News
adidas posts weak fourth quarter
The company swung to loss in the last quarter of 2022 and saw its annual profit fall by 83%, reflecting the impact of a poor performance in China and the end of the Yeezy partnership
AAFA partners up with the International Apparel Federation
The American Apparel & Footwear Association (AAFA) and the International Apparel Federation (IAF) have renewed their commitment to bring industry players together across the globe
Nike and Tiffany team up on sneaker collab
The sportswear giant and the jewellery specialist have released Nike's Air Force 1 1837 style, a nod to the year Tiffany was founded. The collab includes a limited-edition sterling silver accessories collection
Leather has a role to play in the fight against deforestation
The World Wildlife Fund (WWF) has called out for traceability along the leather value chain, while signalizing the key role leather can play in the fight against deforestation
Brazilian Arezzo acquires first international brand
The Brazilian footwear and accessories group has acquired a 65% share in the Milan-based shoe brand Paris Texas, suggesting it plans to continue expanding its global footprint
Zalando reports slower growth
Amidst a challenging macroeconomic environment, the German-based online retailer posted a GMV growth of 3.2% in 2022, year-over-year, with revenue remaining stable at 10.3 billion euros
Global Footwear Executive Summit returns on the 14th of March
The third edition of the Global Footwear Executive Summit will take place on the 14th of March, during the APLF trade fairs, in Dubai, to discuss the future of the leather industry
Rocky Brands reports full year sales growth
The Ohio-based company reported reaching net sales of 615.5 million US dollars last year, up by 19.7% over 2021. Net income for the year, was, however flat, at 20.5 million US dollars
German online footwear sales declined by 16.6% in 2022
With consumer spending taking a hit due to the war in Ukraine, online sales fell by 8.8% in 2022, year-over-year. But the footwear sector was the most affected, says BEVH
Wolverine Worldwide posts profit loss
Despite a sales growth, the Michigan-based company reported a fourth quarter and full year 2022 profit loss, impacted by higher transitory supply chain costs and excess inventory
Sustainable, please. But not more expensive!
Sustainability is on the agenda of most footwear brands. Given such importance, in the latest edition of the World Footwear Business Conditions Survey we have asked our experts if consumers will be willing to pay more for sustainability
Germany Retail: one swallow doesn’t make a summer
Despite the upturn in consumer confidence observed in the last quarter of 2022, there is still much concern among retailers. Footwear imports are following an upward trend since October, which could be read as a good sign concerning the health of retail, but German businesses are quite familiar with the sensitivity of their consumers to slight changes in overall economic conditions, and inflation is still expected to impact directly sales. Caution seems definitely to be the watchword at the start of 2023
Upcoming edition of CICB to focus on traceability in the leather's value chain
The CICB Sustainability Forum 2023, scheduled to take place on the 8th of March, at the Fimec fair, in Novo Hamburgo, Brazil, will discuss the paths for traceability in the leather industry
US: footwear industry sales to stabilize through 2025
Following the pandemic-fuelled instability experienced since 2020, US footwear sales are expected to stabilize over the next three years, growing at a steady pace of 1%, says the NPD Group
Portuguese JAK secures foreign investment
Maisons Julien et Kelly Dassault (MJKD) has formalized a seed investment in the Portuguese unisex sneakers company to support its internationalization efforts
Media Partners
Media Partners
-
SERMA
UNIT Publishing House
SHOES-MAGAZINE.COM
MPA Style