World Footwear

Footwear

Shoe Carnival acquires Shoe Station

Dec 7, 2021 / United States
Shoe Carnival is buying the family-owned footwear retailer Shoe Station, which operates in five South-eastern US states, for 67 million US dollars. The goal is to expand its customer base

Genesco reports revenue increase

Dec 6, 2021 / United States
The Nashville-based footwear group has announced net sales increase of 25% in the third quarter of fiscal 2022, reaching 601 million US dollars, as compared to the third quarter of 2021

Ecco bets in innovative shoemaking processes

Premium ContentDec 6, 2021 / Denmark
The Danish shoemaker has chosen to use Stratasys Origin One 3D printers and Henkel Loctite materials to accelerate the shoemaking development process in its facilities in Portugal and Denmark

Prices of footwear to continue to increase

Premium ContentDec 3, 2021 / Business Conditions Survey
There is a rising expectation about the evolution of footwear prices in the coming months. Our experts anticipate prices to continue to rise, as a result of several pressure points impacting the business. Get access to the latest Business Conditions report and find out more today

Shortage of raw materials threatens Indonesian footwear industry

Dec 3, 2021 / Indonesia
The footwear industry fears a raw materials’ crisis due to the ongoing energy crisis in China, which is causing a delay in deliveries. The sector remains very dependent on Chinese products

CCC with new quarterly record

Dec 3, 2021 / Poland
The Polish-based footwear group reported record revenue of 452.6 million euros (2.1 billion Poland Zloty) in the third quarter of 2021. Online sales accounted for 45% of total sales

Farfetch partners up with Clipper Logistics

Dec 2, 2021 / United Kingdom
The luxury platform has established a joint venture with the lead provider of e-fulfilment and returns management services to offer a global e-commerce fulfilment solution for luxury brands

New Generation: meet Pedro Pereira

Dec 2, 2021 / Portugal
Pedro Pereira represents the second generation of the Portuguese company of woman's footwear Reve de Flo. Having grown up in the world of footwear, he opted to join the company after finishing his studies, where he explored in-depth the industry and its strategic goals

Mexico: footwear industry expects to close 2021 with growth

Dec 1, 2021 / Mexico
The Chamber of the Footwear Industry of the State of Guanajuato (CICEG) forecasts that the footwear industry will close the year with growth of 25%, on a comparable basis to 2020

Inditex announces top-executive changes

Dec 1, 2021 / Spain
The Spanish-based fashion group has appointed Oscar García Maceiras as chief executive, effective immediately. Marta Ortega was also nominated chairwoman of the group, effective from the 1st of April

Spanish footwear industry with recovery signs in 2021

Nov 30, 2021 / Spain
Employment in the Spanish footwear and leather industry grew for the second consecutive time in October 2021. Footwear exports have also been experiencing a steady increase over the year

Caleres raises full year outlook

Nov 30, 2021 / United States
The footwear group reported net sales of 784.2 million US dollars in the third quarter of 2021, as compared to the same quarter of 2020, driven by Famous Footwear business' performance

US Retail: the holiday season might not be enough to withdraw the retailer's worries

Premium ContentNov 29, 2021 / World Footwear Reports
The Retail Sales Index in the US Shoe Stores has registered a favourable pace between March and August, which could give good perspectives for the near future. However, footwear retail gains are dwindling, closing at only 4 percentage points upside in August, after 11pp above the line in March. On top of that the consumers’ mood is plunging again and with inflation entering a danger zone in the US, retailers have reasons to be worried, especially if footwear prices stay in the upper range for a longer time

Larger footwear companies are more optimistic about employment

Premium ContentNov 26, 2021 / Business Conditions Survey
Although COVID-19 is still one of the topics of the moment, most of the experts of the World Footwear Business Conditions Survey believe the coming months will be positive with favourable expectations about the levels of employment in the business

Lemon Jelly teams up with Ocean Alive

Nov 26, 2021 / Portugal
The Portuguese brand has rallied up behind the women-led Ocean Alive’s mission of protecting and preserving the ocean by inviting its customers to positively contribute
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