Companies
Under Armour announces commitments to tackle climate change
The US-based sportswear brand Under Armour has committed to using 100% renewable energy use in owned and operated facilities by 2030 and to achieve net zero greenhouse gas emissions by 2050
Todd Kahn is new Coach's Chief Executive Officer and Brand President
The New York-based house of modern luxury accessories and lifestyle brands, announced the appointment of Todd Kahn as Chief Executive Officer and Brand President of Coach, effective immediately
Digital, Digital and more Digital
In the fourth edition of our Business Conditions survey, we questioned our panel members on which business-to-business marketing tools will be more important for footwear businesses in the post-pandemic world. Digital, digital and digital are the top answers
Tod's appoints Chiara Ferragni member of Board of Directors
This is the latest move of the Italian-based group to reach out to a younger generation. The Tod’s Group has appointed Chiara Ferragni as a member of its Board of Directors
Wolverine appoints Kathleen Wilson-Thompson to its Board of Directors
The Michigan-based company announced the appointment of Kathleen Wilson-Thompson to its Board of Directors. The decision is effective from the 5th of May 2021 onwards
Digital increasingly important at the expenses of traditional retail
Since the first edition of the WF Business Conditions Survey, we have been asking our panel of expert about their expectations regarding the evolution of different retail channels over the next three years: digital continues to be increasingly important
Kurt Geiger to open 9 new stores this week
The UK-based retailer has announced it will open nine new stores this week as non-essential retailers in England are allowed to reopen
Sustainability concerns more relevant than fashion trends
When asked about the factors considered to be the most relevant in determining the evolution of sales of each category of footwear, our experts’ answers point to a raising relevance of the sustainability concerns
Asos with sales growth of 24%
A few weeks after the announcement of the acquisition of part of the assets of the Arcadia group, including Topshop, the British electronic marketer Asos published its results for the six months to the end of February, posting two digits growth in sales
Sneakers and sports-related footwear expected to gain market share
Specialists from all over the world, gathered in our World Footwear' experts panel, believe sneakers and other sports related footwear, as well as other footwear with textile uppers, will continue to gain market share in the near future
Paul Andrew leaves Salvatore Ferragamo's artistic direction
After Salvatore Ferragamo's leadership was recently confirmed, with Leonardo Ferragamo succeeding his brother Ferruccio as non-executive vice president, Artistic Director Paul Andrew is now leaving the luxury fashion house
Kering reorganizes its logistics process
The group's new global logistics hub is located in Trecate (Novara, Piemonte), Northern Italy. The first part of the building has been operating since March 2020. The rest should be operational by the end of the second quarter 2021
UBS foresees 80 000 stores closures in the US by 2026
The analysis presented by the investment bank indicates that after the peak in closures registered in 2019, the scenario is not bright and shiny for the next 5 years. UBS is forecasting a 9% of the total current number stores to shut across the country by 2026
Insufficient demand is the main difficulty faced by the footwear industry
We have asked the World Footwear' experts panel, gathering specialists from all over the world, about the main difficulties currently faced by the footwear companies all over the world. Insufficient demand was choosen by half of the respondents-
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Footwear Consumer 2030
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