United States
Steve Madden shifts production from China to Mexico and Brazil
Driven by recent supply chain disruptions, American footwear brand Steve Madden has relocated about half of its women’s production to Mexico and Brazil from China. According to Business of Fashion (BoF) this will impact the Fall Season collection
Wolverine buys women’s activewear brand Sweaty Betty
The Michigan-based group which counts with a varied portfolio of footwear and lifestyle brands has acquired Sweaty Betty, a global fitness and lifestyle brand. The all-cash transaction is valued at approximately 410 million US dollars
Foot Locker enhances positioning in North America with acquisition of WSS
The New York-based specialty athletic retailer announced it has entered into a definitive agreement to acquire Eurostar, Inc. (WSS), a US-based athletic footwear and apparel retailer, which primarily operates on the West Coast
Foot Locker accelerates Asia-Pacific expansion with acquisition of atmos
The retailer has entered into a definitive agreement to acquire Text Trading Company, K.K., which owns and licenses the atmos brand, a digitally led, premium, global retailer headquartered in Japan
Deckers with most profitable first quarter ever
The global group of footwear, apparel, and accessories announced financial results for the first fiscal quarter ended on the 30th of June 2021, with revenue increasing by 78.2%
Steve Madden with 178.6% increase in revenue
The New York-based designer and marketer of footwear, accessories and apparel for women, men and children announced financial results for the second quarter ended on the 30th of June 2021
Skechers and Kansaïyamamoto team up on limited-edition collection
The two brands collaborated on a limited-edition collection of footwear inspired by the late Japanese designer Kansai Yamamoto. It was launched on the first anniversary of his passing, on the 21st of July
Crocs reports record revenue
The US-based brand of casual footwear reaffirms its momentum with record second quarter revenues of 640.8 million US dollars, despite supply chain disruptions. Revenue growth was strong across all regions
Skechers with record quarter sales
The US-based footwear giant has reported second quarter results. Skechers announced sales increasing by 127.3%, as a result of a 147.3% increase in domestic sales and a 113.7% increase in international sales
Nordstrom with new Chief Human Resources Officer
The fashion retailer announced Farrell Redwine as its new Chief Human Resources Officer. She will join the executive team and report to Nordstrom CEO Erik Nordstrom
Crocs commits to becoming a Net Zero company by 2030
The US-based brand known for its casual clogs says it will address the entire value chain with a strategic focus on sustainable ingredients, packaging, product afterlife and resource use
US Retail: a friendly atmosphere for retail
The consumer confidence momentum in the US is in good shape, resulting in the best results achieved in more than a year. Footwear consumer prices have increased significantly since February, and after a long year of deflation this is good news for retailers. As for ecommerce, the post-pandemic normalization is expected to brake the online impetus. However, the expectation is that the upwards online share trend will resume at least at the pre-pandemic ending point
Première Vision New York returns to physical events in July
The fashion fair returns at the end of July, in physical format, when it will receive 67 international and national companies, in what will be its first on-site event since the beginning of the COVID-19 pandemic
Peru: footwear exports recover
The latest statistics from the Chamber of Commerce of Lima reveal that Peruvian exports of footwear, between January and April 2021, amounted to 6.5 million US dollars, representing growth of 30.6% to similar period of 2020
Volume of Brazilian footwear exports reaches 2019 levels
After a year of decline due to the impacts of the COVID-19 pandemic, the Brazilian footwear sector presents signs of a significant recovery in footwear exports in the first half of 2021-
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