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
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
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
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
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
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
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
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
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
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
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
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
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
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
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