World Footwear

Companies

Maison Margiela appoints Glenn Martens as creative director

Feb 5, 2025 / France
The OTB-owned luxury brand has found a successor to John Galliano, who left the label in December. Glenn Martens is the new creative director at Maison Margiela

Golden Goose announces new investor

Feb 5, 2025 / Italy
The luxury sneaker company has announced that the Hong Kong-based Blue Pool Capital, founded by Alibaba Group co-founder and chairman Joe Tsai, has acquired a 12% stake in the company

Cost of raw materials and competition in their home market worry the footwear industry

Premium ContentFeb 4, 2025 / Business Conditions Survey
Respondents of the 11th edition of the World Footwear Business Conditions Survey elected the cost of raw materials and competition in their home market as the main difficultie sfaced by the industry

VF Corp on track with its turnaround plan

Feb 3, 2025 / United States
The US-based footwear company has reported progress on its turnaround plan. Vans continues to improve quarter on quarter and the Americas region has returned to positive territory

Skechers opens first performance flagship location

Jan 30, 2025 / United States
Located in Canada’s West Edmonton Mall, the store offers an immersive experience with half courts and the company’s extensive performance range of footwear technologies worn by athletes worldwide

Puma launches efficiency programme after profit miss

Jan 29, 2025 / Germany
After reporting a full year net income below the previous year’s level and below expectations, the German-based sportswear company has launched a cost-efficiency programme

Positive perspectives about the health of footwear business continue

Premium ContentJan 27, 2025 / Business Conditions Survey
More than 65% of the respondents of the last edition of the World Footwear Business Conditions Survey seem confident regarding the health of their businesses. The 11th edition of the World Footwear Business Conditions Survey results are now available

Schuh to cut jobs as part of a restructuring effort

Jan 27, 2025 / United Kingdom
Amid challenging economic conditions, the UK-based footwear retailer has started a voluntary redundancy process. The number of employees affected is not yet known

adidas closes 2024 with strong figures

Jan 24, 2025 / Germany
The German-based company has reported strong preliminary figures for the fourth quarter and full year 2024. Shortly afterwards, news of job cuts as part of a restructuring of its headquarters began to appear in the media

Strong third quarter for Richemont

Jan 22, 2025 / Switzerland
The Swiss-based luxury group has reported a strong third quarter, underpinned by double-digit growth in all regions except Asia, where Mainland China remains the weak spot

Zalando raises profitability guidance after better-than-expected fourth quarter

Jan 22, 2025 / Germany
The Germany-based online multi-brand retailer has raised its profitability forecast for the fiscal year 2024, following a better-than-expected fourth quarter, driven by strong customer growth

Employment in the footwear sector expected to stabilize

Premium ContentJan 21, 2025 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, two-thirds of our panel members responded that they believe the level of employment will stabilise in the next few months. Get free access to the report with the main conclusions

Kurt Geiger posts record figures in December amid retail expansion

Jan 17, 2025 / United Kingdom
As it continues to expand its presence in North America, the British luxury footwear and accessories brand says December 2024 was the most profitable month in its history

Caleres lowers its outlook for the full year once again

Jan 17, 2025 / United States
The US-based footwear company has announced a further cut in its full year sales and earnings outlook, after recording lower-than-expected sales in mid-December and January

US footwear industry helps LA fire victims

Jan 16, 2025 / United States
Deckers Brands, Skechers, Merrell, APL, Two Ten Footwear Foundation and Soles4Souls are among the companies and organisations coming together to help the victims of the LA fires
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