Footwear
Steve Madden enhances its apparel platform with the acquisition of Almost Famous
The New York-based designer and marketer of fashion footwear, accessories and apparel announced the acquisition of the apparel company Almost Famous for 52 million US dollars
Germany Retail: retailers’ troubles are far from over
Confidence indicators are a red flag for retail at the moment, especially on the retailers’ side. The slow decline in inflation is likely to have a negative impact on consumer prices in the clothing and footwear segment, which will undoubtedly continue to limit consumers’ purchasing power; even the fall in import prices is not entirely positive news, as it will take time to translate into reality. Only the online channel seems to be more optimistic about the times ahead
World Shoe opens footwear factory in Ghana to support health goals
The Nigerian social enterprise has opened its first facility in Ghana to produce the first brand of antimicrobial and ecological footwear made in Africa. It forecasts to manufacture five million shoes a year
Istanbul will be the venue of the upcoming edition of the World Footwear Congress
As the 6th largest footwear manufacturer in the world, Türkiye will host the next World Footwear Congress, focusing on new business solutions, sustainability and circularity, and the future of labour
adidas announces third quarter preliminary results
The German-based sportswear company has raised its guidance for the full year, mainly as a result of the continued positive impact of the sale of the remaining Yeezy inventory
Shoe Zone reports full year sales growth
The UK-based retailer reported a 6.1% growth in revenue in its unaudited trading update for fiscal 2023, as compared to the prior year. Its full year profit outlook has also increased
Under Armour names Gap veteran as new Chief Supply Chain Officer
The Baltimore-based sportswear company has named Gap veteran Shawn Curran as its new Chief Supply Chain Officer. He brings over 30 years of experience to the position
Group of 10 countries accounts for 90% of global footwear exports
Footwear exports recorded a notable increase of 9% in 2022, reaching a total of 15.2 billion pairs. The 10 main exporting countries represented almost 90% of the worldwide total
Bangladesh’s leather footwear exports fall by 33%
Bangladeshi leather exports declined by 18.44% between July and September, as compared to the same period of last fiscal year, with the leather footwear segment suffering the biggest blow
Argentina surpasses the US as the main destination for Brazilian footwear
In a year when Brazilian footwear exports slowed down due to the difficult international economic context, Argentina surpassed the US as the main destination for yellow and green footwear
Less than a month to go until the World Footwear Congress
The global footwear sector will meet on the 8th and 9th of November in Istanbul to reshape its future in a macro environment marked by uncertainty, high inflation and geopolitical instability
Spartoo posts an improvement in EBITDA
In the first half of the year, amidst a challenging macroeconomic environment, the French-based retailer reported a decline in GMV and sales, but an improvement in its profitability
Kamik celebrates its 125th anniversary
The Canadian footwear brand is celebrating 125 years of making “quality, timeless footwear” designed to provide comfort and protection in any weather, with the launch of several initiatives
Birkenstock stumbles on its Wall Street debut
The German footwear company’s shares fell by 12.6% in its first session at the New York Stock Exchange on the past Wednesday. The downward trajectory continued on the second day
UGG launches regenerative collection for fall
The division of Deckers Brands has launched “Regenerate by UGG”, an all-gender sustainability-focused collection made with materials from land cultivated with regenerative practices-
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
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Shoes Report
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