News
VF reports a revenue decline
The US-based company posted a decrease in revenue and profits in the last quarter of fiscal 2023, but stressed that it has already improved its performance in terms of supply challenges
Scottish businesses experience a 10% decline in rate bills
The country’s shops are seeing a drop of almost 10% in business rate bills of nearly 10%, following a reassessment made by the Scottish Government last month
Authentic Brands Group eyeing Hunter Boots
New York-based ABG, the owner of Reebok and Ted Baker, is one of the possible bidders for Hunter Boots, the Wellington boots specialists
JD Sports delivers solid performance
According to the group's latest update on fiscal 2023, the UK-based retailer saw its revenue and profit before tax and adjusting items grow year-over-year despite supply chain challenges
German footwear manufacturer EOD declares insolvency
The company, known for the Groundies shoe brand, has filed for insolvency proceedings with the Freiburg District Court with the aim of restructuring itself to get back “on solid ground”
GianPaola Pedretti, Exhibition Manager of Expo Riva Schuh & Gardabags: we are confident it will return to its peak levels by next year
With the footwear and accessories goods market on the upswing, expectations are high for the next edition of the Expo Riva Schuh & Gardabags. We spoke to GianPaola Pedretti, Exhibition Manager, to get an overview of what to find from the 17th to the 20th of June in Garda
Portuguese footwear goes to school to prepare the generation of the future
The Portuguese Footwear, Components, Leather Goods Manufacturers' Association (APICCAPS) will carry out a three-years initiative in schools to attract a new generation of talent to the sector
Farfetch announces first quarter results
The UK-based luxury online retailer posted an 8.1% revenue growth in the first quarter of 2023, as compared to the same period of last year, but a profit loss of 174.3 million US dollars
Hands-free shoe brand Kizik opens its first store
The Utah-based manufacturer of hands-free footwear opens today its first-ever brick-and-mortar store near Salt Lake City at Fashion Place Mall, one of the state's premier shopping centres
Vulcabras posts a 54.8% increase in net profit
The Brazilian-based company of sports footwear reported “strong growth” in the first three months of the year, despite an “unstable macroeconomic scenario and a challenging retail environment”
Rocky Brands records a sharp decline in net sales
The Ohio-based footwear manufacturer reported a 33.9% decline in net sales in the first quarter of 2023 from the same period a year earlier due to excess inventory at many of its customers
Shein launches EMEA headquarters in Dublin
The Chinese-based fast fashion retailer has launched its Europe, Middle East and Africa (EMEA) headquarters in Dublin City Centre, Ireland, where it plans to fill 30 roles by the end of 2023
Wolverine Worldwide reiterates full year outlook
The US-based company posted a first quarter revenue decline in 2023 of 2.5% year-over-year, but delivered earnings slightly above its expectations, thus reiterating its yearly guidance
Puma appoints new Managing Director for the Indian business
The German-based sportswear company appointed Karthik Balagopalan to the role of Managing Director of Puma India, one of its fastest-growing markets, effective on the 1st of August
Asics net sales grow by 45%
The Japan-based sportswear company posted a net sales growth of 44.6% in the first quarter of 2023, as compared to the same period of last year, driven by the rebound of the Asia region
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