News
Puma names new General Manager in China
The Germany-based sportswear company has named Shirley Li as General Manager in China, as part of its strategy to strengthen its business in China, one of the company's key markets
Pitti Uomo with a positive turnout
The Florence trade show focused on men's fashion proposals closed with positive turnout figures. Out of the 11 900 buyers who attended Pitti, 43% were foreign, with a strong return of Asia
Cindy Crawford wears Alameda Turquesa
Cindy Crawford is the latest name in the list of international public figures to wear Portuguese shoes. The actress and model was recently seen with a pair of sandals from Alameda Turquesa
Under Armour confirms corporate lay-offs
The Baltimore-based sportswear company has cut 50 roles across several units in its corporate workforce, says Footwear News, to help reduce expenses and achieve profitability
Expo Riva Schuh & Gardabags closes with a 9 000 attendance
The last edition of the Italian trade fair attracted 9 000 visitors, up by 12.% from June's 2022 edition. As anticipated, the exhibition saw the return of a large number of Chinese exhibitors
Asos returns to profitability
Despite a third quarter revenue decline, the UK-based online retailer returned to profitability, saying that its turnaround strategy is starting to work. This led Frasers to increase its stake in the company
Brazilian footwear exports fall
In May, Brazilian footwear exports fell by 18.7% in volume and 5.6% in value, year-over-year, due to the devaluation of the dollar, the slowdown of the economy and the rise in Chinese exports
Nike launches Well Collective
The US-based sportswear giant launched the Well Collective commitment to “support wellness journeys for everyone”. This initiative is built on the brand's five pillars of holistic fitness
Kurt Geiger secures funding to boost international growth
The London-based retailer announced that it has secured a new funding deal to refinance its debt and fuel its international growth plans
Willian A. Parrado (ACICAM): it is important to discuss the integration of processes in Latin America
On the occasion of the Latin American Footwear Forum, taking place in Colombia, we spoke with Willian A. Parrado, Executive Vice President of ACICAM, about the challenges and opportunities of the footwear trade in Latin America today
VF Corp appoints Bracken Darrel as President and CEO
The US-based footwear group has appointed Bracken Darrel to the role of President and CEO, effective on the 17th of July. He joins VF from Logitech International, where he held the same position since 2013
Aldo teams up with Brook Brothers
Authentic Brands Group (ABG) and the Canadian-based Aldo Group have entered a partnership to expand Brooks Brothers' assortment of men's footwear and small leather goods
John Lewis to source all leather from high-welfare farms in the UK
The British retailer has announced that 100% of the leather used in its label sofas and chairs will be sourced from the higher welfare farms in the UK that supply Waitrose beef
Positive perspetives for footwear businesses
In this edition of the Business Conditions survey, we asked our panel of experts to share their expectations about the health of the future business in the next semester. Read about the conclusions below
Rockport files for Chapter 11 bankruptcy proceedings
The Massachusetts-based footwear company filed for Chapter 11 bankruptcy in a District Court in Delaware. Meanwhile, its CEO, Gregg Ribatt, has resigned
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