World Footwear

Footwear

Physical and Chemical Tests: What tests should a footwear brand perform on their products?

Premium ContentFeb 9, 2024 / World Footwear Reports
Just released! A new paper dedicated to testing in the footwear industry. Learn all about testing and understand what physical and chemical tests are, and which ones are relevant for your products and why

Another disappointing quarter for VF Corp

Feb 8, 2024 / United States
The parent company of Vans and The North Face posted a 16% year-over-year decline in revenue in the third quarter of fiscal 2024, largely due to a “shift in the timing of wholesale deliveries”

Footwear retail prices expected to increase

Premium ContentFeb 7, 2024 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, panel members revealed their expectations regarding future increases in footwear retail prices. A sentiment influenced by the high inflation recently experienced

Columbia Sportswear warns of a challenging year ahead

Feb 7, 2024 / United States
The US-based company posted a year-on-year drop in profits in 2023, as well as a weak fourth quarter. It also warns of a challenging 2024, as economic and geopolitical uncertainty remains high

Geox growth slows in 2023

Feb 7, 2024 / Italy
The Italian-based footwear group has seen its growth slow from previous years due to a complex macroeconomic environment and unusual weather events in May and September

Deckers reports record quarterly revenue and earnings

Feb 6, 2024 / United States
The US-based footwear company has reported “record” third quarter revenue and earnings, driven by an “exceptional performance” from both the Hoka and Ugg brands

Deckers Brands CEO to retire in August

Feb 6, 2024 / United States
As the US-based company reported another strong quarter, it announced that Dave Power has decided to retire as President and Chief Executive Officer, effective from the 1st of August 2024

World Footwear Voices: interview with Yuly Fuentes-Medel Ph.D. from MIT

Premium ContentFeb 5, 2024 / World Footwear Voices
Today we bring you a conversation with Yuly Fuentes-Medel Ph.D., Project Manager for Fiber Technologies at MIT. Watch the new episode of the World Footwear Voices

Portuguese footwear goes to school to talk about sustainability

Feb 5, 2024 / Portugal
APICCAPS will carry out awareness-raising activities in 86 Portuguese schools to promote the potential of the footwear industry, value the territory and boost the local industry

A strong 2023 for Skechers

Feb 5, 2024 / United States
The US-based footwear company has achieved record annual sales of 8.0 billion USD in 2023, up by 7.5% year-over-year, driven by a strong performance in the direct-to-consumer channel

Crocs brand President Michelle Poole to retire

Feb 2, 2024 / United States
The US-based casual footwear brand has announced that Crocs brand President Michelle Poole has decided to retire. She will be succeeded by Chief Financial Officer Anne Mehlman

Germany Retail: despite some good news, retailers continue to worry

Premium ContentFeb 1, 2024 / World Footwear Reports
German retailers’ worries are not over. Despite a slight uptrend in the Textile, Clothing, and Footwear (TCF) Retail index, in line with the recent positive trend in consumer confidence indicators, their concerns go well beyond nominal performance and focus on whether inflation will continue to erode margins. Put simply, passing on costs to customers or closing down altogether is still keeping them up at night. As the first quarter is traditionally slow, and the volatile geopolitical situation could change at any moment, we are cautious about making near-term forecasts

Dr. Martens third quarter revenue declines

Jan 31, 2024 / United Kingdom
Amid a challenging consumer environment, the iconic British footwear brand recorded an 18% year-over-year decline in sales on a constant currency basis in the third quarter of fiscal 2024

Ferragamo reports decreasing full year revenue

Jan 31, 2024 / Italy
The luxury group has warned of a slowdown in luxury demand, with preliminary consolidated revenue for 2023 down by 7.6% at current exchange rates and 8.1% at constant exchange rates year-on-year

Positive perspectives regarding the health of footwear business

Premium ContentJan 30, 2024 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, we have asked our panel members about their opinions regarding the health of their businesses in the next six months. Get free access to the report with the main conclusions
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