Companies
Demand for premium styles offsets the decline in Stella’s shipment volumes
The Hong Kong-based group posted its third quarter and nine months results, emphasising that the decline in shipment volumes was partially offset by an increase in average selling prices
Steve Madden enhances its apparel platform with the acquisition of Almost Famous
The New York-based designer and marketer of fashion footwear, accessories and apparel announced the acquisition of the apparel company Almost Famous for 52 million US dollars
Inditex teams up with Maersk to reduce its maritime transport emissions
The fashion group has partnered with the freight group Maersk to reduce its GHG emissions from maritime logistics by incorporating alternative fuels into all its inbound routes with the carrier
Partnership between Richemont and Farfetch receives antitrust clearance
The European Commission (EC) has “unconditionally” approved Farfetch’s acquisition of a 47.5% stake in Yoox Net-a-Porter. The EC was the last regulatory authority required to give authorisation
Ferragamo posts net sales decline
In the first nine months of 2023, the luxury group posted a net sales decline of 8.3% at current exchange rates or 9.2% at constant exchange rates, as compared to the same period of 2022
adidas announces third quarter preliminary results
The German-based sportswear company has raised its guidance for the full year, mainly as a result of the continued positive impact of the sale of the remaining Yeezy inventory
Under Armour names Gap veteran as new Chief Supply Chain Officer
The Baltimore-based sportswear company has named Gap veteran Shawn Curran as its new Chief Supply Chain Officer. He brings over 30 years of experience to the position
Group of 10 countries accounts for 90% of global footwear exports
Footwear exports recorded a notable increase of 9% in 2022, reaching a total of 15.2 billion pairs. The 10 main exporting countries represented almost 90% of the worldwide total
Nordstrom appoints Chief Human Resources Officer
The Seattle-based department store chain has named Lisa Price as Chief Human Resources Officer. She returns to Nordstrom after serving in the same role at Domino’s Pizza since 2019
Spartoo posts an improvement in EBITDA
In the first half of the year, amidst a challenging macroeconomic environment, the French-based retailer reported a decline in GMV and sales, but an improvement in its profitability
Kamik celebrates its 125th anniversary
The Canadian footwear brand is celebrating 125 years of making “quality, timeless footwear” designed to provide comfort and protection in any weather, with the launch of several initiatives
Birkenstock stumbles on its Wall Street debut
The German footwear company’s shares fell by 12.6% in its first session at the New York Stock Exchange on the past Wednesday. The downward trajectory continued on the second day
LVMH’s growth slows in the third quarter
The French-based luxury conglomerate posted an organic revenue growth of 9% in the third quarter, as compared to an organic growth of 17% recorded in the previous quarters of 2023
Timberland appoints new Chief Marketing Officer
The footwear brand, owned by VF Corp, has announced the appointment of Maisie Willoughby as its new Vice President and Chief Marketing Officer, effective from the 16th of October
Spain Retail: the future of footwear retail is clouded for the rest of the year
It’s not all bad news. The downward trend recorded by the TCF deflated retail sales index from April onwards remains above last year’s figures, and consumer confidence is about to reach a positive threshold. However, consumer footwear prices show yet no signs of slowing down, and, above all, imports in the category seem to be declining. These two factors could in fact be a warning of a further deterioration in footwear demand in Spain by the end of the year-
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Media Partners
Media Partners
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SHOES-MAGAZINE.COM
Revista del Calzado
Fotoshoe
UNIT Publishing House