World Footwear

News

Tonal partners with Nordstrom to expand retail footprint

Mar 1, 2021 / United States
The home gym and personal trainer company announced that it partnered with Nordstrom to bring its intelligent strength training system to new customers across the country. With the partnership Tonal's retail footprint will increase to 40 stores across the US

Foot Locker: sales down by 5.7% in 2020

Feb 26, 2021 / United States
The sportswear giant has announced declining sales in 2020. Which did not come as a surprise given the COVID-19 scenario. The company’s Board of Directors approved a 33% boost in its quarterly dividend to 20 cents per share

US consumption recovers as spending lifts by 2.4%

Feb 26, 2021 / United States
The recovery in consumers’ spending registered in January 2021 follows months of cost-cutting in the US. This 2.4% growth was the sharpest in seven months and is taken as a sign that the economy may be placed to nurture a recovery

AAFA calls on President Biden to prevent price increases on PPE

Feb 25, 2021 / United States
The American Apparel & Footwear Association (AAFA) sent a letter President Biden requesting the extension of tariff exemptions on imports of personal protective equipment (PPE) from China, such as face masks, that will expire on the 31st of March

CEO Giorgio Presca exits Clarks

Feb 25, 2021 / United Kingdom
According to several reports on the news, the CEO of Clarks has reportedly left the business. Other members of the company’s executive team are allegedly leaving as well

Steve Madden: revenue down by 32.8%

Feb 25, 2021 / United States
The US-based footwear brand has reported its results for the fourth quarter and year ended on the 31st of December 2020. Steve Madden's revenue was down by 32.8% in 2020

Crocs: record revenue in 2020

Feb 24, 2021 / United States
The brand known for its clogs just posted the highest quarterly revenue in its history. Record 2020 revenue of 1.4 billion US dollars increased 12.6% over last year. Digital sales grew 50.2% in 2020 to represent 41.5% of revenue

VF named one of the world’s most ethical companies

Feb 24, 2021 / United States
The recognition by Ethisphere honours those companies that outstand in leading, making values-based decisions and overall commitment to integrity. This was the fifth consecutive year VF Corporation got the nomination

Peter Foot is leaving Shoe Zone

Feb 23, 2021 / United Kingdom
Shoe Zone announced that Peter Foot, its Finance Director, has left the business with immediate effect

Asian recovery helps Hermès to limit impact of the crisis in 2020

Feb 23, 2021 / France
The luxury group Hermès will withstand the health crisis in 2020 thanks to the strong recovery in Asia during the second semester, which compensates weak results in other regions, especially in Europe

Micam in extended online version

Feb 23, 2021 / Italy
After having cancelled the physical edition, the Italian footwear trade show is having a digital version, running for three months. From the 8th of March to the 8th of May, the Micam Milano Digital Show will welcome exhibitors and visitors in a digital format

21st UITIC International Footwear Congress postponed to 2022

Feb 22, 2021 / UITIC
Initially planned to take place in 2021, the UITIC Congress has been postponed to 2022. The decision was made by the Executive Committee Members of the UITIC in agreement with the host organisation CLIA - China Leather Industry Association

Zouri: footwear with apple peels in children's version

Feb 22, 2021 / Portugal
The Portuguese-based brand launched a new collection of footwear for children. This time Zouri is using apple peels as a material to make shoes

Deckers with first billion-dollar revenue quarter

Feb 22, 2021 / United States
Strong direct to consumer and ecommerce performance have pushed Deckers to a record quarter with its first time billion-dollar quarter revenue

Tod's closes the year with sales down by 30.4%

Feb 19, 2021 / Italy
In fiscal year 2020, Tod's consolidated sales totaled 637.2 million euros, down by 30.4% from 2019. In the fourth quarter of 2020, sales amounted to 184.5 million euros, down by 22.6%. China is already growing in double digits
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