United States
How is COVID-19 impacting footwear retail in different countries?
With the world fast approaching 180 million cases of infected people and with vaccination now in place in several countries, we bring a summary of our latest Flash Reports focused on some key markets
Brazilian footwear exports on the rise
Data released by Abicalçados, the Brazilian Footwear Industries Association, show that footwear exports in the country in April totaled 8.5 million pairs. This represents a 76% increase compared to April 2020
Stuart Weitzman reduces losses substantially
In the fiscal third quarter ended on the 27th of March 2021, Stuart Weitzman managed to significantly cut its operating losses thanks to higher revenue and a reduction in expenses
Rocky Brands with record first quarter results
Net sales of the company increased by 57.3% to 87.7 million US dollars. The wholesale segment sales increased by 69.1% and the retail segment sales increased by 42.0%. Net income increased by 278.1% to 4.5 million US dollars
Amazon to hire 75 000 people
The ecommerce giant is hiring 75 000 employees across fulfilment and transportation. Amazon announced an average starting pay of over 17 US dollars per hour. New hires who show proof of their COVID-19 vaccination receive an additional 100 US dollars
Shoe Carnival with sales jump
The Indiana-based company reported a 122.7% increase in net sales in the first quarter of 2021. Net income for the period reached 43.2 million US dollars, or 3.02 US dollars per diluted share. Shoe Carnival talks about record-breaking quarter
Will Authentic Brands buy Reebok for 1 billion US dollars?
According to what is being reported by the New York Post, the group owning labels such as Nine West and Barney’s has made a proposal of 1 billion US dollars to acquire the sports brand from the adidas portfolio
Geox: sales still impacted by stores closure
During the first three months of the year, over one third of the network stores by Geox, were temporarily closed due to lockdowns, with a particularly significant suspension of activities in the main markets (Italy, France, Germany and the UK)
Parag Desai named Chief Strategy and Digital Officer at Genesco
The Nashville-based Genescoannounced that Parag Desai has been named Genesco's Senior Vice President - Chief Strategy and Digital Officer. He previously served as Senior Vice President, Strategy, and Shared Services since December 2014
Record buying at shoe stores in the US
According to finance.yahoo.com, citing the latest data from the US Bureau of Economic Analysis, consumer spending at shoe stores and other retailers selling footwear spiked to an all-time high in March
Allbirds releases open-source carbon footprint calculator
The New Zealand-American company has released an open-source tool for fashion brands to calculate their carbon footprint
Andrew E. Page as Executive VP and CFO at Foot Locker
The New York-based specialty athletic retailer announced the appointment of Andrew E. Page as Executive Vice President and Chief Financial Officer. His appointment follows the previous announcement that Lauren B. Peters is retiring from Foot Locker
Genesco closes the fiscal year with a drop of 19% in net sales
The Nashville-based footwear group has announced year end results. Genesco registered a 19% decline in net sales for the fiscal year ended on the 30th of January 2021
Vans co-founder Paul Van Doren dies at 90
Paul Van Doren, co-founder of the Vans company has died. He was 90.The company, based southeast of Los Angeles in Costa Mesa, announced Van Doren’s death on social media-
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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
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Media Partners
Media Partners
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UNIT Publishing House
Fotoshoe
Shoe Intelligence
Revista del Calzado