World Footwear

Footwear

Permira to acquire majority stake in Gruppo Florence

May 31, 2023 / Italy
Funds advised by the global private equity firm Permira have agreed to acquire a majority stake in luxury goods manufacturer Gruppo Florence

Brazil: footwear consumption to increase more than 3% in 2023

May 30, 2023 / Brazil
According to the forecast by the Brazilian Footwear Industries Association (Abicalçados), in 2023 the sector's growth should take place in the domestic market

Burberry appoints Alexandra McCauley as Chief People Officer

May 30, 2023 / United Kingdom
Joining from the luxury fashion brand Chanel, Alexandra McCauley will manage Burberry’s People strategy globally. She will join the company’s Executive Committee while reporting directly to Burberry CEO Jonathan Akeroyd

France Retail: prospects for the clothing and footwear sectors are still far from positive

Premium ContentMay 29, 2023 / France
The stabilization of the pattern of weakening French consumer confidence in the first quarter of the year cannot mask the pessimism that is still being felt in the country, especially in the context of social unrest. Moreover, in this reality of high inflation, neither do price increases hide the contraction in volumes sold nor is it possible to ignore the difficulties faced by companies more exposed to the domestic market due to increased operating costs (rents and energy) or even the stagnation of the online channel. Retail prospects for the clothing and footwear sectors are, therefore, still far from positive

Lemon Jelly opens a pop-up store at Le Bon Marché in Paris

May 29, 2023 / Portugal
The Portuguese brand, known for its injected, coloured and lemon-scented footwear, can be found at Le Bon Marché Rive Gauche in Paris until the 18th of June in a colourful summer pop-up

Foot Locker lowers yearly guidance

May 26, 2023 / United States
In the first quarter of fiscal 2023, the US-based company saw its sales drop by 11.4% year-over-year due to the challenging macroeconomic backdrop, lowering its yearly guidance in result

Saucony's President steps down

May 26, 2023 / United States
Anne Cavassa, who joined Wolverine Worldwide as President of the Saucony brand in 2018, has left the company. Search for a successor is already underway

CICB Sustainability Forum will be held at the Fimec Fair in 2024

May 26, 2023 / Brazil
The CICB Sustainability Forum will once again be held during Fimec (International Fair for Leather, Chemicals, Components, Machines and Equipment for Shoes and Tanneries), in Novo Hamburgo (Brazil)

JD Sports appoints Dominic Platt CFO

May 25, 2023 / United Kingdom
British sportswear retailer JD Sports Fashion has appointed Dominic Platt as its Chief Financial Officer, replacing Neil Greenhalgh who is stepping down in the summer after four years in the role

adidas to release existing YEEZY products this May

May 24, 2023 / Germany
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

May 24, 2023 / United States
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

May 23, 2023 / United States
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

May 23, 2023 / United Kingdom
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

May 23, 2023 / Germany
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

Premium ContentMay 22, 2023 / Italy
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
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