News
Burberry committed to being the best place to work for women
While committing to becoming the best place to work for women, the luxury group announced its support to the National Literacy Trust and The Prince’s Trust women supporting initiatives
adidas names Chief Creative Officer
The sportswear company has announced the appointment of Alasdhair Willis to the position of Chief Creative Officer, effective April
Geox closes 2021 with strong performance
The Italian brand posted revenue growth of 13.8% over 2020, reaching 608.9 million euros in 2021, driven by the performance of the wholesale channel and the gradual reopening of stores
Reve de Flo produces women’s shoes until size 46
The Portuguese-based footwear company, focused on the women’s segment, has surprised once more. It now produces large shoe sizes by consumer demand
Fashion brands halt sales in Russia
Pressure has been mounting on the Fashion industry to cut off commercial trading with Russia in the aftermath of Russia’s invasion of Ukraine on the 24th of February
Matt Priest: the US footwear industry is resilient and agile
We have spoken to Matt Priest, who is the President & CEO of the Footwear Distributor & Retailers of America, to discuss in detail the achievement of the 100.7 billion US dollars record on consumer demand for shoes in 2021. We have also ventured into the future, going over the main concerns for the US footwear industry, such as rising inflation (7.5% in January), additional duties on Chinese consumers goods, but also the opportunities on the horizon
Wolverine Worldwide posts strong full year 2021
The Michigan-based giant has reported that revenue and earnings in the fourth quarter and full year 2021 have exceeded expectations despite ongoing supply chain disruptions
Polish footwear industry fears the impact of the war
The impact of the war between Russia and Ukraine on the industry might be substantial. Both countries represent important markets for Polish shoes
Nike accelerates its DTC strategy
Foot Locker is expecting its amount of Nike products to decline thanks to its accelerated strategic shift to DTC, but also due to the retailer’s own diversification efforts
Over 13 000 buyers visited Lineapelle
The last edition of Lineapelle, held in Milan from the 22nd to the 24th of February, welcomed more than 960 exhibitors from 31 countries, who were visited by more than 13 000 buyers
Rouble tumbles following Russia’s invasion of Ukraine
On Tuesday, the rouble pared some of the previous day’s heavy losses, as it plunged around 29% against the dollar on Monday morning, an all-time low, under pressure on foreign markets from Western sanctions
Italian footwear industry concerned over conflict in Ukraine
The Italian Footwear Manufacturers' Association has shown concern over the impact of the conflict on the footwear trade. Russia and Ukraine are important markets for the Italian footwear
Foot Locker posts strong full year 2021
The retailer announced the results for the fourth quarter and full year 2021. Net income for fiscal 2021 totalled 893 million US dollars, as compared with 323 million US dollars in 2020
Farfetch announces first year of adjusted EBITDA profitability
The luxury e-commerce platform has reported a record Gross Merchandise Value of 4.2 billion US dollars in 2021. Adjusted Ebitda margin rose to a positive 0.1%
ABG completes the acquisition of Reebok
Authentic Brands Group has announced that it has finalized the acquisition of Reebok from adidas, its largest acquisition to date
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