World Footwear

Footwear

Shoe Carnival with record quarterly net sales and net income

Mar 25, 2021 / United States
The Indiana-based retailer of footwear and accessories reported results for the fourth quarter and fiscal year ended on the 30th of January 2021. Shoe Carnival announced record quarterly net sales, net income and diluted net income per share

European Retail: hard times during COVID-19

Premium ContentMar 24, 2021 / European Union
After registering moderate growth in 2019 (+1%), the European clothing and footwear retail sector was heavily penalized by the pandemic in 2020: the cumulative drop in retail sales of the Textile, Clothing and Footwear sectors amounted to 15.0% in the year

Ecco: sales drop by 20%

Mar 24, 2021 / Denmark
In 2020, the Denmark-based footwear company recorded net sales of 1.09 billion euros (compares to 1.36 billion euros in 2019) and profit before tax of 45 million euros

Trading footwear with the UK: are you familiar with the EU-UK deal?

Premium ContentMar 23, 2021 / European Union
Just before Christmas, people and businesses from both sides of the English Channel breathed in relief: a BREXIT deal had been achieved. Almost immediately, many questions arose regarding the new procedures to move goods between the two parties. Are you familiar with the new deal? Learn more today

ASPORTUGUESAS: trying out shoes without leaving home

Mar 22, 2021 / Portugal
Buying shoes online is not news. However, trying them out virtually, using just the phone, looks like something out of a sci-fi movie. And is now possible by the hands of a Portuguese-based brand ASPORTUGUESAS

Revenue up by 3% for Nike

Mar 22, 2021 / United States
The US-based sportswear giant reported fiscal 2021 financial results for its third quarter ended on the 28th of February 2021. Revenue increased by 3% to 10.4 billion US dollars compared to the prior year

Clarks was already in difficulties before COVID-19

Mar 21, 2021 / United Kingdom
The footwear group published its annual report with reference to fiscal year ending on the 1st of February 2020. The results don’t reflect the full impact of the pandemic in the business or the recent change in the ownership

Shoe Carnival announces planned CEO succession

Mar 20, 2021 / United States
Mark Worden will succeed Cliff Sifford as Chief Executive Officer, effective from the 30th of September 2021. Cliff Sifford will continue to serve as Vice Chairman of the Company’s Board of Directors. The Board of Directors decided to increase its quarterly cash dividend by 56%

Manufacturing in Pirmasens is ending for Peter Kaiser

Mar 19, 2021 / Germany
New investors were announced for Peter Kaiser. In addition to the current CEO Stefan Frank, a couple of investors join the business: Hans-Joachim and Gisa Sander (husband and wife), founders of cosmetics company Wella. Pirmasens production line to shut down

Revenue down by 26.5% in 2020 at Stella

Mar 19, 2021 / Hong Kong
The group’s consolidated revenue for the year ended on the 31st of December 2020 declined by 26.5% to 1 135 million US dollars, while shipment volumes for the year declined by 26.9% to 43.4 million pairs

Kering sponsors renovation of the courtyard of the Palazzo Vecchio in Florence

Mar 19, 2021 / Italy
The France-based holding company Kering is sponsoring the renovation of the Michelozzo courtyard of the Palazzo Vecchio in Florence, an important symbol of the Renaissance capital

TOWORKFOR wins e-commerce awards

Mar 18, 2021 / Portugal
The online store TOWORKFOR was considered E-Commerce of the Year in Clothing and Footwear and won two more prizes in the 1st edition of the Portugal E-Commerce Awards

Wolverine exceeds expectations in fourth quarter and aims for strong recovery in 2021

Mar 18, 2021 / United States
The US-based footwear giant has announced fourth-quarter revenue exceeding expectations. Performance in owned eCommerce and two largest brands, Merrell and Saucony, give Wolverine prospects of a strong recovery in 2021

Clarks: majority stake acquisition completed and new CEO named

Mar 17, 2021 / Hong Kong
The Hong Kong-based private equity firm LionRock Capital has completed its investment in Clarks. The deal, announced back in November, amounts to 100 million British pounds

Hong Kong: APLF Fairs reschedule to November 2021

Mar 17, 2021 / Hong Kong
The Organisers of APLF announced today that the APLF-Leather, Materials+ and Fashion Access will be rescheduled from the 5th-7th July 2021 to the 17th-19th of November 2021. The events will take place, as usual, in Hong Kong
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