World Footwear

Footwear

Crocs reports record revenue and raises 2021 guidance

Apr 29, 2021 / United States
Revenue of the company famous for its clogs in the first three months of the fiscal year totalled 460.1 million US dollars, an increase of 63.6% from similar period last year. The company took the opportunity to raise its guidance for the full year

Pitti Immagine Uomo: organizers consider holding physical fair in July

Apr 29, 2021 / Italy
According to what is being reported by fashionnetwork.com, the second all-digital edition of the famous menswear fair reported a substantial increase in online traffic. As a result, organizers are considering holding a physical edition in July

Felipe Oliveira Baptista is leaving Kenzo

Apr 28, 2021 / France
The Artistic Director of the French luxury fashion house Kenzo will step down from the role on the 30th of June 2021, after two years at the service of the LVMH's brand

Skechers announces record first quarter

Apr 28, 2021 / United States
The US-based footwear brand posted net profit of 98.6 million US dollars in the first quarter of 2021, an increase of 100.8% compared to the 49.1 million dollars in similar period in the previous year. Record sales registered in the first quarter contributed to this result

Italian and Spanish footwear risk additional taxes in the US market

Premium ContentApr 27, 2021 / Italy
The Digital Services Taxes (DST) and the reaction of the US with the threat to implement tariffs to products coming from 6 US trading partners are the hot topic at the moment in the footwear industry. Today we look into what that means for Italy and Spain

How are Italy and Spain reacting to the threat?

Premium ContentApr 27, 2021 / Spain
The announcement made by the United States Trade Representative (USTR) on the 26th March regarding the next steps in its Section 301 investigations of Digital Service Taxes (DSTs) adopted or under consideration by several US trading partners made the alarm sound for Spain and Italy

Matt Priest: we are 100% against the duties

Premium ContentApr 26, 2021 / United States
We spoke with the President & CEO of the Footwear Distributors & Retailers of America to go over the topic of the moment: the US threat of duties on footwear imported from Spain, Italy and the UK

Footwear consumption in the US not keeping pace with the rest of the world

Premium ContentApr 23, 2021 / Business Conditions Survey
In the fourth edition of our Business Conditions survey, we questioned our panel members about their perspectives regarding the evolution of the consumption share of the US in the global market. Found out about their conclusions

Report from the latest Gallery SHOES & Fashion Industrial Showroom

Apr 23, 2021 / Germany
Düsseldorf received the footwear industry for a new edition of Gallery SHOES & Fashion Industrial Showroom, which took place from the 18th to the 20th of April

Retail in Europe takes a big hit in 2020

Premium ContentApr 22, 2021 / Europe
In a year marked by a global pandemic, words like lockdowns, quarantines, waves of COVID-19, closed retail and restrictions became way too familiar to all of us. Retail was one of the industries with major impacts. Today we look at the numbers for European countries

Brazilian-based Beira Rio to set up factory in Argentina

Apr 22, 2021 / Argentina
One of the largest footwear manufacturers in Brazil, Calçados Beira Rio, S.A., plans to install a footwear factory in Argentina. The aim is to produce three million pairs per year

Dependence on FDI of Vietnam exports raises worries

Apr 21, 2021 / Vietnam
In the first quarter of the year, the country reached an estimated export turnover of 77.34 billion US dollars, an increase of 22% from the first quarter of 2020. The FDI sector accounted for 76.3%

Fila chooses Portugal for first own store in Europe

Apr 21, 2021 / Italy
As the country reopened all stores and shopping centers, Fila opened in Portugal its first own name store in Europe. The store is located at Freeport Lisboa Fashion Outlet, in Alcochete (Lisbon)

JD Sports Fashion with robust results

Apr 21, 2021 / United Kingdom
The UK-based retail group reported a set of good results for the fiscal year ended on the 30th of January 2021, despite the impact of the pandemic and Brexit

How COVID-19 is impacting the footwear industry in Agra

Apr 20, 2021 / India
The local footwear industry had hoped that the pandemic would lose momentum and the expectation was for some recovery in 2021. However, a new pandemic wave is bringing added uncertainty back to the equation
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