The New York-based luxury group, owner of Coach, Kate Spade and Stuart Weitzman, improved its outlook for fiscal 2022 after reaching 2.14 billion US dollars revenue in the second quarter
Although the TCF sales index surpassed the 2018 baseline in November, the downwards trend of pessimism experienced among consumers since July last year is raising concerns. In fact, last month, the consumer confidence index dropped to its lowest level in 11 months. Retailers should be wary of consumers fears over surging inflation, rising fuel bills and the prospect of interest rises, while managing supply difficulties brought by the ongoing unwind of the Brexit process
We have spoken to Anna Yona who founded the German company Wildling Shoes alongside her husband, Ran Yona, in 2015, to find out a bit more about its innovative concept of healthy shoe and how one original idea grew into a brand awarded for its design and quality standards
The German-based sportswear has launched new women-focused products, alongside enhanced support for established and emerging athletes, as well as new support programmes
The collection contains Minecraft-themed apparel and footwear sized for both children and adults. The Puma x Minecraft collab includes a rendition of the iconic Suede model
The US-based sportswear company has reported sales increase of 25% over 2021, reaching 3.13 billion US dollars. Fourth quarter results were driven by strong consumer demand
The Californian-based group has posted revenue of 1.19 billion US dollars in the third quarter of fiscal 2022, amid ongoing supply chain disruptions. UGG and Hoka brands sales drove the result
The international retailer of wellness footwear and custom orthotic insoles has announced the acquisition of the retailer Happy Feet. Details of the transaction were not disclosed
In 2021, Brazil shipped 123.6 million pairs of shoes, which reflects an increase in volume of 32% and 7.3%, as compared to 2020 and 2019, respectively. Positive trajectory should continue over 2022
The fashion luxury group has posted revenue and earnings above expectations in the third quarter of fiscal 2022, raising once again its full year outlook
The US-based footwear giant reported record sales of 6.29 billion US dollars in 2021. The company remains confident about reaching 10 billion US dollars revenue by 2026
The COVID-19 pandemic created pressure on the global supply chains, which has resulted in shortages of materials and increased transport prices. The cost of merchandise and raw materials is now the main concern of the footwear industry
The Italian-based luxury group has reported revenue growth of 29.6%, reaching 1.14 billion euros, as compared to 2020. Footwear and leather goods sales represented the main share
The US-based apparel and footwear group has posted revenue growth of 22% in the third quarter of fiscal 2022, driven by the performances in the EMEA and North American regions
The sportswear giant has announced that its recruitment drive will occur in 307 locations in 47 countries to backfill vacancies, but also to create new jobs