World Footwear

Footwear

ECHA apologises for misleading claims on leather goods and footwear

May 3, 2024 / CEC
The European Chemical Agency (ECHA) has apologised for an infographic published on its communication channels which misleadingly attributed carcinogenic properties to leather goods and footwear

adidas surprises in the first quarter

May 3, 2024 / Germany
The German-based company had a strong start to the year, beating expectations for sales, gross margin and operating profit. This performance appears to mark a turnaround for adidas after a tough 2023

Sustained positive trend in French leather exports

May 2, 2024 / France
According to the latest data from Alliance France Cuir (ex-Conseil National du Cuir), French leather exports slowed in 2023, but still showed a slight increase of 6% year-on-year to 18.9 billion euros

Skechers starts 2024 on a positive note

May 2, 2024 / United States
The US-based footwear company has posted a better-than-expected performance in the first quarter, with sales up by 12.5% on the same period of last year to 2.25 billion US dollars

Sales decline at Columbia Sportswear

May 1, 2024 / United States
The US-based company posted a 6% year-over-year decline in the first quarter of 2024, in line with previous expectations, due to a general slowdown in demand and a difficult competitive environment

2023: a year of mixed results in casual and outdoor

Premium ContentApr 30, 2024 / World
In a challenging year for retail, marked by high inflation and weaker consumer demand, we looked at how some of the key players in the casual and outdoor segment are faring and whether some may be poised for a comeback

FDRA calls on Biden administration to eliminate footwear tariffs

Apr 30, 2024 / United States
Matt Priest, president and CEO of the Footwear Distributors & Retailers of America (FDRA), called on the Biden administration to eliminate tariffs on footwear in order to address rising shoe prices

Portuguese consortium launches 34 cutting-edge solutions to have the world’s most advanced industry

Apr 29, 2024 / Portugal
As part of a consortium led by Carité and coordinated by CTCP, several companies are working to develop 34 innovative products by the end of next year to make the Portuguese footwear industry the most qualified in the world

JD Sports announces acquisition of Hibbett

Apr 26, 2024 / United Kingdom
The British sports retailer has proposed to buy the US sportswear retailer Hibbett for around 1.08 billion USD. The move will allow JD Sports to expand its business in the North American country

Portugal surpasses Spain in footwear production

Apr 23, 2024 / Portugal
Portugal has become Europe’s second-largest footwear producer, overtaking Spain. According to Eurostat, Portugal produced 85 million pairs of shoes in 2022, two million more than its Spanish rival

Another exit at Under Armour

Apr 22, 2024 / United States
Chief People and Administrative Officer Tchernavia Rocker will leave the company on the 1st of June 2024 “for personal reasons”, the Baltimore-based sportswear company said in an SEC filing

Crocs appoints new president for Heydude

Apr 19, 2024 / United States
The US footwear company has announced the appointment of Terence Reilly as incoming Executive Vice President and President for the Heydude brand, effective from the 29th of April

Sports category drives first quarter growth for Stella Holdings

Apr 19, 2024 / Hong Kong
The footwear manufacturer has reported an unaudited consolidated revenue increase of 18.9% year-on-year in the first quarter of 2024, mainly due to demand for sports products

US apparel and footwear industries call for 16-year AGOA extension

Apr 18, 2024 / United States
The AGOA trade programme, which grants duty-free access to the US market by eligible countries in sub-Saharan Africa, is currently set to expire in September 2025

Vietnam retains second spot in global footwear exports in February

Apr 17, 2024 / Vietnam
Vietnam remained the world’s second-largest exporter of footwear after China in February, with a turnover of 1.17 billion USD, according to figures released by the General Department of Customs
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