News
Yue Yuen turns around
The company posted revenue growth of 1% to 8.53 billion US dollars over the full year 2021, as compared to the previous year, amidst a challenging operating environment
Lenzing: a circular economy requires more innovation and collaboration
We spoke with Florian Heubrandner, Vice President Global Textiles Business at Lenzing AG, and Birgit Schnetzlinger, Head of Functional Wear Segment, to better understand how sustainability helped the company become a global technology leader in fibres’ production and discuss a more sustainable future for the industry
adidas adopts traceability solution for material compliance
The company is among the first ones to adopt the Stockholm-based company TrusTrace Certified Material compliance solution, which enables near real-time traceability at the material level
Kevin Bailey appointed Global Brand President of Vans
VF Corporation has announced the return of the veteran executive to the brand, after holding several leadership roles at VF. He will replace Doug Palladini, who has occupied this position since 2006
Turkish footwear industry set on diversifying markets
Despite the threats posed by Russia’s war on Ukraine, Turkish footwear manufacturers remain optimistic about the future and look at Aymod as an opportunity for diversifying markets
Designer Brands posts full year 2021 results
The North-American designer, producer and retailer of footwear and accessories has reported fourth quarter record sales of 822.6 million USD and full year revenue of 3.2 billion USD
Hermès to open two new leather goods workshops by 2026
The two workshops, which will employ 500 people, will allow the French luxury house to increase its production capacity while remaining committed to its artisanal culture
APLF to discuss the post-pandemic future of the footwear industry
The second edition of the Global Footwear Executive Summit, to be held on the 31st of March, will bring together top players of the industry to explore digitalization, pricing and sustainability strategies
Omicron outbreak in China raises fears of more supply chain disruptions
Chinese authorities are imposing new COVID-19 restrictions to fight the surge of Omicron-variant infections, which is raising concerns over further disruptions to the global supply chain
lululemon enters the footwear category
The performance apparel company will release four running shoe models specially designed for women first throughout 2022
Portuguese footwear honours the national culture
The latest campaign promoted by APICCAPS pays homage to the works and main artists of the Portuguese scene, reinforcing the premise that the footwear industry is an ally of art
Germany retail: COVID-19 still looms on retail performance
As of December 2021, the German TCF retail index is far from providing a crystal-clear reading. A sudden improvement in the last month of the year contrasts with mixed feelings on confidence and insights from various sources. The decline in footwear prices during that month, despite the unexpected inflation surge by 5.3%, adds up as another contradictory sign. While the picture is not quite transparent yet, it is safe to presume that the online shopping category is leaning towards pandemic-neutral growth
Inditex posts sales above pre-pandemic levels
The group reported revenue of 27.72 billion euros in 2021, despite COVID-19's impact in the first and fourth quarters. Online channel continues to gain track, representing 25.5% of total sales
MICAM closes with nearly 30 thousand visitors
Under the #BetterTogether hashtag, the four trade fairs dedicated to fashion and accessories showcased products of over 1 400 brands, confirming the events as a singular opportunity for networking
Shoe Carnival announces best year ever
The US-based footwear retailer has reported that net sales totalled 1.33 billion US dollars, the highest annual figure in the company’s record
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