Companies
Grendene's sales decline in the second quarter
Despite posting a weak second quarter performance in 2023, the Brazilian owner of the Melissa and Ipanema brands is pleased with its first half and confident for the remaining year
Shoe Carnival lowers full year guidance
Despite seeing an improvement over the first quarter of 2023, the US-based retailer still posted a year-on-year decline in net sales and profits in the second quarter, thus reducing its full year outlook
Is footwear re-shoring a myth?
With the geographical distribution of footwear production remaining relatively unchanged over the past decade, is re-shoring a myth or can we find its evidence in the numbers?
VF Corp appoints Chief People Officer
The US-based footwear group announced that Brent Hyder has been appointed as Chief People Office, effective from the 5th of September
High stock levels weigh on Alpargatas' overall performance
The owner of Havaianas and Rothy's posted a revenue and profits decline in the first half of 2023 due to high inventory levels, as well as inefficiencies in its overall operation
Footwear production bounces back to pre-pandemic levels in 2022
The World Footwear Yearbook 2023 just released by APICCAPS, the Portuguese Footwear Association, shares information about the great trends in the industry such as the fact that in 2022 global footwear production reached the 23.9 billion pairs threshold
Average worldwide export price reaches a new record in 2022
This is one of the main conclusions of the World Footwear Yearbook 2023 just released by APICCAPS, the Portuguese Footwear Association. Read all about it today
Under Armour reiterates its full year guidance
The US-based company posted a solid first quarter in fiscal 2024, stressing the performances of the international and direct-to-consumer segments, and confirmed its previous full year guidance
Zalando's EBIT up by 87% in the second quarter
The German-based online retailer posted an 87% increase in EBIT in the second quarter of the current year from the same period in 2022, despite a slight decline in GMV and revenue
Ferragamo's revenue and profit dropped in the first half
The luxury group reported a 4.8% fall in revenue in the first half of 2023, as compared to the same period of 2022. In addition, net profit for the period plunged by 65.4% year-on-year
adidas reports second quarter results
The company reported growth flat in the second quarter and first half of 2023, but added that is seeing some improvement in its performance, also due to the sale of Yeezy inventory
Wolverine's announces unexpected CEO change
The Board of Directors has appointed Christopher E. Hufnagel as President, Chief Executive Officer, and a member of the Board of Directors, effective immediately. Mr. Hufnagel succeeds Brendan L. Hoffman, who is no longer with the company
Tapestry acquires Capri in 8.5 billion US dollars deal
The two houses announced that they have entered into a definitive agreement under which Tapestry will acquire Capri Holdings. Under the terms of the transaction the total enterprise value will be of approximately 8.5 billion US dollars
Steve Madden posts decline in revenue
The New York-based designer and marketer of footwear, accessories and apparel posted a 16.8% revenue decline in the second quarter of 2023, as compared to the same period of last year-
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