News
Geox growth slows in 2023
The Italian-based footwear group has seen its growth slow from previous years due to a complex macroeconomic environment and unusual weather events in May and September
European Union adopts new rules against greenwashing
By 593 votes to 21, the European Parliament approved a new directive to eliminate unverified environmental claims and empower consumers to make sustainable purchasing choices
Deckers reports record quarterly revenue and earnings
The US-based footwear company has reported “record” third quarter revenue and earnings, driven by an “exceptional performance” from both the Hoka and Ugg brands
Deckers Brands CEO to retire in August
As the US-based company reported another strong quarter, it announced that Dave Power has decided to retire as President and Chief Executive Officer, effective from the 1st of August 2024
World Footwear Voices: interview with Yuly Fuentes-Medel Ph.D. from MIT
Today we bring you a conversation with Yuly Fuentes-Medel Ph.D., Project Manager for Fiber Technologies at MIT. Watch the new episode of the World Footwear Voices
Portuguese footwear goes to school to talk about sustainability
APICCAPS will carry out awareness-raising activities in 86 Portuguese schools to promote the potential of the footwear industry, value the territory and boost the local industry
A strong 2023 for Skechers
The US-based footwear company has achieved record annual sales of 8.0 billion USD in 2023, up by 7.5% year-over-year, driven by a strong performance in the direct-to-consumer channel
H&M announces results for 2023, CEO steps down
The Sweden-based group has reported a 6% growth in net sales in 2023, as compared to the previous year. However, its CEO has stepped down amid sluggish sales at the start of the year
Tod’s posts strong 2023 results
The Italian-based luxury group delivered a strong performance in 2023, highlighting the double-digit revenue growth at constant exchange rates across all its brands, as compared to 2022
Crocs brand President Michelle Poole to retire
The US-based casual footwear brand has announced that Crocs brand President Michelle Poole has decided to retire. She will be succeeded by Chief Financial Officer Anne Mehlman
Germany Retail: despite some good news, retailers continue to worry
German retailers’ worries are not over. Despite a slight uptrend in the Textile, Clothing, and Footwear (TCF) Retail index, in line with the recent positive trend in consumer confidence indicators, their concerns go well beyond nominal performance and focus on whether inflation will continue to erode margins. Put simply, passing on costs to customers or closing down altogether is still keeping them up at night. As the first quarter is traditionally slow, and the volatile geopolitical situation could change at any moment, we are cautious about making near-term forecasts
Daniel Ervér is the new President and CEO of H&M
At the same time as reporting its 2023 results, the fashion group announced a change at the top. Daniel Ervér is the group’s new CEO, succeeding Helena Helmersson, who stepped down after four years in the role
LVMH names new Chairman and CEO of Fashion Group
The French-based luxury conglomerate has named Michael Burke as Chairman and CEO of LVMH Fashion Group. He succeeds Sidney Toledano, who was appointed Advisor to Bernard Arnault
Abrameq lends its support to the CICB Sustainability Forum
The Brazilian Association of Machinery and Equipment Industries for the Leather, Footwear and Related Sectors has become a Gold Sponsor of the CICB Sustainability Forum, which will be held on the 13th of March during Fimec
Dr. Martens third quarter revenue declines
Amid a challenging consumer environment, the iconic British footwear brand recorded an 18% year-over-year decline in sales on a constant currency basis in the third quarter of fiscal 2024
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