Companies
Nike posts a decline in profits
Despite seeing its revenue grow during the fourth quarter of fiscal 2023, the US-based company posted a 28% decline in net income from the same period of fiscal 2022
JD Sports reiterates full year outlook
After reporting a positive trading update for May, the UK-based retailer said that it maintains its outlook of 1.04 billion British pounds in profit before tax and adjusted items
Cost of merchandise tops the list of concerns for the footwear industry
In the latest edition of the World Footwear Business Conditions Survey, our panel members identified the most pressing problems impacting the footwear industry. Get free access to the report and read its main conclusions
Under Armour confirms corporate lay-offs
The Baltimore-based sportswear company has cut 50 roles across several units in its corporate workforce, says Footwear News, to help reduce expenses and achieve profitability
Asos returns to profitability
Despite a third quarter revenue decline, the UK-based online retailer returned to profitability, saying that its turnaround strategy is starting to work. This led Frasers to increase its stake in the company
Nike launches Well Collective
The US-based sportswear giant launched the Well Collective commitment to “support wellness journeys for everyone”. This initiative is built on the brand's five pillars of holistic fitness
Aldo teams up with Brook Brothers
Authentic Brands Group (ABG) and the Canadian-based Aldo Group have entered a partnership to expand Brooks Brothers' assortment of men's footwear and small leather goods
Positive perspetives for footwear businesses
In this edition of the Business Conditions survey, we asked our panel of experts to share their expectations about the health of the future business in the next semester. Read about the conclusions below
Puma reorganizes its global marketing organization
This major reorganization of Puma’s global marketing organization includes the relocation of the Brand Management and Marketing Operations from Boston to the Germany's headquarters
Stitch Fix announces new CEO
The US-based personal styling company appointed Matt Baer, former Chief Customer & Digital Officer at Macy's, as its new Chief Executive Officer and member of the Board of Directors
Average footwear prices expected to increase
In the latest edition of the World Footwear Business Conditions Survey, our panel members predicted an increase of 7.3% in footwear prices over the next six months. Get free access to the report with the main conclusions
Burberry reports full year revenue growth
The UK-based luxury group has posted a 10% rise in revenue during fiscal 2023 from the prior year, underlining a rebound in performance in the Mainland China in the fourth quarter
Keen footwear lowers its prices
The Oregon-based footwear company is lowering its prices to give some relief to consumers in this inflationary environment
Owner of Lavoro invests 5 million euros to boost productivity
The Portuguese manufacturer of professional footwear ICC – Footwear Industry and Commerce will invest 5 million euros to increase its productivity by 20% and double sales
Shoe Zone delivers positive trading update
The UK-based retailer reported that trading exceeded expectations during May and June due to strong early demand for summer products and lower container rates, which helped to improve margins-
-
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
-
Shoes Report
ARS ARPEL
Shoe Intelligence
MPA Style