Footwear
adidas to release existing YEEZY products this May
The giant sportswear announced it will begin selling some of the remaining inventory of adidas YEEZY products, with an initial release at the end of May 2023
VF reports a revenue decline
The US-based company posted a decrease in revenue and profits in the last quarter of fiscal 2023, but stressed that it has already improved its performance in terms of supply challenges
Authentic Brands Group eyeing Hunter Boots
New York-based ABG, the owner of Reebok and Ted Baker, is one of the possible bidders for Hunter Boots, the Wellington boots specialists
JD Sports delivers solid performance
According to the group's latest update on fiscal 2023, the UK-based retailer saw its revenue and profit before tax and adjusting items grow year-over-year despite supply chain challenges
German footwear manufacturer EOD declares insolvency
The company, known for the Groundies shoe brand, has filed for insolvency proceedings with the Freiburg District Court with the aim of restructuring itself to get back “on solid ground”
GianPaola Pedretti, Exhibition Manager of Expo Riva Schuh & Gardabags: we are confident it will return to its peak levels by next year
With the footwear and accessories goods market on the upswing, expectations are high for the next edition of the Expo Riva Schuh & Gardabags. We spoke to GianPaola Pedretti, Exhibition Manager, to get an overview of what to find from the 17th to the 20th of June in Garda
Portuguese footwear goes to school to prepare the generation of the future
The Portuguese Footwear, Components, Leather Goods Manufacturers' Association (APICCAPS) will carry out a three-years initiative in schools to attract a new generation of talent to the sector
Hands-free shoe brand Kizik opens its first store
The Utah-based manufacturer of hands-free footwear opens today its first-ever brick-and-mortar store near Salt Lake City at Fashion Place Mall, one of the state's premier shopping centres
Vulcabras posts a 54.8% increase in net profit
The Brazilian-based company of sports footwear reported “strong growth” in the first three months of the year, despite an “unstable macroeconomic scenario and a challenging retail environment”
Rocky Brands records a sharp decline in net sales
The Ohio-based footwear manufacturer reported a 33.9% decline in net sales in the first quarter of 2023 from the same period a year earlier due to excess inventory at many of its customers
Wolverine Worldwide reiterates full year outlook
The US-based company posted a first quarter revenue decline in 2023 of 2.5% year-over-year, but delivered earnings slightly above its expectations, thus reiterating its yearly guidance
Puma appoints new Managing Director for the Indian business
The German-based sportswear company appointed Karthik Balagopalan to the role of Managing Director of Puma India, one of its fastest-growing markets, effective on the 1st of August
Asics net sales grow by 45%
The Japan-based sportswear company posted a net sales growth of 44.6% in the first quarter of 2023, as compared to the same period of last year, driven by the rebound of the Asia region
Allbirds co-founder Tim Brown takes on a new role in the company
The co-founder and co-CEO of the Californian-based footwear brand has stepped down from his CEO role into Chief Innovation Officer. This move comes amid a round of lay-offs as losses mount
Yue Yuen first quarter revenue decreases
The Hong Kong-based group revealed that its early 2023 revenue has declined due to lower global footwear demand against a backdrop of “relatively high inventory levels” across the industry-
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Footwear Consumer 2030
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