News
Keds undergoes brand refresh and expands product range
The sneaker brand, owned by Designer Brands, has announced a brand refresh to better express its core values, as well as the release of a new collection inspired by the iconic Keds Champion
Stella International reports a decline in revenue
The Hong Kong-based manufacturer announced that its unaudited consolidated revenue for the first quarter of fiscal 2023 decreased by 25.8%, as compared to the same period of last year
Dr. Martens lowers full year profit guidance
The iconic British brand has lowered its FY 23 profit outlook due to costs associated with resolving operational issues at its LA distribution centre, as well as a decline in wholesale revenue
Indonesian footwear exports expected to contract
According to the Indonesian Footwear Association (Aprisindo), the country's footwear exports may fall by about between 35% to 40% in 2023 to 4.64 billion euros, as compared to the previous year
US footwear prices increases continue to cool off
Retail footwear prices increased at a decelerating rate in March, up by 0.3% from the same period last year. This signals the slowest growth in 24 months for the category
APLF ASEAN returns to Bangkok in October
The organization of the trade fair has confirmed that APLF ASEAN will return for a second edition from the 25th to the 27th of October 2023 at the Bangkok National Convention Centre
Hermès posts strong first quarter
The French-based luxury group posted a revenue growth of 23% at constant exchange rates and 22% at current exchange rates in the first quarter of 2023, year-over-year, reaching 3.38 billion euros
Final Call!! Join the 8th edition of the World Footwear Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. We want to hear you!
Gucci and Burberry join platform that aims to promote smart consumption
The two luxury brands have joined a new platform launched by the tech start-up Labell-D that aims to help consumers protect the value of their luxury products through validated pricing
Nordstrom expands board of directors
The Seattle-based chain of department stores has announced the appointment of Erik Sprunk, former Chief Operating Officer of Nike, to its board of directors, which has now 11 directors
Rocky Brands sells Servus brand
The Ohio-based company has announced that it has sold its Servus Brand to PQ Footwear, a subsidiary of Industrias PetroQuim, in a deal whose terms have not been disclosed
Materials and Sustainability: How can footwear be more sustainable?
Just released! A new paper dedicated to recycled and recyclable, biodegradable and compostable, and biobased and organic materials. This is the latest from a series dedicated to innovation in the footwear and leather goods industry
New Generation: meet Ricardo Pinto from Combocal
Ricardo Pinto has been working for the family company of footwear components for three years. He brought to Combocal the knowledge acquired in his Master’s in Polymer Engineering, as well as the insights from an intensive management course taken at Católica Porto Business School
Insolvent Görtz finds a new investor
The Hamburg-based shoe retailer has announced that the couple Leonie and Burkhard von Wangenheim acquired a 100% stake in the company that went into bankruptcy last September
Brazilian footwear production to grow between 1% and 1.7% in 2023
According to the Brazilian Footwear Industries Association (Abicalçados), this year's local footwear production is expected to grow between 1% and 1.7% over 2022, driven by the domestic market
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