World Footwear

News

E-commerce led the way on US Black Friday

Dec 4, 2024 / United States
US retail sales were up by 3.4% on Black Friday compared to the same day last year, according to Mastercard SpendingPulse, driven by a significant 14.6% increase in online sales

Portuguese footwear returns to school to showcase the industry of the future

Dec 3, 2024 / Portugal
Last school year, several initiatives were carried out in 78 schools, involving 1,900 young students, to demystify stereotypes and showcase the industry of the future This number will be increased this year

Stuart Weitzman and Swarovski unite for new holiday collection

Dec 3, 2024 / United Kingdom
Stuart Weitzman partnered with Swarovski Creators Lab to release crystal-adorned Stuart Power Shine pumps, a limited-edition collection combining craftsmanship and luxury fashion

Nike promotes Treasure Heinle to Chief Human Resources Officer

Dec 3, 2024 / United States
The sportswear giant has announced that Treasure Heinle, currently Chief Talent Officer, will succeed Monique Matheson as Chief Human Resources Officer. Matheson will retire after 26 years with Nike

JD Sports completes acquisition of Courir

Dec 2, 2024 / United Kingdom
The UK-based sportswear retailer has completed the acquisition of France's Groupe Courir, thus strengthening its position in the European market. The deal was first announced in May 2023

Mulberry cuts jobs amid efforts to turn around the business

Dec 2, 2024 / United Kingdom
The British luxury handbag company has cut dozens of jobs as part of a major shake-up to turn the business around, after a sales plunge of 19% in the six months to December

Sergio Dulio: all UITIC gatherings are unforgettable, but the next congress will set new standards

We spoke to Sergio Dulio, President of the International Union of Shoe Industry Technicians (UITIC), to learn more about the next UITIC Congress in late August and early September 2025 in Shanghai, China. During our interview, Dulio delves into the significance of the event, its theme and what attendees can look forward to

US footwear prices rise amid economic uncertainty

Nov 29, 2024 / United States
Tariffs and inflation continue to shape US footwear pricing, as October data revealed mixed trends, with increased men's and children's footwear prices, while prices for women's shoes declined

Global luxury spending to hold steady in 2024

Nov 29, 2024 / World
Growth in luxury experiences and shrinking demand for luxury goods highlight a shift in consumer priorities as brands navigate changing market dynamics and regional challenges

Dr. Martens reports half year results for fiscal 2025

Nov 29, 2024 / United Kingdom
In its transition year, the British brand reported decreased revenue for the first six months of fiscal 2025. In contrast, the company improved its balance sheet, progressing towards key objectives

Brazilian footwear industry eyes recovery despite growing trade pressures

Nov 28, 2024 / Brazil
The Brazilian footwear industry is expected to surpass pre-pandemic production levels in 2025. However, rising low-cost competition from imports poses challenges to local manufacturers

Capri reshuffles Michael Kors leadership team

Nov 28, 2024 / United States
Capri’s CEO John D. Idol will assume the additional role of CEO of Michael Kors, succeeding Cedric Wilmotte. Philippa Newman has been promoted to Chief Product Officer of the brand

Sports goods manufacturer Le Coq Sportif placed in receivership

Nov 28, 2024 / France
The French sportswear company that supplied the uniforms for the country’s Olympic team has been placed under judicial reorganisation by the Paris Commercial Court. It is now seeking new financing solutions

Robert Barakett ventures into the footwear segment

Nov 27, 2024 / Canada
The Canadian-based brand is set to launch its first footwear collection, featuring Italian-made shoes, for the fall 2025 season. Eric Edmonds, with decades of experience, will lead the new division

Third quarter net sales fall at Shoe Carnival despite strong back-to-school season

Nov 27, 2024 / United States
The US-based retailer has reported a 4.1% year-on-year fall in net sales in the third quarter, hit by a shift in the retail calendar, two hurricanes that disrupted many of its stores and prolonged warm weather that delayed boot season
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