News
Capri reshuffles Michael Kors leadership team
Capri’s CEO John D. Idol will assume the additional role of CEO of Michael Kors, succeeding Cedric Wilmotte. Philippa Newman has been promoted to Chief Product Officer of the brand
Sports goods manufacturer Le Coq Sportif placed in receivership
The French sportswear company that supplied the uniforms for the country’s Olympic team has been placed under judicial reorganisation by the Paris Commercial Court. It is now seeking new financing solutions
Robert Barakett ventures into the footwear segment
The Canadian-based brand is set to launch its first footwear collection, featuring Italian-made shoes, for the fall 2025 season. Eric Edmonds, with decades of experience, will lead the new division
Third quarter net sales fall at Shoe Carnival despite strong back-to-school season
The US-based retailer has reported a 4.1% year-on-year fall in net sales in the third quarter, hit by a shift in the retail calendar, two hurricanes that disrupted many of its stores and prolonged warm weather that delayed boot season
Wolverine Worldwide opens innovation hub in Boston
The US-based company, which owns brands such as Merrell and Saucony, has opened an innovation hub in Boston to accelerate product design and development, as part of its wider transformation strategy
Burberry launches new strategic plan amid profit losses
The British luxury company announced first-half results for fiscal 2025. Declined revenue and profitability prompted a strategic reformulation to revitalise the brand and return to sustainable growth
Horacio Moschetto (CIC): we aim to adapt and position the Argentine footwear sector as a global benchmark
We spoke to Horacio Moschetto, who has headed the Chamber of the Footwear Industry from Buenos Aires since 2003. We discussed the current challenges and opportunities for Argentina’s footwear sector
Caleres appoints SVP of New York brands
The US-based footwear company has appointed Nancy Bitetto as Senior Vice President of New York Brands to accelerate growth and expand profitability across its brand portfolio
AAFA calls on ILA and USMX to resume negotiations
The trade body is calling on the ILA and the USMX to negotiate to avoid a strike that would further disrupt the East and Gulf Coast ports in an already challenging global supply chain environment
Skechers to accelerate growth in Europe with new expanded distribution centre
The US-based footwear company has announced that it is moving its European distribution centre to a larger, single facility in Liège, Belgium. The aim is to support growth in Europe
Wholesale continues to weigh on Geox’s performance
In line with the first half, the footwear company has reported a decline in sales for the first nine months of the year, as the wholesale channel continues to weigh on overall performance
Alpargatas reports continued growth in 2024
Havaianas' performance in Brazil, with increased volumes and improved margins, and Rothy's revenue growth of 29% in the third quarter of 2024, compared to last year, anchors Alpargatas' growth
MetaSkills4TCLF project paves the way for green and digital innovation in TCLF
The MetaSkills4TCLF project aims to match education to industry needs by equipping the textile, clothing, leather, and footwear (TCLF) industries with the skills it needs to excel in a world driven by green innovation and digital transformation
EU-Mercosur FTA: 78 business organisations call for swift conclusion
CEC and 77 other business organisations from the European Union (EU) and Mercosur are urging their governments to rapidly conclude negotiations on a free trade agreement between the two blocs
US Consumer Confidence recovers in October
October marked broad improvements in consumer sentiment across age and income groups, with expectations for economic growth exceeding thresholds that typically signal recession concerns
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