World Footwear

Footwear

Yue Yuen’s sales down by 16% in 2020

Mar 28, 2021 / Hong Kong
During the year under review, the group recorded revenue of 8.44 billion US dollars, representing a decrease of 16.4% compared with the previous year. The fall in revenue was mostly attributed to the impact of the COVID-19 pandemic

Portuguese footwear conquers Bollywood

Mar 26, 2021 / Portugal
The desire to conquer new markets is nothing new for the Portuguese footwear industry. But some of its more recent conquests are particularly curious

Caleres: revenue down by 27.5% in 2020

Mar 26, 2021 / United States
The US-based footwear group has announced fourth quarter and full year 2020 results. Revenue was down by 18.3% in the last quarter, and by 27.5% for the total of 2020

Amazon becomes top apparel retailer in US

Mar 26, 2021 / United States
According to research conducted by American-based bank Wells Fargo, Amazon has surpassed Walmart as the country's top apparel retailer

Bangladesh leather industry on track with target, but performance differs by category

Mar 25, 2021 / Bangladesh
The Bangladesh's leather industry has a target set for the current financial year of 920.00 million US dollars, and in the first eight months, the industry has met the target set for the period (602.06 million US dollars)

Shoe Carnival with record quarterly net sales and net income

Mar 25, 2021 / United States
The Indiana-based retailer of footwear and accessories reported results for the fourth quarter and fiscal year ended on the 30th of January 2021. Shoe Carnival announced record quarterly net sales, net income and diluted net income per share

European Retail: hard times during COVID-19

Premium ContentMar 24, 2021 / European Union
After registering moderate growth in 2019 (+1%), the European clothing and footwear retail sector was heavily penalized by the pandemic in 2020: the cumulative drop in retail sales of the Textile, Clothing and Footwear sectors amounted to 15.0% in the year

Ecco: sales drop by 20%

Mar 24, 2021 / Denmark
In 2020, the Denmark-based footwear company recorded net sales of 1.09 billion euros (compares to 1.36 billion euros in 2019) and profit before tax of 45 million euros

Trading footwear with the UK: are you familiar with the EU-UK deal?

Premium ContentMar 23, 2021 / European Union
Just before Christmas, people and businesses from both sides of the English Channel breathed in relief: a BREXIT deal had been achieved. Almost immediately, many questions arose regarding the new procedures to move goods between the two parties. Are you familiar with the new deal? Learn more today

ASPORTUGUESAS: trying out shoes without leaving home

Mar 22, 2021 / Portugal
Buying shoes online is not news. However, trying them out virtually, using just the phone, looks like something out of a sci-fi movie. And is now possible by the hands of a Portuguese-based brand ASPORTUGUESAS

Revenue up by 3% for Nike

Mar 22, 2021 / United States
The US-based sportswear giant reported fiscal 2021 financial results for its third quarter ended on the 28th of February 2021. Revenue increased by 3% to 10.4 billion US dollars compared to the prior year

Clarks was already in difficulties before COVID-19

Mar 21, 2021 / United Kingdom
The footwear group published its annual report with reference to fiscal year ending on the 1st of February 2020. The results don’t reflect the full impact of the pandemic in the business or the recent change in the ownership

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
Page 146 of 285