News
JD Sports appoints two non-executive directors
The UK-based retailer has announced that Angela Luger and Darren Shapland will become the newest company's non-executive directors, effective as of the 1st of June
Pölking goes bankrupt
The footwear wholesaler has filed for bankruptcy due to the ongoing impact of the COVID-19 pandemic, joining the list of companies caught in a crisis in the German footwear sector
AYSAF kicks off in high spirits
The organization of the 68th edition of the International Exhibition for Footwear Materials, Components, Leather and Technologies AYSAF is expecting to welcome over 15 000 sector professionals from 80 countries
Puma reports solid performance
The German-based sportswear company posted double-digit growth of 14.4% in the first quarter of 2023, year-over-year, with a noteworthy performance of its direct-to-consumer channel
New Generation: meet Tiago Pereira from Algori
With a degree in Management and a post-graduation in Logistics, Tiago Pereira has been working for seven years in the family company Albano Pereira, which recently launched a new sports footwear brand, Algori
Hoka launches first-ever collection for children
The Deckers Brands division has launched its first children's footwear collection. With kid-centric features, the Youth collection was inspired by three of Hoka's most iconic styles
Amazon posts profit in the first quarter
The Seattle-based online retail giant reported a first quarter 2023 net income of 3.2 billion US dollars, as compared to a net loss of 3.8 billion US dollars in the same period last year
Michael Jordan's sneakers sold for a record 2.2 million USD
The pair of sneakers worn by the athlete in the 1998 NBA Finals was sold last month for 2.2 million USD, setting a new world record for the most expensive pair of shoes ever purchased
Crocs raises full year guidance
The US-based footwear company has raised its full year outlook as a result of a 34% revenue growth in the first quarter of 2023, as compared to the same period last year
Bangladesh: leather exports register a small growth
From July to March 2023, Bangladeshi’s total leather exports increased only by 2.56% year-over-year, reflecting a deceleration in the category exports since the start of the year
Tod's pays tribute to craftsmanship
The luxury group collaborated with the British photographer Tim Walker to celebrate its own founding values, namely Italian craftsmanship and know-how
Kering posts mixed first quarter performance
The French-based luxury group posted a 1% year-over-year marginal revenue growth in the first quarter of 2023, with Gucci slightly recovering from a 14% revenue decline in the fourth quarter of 2022
Coach launches sub-brand focused on circularity
Coachtopia, co-created with a growing community of Gen Z members, was built according to circularity principles aiming to push for a transition to a fully circular fashion system
Authentic Brands acquires Vince brand intellectual property
The US-based brand management company has entered into an agreement with Vince Holding Corp to acquire Vince brand intellectual property, expanding this way its luxury portfolio
Reno's Austrian branch also declared bankruptcy
After the shoe retailer Reno filed for bankruptcy in Germany at the end of March, the company's Austrian subsidiary, HR Group GesmbH, decided as well to file for bankruptcy
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