World Footwear

Footwear

Third quarter update from 361 Degrees

Oct 18, 2024 / China
The Chinese-based activewear company has released a third quarter operational update for the third quarter of the year, reporting consistent growth during the period

FDRA launches new tool to enhance supply chain mapping for footwear brands

Oct 16, 2024 / United States
FDRA launches new tool to help footwear brands map their entire supply chain, from raw materials to final assembly, ensuring compliance with new regulations on sustainability and forced labour

Sandra Harris joins Genesco as new Chief Financial Officer

Oct 16, 2024 / United States
The US-based footwear company has appointed Sandra Harris as Chief Financial Officer. Harris succeeds Thomas George, the current Principal Accounting Officer, who plans to retire in December 2024

Germany Retail: dark clouds are hanging again over the footwear sector

Premium ContentOct 15, 2024 / Germany
The positive signs on the horizon for the footwear retail sector reported in the previous Flash were short-lived. Sales in the first half of the year were not what retailers had hoped for, and the continued stabilisation of shoe prices shows no signs of turning the situation around. Against a negative macroeconomic backdrop, consumer confidence has been downward, and retailers face many challenges, including business closures and labour market instability. Footwear imports have started to fall, pointing to a possible crisis in the sector

Kayak Storm and its focus on sustainability

Oct 14, 2024 / Portugal
Portuguese footwear manufacturer Kayak Storm has achieved GRS (Global Recycled Standard) certification for some of its products. Let’s find out more about a company that has made sustainability a cornerstone of its business

Kurt Geiger set for potential sale

Oct 14, 2024 / United Kingdom
With a potential 400 million British pounds price tag, the luxury footwear brand Kurt Geiger is in early talks with Alteri Investors and other bidders after posting record profits despite a challenging luxury market

Abicalçados launches campaign against growing footwear piracy in Brazil

Oct 11, 2024 / Brazil
Abicalçados' anti-piracy campaign aims to gather information to combat physical distribution networks and emphasise the dangers that counterfeit footwear poses to society as a whole

International sales soar at SportsShoes.com

Oct 10, 2024 / United States
The UK-based footwear and outdoor gear e-commerce retailer has reported a 22% increase in international sales in the first half of its fiscal year, as compared to the same period of last year

Shoes Düsseldorf 2025 announces new early dates

Oct 10, 2024 / Germany
Now taking place from the 2nd to the 4th of February, Shoes Düsseldorf will open the 2025 order cycle, offering to its stakeholders earlier trend discussions and better coordination with other trade fairs

Bolflex receives patent for its vulcanization process

Oct 8, 2024 / Portugal
After years of study, research and testing, Bolflex, the Portuguese-based company specialising in the manufacture of soles, has successfully patented its vulcanization process

Axel Arigato opens New York flagship store, marking its US debut

Oct 8, 2024 / Sweden
Celebrating its 10th anniversary, the Swedish footwear brand Axel Arigato opened its first US store in New York, bringing Scandinavian minimalism and signature designs to the SoHo neighbourhood

Spain Retail: the future looks brighter for retail

Premium ContentOct 7, 2024 / Spain
Fashion sales finally picked up in July and August and are back in the green, after a worrying March. The truth is that the prospect of better economic growth and recent falls in inflation and unemployment have reassured Spanish consumers and given them a sense that the future may be brighter. All in all, this has led retailers to stock up in the hope that sales will continue to rise in the coming months. If these factors remain in place, the footwear sector is likely to end the year on a positive note

JD Sports posts first half sales growth

Oct 4, 2024 / United Kingdom
The UK-based sports retailer has reported an organic sales growth of 6.4% in the first half of fiscal 2025, as compared to the same period of last year. Full year outlook remains unchanged

A record-breaking 50th edition for SIMAC Tanning Tech

Oct 4, 2024 / Italy
SIMAC Tanning Tech, the Italian exhibition of machinery and technology for the footwear, leather goods and tanning industries, attracted more than 9,000 visitors at its 50th edition

Nike reports weak first quarter ahead of CEO change

Oct 3, 2024 / United States
The US-based sportswear giant has reported a sharp fall in revenue and profits in the first quarter of its current fiscal year, ahead of the forthcoming CEO change
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