World Footwear

Footwear

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

Prada: 24% drop in revenue and 200% growth in the online business

Mar 16, 2021 / Italy
Total net sales for the twelve months ended on the 31st of December 2020 totaled 2.39 billion euros, down by 23.6% at constant exchange rates (down by 24.9% at current exchange rates) compared with approximately 3.18 billion euros in 2019

New exhibition in London focus on sneakers

Mar 16, 2021 / United Kingdom
The new show will tell the story of sneakers and will open at the Design Museum, in London, on the 30th of April and will last until the 24th of October 2021

H&M sales fall by 21%

Mar 15, 2021 / Sweden
In the first quarter of 2021 H&M group’s net sales decreased by 21% in local currencies compared to similar period in the previous fiscal year. The Sweden-based group’s net sales amounted to 40 060 million Swedish Krona in the period

Macy's: sales down by 29% in fiscal 2020

Mar 15, 2021 / United States
The department store chain announced sales falling to 17.3 billion US dollars in the year ended on the 30th of January 2021. Net loss for the period totaled 3.9 billion US dollars

Online footwear sales reach 21.4% share in Italy

Mar 12, 2021 / Italy
Assocalzaturifici, the Italian Footwear Manufacturers' Association, announced the results for 2020. After bringing the overall analysis yesterday, on production, exports and consumption, today we focus on the behaviours of online sales

Carlos Santos: In his own name

Mar 12, 2021 / Portugal
He began working in the footwear industry, in Portugal, very early. Carlos Santos started his professional career at Zarco, a family company dedicated to making shoes headquartered in São João da Madeira. Meet the man behind one of the most renowned men's footwear brands

Inditex invests 130 million euros in new headquarters for Zara

Mar 12, 2021 / Spain
The Spanish-based fashion group will inaugurate a new building at its headquarters in Arteixo (A Coruña). The new facilities will be home to the Zara.com studios and to Zara Man’s central design office, after a 130 million euros investment
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