Footwear
Foot Locker names interim CFO
In addition to his current duties as Senior Vice President of investor relations and financial planning and analysis, Robert Higginbotham will undertake the role of interim CFO of Foot Locker
EU Commissioner Virginijus Sinkevičius applauds the Portuguese Shoes Green Pact initiative
At the ceremony that introduced the Green Pact for the Portuguese footwear and leather goods cluster to the public, the Commissioner welcomed the initiative, which is “very much in line” with the goals of the European Union on this matter
Spain Retail: retailers and consumers have shown themselves resilient at the end of 2022
The Textile, Clothing, and Footwear (TCF) retail sales index has improved in the fourth quarter of last year and several companies in the category appear to be less fearful about 2023, especially after their positive annual results. Moreover, retailers’ and consumers’ confidence indicators are showing that despite some lingering pessimism due to the challenging macroeconomic environment, things won’t get necessarily worse in the short term.
Lineapelle returns to a pre-pandemic dimension with a high turnout of buyers
1 161 exhibitors from 42 countries welcomed over 24 000 buyers into their stands at the last edition of the trade fair, held between the 21st and the 23rd of February at Fiera Milano Rho
International buyers back at MICAM in full force
Buyers numbers at the last edition of the international footwear trade fair increased by 25% over the previous edition, with about half of them visiting from abroad
Clarks appoints creative specialist
The British label has appointed the artist and film-maker Set Free Richardson to the role of Clarks Originals creative specialist, building on the duo’s previous collaboration
Caleres foresees record annual sales
The US-based footwear group reported preliminary and unaudited fiscal 2022 sales and earnings ahead of previous expectations, following a stronger-than-anticipated holiday performance
Parent company of Havaianas posts profit loss
The Brazilian Alpargatas reported fourth quarter and full year results below expectations, with inflation eroding consumers’ purchasing power notably in Brazil
AAFA salutes progress in tackling growing counterfeiting problem
The American Apparel & Footwear Association (AAFA) has welcomed the US 2022 Review of Notorious Markets for Counterfeiting and Piracy, saying it echoes concerns raised by clothing and footwear brands
EU Commissioner Virginijus Sinkevičius endorses Green Pact for the Portuguese footwear cluster
On the 24th of February, the European Commissioner for the Environment, Oceans and Fisheries will chair the ceremony that will publicly launch the Green Pact for the Portuguese footwear and leather goods cluster
France Retail: inflation will yet impact retail, but there is a light at the end of the tunnel
Figures by the Banque de France suggest that retailers may have felt some relief in December 2022, but the weight of inflation in these results must not be overlooked, with turnover growing quite faster than the production itself. Moreover, the impact of inflation on footwear might yet be to be felt. French consumers tend to purchase the category during sales, but retailers may not be able to make the big discounts that would make consumers shop in a context of still significant inflation due to the need of preserving margins. However, there are signs of light at the end of the tunnel, as retailers’ and consumers’ confidence indicators show that there is room, at least, for the ceasing of confidence deterioration in 2023.
Hermès posts robust full year results
The luxury group posted a sales growth of nearly 30% in 2022 over the prior year, reaching 11.60 million euros. Despite the global uncertainty, the group is approaching 2023 with confidence
Under Armour appoints new board members
The US-based company has appointed Carolyn Everson and Patrick Whitesell as members of its Board of Directors. Moreover, long-time member Harvey Sanders will step down from the Board on the 31st of March
Brazil: footwear exports get off to a good start
Brazilian footwear exports grew in both volume and value in January 2023, year-over-year, with shipments to EU countries offsetting the drop recorded in the US and Argentine markets
Crocs reports record annual revenue
The US-based company reported having reached a “record” revenue of 3.6 billion US dollars, up by 53.7% over 2021, driven by strong consumer demand. As a result, it anticipates a strong 2023-
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