News
Italian footwear industry decelerates
Expectations of a slowdown in the country's footwear industry materialised in the second quarter of 2023. Both the volume of exports and production are falling, as is household spending
Inditex profits soar by 40% in the first half
The Spanish-based fashion group, which owns, among others, Zara and Massimo Dutti, posted a strong performance in the first half of 2023, marked by significant growth in profits
21st Edition of the UITIC Congress: innovation as a pathway to sustainability
Key stakeholders in the footwear industry will come together between the 20th to the 22nd of September, in Milan, to discuss how innovative solutions can ensure a more sustainable future
Birkenstock files for IPO
The German footwear brand has filed for an initial public offering with the US Securities and Exchange Commission, revealing its finances for the first time
Caleres names its first-ever Chief Design & Product Officer
The US-based footwear company has promoted Natelle Baddeley to Chief Design and Product Officer, effective immediately. She joined Caleres in 2018 as SVP of Design, Merchandise, and Product Development Strategy
Sneaker resale marketplace Laced expands to Europe
The UK-based resale sneaker platform is expanding into European markets by starting to roll out dedicated language websites and introducing a series of currencies
Puma marks the sixtieth anniversary of the Porsche 911
The German-based sportswear company has teamed up with Porsche to launch two exclusive limited-edition sneaker models that honour the legacy of the iconic Porsche 911
Bangladeshi leather exports decline
From July to August, Bangladesh posted a 12.73% decline in leather exports, as compared to the same period of last fiscal year. Only the leather goods segment grew in the period
Italian footwear exports to Russia increase despite the current context
Exports of Italian footwear to Russia increased in value and volume in the first quarter of 2023, as compared to the same period last year
Vietnam secures the 2nd position amongst leather footwear exporters
In 2022, the Asian country exported 387 million pairs of leather shoes, with a total value of 9.6 billion US dollars, overtaking Italy in the second position
Final countdown to the next UITIC Congress has now begun
With the definitive programme closed, expectations grow for the 21st edition of the International Congress of Technical Footwear, which will be held from the 20th to the 22nd of September in Milan
Portuguese ForEver celebrates its fiftieth anniversary
Founded in 1973 as a small footwear components factory, the Portuguese company quickly became a benchmark in the production of soles for the most renowned international brands
Dick's Sporting Goods reports a fall in profits
The sporting goods retailer posted a sales growth of 3.6% in the second quarter of 2023, on a comparable basis to the same period of 2022, but saw its profitability fall due to the impact of high stock reductions
Designer Brands President to step down
William Jordan, the President of Designers Brands and Camuto brand, will step down from both positions presumably on or before the 1st of December
Designer Brands posts sales decline
Despite recording another sales decline in the second quarter of fiscal 2023, the North American company reiterated its full year guidance after seeing some improvement from the prior quarter
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