Companies
Columbia Sportswear lowers full year outlook
Despite a revenue growth in the first half of the year, the US-based sportswear company has decided to cut its full year outlook based on a growing economic uncertainty environment
Under Armour announces first quarter results
The Baltimore-based company held its own in the first quarter of fiscal 2023, reporting a flat revenue of 1.35 billion US dollars, but is cutting its profit forecast for the full year
Sebastian Öhrn (Myrqvist): companies are moving towards more ownership of their brands and products
Today we talk with Sebastian Öhrn, founder of the brand Myrqvist. After organising a successful Kickstarter campaign, Sebastian created a business where we decided to cut out middlemen and sell its shoes directly to customers online and via a flagship store in Stockholm
New Chief Executive Officer for JD Sports
The retailer of sports, fashion and outdoor brands, announced that Régis Schultz has been appointed as new Chief Executive Officer
Hoka drives growth for Deckers Brands
The Californian-based group reported that Hoka's net sales rose by 54.9% in the first quarter of fiscal 2023, as compared to the same quarter of last year, reaching 330.0 million US dollars
Tapestry announces retirement of COO Tom Glaser
The New York based fashion house, owner of brands Coach, Kate Spade and Stuart Weitzman, has also announced Scott Roe is to be appointed to the dual role of CFO & COO of Tapestry
Prada reports strong first half
The Italian-based luxury group posted a net sales of increase of 22% in the first semester, as compared to the same period of the prior year, and is on track to meet midterm targets
New Generation: meet Stéfanie Branco from Asa Leather Work
With a background in architecture, she attended the Specialist Technician Course in Footwear Design at CFPIC in 2017 and 2018. She also did several training courses that contributed to the launch of her sustainable leather goods brand Asa Leather Work (ASA)
Giovanna Ceolini appointed acting Chair of Assocalzaturifici
Currently serving the Italian Footwear Manufacturers' Association as Vice Chair, Giovanna Ceolini will take on the role of acting Chair of Assocalzaturifici. This will be temporary while procedures for the election of a new Chair are completed
Amazon announces second quarter results
The Seattle-based online retail giant reported its second consecutive quarterly loss, but revenue was above analysts' expectations
VF reports net loss
The US-based company, owner of brands such as Vans and The North Face, posted a net loss of 56 million US dollars in the first quarter of 2023, "amid a softer consumer environment and inflationary pressures"
Hermès sales grow in the first half
The French-based luxury group posted a revenue increase in the first half of 2022, with all geographical areas recording "strong growth". Performance in Greater China bounced back in June
Capri aims at an 8 billion USD revenue goal
The group said at an Investor Day that it plans to increase the footwear and accessories sales of Jimmy Choo, Versace and Michael Kors, while also focusing on store growth
Kering reports strong performance
Despite the global macro uncertainty, the French-based group posted a solid sales growth in the first half of 2022 in each of its Houses. Yves Saint Laurent’s performance reached “new highs”
Elias Gröndal: the European footwear industry will be very strong
Today we spoke with Elias Gröndal, founder and CEO of the online footwear sourcing platform FindSourcing, now Resourced. We discussed some of the main topics impacting the footwear industry at the moment. Watch the video with our conversation-
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