World Footwear

Shoes

adidas unveils the Stan Smith mylo made with mushroom-grown materials

Apr 19, 2021 / Germany
The Germany-based sporstwear giant has annouced its Stan Smith Mylo, the first shoe to be made using Mylo: a new mushroom-based material innovation that "looks and feels like leather"

US: threat of new tariffs in response to digital taxes

Apr 16, 2021 / United States
The United States Trade Representative (USTR) is collecting public comments on the potential implementation of tariffs to a list of goods from 6 US trading partners. Tariffs can go up to 25%. Footwear is part of the lists for some trade partners

Under Armour announces commitments to tackle climate change

Apr 16, 2021 / United States
The US-based sportswear brand Under Armour has committed to using 100% renewable energy use in owned and operated facilities by 2030 and to achieve net zero greenhouse gas emissions by 2050

Digital, Digital and more Digital

Premium ContentApr 15, 2021 / Business Conditions Survey
In the fourth edition of our Business Conditions survey, we questioned our panel members on which business-to-business marketing tools will be more important for footwear businesses in the post-pandemic world. Digital, digital and digital are the top answers

Wolverine appoints Kathleen Wilson-Thompson to its Board of Directors

Apr 15, 2021 / United States
The Michigan-based company announced the appointment of Kathleen Wilson-Thompson to its Board of Directors. The decision is effective from the 5th of May 2021 onwards

Kurt Geiger to open 9 new stores this week

Apr 14, 2021 / United Kingdom
The UK-based retailer has announced it will open nine new stores this week as non-essential retailers in England are allowed to reopen

Sustainability concerns more relevant than fashion trends

Premium ContentApr 13, 2021 / Business Conditions Survey
When asked about the factors considered to be the most relevant in determining the evolution of sales of each category of footwear, our experts’ answers point to a raising relevance of the sustainability concerns

Fire destroys Valentino factory

Apr 13, 2021 / Italy
A factory in Bucine where Italian luxury house Valentino produced its popular line of Rockstud shoes was almost completely destroyed in a fire in the beginning of April. No casualties have been reported

Sneakers and sports-related footwear expected to gain market share

Premium ContentApr 12, 2021 / Business Conditions Survey
Specialists from all over the world, gathered in our World Footwear' experts panel, believe sneakers and other sports related footwear, as well as other footwear with textile uppers, will continue to gain market share in the near future

Kering reorganizes its logistics process

Apr 12, 2021 / Italy
The group's new global logistics hub is located in Trecate (Novara, Piemonte), Northern Italy. The first part of the building has been operating since March 2020. The rest should be operational by the end of the second quarter 2021

Insufficient demand is the main difficulty faced by the footwear industry

Premium ContentApr 9, 2021 / Business Conditions Survey
We have asked the World Footwear' experts panel, gathering specialists from all over the world, about the main difficulties currently faced by the footwear companies all over the world. Insufficient demand was choosen by half of the respondents

Manufacturers more pessimistic about prices than traders

Premium ContentApr 8, 2021 / Business Conditions Survey
In our most recent edition of the World Footwear Business Conditions Survey we have asked our panel of experts about their forecast regarding the evolution of prices in the footwear industry. Find out about their answers today

New Balance appoints Creative Director for MADE In USA

Apr 8, 2021 / United States
New Balance has appointed Teddy Santis, owner and founder of New York-based fashion label Aimé Leon Dore, Creative director of its MADE In USA tagline

Asia more optimistic about quantity of footwear sold

Premium ContentApr 7, 2021 / Business Conditions Survey
In our most recent edition of the World Footwear Business Conditions Survey we have asked our panel of experts about their forecast regarding the evolution of quantities of footwear sold. Find out about their answers today

Future of the footwear industry is uncertain, but the general outlook is positive

Premium ContentApr 6, 2021 / Business Conditions Survey
The World Footwear' experts panel, gathering specialists from all over the world, is foreseeing a slight recover for the footwear industry in 2021. Access the latest report and get free access to some of the main highlights of the last Business Conditions Survey
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