Footwear
A significant setback for footwear exports in 2023
The latest data published in the World Footwear Yearbook 2024, recently released by APICCAPS, the Portuguese Footwear Association, reveals a drop in footwear exports last year, both in value and volume
Geox sales down in the first half
In line with the start of the year, Geox has reported a 9.4% decline in first half sales, on a comparable basis to the same period of last year, as the wholesale channel continues to struggle in most of its markets
New EMEA sales director at Veja
The French sustainable sneaker brand has appointed Anthony Bunn as sales director for Europe, the Middle East and Africa (EMEA). He replaces Artaud Frenoy, who became sales director for Asia
Rocky Brands on the road to recovery
The US-based footwear manufacturer has reported solid second quarter results, with operating profit more than doubling as compared to the same period of last year
Allbirds strengthens partnership with the Chinese Belle Fashion Group
The Californian-based sustainable footwear brand has announced that Belle Fashion Group has been appointed its exclusive distributor and licensee in mainland China, Macau and Taiwan
Japan Retail: slow but steady future for retail
After unexpectedly slipping into recession at the end of 2023, the Japanese economy appears to be back on track to grow 3.2% in 2024 (FMI forecast). Against this backdrop, fashion retail sales are outperforming the overall retail performance and, interestingly, footwear inflation is now below the 2% target for any economy. However, the picture is not so clear-cut. The weak yen could dampen any growth in imports and the country is still adjusting to a major change in monetary policy. Nevertheless, as predicted in our last Flash, it’s safe to say that a modest recovery has taken place in the sector
State of West Bengal to invest in Calcutta Leather Complex
The Indian state government has announced a 100-billion-rupee (1.2 billion USD) investment in the Calcutta Leather Complex, creating an additional 250,000 jobs, the local media reported
adidas confirms strong momentum
The German-based sportswear company has reported a robust performance in the second quarter, led by the footwear segment. As a result, it has again raised its full year outlook
Bright second quarter for Steve Madden
The New York-based footwear, accessories and apparel designer has reported another strong performance amid a “choppy” operating environment, with second quarter revenue up by 18% year-over-year
Crocs raises full year earnings outlook
The US-based casual footwear company has reported a solid second quarter, driven by a strong performance of the Crocs brand internationally, and raised its full year earnings outlook as a result
Columbia Sportswear posts soft second quarter
While focusing on strategies to reignite long-term profitable growth, the US-based company posted another quarterly decline in sales amid continued challenging conditions in its home market
New Chief Marketing Officer at Journeys
The US-based footwear company Genesco has appointed Stacy Doren as Executive Vice President and Chief Marketing Officer of the Journeys group. She joins the company from Levi’s
Expo Detalles Perú is just around the corner
Expo Detalles Perú, one of the main footwear trade fairs in Peru, will be held between the 7th and 9th of August 2024 in Lima and is expected to attract both national and international visitors
Global footwear production down by 1.5 billion pairs in 2023
Last year saw footwear production and exports decline by 6% and 9.1% respectively, according to data published in the World Footwear Yearbook 2024, as recently released by APICCAPS, the Portuguese Footwear Association
Richard Shetliffe from BFA: we will always look at ways that we can support and offer guidance
We spoke to Richard Shetliffe, a veteran of the footwear and accessories industry who was appointed CEO of the British Footwear Association a few months ago, to discuss the role of the association in light of the various challenges facing the UK industry-
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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World Footwear Public Calendar
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