News
World Shoe opens footwear factory in Ghana to support health goals
The Nigerian social enterprise has opened its first facility in Ghana to produce the first brand of antimicrobial and ecological footwear made in Africa. It forecasts to manufacture five million shoes a year
Colombian leather exports continue to fall
According to the Colombian Ministry of Commerce, Industry and Tourism (MinCIT), leather exports declined at an average annual rate of 8.5% from 2015 to 2022
Istanbul will be the venue of the upcoming edition of the World Footwear Congress
As the 6th largest footwear manufacturer in the world, Türkiye will host the next World Footwear Congress, focusing on new business solutions, sustainability and circularity, and the future of labour
Bottega Veneta is launching an academy to preserve craftsmanship
The Kering-owned Italian label is establishing the Accademia Labor et Ingenium, a school that reinforces its commitment to supporting and developing artisanal craftsmanship
adidas announces third quarter preliminary results
The German-based sportswear company has raised its guidance for the full year, mainly as a result of the continued positive impact of the sale of the remaining Yeezy inventory
Shoe Zone reports full year sales growth
The UK-based retailer reported a 6.1% growth in revenue in its unaudited trading update for fiscal 2023, as compared to the prior year. Its full year profit outlook has also increased
Under Armour names Gap veteran as new Chief Supply Chain Officer
The Baltimore-based sportswear company has named Gap veteran Shawn Curran as its new Chief Supply Chain Officer. He brings over 30 years of experience to the position
Bangladesh’s leather footwear exports fall by 33%
Bangladeshi leather exports declined by 18.44% between July and September, as compared to the same period of last fiscal year, with the leather footwear segment suffering the biggest blow
Nordstrom appoints Chief Human Resources Officer
The Seattle-based department store chain has named Lisa Price as Chief Human Resources Officer. She returns to Nordstrom after serving in the same role at Domino’s Pizza since 2019
Group of 10 countries accounts for 90% of global footwear exports
Footwear exports recorded a notable increase of 9% in 2022, reaching a total of 15.2 billion pairs. The 10 main exporting countries represented almost 90% of the worldwide total
Less than a month to go until the World Footwear Congress
The global footwear sector will meet on the 8th and 9th of November in Istanbul to reshape its future in a macro environment marked by uncertainty, high inflation and geopolitical instability
Solpré flies high in foreign markets
The Portuguese footwear components company already exports over 35% of its total sales, while continuing to make strides in the sustainability area
Argentina surpasses the US as the main destination for Brazilian footwear
In a year when Brazilian footwear exports slowed down due to the difficult international economic context, Argentina surpassed the US as the main destination for yellow and green footwear
Spartoo posts an improvement in EBITDA
In the first half of the year, amidst a challenging macroeconomic environment, the French-based retailer reported a decline in GMV and sales, but an improvement in its profitability
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