World Footwear

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Brazilian footwear exports continue to grow

Sep 8, 2022 / Brazil
In the first seven months of 2022, Brazilian footwear exports grew by 64.8% and 31.8% in value and volume, respectively, year-over-year. In addition to the US, Latin-America markets have been decisive in this outcome

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Farfetch posts GMV and revenue growth

Sep 7, 2022 / United Kingdom
Following the acquisition of a 47.5% stake in YOOX Net-A-Porter (YNAP), part of Richemont's group, the luxury online retailer announced results for the second quarter of fiscal 2022

adidas CEO to unexpectedly step down in 2023

Sep 7, 2022 / Germany
The German-based sportswear giant announced that CEO Kasper Rorsted will step down next year, before his contract is due to run out, and that it is already searching for a successor

Burberry obtains SBTi approval for net-zero emissions target

Sep 6, 2022 / United Kingdom
The UK-based group, which is set on reaching net-zero emissions by 2040 by reducing them across operations and the supply chain, is the first luxury company to receive this approval

Chinese leather industry grows in the first half

Sep 6, 2022 / China
Data from China's Ministry of Industry and Information Technology indicates a steady growth in the leather industry in the first half of 2022

Caleres reports strong performance

Sep 6, 2022 / United States
The US-based footwear group posted record consolidated net sales and earnings in the second quarter of fiscal 2022, raising its sales outlook for the full year

Is your company producing green goods in an eco-friendly way?

Sep 6, 2022 / CEC
The LIFE GreenShoes4All project partners are promoting a survey to assess the current situation regarding these topics in order to define future strategies to be implemented in companies

Tapestry posts record yearly revenue

Sep 5, 2022 / United States
Despite reporting a weak fourth quarter, the owner of Coach, Kate Spade and Stuart Weitzman posted a record revenue of 6.7 billion US dollars over fiscal 2022, exceeding pre-pandemic levels

Ferragamo partners up with Farfetch to reach younger generations

Sep 5, 2022 / Italy
The Italian luxury group is partnering up with the online luxury retailer to boost its digital innovations capabilities and "engage in conversation" with Millennial and Gen Z shoppers

8000kicks launches waterproof hemp backpack

Sep 5, 2022 / Portugal
The Portuguese brand known for its waterproof hemp shoes has now introduced the Everyday hemp backpack, raising almost half a million euros in funding on the Kickstarter platform

Tod's founding family launches bid to delist the company

Sep 2, 2022 / Italy
The Della Valle family said their holding company would pay 40 euros per share to delist the company from the Milan-based stock exchange. The goal is to strengthen the underperforming luxury group

Designer Brands announces second quarter results

Sep 2, 2022 / United States
The North-American company posted a solid performance this quarter, raising its full year guidance. It also said to remain optimistic about the goal of doubling owned brands' sales by 2026

British Footwear Association names Jane Wilson to the role of Chair

Sep 2, 2022 / United Kingdom
Footwear veteran Jane Wilson has been appointed Chairman of the British Footwear Association (BFA), replacing Robert Perkins, who held the role for more than four years

Shoe Carnival reports a sales decline

Sep 1, 2022 / United States
The US-based retailer of footwear and accessories posted net sales of 312.2 million US dollars in the second quarter of 2022, which reflects a drop of 6% as compared to the same period of 2021
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