World Footwear

Footwear

Shoe Carnival reports sales growth

May 30, 2024 / United States
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

Indonesian footwear industry hit by a lay-off wave

May 30, 2024 / Indonesia
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

Sales decline at Geox

May 30, 2024 / Italy
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 set to grow by more than 4% in the next five years

May 29, 2024 / Latin America
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

Deckers ends fiscal 2024 strong

May 29, 2024 / United States
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

Footwear experts expect importance of digital retail channels to continue to increase

Premium ContentMay 28, 2024 / Business Conditions Survey
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

Weak performance in China affects Tod’s first quarter turnover

May 28, 2024 / Italy
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

Expo Riva Schuh: latest shoe and bag trends to be showcased at Highlights area

May 28, 2024 / Italy
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

Mata completes environmental certification with the US on the horizon

May 27, 2024 / Portugal
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

VF Corp fourth quarter losses widen

May 27, 2024 / United States
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

On reports strong first quarter

May 27, 2024 / Switzerland
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

Spain Retail: concerns grow for retailers after an unexpected fall in sales

Premium ContentMay 24, 2024 / World Footwear Reports
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

Under Armour to lay off staff as sales continue to fall

May 24, 2024 / United States
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

Global business platform Expo Riva Schuh & Gardabags to return in June

May 24, 2024 / Italy
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

Domestic market drives modest growth for Grendene

May 23, 2024 / Brazil
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
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