Footwear
Italy: being good at production alone no longer suffices
Amid a challenging macro-environment, digitalization and sustainability emerged as priorities for the future of the footwear industry at the annual meeting of Assocalzaturifici held in Bologna
Arnault restructures holding company to ensure family control of LVMH
The French billionaire Bernard Arnault is turning his holding company Agache into a joint-stock partnership to guarantee that its control over the LVMH group will be maintained in the long term
Footwear in Switzerland – a country snapshot
After focusing on the footwear business in Poland, South Africa, South Korea and Russia, today, we bring you a new country snapshot, this time analysing in detail the Swiss footwear industry
Havaianas to increase production in Argentina by 80%
The Argentine Grupo Blanco announced that it will increase the production of Havaianas by 80% this year. In addition, it will develop a product line to export to Europe and the US in 2023
Manolo Blahnik wins 22-year trademark battle in China
The British luxury shoemaker announced that it has won the long-running legal battle in China to use its name, becoming able to enter the world’s fastest-growing luxury market for the first time
JD Outdoors to open over a dozen new stores
The retailer's outdoors division, behind brands such as GO Outdoors, Blacks and Millets, is expanding its footprint in the UK due to a spike in demand for outdoor products
Josefinas launches a new slingback model
The Portuguese brand recreated the iconic model of pointed two-tone shoes launched by Coco Chanel in 1957 and introduced its High Standards line of slingbacks manufactured in Portugal
Foot Locker appoints EVP Global Lockers and Champs Sports
The US-based group has appointed Andy Gray, formerly EVP and Chief Commercial Officer, as EVP, Global Lockers and Champs Sports
Nordstrom names two new Executive leaders
The Seattle-based department store announced the promotion of Deniz Anders to Senior Vice President and Chief Marketing Officer. Nina Barjesteh, a Senior Executive at DICK's Sporting Goods, will join the company as President, Nordstrom Product Group
Uniqlo owner raises outlook
The Japan-based Fast Retailing posted record profit results in the third quarter of fiscal 2022, with strong performances in every market except for Greater China, raising its outlook in result
Designer Brands adds Le Tigre to its portfolio of owned brands
The North-American company has entered a licensing agreement with Le Tigre 360 Global. The deal is regarded as another step to double sales of the owned brands category by 2026
Athletic footwear sales declined in the first quarter
According to the NPD Group retail tracking service, athletic footwear sales in the US decreased by 8.2% from January through March 2022, on a comparable basis to the same period in 2021
Online footwear consumption gains share in Spain
The COVID-19 pandemic appears to have given a sustainable boost to e-commerce in the footwear sector, as 2021 was the second-best year in this regard, immediately after 2020
Aldo Group completes restructuring process
The Canadian-based footwear and fashion accessories group announced that it successfully exited the restructuring process launched in May 2020 when it filed for credit protection amid the COVID-19 pandemic
Consumer demand across mobile apps fosters Nike's growth
The US-based sportswear giant attributed the 18% annual revenue growth in its digital business to consumer demand across its mobile apps-
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