The parent company of Havaianas reported a net revenue fall of 17.8% in the third quarter of 2023, as compared to the same period of last year, due to a significant drop in volumes sold
National footwear manufacturers were surprised by President Lula da Silva's veto to maintain the payroll tax exemption policy and expect a loss of 20 000 jobs in 2024 in the industry
Despite recording a net sales drop of 4.6% in the third quarter of 2023, as compared to the same period of 2022, the footwear company managed to increase its profitability in the quarter
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While overall consumer prices remained stable, as compared to the previous month, retail shoe prices in October rose by 1.1% year-over-year, the sharpest increase in eleven months
The Italian-based luxury brand recorded a 14.3% increase in sales in the first nine months of 2023, as compared to the same period of 2022, with all brands registering double-digit growth
The Portuguese luxury shoe brand has acquired a production unit that has been in business for over 40 years to increase its production capacity and expand its women’s range
From July to October, footwear exports declined by about 15% in value, as compared to the same period of last year, mainly driven by the performance of the leather footwear segment
In the process of a strategic transformation plan, the sustainable footwear brand posted a 21.2% decline in revenue in the third quarter of 2023, as compared to the same period of 2022
The difficult economic conditions and the cost-of-living crisis, which are having a negative impact on the British footwear retailer’s results, are believed to be the cause of these cuts
The US-based company announced that Cory Long will join Columbia in December as President of the Sorel brand. He succeeds Mark Nenow, who resigned in June for health reasons
We spoke to Dr Alexandra Sherlock, fashion lecturer at RMIT University and founder of the Footwear Research Network, to find out more about this platform and how it aims to bring the academic world and the industry closer together
The British footwear brand has appointed Giles Wilson as its new Chief Financial Officer (CFO) and Ije Nwokorie to the new role of Chief Brand Office, both due to start in 2024
The Portuguese-based footwear winter manufacturer is focusing on the North American region due to the weather conditions, as well as the conditions of the market
The Italian-based brand recorded a positive performance in the year to date, but emphasised that the sales growth was moderate as compared to the last two years