News
Hoka drives growth for Deckers Brands
The Californian-based group reported that Hoka's net sales rose by 54.9% in the first quarter of fiscal 2023, as compared to the same quarter of last year, reaching 330.0 million US dollars
Tapestry announces retirement of COO Tom Glaser
The New York based fashion house, owner of brands Coach, Kate Spade and Stuart Weitzman, has also announced Scott Roe is to be appointed to the dual role of CFO & COO of Tapestry
Prada reports strong first half
The Italian-based luxury group posted a net sales of increase of 22% in the first semester, as compared to the same period of the prior year, and is on track to meet midterm targets
New Generation: meet Stéfanie Branco from Asa Leather Work
With a background in architecture, she attended the Specialist Technician Course in Footwear Design at CFPIC in 2017 and 2018. She also did several training courses that contributed to the launch of her sustainable leather goods brand Asa Leather Work (ASA)
US families anticipate spending the same or more on shoes for Back-to-School season
According to a national consumer survey, 78% of US families are expecting to spend the same or more on shoes for the Back-to-School season despite recession fears
Amazon announces second quarter results
The Seattle-based online retail giant reported its second consecutive quarterly loss, but revenue was above analysts' expectations
Giovanna Ceolini appointed acting Chair of Assocalzaturifici
Currently serving the Italian Footwear Manufacturers' Association as Vice Chair, Giovanna Ceolini will take on the role of acting Chair of Assocalzaturifici. This will be temporary while procedures for the election of a new Chair are completed
Leather Naturally announces Management Board & Supervisory Council changes
The not-for-profit industry members association, focused on the education and promotion of the benefits of leather, has voted changes to the Management Board and Supervisory Council
VF reports net loss
The US-based company, owner of brands such as Vans and The North Face, posted a net loss of 56 million US dollars in the first quarter of 2023, "amid a softer consumer environment and inflationary pressures"
Hermès sales grow in the first half
The French-based luxury group posted a revenue increase in the first half of 2022, with all geographical areas recording "strong growth". Performance in Greater China bounced back in June
Capri aims at an 8 billion USD revenue goal
The group said at an Investor Day that it plans to increase the footwear and accessories sales of Jimmy Choo, Versace and Michael Kors, while also focusing on store growth
Kering reports strong performance
Despite the global macro uncertainty, the French-based group posted a solid sales growth in the first half of 2022 in each of its Houses. Yves Saint Laurent’s performance reached “new highs”
Elias Gröndal: the European footwear industry will be very strong
Today we spoke with Elias Gröndal, founder and CEO of the online footwear sourcing platform FindSourcing, now Resourced. We discussed some of the main topics impacting the footwear industry at the moment. Watch the video with our conversation
Steve Madden posts revenue growth
The New York-based designer and marketer of footwear, accessories and apparel for women, men and children reported a revenue growth in the second quarter of 2022, confirming its full year outlook
Guanajuato reports a labour shortage
According to the Mexican Secretary of Sustainable Economic Development (SDES), Ramón Alfaro Gómez, the footwear sector is the most affected by the labour shortage
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