World Footwear

Footwear

Foot solutions buys Florida-based retailer Happy Feet

Feb 8, 2022 / United States
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

Volume of Brazilian exports in 2021 above pre-pandemic levels

Feb 7, 2022 / Brazil
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

Capri on growing mode

Feb 7, 2022 / United Kingdom
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

Skechers closes 2021 with record sales

Feb 4, 2022 / United States
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

Cost of merchandise and raw materials is the main concern of the footwear business

Premium ContentFeb 3, 2022 / Business Conditions Survey
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

Ferragamo announces preliminary results for full year 2021

Feb 3, 2022 / Italy
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

VF confirms full year outlook

Feb 2, 2022 / United States
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

adidas to hire 2 800 employees throughout 2022

Feb 1, 2022 / Germany
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

H&M sales bounce back to pre-pandemic levels

Feb 1, 2022 / Sweden
The Sweden-based fashion group has announced that net sales for the financial year of 2021 amounted to 18.9 million euros, backed by a strong fourth quarter performance

Price of footwear is the most important driver in the buying decision

Premium ContentJan 31, 2022 / Business Conditions Survey
A combination of factors will determine the consumer’s decision to choose a pair of shoes. With a view to find out what are the most relevant drivers in that process, we have asked our experts to choose the most relevant factors. Price is at the top of the list

Prada and adidas head into the metaverse

Jan 28, 2022 / Germany
The brands have joined forces on a user-generated NFT and creator-owned art project. adidas for Prada re-source brings into metaverse their latest collaboration

LVMH posts revenue above pre-pandemic levels

Jan 28, 2022 / France
The luxury group has reported strong growth over 2021, following the disruption of the first half of 2020 resulting from the global pandemic. Revenue for the full year reached 64.2 billion euros

Sneakers and sports related footwear to continue on the rise

Premium ContentJan 27, 2022 / Business Conditions Survey
It doesn’t come as a surprise, but the conclusions from enquiring our Panel of Experts of the World Footwear Business Conditions Survey point to a continuation of the trend around sneakers and sports related footwear. Read more about it today

Sports footwear trend will grow by 50% in the next decade

Jan 27, 2022 / World
The sports footwear business continues to thrive. By 2030, the global athletic footwear industry should generate 165.00 billion US dollars, which will reflect an increase of 50.4%, as compared to revenue of 109.70 billion US dollars in 2020

Pakistan footwear exports increase in value

Jan 26, 2022 / Pakistan
In the first half of the current fiscal year, Pakistani footwear exports grew by 12.37% in value, totalling 72.79 million US dollars. Leather footwear exports increase in value, but decline in volume
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