News
Turkish footwear exports reached 1 billion US dollars in 2021
The record figure reflects an increase of 22.9%, as compared to 2020. Turkish footwear industry is benefiting from demand for suppliers located close by to Europe
Tapestry announces record quarterly sales
The New York-based luxury group, owner of Coach, Kate Spade and Stuart Weitzman, improved its outlook for fiscal 2022 after reaching 2.14 billion US dollars revenue in the second quarter
UK Retail: the first months of 2022 might be a cold shower for the expectations of retailers
Although the TCF sales index surpassed the 2018 baseline in November, the downwards trend of pessimism experienced among consumers since July last year is raising concerns. In fact, last month, the consumer confidence index dropped to its lowest level in 11 months. Retailers should be wary of consumers fears over surging inflation, rising fuel bills and the prospect of interest rises, while managing supply difficulties brought by the ongoing unwind of the Brexit process
Anna Yona: we all need to be part of the solution
We have spoken to Anna Yona who founded the German company Wildling Shoes alongside her husband, Ran Yona, in 2015, to find out a bit more about its innovative concept of healthy shoe and how one original idea grew into a brand awarded for its design and quality standards
adidas strengthens its commitment to women
The German-based sportswear has launched new women-focused products, alongside enhanced support for established and emerging athletes, as well as new support programmes
Consumer confidence in the UK drops in the second half of 2021
Despite a strong rebound in the first half, consumer confidence fell for the second consecutive quarter in the last three months of 2021, thanks to the rise in living costs and to the impact of the Omicron variant
Bolflex promotes a circular economy
The Portuguese company of footwear components has announced to have recycled 1 200 tons of raw material in 2020, doubling the quantity as compared to the previous year
Puma launches Minecraft collection
The collection contains Minecraft-themed apparel and footwear sized for both children and adults. The Puma x Minecraft collab includes a rendition of the iconic Suede model
Columbia Sportswear posts revenue growth
The US-based sportswear company has reported sales increase of 25% over 2021, reaching 3.13 billion US dollars. Fourth quarter results were driven by strong consumer demand
Deckers with best quarter ever
The Californian-based group has posted revenue of 1.19 billion US dollars in the third quarter of fiscal 2022, amid ongoing supply chain disruptions. UGG and Hoka brands sales drove the result
Foot solutions buys Florida-based retailer Happy Feet
The international retailer of wellness footwear and custom orthotic insoles has announced the acquisition of the retailer Happy Feet. Details of the transaction were not disclosed
Capri on growing mode
The fashion luxury group has posted revenue and earnings above expectations in the third quarter of fiscal 2022, raising once again its full year outlook
Volume of Brazilian exports in 2021 above pre-pandemic levels
In 2021, Brazil shipped 123.6 million pairs of shoes, which reflects an increase in volume of 32% and 7.3%, as compared to 2020 and 2019, respectively. Positive trajectory should continue over 2022
China’s personal luxury market grew by 36% in 2021
Chinese consumers spent around 471 billion yuan (74.3 billion US dollars) on personal luxury goods last year, despite challenges posed by the COVID-19 pandemic
Skechers closes 2021 with record sales
The US-based footwear giant reported record sales of 6.29 billion US dollars in 2021. The company remains confident about reaching 10 billion US dollars revenue by 2026
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