News
École Hermès des savoir-faire expands training programme
Hermès apprenticeship training school, which prepares students for the French national diploma in leatherwork, will include a vocational qualification certification in cutting and stitching
US low-income shoppers to spend more this holiday season
Low-income shoppers are planning to spend 25% more year-over-year, while the high-income group is pulling back. Overall, holiday spending is expected to be flat year-over-year
Last call to fill our Business Conditions Survey. You can still get access to the results in first hand
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. We want to hear you!
Columbia Sportswear reports strong performance
The US-based company posted a net sales increase of 19% in the third quarter of 2022, driven by the performance of the Sorel and Columbia brands, and confirmed its full year outlook
Allbirds reduces carbon footprint by 12%
The Californian brand of sustainable footwear revealed that it cut by 12% the average product carbon footprint between 2020 and 2021. Allbirds intends to reduce it to near zero by 2030
Stella posts revenue increase
In the first nine months of 2022, the Hong Kong-based footwear manufacturer and retailer posted a 13.5% consolidated revenue growth despite "increasing macroeconomic headwinds"
Germany Retail: after a surprising summer, retail might not be able to withhold the impacts of recession
The analysis of both TCF (Textile, Clothing, & Footwear) Retail Index and footwear imports show that German consumers chose “to enjoy the present before it is too late”. In July, retail trade was still healthy enough to accommodate the price increases caused, first, by the impact of the pandemic on the global supply, and then, by the skyrocketing of energy prices following the Ukraine crisis, not to mention the high inflation. However, given the free fall of consumers’ and retailers’ confidence observed since March, additional uncertainties are expected to arise throughout Autumn. Furthermore, despite all gains observed in the recent past, the online seems to be losing some track, and the macroeconomic environment will not be an ally during the second half of 2022
Brazilian footwear sector with the best performance in job creation since 2015
With 44.4 thousand jobs generated between January and September 2022, the Brazilian footwear industry reached the best result in employment generation of the past seven years
Hoka's performance stands out in the second quarter
Deckers Brands posted a net sales increase of 21.3% in the second quarter of fiscal 2023, as compared to the same period of last year, with Hoka's sales growth of 58.3% standing out
Alexandra Moura reinvents Wock models
Following the success of the first collaboration, the Portuguese designer teamed up again with the Portuguese-based footwear professional company Wock to reinvent one of its models
VF Corp sales decline
The US-based group reported a revenue decline in the second quarter of the current fiscal year, as sales at Vans were noticeably down in this period, as compared to the same period of last year
Spain Retail: footwear retail fears the end of the year on account of macroeconomic uncertainty
Looking exclusively into the available evidence from the comparison between the monthly behaviour of footwear imports and the TCF (Textile, Clothing, & Footwear) Retail Index in Spain, as well as the TCF Retail Indicator by Eurostat, there are not yet red lights on the retail side, so far. But, as more consumers struggle to make ends meet with high inflation and increases in gas and electricity, footwear retail is expected to soon be a victim of the need to divert from non-essentials. Meanwhile, online sales appear to have stabilized, so, with the COVID-19 influence out of the picture, it is up to retailers to continue investing in this channel, where there is much yet to be done
Skechers named Company of the Year
The US trade publication Footwear News (FN) has decided to name the 30 years-old Skechers as Company of the Year for the third time in the history of the FN Achievement Awards
Puma reiterates full year outlook
On the back of yet another quarterly sales record, the German-based sportswear giant confirmed its outlook for 2022, despite signalling the continued volatility in the market
Skechers with steady growth
The US-based company posted a sales increase of 20.5% in the third quarter of 2022, year-over-year, emphasizing the "broad-based consumer demand" experienced since the start of the year
Media Partners
Media Partners
-
MPA Style
UNIT Publishing House
Fotoshoe
Shoe Intelligence