Companies
High heel sales fall as women shift to comfort
Women are shifting their demand to more comfortable sneakers, as last year’s 37% increase in US women’s leisure sneaker sales suggests. Meanwhile, high heel sales are going down
Argentina: industry concerned with thousands of jobs at risk
Associations representing the businessmen and workers of the textile and footwear industries are claiming the national government attention to the current crisis moment of the industries they represent
Deckers appoints new CFO
The US-based company focusing on designing, marketing and distributing footwear, apparel and accessories, announced the appointment of Steve Fasching to the position of Chief Financial Officer effective from the 16th of July onwards
Manolo Blahnik new focus on men’s shoes
The Spanish fashion designer and founder of the eponymous high-end shoe brand launched his first men’s shoe collection in the 1970s. He is opening his first men’s boutique in London’s Burlington Arcade and aims to make men’s shoes 20% of the business
Industry reacts to President Trump’s tariff comments
The FDRA - Footwear Distributors and Retailers of America has issued a statement in the name of the US-footwear industry in response to President Trump’s latest tariff comments
Kate Spade supporting suicide prevention and mental health
The Kate Spade New York Foundation will donate 1 million US dollars to suicide prevention and mental health awareness causes. This announcement follows the death of the company co-founder, at the beginning of the month
Albania’s exports double digit growth
The country's exports enjoyed double-digit growth in the first five months of this year despite the euro's depreciation (against Albania’s national currency), which negatively impacted the country’s exports, two-thirds of which are destined for Eurozone countries
FDRA responds to President Trumps claims
The Footwear Distributors and Retailers of America (FDRA) responds to President Trumps claims that Canadians are “smuggling” shoes into Canada from the US to avoid tariffs
Gucci unveils artlab for leather goods and footwear
Gucci has officially unveiled the Gucci ArtLab, a 37 000-square-meter hub for excellence and innovation. This “laboratory of creativity” is located in Scandicci, near Florence and the historical HQ of the brand in Casellina
Sónia Patrício, fashion leader
The brand was born within company António de Almeida Lda., originally founded in the seventies in the north of Portugal
Nike refuses to supply Iran for World Cup
Nike won’t be providing cleats for Iran’s national team to abide by US reinstated sanctions on Iran. Seeing footballers compete barefoot for a world title would be a first
Richemont sells Lancel to Piquadro
Switzerland-based luxury goods holding company Compagnie Financiere Richemont SA confirmed it has sold its French leather-goods subsidiary Lancel to Italian-based company Piquadro SpA
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