Footwear
Dick’s Sporting Goods posts growth in 2021
The sporting goods retailer has reported net sales of 12.29 billion US dollars in the full year 2021, reflecting growth of 28.3% and 40.5%, on a comparable basis with fiscal 2020 and 2019
Footwear business not expected to be carbon neutral by 2050
Sustainability is becoming more of a real concern for businesses and inhabitants of this world. However, some claim this is just a fashion trend or a marketing tool. With that in mind we have asked our panel if the footwear industry will be able to be carbon neutral by 2050. Half of the respondents don’t believe that will happen
adidas names Chief Creative Officer
The sportswear company has announced the appointment of Alasdhair Willis to the position of Chief Creative Officer, effective April
Geox closes 2021 with strong performance
The Italian brand posted revenue growth of 13.8% over 2020, reaching 608.9 million euros in 2021, driven by the performance of the wholesale channel and the gradual reopening of stores
Reve de Flo produces women’s shoes until size 46
The Portuguese-based footwear company, focused on the women’s segment, has surprised once more. It now produces large shoe sizes by consumer demand
Matt Priest: the US footwear industry is resilient and agile
We have spoken to Matt Priest, who is the President & CEO of the Footwear Distributor & Retailers of America, to discuss in detail the achievement of the 100.7 billion US dollars record on consumer demand for shoes in 2021. We have also ventured into the future, going over the main concerns for the US footwear industry, such as rising inflation (7.5% in January), additional duties on Chinese consumers goods, but also the opportunities on the horizon
Polish footwear industry fears the impact of the war
The impact of the war between Russia and Ukraine on the industry might be substantial. Both countries represent important markets for Polish shoes
Wolverine Worldwide posts strong full year 2021
The Michigan-based giant has reported that revenue and earnings in the fourth quarter and full year 2021 have exceeded expectations despite ongoing supply chain disruptions
Nike accelerates its DTC strategy
Foot Locker is expecting its amount of Nike products to decline thanks to its accelerated strategic shift to DTC, but also due to the retailer’s own diversification efforts
Rouble tumbles following Russia’s invasion of Ukraine
On Tuesday, the rouble pared some of the previous day’s heavy losses, as it plunged around 29% against the dollar on Monday morning, an all-time low, under pressure on foreign markets from Western sanctions
Foot Locker posts strong full year 2021
The retailer announced the results for the fourth quarter and full year 2021. Net income for fiscal 2021 totalled 893 million US dollars, as compared with 323 million US dollars in 2020
Italian footwear industry concerned over conflict in Ukraine
The Italian Footwear Manufacturers' Association has shown concern over the impact of the conflict on the footwear trade. Russia and Ukraine are important markets for the Italian footwear
Farfetch announces first year of adjusted EBITDA profitability
The luxury e-commerce platform has reported a record Gross Merchandise Value of 4.2 billion US dollars in 2021. Adjusted Ebitda margin rose to a positive 0.1%
ABG completes the acquisition of Reebok
Authentic Brands Group has announced that it has finalized the acquisition of Reebok from adidas, its largest acquisition to date
France Retail: retailers more confident than consumers amid an uncertain environment
Although footwear retail sales in France have returned to pre-pandemic levels, the beginning of 2022 is being characterized by some uncertainty. Consumers’ mood has become more volatile towards the end of 2021, reaching minus 8 points in January, and rising inflation has not spared the sector. Nonetheless, retailers are proving to be more confident than consumers, displaying some insensitivity towards risks-
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
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