The US-based footwear retail has reported a solid start to the fiscal year 2024, with a net sales growth of 6.8% in the first quarter as compared to the same period of last year
The recent closure of PT Shoes Bata Tbk, a subsidiary of footwear company Bata, with the lay-off of 233 people, has highlighted a wave of redundancies that has hit the Indonesian footwear industry
The Italy-based group has reported a sales decrease of 13.5% in the first quarter of the year, as compared to the same period of 2023, mainly due to the performance of the wholesale channel in all regions
Footwear consumption in Latin America is set to grow by more than 4% in the coming years, according to an estimate by Abicalçados presented at the last edition of the Latin American Footwear Forum
The US-based company has ended its fiscal year 2024 on a positive note. Strong performances from Hoka and Ugg led to an 18% year-on-year increase in full year net sales to 4.29 USD
Since the first edition of this survey, we have been asking our panel of experts about their expectations regarding the evolution of the percentage that different retail channels represent in the total sales of footwear in their country
Ahead of the delisting, the Italian luxury group has reported a 6.7% year-on-year fall in turnover in the first quarter of the year, mainly due to a weak performance in the Chinese market
At the next edition of the Expo Riva Schuh & Gardabags, which will be held from the 15th and the 18th of June, the Highlights area is set to consolidate its role as a benchmark for trends in the footwear and bag sectors
Fábrica de Calçado da Mata, a Portuguese company specialising in men's shoes, has just had its environmental management system certified, marking another important step in its sustainability journey, with the US on the horizon
The US-based footwear company has ended its fiscal 2024 in the red, with fourth-quarter sales falling and losses widening. Vans has failed to take off and the US market remains challenging
The sportswear company has reported a strong start to 2024, with a first quarter revenue and net income growth of 20.9% and 106.6%, respectively, as compared to the same period of last year
While 2024 began with consistent, albeit modest (around 1% monthly) growth, a concerning trend emerged in March, with retail sales falling sharply by 7.9% as compared to the previous month. However, a silver lining remains. Fashion is currently the retail sector experiencing the least inflation, and consumers still hold some optimism about the overall economy. This suggests that a period of resilience may be needed from retailers, but a potential rebound could be on the horizon
The Baltimore-based company has launched a restructuring plan for fiscal 2025, which includes the layoffs of an unspecified number of employees, after reporting weak fourth quarter and full year results
The next edition of the international Expo Riva Schuh & Gardabags trade fair will take place from the 15th to the 18th of June in Riva del Garda, Italy, showcasing the latest trends and innovations in the industry
The owner of Melissa and Ipanema has reported a net sales growth of 3.2% year-over-year in the first quarter of the year, driven by domestic demand. International market remains challenging