Footwear
Reno completes partial restructuring
The footwear retailer has finalised a partial restructuring, keeping more than 20 stores. Meanwhile, the media reported that dozens of new creditors have registered their claims in the insolvency proceedings
Birkenstock is seeking a valuation of up to 9.2 billion USD
The German footwear company officially goes public, setting a value of up to 9.2 billion US dollars at the top end of the price range for its initial public offering (IPO)
Kurt Geiger joins London's Oxford Street
The UK-based footwear and accessories retailer has opened a flagship concept store on Oxford Street, one of the most iconic shopping streets in London
C & J Clark International recorded a decline in sales and profits in 2022
The operating subsidiary of the British footwear retailer Clarks saw its turnover and profits fall last calendar year due to supply chain issues following the COVID-19 pandemic
Ecco USA with new leadership
With the departure of Tom Berry as President and CEO, the Danish-based footwear group appointed Deniz Erda to the role of interim President of the US division
Coats Footwear collaborates with Lenzing
Coats' footwear division and the Austrian-based producer of cellulose-based speciality fibres have joined forces to create the footwear industry's first synthetic-free engineered uppers and fabrics
France Retail: the retail boat is sitting on the water waiting for the wind to pick up
After a somewhat mixed performance over the summer, highly impacted by short-lived events such as the postponement of sales due to the riots or August’s heatwave, some signs suggest that retail in France could improve next year. Consumers seem to be less pessimistic about rising prices and their personal financial situation. But it all comes down to the trajectory of inflation, and whether food and energy prices will effectively ease until the end of the year
Fortunato Frederico honoured in Italy
The Portuguese entrepreneur, who founded Kyaia in 1984, one of the largest footwear companies in the country, was honoured at the last UITIC Congress for his career in the industry
Nike announces first quarter results
The US-based sportswear giant reported an increase of 2% on both a reported and currency-neutral basis in the first quarter of fiscal 2024, as compared to the same period of last fiscal year
Dr Martens to launch a pilot shoe repair service in the UK
The iconic British footwear brand has plans to launch a shoe repair service in the UK next month, with a view to later expanding the service to continental Europe
UITIC Congress ends on a positive note
The 21st edition of the UITIC Congress ended last week on a positive note, calling on companies to pursue digital transformation to be more innovative and sustainable. Sergio Dulio replaced Yves Morin as President of UITIC
Simac Tanning Tech returns to pre-pandemic levels
Final figures confirm a return to pre-pandemic levels, with a 37% increase in buyers and a 14% increase in exhibitors, as compared to the September 2022 edition, says the organisation
Argentine footwear production increased by 14.5% in July
The production of footwear and its components in Argentina grew by 14.5% in July and 3% in the first seven months of 2023, as compared to the same period of last year
First black-owned shoe factory in the US launches its first sneaker
Designer Brands and Pensole Lewis College of Business & Design have unveiled the first product to roll out from their JEMS by Pensole factory, the first Black-owned footwear factory in the US
Leder & Schuh on growing mode
The Austrian-based footwear retailer posted a 25% increase in revenue in 2022, as compared to the previous year, and added that sales have continued to grow so far this year-
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Footwear Consumer 2030
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