News
Venezuelan footwear production supplies 25% of domestic demand
Despite encouraging figures concerning footwear production, CAVECAL notes that high production costs and bank financing restrictions are the main reasons holding footwear companies back
Join the 7th edition of the World Footwear Business Conditions Survey
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!
Decathlon changes name to 'Nolhtaced' in three Belgian cities
The sporting goods retailer has changed its name to Nohltaced (Decathlon written backwards) in Evere, Namur and Ghent, for one month, as part of its campaign to promote reverse selling
Skechers sues Hermès for patent infringement
The US-based company announced that it has sued the luxury group for allegedly infringing on multiple patents regarding its Massage Fit sole technology
MICAM and sisters fairs announce dates for next edition
MICAM, MIPEL, and TheOneMilano will once again be held together from the 19th through the 22nd of February 2023, overlapping with the dates of Lineapelle and HOMI Fashion&Jewels
France Retail: news are not uplifting footwear retail
The Footwear Retail Sales Index (by BdF) reached in July its lower score in thirteen months in a row, and data from imports from the same month which will most likely make importers revise their decisions to the downside after the increasing value available for june. Despite a slight relief in consumer confidence in August due to Governmental aid, the increase in prices left little space in the wallet for discretionary footwear purchases. Meanwhile, online retail seems to have gained about 50 percentage points in 30 months in France, but data does not allow us yet to conclude whether the footwear segment shares this performance
UK: VAT-free shopping scheme will not be reinstated
The new British Finance Minister Jeremy Hunt announced that the Government no longer plans to reintroduce VAT-free shopping for overseas visitors. Luxury and retail sectors are against it
GOAT Group acquires resale platform Grailed
The marketplace group has acquired Grailed, the resale platform for men's luxury, streetwear, and vintage fashion. This move will enable GOAT to accelerate its apparel and accessories categories' growth
Puma releases sneaker infused with nitrogen foam
The German-based company has launched Extent, a sneaker inspired by the brand's archive of 2000s long-distance running shoes whose midsole features an innovative nitrogen-infused foam
UGG unveils boot made with regeneratively sourced materials
The Californian brand announced the launch of Classic Mini Regenerate. Available for adults and children, this boot is made with materials from Atkins Ranch, known for its regenerative practices
Plumex bets on footwear for diabetics
The Portuguese brand, which has already a footwear line for this segment, teamed up with the Polytechnic Institute of Castelo Branco to further research on this type of footwear
Rocky Brands creates Chief Operating Officer role
The Ohio-based company announced that CFO Tom Robertson has been promoted to the newly-created role of COO. He will be responsible for overseeing the day-to-day business operations of Rocky Brands
Timberland launches circular boot
Timberloop Utility Boots are the highlight of the new Fall/Winter 2022 Earthkeepers by RÆBURN collection, designed to be fully disassembled and recycled at the end of their useful life
UK: unemployment hits the lowest level in 50 years
Unemployment stood at 3.5% in the three months to August, down by 0.3 percentage points from the previous quarter, falling to the lowest level since 1974, but due to a rise in economic inactivity
Footwear industry: very positive first semester now threatened by clouds of uncertainty
Watch out an interview with our Editor, Joana Vaz Teixeira, and get the latest updates on the footwear industry, with a focus on the main insights from the performance in 2021, going to the current scenario and the future perspectives
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