News
Consumption stagnation, price increases, and drop in employment expected for 2023
This is the main outcome of the most recent edition of the World Footwear Business Conditions Survey, conducted in November. Today we bring you a summary of some of the main conclusions
Luxury concerned over new COVID-19 surge in China
The Asian giant tightened its COVID-19 restrictions last week due to a spike in new COVID-19 cases. This has raised concern about a further slowdown in the country's luxury market
Designer Brands announces third quarter results
The North-American company posted net sales of 865.0 million USD in the third quarter of 2022, with sales of owned brands representing 26.5% of the total, as compared to 21.5% in the same period of last year
Spanish Camper launches Wabi slipper made with regenerative wool
The Mallorca-based footwear company teamed up with a local material supplier to recreate the 22-years old Wabi slipper model using regenerative wool locally sourced and processed on the island
Pakistani footwear exports in growing mode
The Asian country's footwear exports grew significantly from July through October 2022 (by 82% in volume and by 31%, year-over-year), while leather exports lag behind
Foot Locker: high expectations for a future under Dillon's leadership
After a challenging few years, analysts and investors are placing high hopes on the fresh perspective Dillon will bring to the US-based retailer's future, says Sportstextiles.com
Ellen Schmidt-Delvin: we are all looking to Europe to show us the next innovation
Today we are sharing with you an interview with Ellen Schmidt-Delvin, Cofounder and Executive Director, University of Oregon. We have talked with Ellen about traceability, sustainability and innovation and all pressing issues of the footwear industry
Dr. Martens warns on full year profit margins
Despite a strong performance in the first half, the British label is concerned with full year profits due to weaker consumer demand, higher investment in its DTC channel and a stronger US dollar
Havaianas expands ReCycle initiative in Asia
The Havaianas Asia Pacific (APAC) division has committed to collecting 10% of the total sold flip-flops using Recycle stations in-stores across the region by 2030
UK: cost-of-living crisis to impact Christmas spending habits
Nearly half of UK consumers (43%) are expecting to spend less over the upcoming festive season, as compared to 22% in the same period last year. Consumer confidence is at an all-time low
Dior buys prints and manual finishings on leather specialist Art Lab
According to the Milanese business newspaper Il Sole 24 Ore, the Parisian-based House has acquired the Tuscan company specialized in prints and handmade finishings on leather
Dick's Sporting Goods posts solid performance
The sporting goods retailer has reported a 7.7% net sales increase in the third quarter of 2022, as compared to the same period of last year, deciding to raise the full year outlook in result
MLV Shoes opens its first store
The Portuguese footwear brand opened its first space in Lisbon to showcase the entire catalogue. So far, the brand could only be found online and in multi-brand sales points across the country
Designer Brands adds two names to the Board of Directors
The North-American company announced the appointment of Rich Paul and Tami J. Fersko to the Designer Brands Board of Directors as independent directors
New qualifications for designers of sustainable footwear
The Erasmus+ SHOEDES training project aimed at promoting initiatives towards sustainable product designers is calling out footwear designers, industry technicians and students to take part of the project by filling out training needs questionnaire
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