News
Remarkable performance by Temu owner PDD
The Chinese e-commerce group PDD Holdings reported a “pivotal” year in the company's history, with revenue up by 123% year-on-year and profits up by 146% in the fourth quarter, driven by growing demand
Join the 10th edition of the World Footwear Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!
Germany: footwear sales rose in 2023 but not yet to pre-pandemic levels
Despite a series of bankruptcies, footwear retail sales in Germany increased in 2023 by around 4% to 11.6 billion euros. However, they still remain below pre-pandemic levels
The CICB Sustainability Forum discussed Links for Traceability
An entire afternoon of debates took place at the Fimec fair in Novo Hamburgo (Brazil) bringing together professionals from the entire leather chain, including tanneries, chemicals, livestock slaughterhouses, and machinery
Caleres posts solid fourth quarter
The US-based company reported a very small increase in net sales in the fourth quarter of its fiscal year 2023, but a significant improvement in profits, as compared to the same period last year
Micam with 3 days format in September
The next edition of the Milan-based fashion trade fairs, MICAM Milano, MIPEL, TheOne and Milano Fashion & Jewels will be held at Fieramilano (Rho) from the 15th to the 17th of September 2024
World Footwear Voices: interview with Steve Lamar from AAFA
Today we bring you a conversation with Steve Lamar, President and CEO at American Apparel & Footwear Association (AAFA). Watch the new episode of the World Footwear Voices
Fimec ends on a positive note
The latest edition of the Brazilian trade fair Fimec attracted around 20 000 visitors interested in innovative solutions for hides and leather, chemicals, components, machinery and technology
Arezzo reports strong year 2023
The Brazilian footwear and accessories group has reported “record” gross revenues in 2023. This leaves it in a strong position ahead of its merger with fashion group Soma
Uncertainty for Ted Baker as UK and European arm goes into administration
The British fashion retailer is planning to appoint administrators, a spokesman for owner Authentic Brands Group confirmed on Tuesday. Hundreds of jobs are expected to be at risk
Yue Yuen reports a decline in full year revenue and profit
In line with its previous quarterly results, the Hong Kong-based footwear manufacturer reported a 12% year-over-year decline in revenue and a 7.3% year-over-year drop in profits in 2023
Kering warns of a 20% slump in Gucci sales for the first quarter
The French-based luxury group has issued a preliminary statement for the first quarter, warning of a 10% drop in sales, led by its star house Gucci
Portuguese footwear components focus on sustainability
Under the Bioshoes4All project, the Portuguese footwear components industry is investing heavily in the development of a new generation of sustainable products. Meet some of them
Futurmoda attracts around 5 000 attendees
The 51st edition of the International Exhibition of Leather, Components, and Machinery for Footwear and Leather Goods, held in Spain, closed with a final figure of over 5 000 visitors
Amazon closes 2023 with strong fourth quarter
The Seattle-based online giant ended 2023 on a high note, with a strong fourth quarter that saw significant increases year-on-year in net sales, operating income and net income
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