Shoes
Brazilian Arezzo buys footwear brand Vicenza
The Brazilian 'house of brands' has announced the acquisition of Vicenza by 103.8 million Brazilian reais (20.3 million USD), as part of its expansion strategy in the fashion and retail businesses
2023 could bring a loss of 56 million pairs in Europe's consumption
In the latest edition of the World Footwear Business Conditions Survey, we have asked our panel of experts about their perspectives regarding footwear consumption, in their domestic market and globally
Cedric Wilmotte appointed CEO of Michael Kors
Capri Holdings has announced that Cedric Wilmotte, currently Versace's Chief Operating Officer, will assume the role of Chief Executive Office of Michael Kors, effective 3rd of April
Salehe Bembury reinvents the iconic Clarks Lugger
The renowned American footwear designer has teamed up with Clarks Originals to reinvent the brand’s iconic style Lugger, almost 40 years since it was introduced
Dr. Martens posts third quarter results below expectations
The British label reported a third quarter revenue below expectations due to "slower than anticipated" DTC growth in America and major operational issues at the LA distribution centre
Burberry reports rise in sales despite weaker performance in China
The luxury group posted double-digit revenue growth in the third quarter of fiscal 23, excluding the impact of China, where COVID-19-related disruption continued to affect the business
American Exchange Group acquires White Mountain Footwear
The US-based designer, manufacturer and wholesaler of footwear and accessories has announced the purchase of the women's footwear label for an undisclosed sum
Expo Riva Schuh & Gardabags on track to normality
The January 2023 edition of the trade fair welcomed over 8 600 attendees from 100 countries. The organization claims that the event is "coming back into the light" after the difficult pandemic period
Aerosoles launches footwear line for children
The US-based brand announced that it will expand into the kids' footwear segment. This launch reflects Aerosoles' efforts to prove itself as a global brand, whose offering ranges beyond women's shoes
Burberry announces the appointment of new senior executives
The UK-based label appointed Giorgio Belloli and Delphine Sonder to the newly created roles of Chief Digital, Customer and Innovation Officer and Chief Merchandising Officer, respectively
US: footwear prices increases to continue decelerating
According to the FDRA, full year footwear prices were up by 4.6%, as compared to 2021. But a break for consumers might be on the way, with data suggesting a decline in the growth pace
Brazilian footwear exports reach over 1.3 billion USD in 2022
According to Abicalçados, last year, Brazil exported 141.9 million pairs of shoes, generating over 1.3 billion USD, up by 14.8% in volume and 45.5% in value, as compared to 2021
Stella International provides update on 2022 results
The Hong-Kong based manufacturer reported an unaudited consolidated revenue increase of about 5.9%, as compared to 2021, but growth slowed down in the last quarter with a revenue decline of 15.4%
Caleres reiterates fiscal 2022 outlook
The US-based footwear group has confirmed its previous guidance for full year 2022 consolidated sales, adjusted earnings per share and inventory position
Double-digit increase in turnover for Italian footwear manufacturers
In the first nine months of 2022, Italian shoemakers' turnover increased by 13.9%, year-over-year. But growth is not alike among companies, says Assocalzaturifici, highlighting the rising costs-
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