World Footwear

Companies

Portuguese footwear industry focus on own brands

Jun 16, 2021 / Portugal
The investment in own brands is a major focus for the Portuguese footwear industry. According to data from the Industrial Property Support Office (GAPI) of the Portuguese Footwear Technological Centre, 272 new footwear brands have been created in Portugal since 2010

Brazilian footwear industry concerned with possible FTA Mercosur-Vietnam-Indonesia

Jun 15, 2021 / Brazil
The local association is concerned with the idea of carrying out an unrestricted trade opening for foreign products, with the reduction of the tariffs on imports. The possibility to have an FTA with Vietnam and Indonesia is already in the process of public consultation

Pinterest expands shopping features to more countries

Jun 15, 2021 / United States
Social network Pinterest announced the expansion of their shopping attributes to Australia, Canada, France and Germany. The shopping features were available first in the US and UK

Mytheresa joins Vestiaire Collective to offer resale service

Jun 14, 2021 / Germany
Luxury e-commerce platform Mytheresa announced a partnership global app Vestiaire Collective. The partnership aims to drive the fashion industry’s shift towards more sustainable practices by introducing a resale service dedicated to Mytheresa’s high-end luxury customers

Virtual Gucci bag sold by more than 4.000 US dollars

Jun 14, 2021 / Italy
The item was sold on Roblox, a video game platform and it cannot be used outside it. The Gucci Dionysus bag is not interchangeable and was more expensive than an original similar physical bag

Crocs appoints Tracy Gardner to Board of Directors

Jun 11, 2021 / United States
The casual footwear brand for women, men and children, known for its clogs, announced that Tracy Gardner has been appointed to its Board of Directors, which has been effective since the 9th of June 2021

Foot Locker's first quarter comparable store sales increase by 80.3%

Jun 11, 2021 / United States
The US-based retailer has announced the first set of results for 2021, with first quarter comparable store sales growing by 80.3%. Net income in the period totalled 202 million US dollars

Weyco acquires Forsake brand

Jun 11, 2021 / United States
The Milwaukee-based company announced that it acquired substantially all of the operating assets and certain liabilities of Forsake, a distributor of outdoor footwear

Crocs files complaint to block imports and sale of trademark-infringing products

Jun 10, 2021 / United States
The Colorado-based brand famous for its clogs filed a complaint with the United States International Trade Commission (ITC) seeking an investigation of unlawfully imported shoes into the United States in violation of its registered trademarks

Gap to close 19 stores in the UK and Ireland

Jun 10, 2021 / United Kingdom
The San-Francisco headquartered fashion group said it has plans to close 19 stores in the UK and Ireland next month as part of a restructure process with the aim to return to growth

Fosun Fashion Group to acquire Italian shoemaker Sergio Rossi

Jun 10, 2021 / China
The global luxury fashion group FFG based in China announced it has signed an agreement to acquire 100% of Italian luxury footwear brand Sergio Rossi from Absolute Luxury Holding S.r.l., an independently-managed investment subsidiary of Investindustrial V L.P.

Inditex: sales grow by 50%

Jun 9, 2021 / Spain
Sales of one of the largest fashion groups grew by 50% in the first quarter of 2021 totalling 4.9 billion euros. Online sales in local currencies grew by 67%

Wolverine expects second quarter revenue to exceed 2019

Jun 9, 2021 / United States
One of the world’s largest global portfolios of footwear and lifestyle brands provided a business update ahead of investor meetings taking place during the Baird 2021 Global Consumer, Technology, and Services Conference

Michael Ballack joins Skechers

Jun 9, 2021 / Germany
Three-time German Footballer of the Year Michael Ballack has signed on to appear in Skechers marketing campaigns due to be launched in Germany and throughout Europe this year

Informa wants to streamline the shopping experience and create more opportunities for brands

Premium ContentJun 8, 2021 / United States
After bringing you the latest about Informa's next editions of its US shows, today we bring you the second part of our conversation with Jordan Rudow, VP of Events. Read about her views on the trade shows and the footwear industry
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