World Footwear

Footwear

Portuguese shoes find their way to 173 countries

Jan 22, 2024 / Portugal
The Portuguese footwear industry currently exports more than 90% of its production. As a result, 76 million pairs of shoes are sold in more than 170 countries on five continents

Stella Holdings full year revenue declines

Jan 22, 2024 / Hong Kong
The footwear manufacturer posted an unaudited consolidated revenue decline of 8.5% in 2023, on a comparable basis to the prior year, but posted a positive performance in the fourth quarter

Spain Retail: clouds are lifting for retail

Premium ContentJan 19, 2024 / World Footwear Reports
Despite some concerns about inflation, retailers were optimistic about their prospects for the end of 2023, and data on imports at least confirmed a stabilisation in the footwear trade on favourable grounds. Looking at our previous Retail Flash, it’s now safe to say that the clouds are lifting over retail in Spain. On a different note, online fashion has clearly lost the momentum generated during the pandemic

100th edition of Expo Riva Schuh & Gardabags attracts 9 000 buyers

Jan 19, 2024 / Italy
The organisers said that the number of buyers who attended the last edition of the trade fair exceeded “all expectations for a market facing such challenging circumstances”

Footwear industry with optimistic expectations for the future

Premium ContentJan 18, 2024 / Business Conditions Survey
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

Under Armour reinforces executive team

Jan 18, 2024 / United States
The US-based sportswear company has strengthened its executive team with the appointment of Yassine Saidi as Chief Product Officer and Kara Trent as President of the Americas region

361 Degrees provides fourth quarter update

Jan 18, 2024 / China
The Chinese-based company has issued an operational update on its fourth quarter performance, with retail sales of its 361º Kids brand standing out with 40% year-over-year growth

Global slowdown in international footwear trade

Premium ContentJan 17, 2024 / World Footwear Reports
A sluggish demand in two of the main areas for footwear consumption, the US and Europe, resulted in a global slowdown in international trade throughout 2023. Check the snapshot of the performance of the main players with the figures known so far

Portuguese footwear companies’ successful partnerships

Jan 16, 2024 / Portugal
There’s strength in numbers, a motto taken seriously by some Portuguese footwear companies that see partnerships as a lever for moving forward. Take a look at the partnerships of JAK, ESC and Lachoix

Charles Denson appointed to the board of directors of Columbia Sportswear

Jan 16, 2024 / United States
The US-based company announced the appointment of Charles Denson, a former Nike Executive, to its Board of Directors. He will serve as a director and member of the Audit Committee

World Footwear Voices: interview with Yves Morin

Premium ContentJan 15, 2024 / World Footwear Voices
Today we bring you a conversation with Yves Morin to learn a little more about technology, innovation, and how that can lead to a more sustainable world. Watch this new episode of the World Footwear Voices

Spanish footwear companies bet on internationalisation despite economic slowdown

Jan 15, 2024 / Spain
Spanish companies continue to work towards internationalisation, despite the difficult period the footwear sector is experiencing due to inflation and falling consumption, says FICE

Wolverine Worldwide sells Sperry to ABG

Jan 15, 2024 / United States
Authentic Brands Group (ABG) has acquired the Sperry brand from Wolverine Worldwide for 130 million USD, bringing on board the Aldo Group to design, manufacture and distribute the brand globally

France Retail: with no crystal ball and eyes wide shut

Premium ContentJan 12, 2024 / France
Despite the slowdown in inflation in recent months and the slight improvement in consumer confidence, footwear retail remains on a downward trend. There is some hope for an upturn in the retail environment in the first half of 2024, but the available data on imports at the moment does not allow us to look ahead with sufficient clarity. Meanwhile, the online second-hand market shows signs of becoming increasingly relevant in France

Genesco lowers full year earnings guidance

Jan 12, 2024 / United States
After posting weak Christmas sales, the Nashville-based footwear company has lowered its earnings guidance for fiscal 2024. Journeys continues to struggle
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