Companies
Foot Locker reiterates full year outlook
Amid its turnaround plan, the US-based sports retailer reported “solid” first quarter results, in line with previous expectations, thus reaffirming its outlook for the full year 2024
Cost of raw materials and insufficient demand continues to worry the footwear industry
Respondents of the 10th edition of the World Footwear Business Conditions Survey reveal that cost of raw materials and insufficient demand continue to negatively impact their businesses
Sun Choe appointed Global President of Vans
VF Corp has appointed Sun Choe as Global President of Vans, effective the end of July. She joins the company from lululemon, where she was Chief Product Officer for the past seven years
US market drags down Dr. Martens full year results
As expected, the weak performance of the US wholesale business largely offset the positive performance of Dr. Martens’ DTC business and contributed to a poor full year result
Golden Goose to list in Milan in June
The Italian Luxury sneaker brand Golden Goose plans to list on the Milan stock exchange in June, saying it will sell 100 million euros worth of shares to fund expansion and pay down debt
Caleres announces first quarter results
The US-based footwear company has reported a slight decline in sales in the first quarter of 2024 amid a challenging environment for consumer demand. However, it remains optimistic for the rest of the year
Indonesian footwear industry hit by a lay-off wave
The recent closure of PT Shoes Bata Tbk, a subsidiary of footwear company Bata, with the lay-off of 233 people, has highlighted a wave of redundancies that has hit the Indonesian footwear industry
Footwear experts expect importance of digital retail channels to continue to increase
Since the first edition of this survey, we have been asking our panel of experts about their expectations regarding the evolution of the percentage that different retail channels represent in the total sales of footwear in their country
Weak performance in China affects Tod’s first quarter turnover
Ahead of the delisting, the Italian luxury group has reported a 6.7% year-on-year fall in turnover in the first quarter of the year, mainly due to a weak performance in the Chinese market
VF Corp fourth quarter losses widen
The US-based footwear company has ended its fiscal 2024 in the red, with fourth-quarter sales falling and losses widening. Vans has failed to take off and the US market remains challenging
On reports strong first quarter
The sportswear company has reported a strong start to 2024, with a first quarter revenue and net income growth of 20.9% and 106.6%, respectively, as compared to the same period of last year
Under Armour to lay off staff as sales continue to fall
The Baltimore-based company has launched a restructuring plan for fiscal 2025, which includes the layoffs of an unspecified number of employees, after reporting weak fourth quarter and full year results
Domestic market drives modest growth for Grendene
The owner of Melissa and Ipanema has reported a net sales growth of 3.2% year-over-year in the first quarter of the year, driven by domestic demand. International market remains challenging
Burberry full year results hit by slowing luxury demand
The luxury group has reported a decline in both sales and profits amid a slowdown in demand for luxury goods, which particularly affected its performance in mainland China and the US
Pentland Brands names new President for the Americas
The owner of brands such as Speedo and Berghaus has announced that Joe Spies has become the President of the Americas region, succeeding Matt Rock, who stepped down after 19 years with the company-
-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
-
World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
-
-
-
Media Partners
Media Partners
-
Shoe Intelligence
Revista del Calzado
Shoes Report
UNIT Publishing House