World Footwear

Footwear

adidas announces revenue growth slowdown

Nov 17, 2021 / Germany
The sportswear giant has reported that supply chain disruptions and difficult environment in Greater China reduced growth by around 600 million euros in the third quarter of 2021

Pentland launches new 100-1-0 sustainability strategy

Nov 16, 2021 / United Kingdom
Sportswear group Pentland Brands has set three targets to be reached by 2032, the year marking the group’s 100-year anniversary. These are part of the group's sustainability initiative

Tapestry raises full-year outlook

Nov 16, 2021 / United States
The New York-based luxury group, owner of Coach, Kate Spade and Stuart Weitzman, announced revenue growth of 26% in the first quarter of fiscal 2022, totalling 1.48 billion US dollars

UGG launches shoe refurbishment programme

Nov 16, 2021 / United States
The lifestyle brand has teamed up with the premium shoe repair company NuShoe to launch the UGGrenew refurbishment programme. The goal is to extend the life of their Classic Boots

CTCP provides international experience to European students

Nov 15, 2021 / Portugal
As part of the Erasmus+ European project SciLed, the Portuguese Footwear Technological Centre received 11 young students from Spain, Italy, Greece and Romania for an intensive training initiative (Training Learning Experience)

Ferragamo with new eco-friendly collection for Farfetch.com

Nov 15, 2021 / Italy
Italy-based fashion house Salvatore Ferragamo created an eco-friendly collection, called Salvatore Ferragamo Icon-Up, which is being launched exclusively on Farfetch.com

Brazilian footwear featured at Expo Dubai

Nov 15, 2021 / Brazil
At the beginning of the month, Brazilian footwear had an exclusive space within the country's pavilion at Expo Dubai. Organization made by Brazilian Footwear (Abicalçados) in partnership with the Brazilian Agency for Export and Investment Promotion (Apex-Brazil)

Li Ning to acquire Amedeo Testoni

Nov 12, 2021 / Hong Kong
Viva China Holdings Limited, the parent group of Clarks is consolidating its position in the footwear market, this time by acquiring Italian brand Amedeo Testoni. The deal should amount to 5.6 million euros

Wolverine Worldwide announces revenue increase

Nov 12, 2021 / United States
The Michigan-based giant has reported revenue of 636.7 million US dollars in the third quarter of 2021, as compared to the same period of 2020, amidst supply chain disruptions

Ferragamo reports solid growth

Nov 12, 2021 / Italy
The Italian-based luxury group announced revenue growth of 33.9% in the first nine months of 2021, reaching 785 million euros, driven by sales in the United States and Asia Pacific region

Germany Retail: too early to claim victory on the retail performance

Premium ContentNov 11, 2021 / World Footwear Reports
In recent months, the Textile Retail Index (including Clothing & Footwear) in Germany compares well to the pre-pandemic 2019 data. However, one must remember that 2019 was a terrible year for the German economy. As we write this Retail Flash, the consumer price index for footwear is following the upwards movement of prices in general and retailers are now looking on how to offset higher costs of raw materials and logistics in footwear imported from overseas. That said, it seems too early to claim victory on the retail performance in Germany

French footwear exports in growing mode

Nov 11, 2021 / France
In the first eight months of 2021, French footwear exports increased by 19%, totalling 2.58 billion euros, as compared to the same period of 2020. Leather goods exports have also grown by 34%

ACLE to be rescheduled to 2022

Nov 11, 2021 / China
The organisers of All China Leather Exhibition 2021 have taken the decision to reschedule the event, due to be held at the Shanghai New International. ACLE will now be held from the 31st of August to the 2nd of September in 2022

Havaianas with first production plant outside Brazil

Nov 10, 2021 / Brazil
The Argentine Grupo Blanco, which has been distributing Havaianas’ footwear in the country for the past four years, will now begin manufacturing it

Webinar: The life of COVID on leather

Nov 10, 2021 / United Kingdom
The webinar organised by the BFA will present the latest findings from researchers from De Montfort University and will answer questions such as How long can COVID-19 survive on shoe leather? and Is there a risk associated with cardboard shoeboxes?
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