World Footwear

Shoes

Ambitious launches new ladies' line

Oct 4, 2021 / Portugal
The company from Guimarães, in the north of Portugal, guarantees that the brand's focus continues to be on male models. However, the brand is experimenting in other fields and now has launched a women's line at Micam

Nike cuts revenue forecast amid supply chain disruptions

Oct 1, 2021 / United States
Despite an increase in revenue of 16% to 12.25 billion US dollars for the first quarter of fiscal 2022, the US-based company admitted that revenue growth is being limited by supply chain disruptions

Vietnam: industry struggles with extended lockdowns

Oct 1, 2021 / Vietnam
Textile and footwear industries keep struggling in Vietnam amidst strict and extended coronavirus lockdowns. Companies anticipate delays and shortages of goods, along with higher labour prices and shipping costs, as the holiday season approaches

Hotter Shoes partners up with John Lewis

Oct 1, 2021 / United Kingdom
The British comfort footwear brand will sell its shoes through the department store group John Lewis from this month on. The collaboration is part of Hotter’s new partnership strategy

Nike reports increase in revenue

Sep 30, 2021 / United States
The US-based company has announced the results for the first quarter of the current fiscal 2022. Revenue increased by 16% to 12.2 billion US dollars (up by 12% currency neutral basis)

New members added to Ferragamo's Board of Directors

Sep 30, 2021 / Italy
The Board of Directors of the Florence-based luxury group has appointed by co-optation Frédéric Biousse and Annalisa Loustau Elia as Independent Directors

LVMH plans to recruit 25 000 young people by the end of 2022

Sep 29, 2021 / France
The luxury group is launching several initiatives to provide access to training and employment for young people, under the age of 30, from all backgrounds

Felmini takes sustainable steps

Sep 28, 2021 / Portugal
The Felgueiras-based footwear company has adjusted its productive process and invested in more environmentally friendly materials to reduce the ecological footprint of its footwear

Farfetch publishes the 2020 ESG report

Sep 27, 2021 / United Kingdom
It is the first report published since the announcement of Farfetch’s 2030 sustainability goals, built on its Positively Farfetch strategy. The document highlights the environmental, social and governance initiatives taken so far, and its progress so far

Pakistan exports of footwear and leather are on the rise

Sep 24, 2021 / Pakistan
According to the Pakistan Bureau of Statistics exports of leather products, tanned leather and footwear increased in the first two months of the new fiscal year

Crocs aims at 5 billion US dollars sales

Sep 24, 2021 / United States
The US-based brand of casual footwear has announced its long-term strategy for sustainable and profitable growth. Crocs expects its revenue to increase to more than 5 billion US dollars by 2026

Bangladesh: leather industry grows in the first two months of the fiscal year

Sep 23, 2021 / Bangladesh
Although it is too early to spot a trend, in the firts two months of the new fiscal year, the leather industry in Bangladesh has reported growing exports in its categories. Other footwear (no leather) with declining exports

Foot Locker completes acquisition of WSS

Sep 23, 2021 / United States
The New York-based specialty athletic retailer has completed its acquisition of Eurostar, Inc. (WSS), a US-based athletic footwear and apparel retailer that primarily operates on the West Coast

Micam talks about a success edition exceeding expectations

Sep 22, 2021 / Italy
Micam (footwear), Mipel (leather goods and accessories) and The One Milano Special Featured by Micam (the Haut-à-Porter Exhibition) ended after three days

AAFA and Kenya Association of Manufacturers together to promote economic growth in the industry

Sep 22, 2021 / United States
The two entities signed a memorandum of understanding (MOU) to collaborate on policy areas of mutual interest through joint advocacy and information sharing on industry best practices
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