News
Global personal luxury goods market to reach 360 to 380 billion euros by 2025
Despite the challenges and disruptions that happened at the start of 2022, the global luxury market will reach 360 to 380 billion euros by 2025, following the rebound experienced in 2021
AMF shares innovative solutions with the industry
The safety footwear Portuguese company held a demonstration action to introduce solutions which have, or will have, an impact on the future of the footwear industry and our planet as well
Zèta: we are always on the lookout for new waste to recycle
We spoke with Laure Babin, the CEO of the zero-waste sneakers brand Zèta. Made exclusively from recycled, vegan and recyclable materials, the shoes are designed in Bordeaux, manufactured in Portugal and sold only across Europe to reduce the carbon footprint
Recovery of the Italian footwear industry is at stake
Footwear exports and household spending increased in the first quarter of 2022, but a slowdown is already expected from the start of the second quarter. War in Ukraine, rising energy costs and raw materials prices are clouding the horizon
DSW tests new format store ahead of back-to-school season
The footwear chain, owned by Designer Brands, has been testing since May in its Hedwig Village store in Houston a new store format to better engage with the youngest consumers
Wolverine Worldwide sells Champion footwear licence to HanesBrands
The company announced that its wholly-owned subsidiary Keds sold the Champion trademarks for footwear in the US and Canada to its licensee HannesBrands for 90 million USD in cash
Port bottlenecks in the US are spreading into freight rail networks
The bottlenecks that have constrained the country’s supply chains are now extending from the docks to the freight rail networks, raising costs and difficulties for importers
Saye forecasts growth for 2022
The brand of sustainable footwear, which posted sales of 5 million euros in 2021, expects to reach revenue of more than 8 million euros this year, on the back of the launch of four new models
Brazil: footwear exports on the rise
In the first five months of the year, Brazilian footwear exports increased in both volume and value. The footwear industry is benefiting from US demand for suppliers outside Asia
Quantity of footwear sold expected to increase
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the expectations of our panel of international footwear experts
Xicatas: the shoe that matches the summer
Portuguese-based brand Nobrand launched its very own line of espadrilles for Summer in various colours, patterns and fabrics, naming them Xicatas
Ferragamo opens NFT booth in Soho's concept store
The space, conceived as a new retail experience and creative hub, includes a hologram sneaker customization tool and an immersive NFT boot that allows customers to create their digital artwork
Germany Retail: war and inflation raise concerns for retail
Despite the lifting of COVID-19 restrictions in February, the declining trend of the TCF (Textile, Clothing, and Footwear) Retail Sales Index is clear and is aligned with the plunge in consumer confidence. The war in Ukraine and the high inflation are playing a major role in the severe blow inflicted on both consumers’ and retailers’ confidence. Meanwhile, footwear consumer prices have slightly increased in March, and it is foreseeable that companies continue passing on higher costs to consumers in the near future
H&M with sales growth
The Sweden-based fashion group reported sales growth of 17% in the second quarter of fiscal 2022, highlighting the return of customers to physical stores
Founder of Rockport & Samuel Hubbard Shoe dies
Bruce R. Katz, the founder of both the Rockport Shoe and Samuel Hubbard companies, passed away on the 26th of June, at 75, after suffering injuries from a fall at his home in California
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