World Footwear

Companies

Tapestry reports full year results

Aug 13, 2020 / United States
The New-York based luxury group has reported fourth quarter results marked by a 52.79% decline in revenue. Declining revenues have impacted the three brands of the Tapestry's portfolio

Sales of shoe stores in the US down by 56%

Aug 12, 2020 / United States
According to data from the USA Census Bureau and the analysis of the WorldFootwear.com, growth of sales of the shoe stores in the US has been on the red since the beginning of year

Deckers posts increase in net sales

Aug 11, 2020 / United States
The California based company announced first quarter results for the period ended on the 30th of June 2020. Skechers announced its net sales increased by 2.3% in the period

Prada: sales impacted by the lockdowns

Aug 10, 2020 / Italy
With falling sales across all geographies and after 40% of stores being closed globally from February to May 2020, Patrizio Bertelli, Prada Group CEO said he is confident in growth for the second half of the year

Changes at adidas Supervisory Board

Aug 10, 2020 / Germany
Thomas Rabe is the new Chairman of the Supervisory Board – Igor Landau’s term of office ends after 16 years – and Christian Klein was newly elected to the Supervisory Board

Famous Footwear in partnership with Ticket to Dream Foundation

Aug 10, 2020 / United States
Famous Footwear, a nationwide chain of retail stores in the United States dealing in branded footwear, is a division of the St. Louis-based Caleres and maintains more than 1 125 storefronts. Ticket to Dream is now its official national charity partner

Wolverine with better-than-expected revenue

Aug 7, 2020 / United States
The Michigan-based footwear company has reported revenue down by 38.6% in the second quarter. Despite the negative impact of the COVID-19 pandemic, Wolverine says these results were much stronger than expected

Kasper Rorsted confirmed as CEO of adidas for more 5 years

Aug 6, 2020 / Germany
The Supervisory Board of adidas AG has extended the appointment of Chief Executive Officer Kasper Rorsted by another five years until the 31st of July 2026. Kasper Rorsted has been a member of the adidas Executive Board and the company's CEO since 2016

Inspiramais turns into a digital event

Aug 6, 2020 / Brazil
As previously informed, Inspiramais Digital will be a 100% virtual event, with no visitor limit and with a particular focus on fashion

Chanel buys Conceria Gaiera

Aug 5, 2020 / Italy
This new deal will contribute to increasing Chanel’s control on the supply chain of leather. The French luxury brand had already made similar deals in the past

DW Sports chain goes into administration

Aug 5, 2020 / United Kingdom
The UK-based chain of gyms and sports retail has confirmed it will enter administration. At risk are 1 700 jobs. Company BDO has been nominated Administrator

Footwear production with new record of 24.3 billion pairs

Aug 4, 2020 / World Footwear Yearbook
Just before the outbreak of COVID-19, the footwear industry has set a new production record. In 2019, worldwide, 24.3 billion pairs of shoes have been produced. Data is taken from the World Footwear 2020 Yearbook just released by APICCAPS

Asia accounts for more than half of global consumption

Aug 3, 2020 / World Footwear Yearbook
Asia’s consumption accounts for more than half of the grand total. Over the last decade Asia’s demographic and economic dynamism has been responsible for a rise of 9 percentage points in its share of world consumption

2020 Yearbook: The footwear industry was already in slowdown before the COVID-19 pandemic

Jul 31, 2020 / World Footwear Yearbook
2019 saw a worldwide slowdown in the footwear industry. That slowdown will certainly continue throughout 2020, given the reality of COVID-19. In 2019 footwear production and exports grew by 0.6% and 0.1%, respectively. Data are taken from the World Footwear 2020 Yearbook just released by APICCAPS, the Portuguese Footwear Association

Hermès: revenue dives by 41% in the second quarter

Jul 31, 2020 / France
At the end of June, revenue for the semester was down by 24% at current exchange rates. In the second quarter revenue was down by 41%, as Hermès took the hit of the COVID-19 pandemic
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