World Footwear

Shoes

The countdown for the Safety Footwear Revolution Week is on

Nov 3, 2020 / Portugal
From the 23rd to the 26th of November 2020 a fully digital and virtual conference is being organised by AMF SAFETY SHOES, TOWORKFOR, and ALOFT with an aim to discuss and reflect on 4 main revolutions impacting the Footwear Manufacturing sector

Puma’s sales and profitability rebound in the third quarter

Nov 2, 2020 / Germany
The sales of the Germany-based sportswear giant rebounded in the third quarter of 2020 and increased by 13.3%. Notwithstanding, Puma remains cautious for the fourth quarter given the evolution of the COVID-19 pandemic

Tapestry with 14% decline in sales

Nov 2, 2020 / United States
Despite the falling sales performance registered in the first quarter of the new fiscal year, Tapestry says it is pleased with the achieved results, which are above the company's expectations

Footwear sales in the US expected to stabilize and bounce back slightly in 2021

Oct 30, 2020 / United States
The forecast is from the NPD Group, which estimates that fourth quarter sales are positioned to significantly improve over year-to-date trends

Skechers announces third quarter results

Oct 30, 2020 / United States
The California-based footwear company reported sales of 1.30 billion US dollars in the third quarter of the year, a 3.9% decrease year-over-year, but a 78.3% increase from the second quarter of 2020

Genesco appoints John F. Lambros to its Board of Directors

Oct 29, 2020 / United States
Lambros is President of GCA-US, a global investment bank. He serves as the head of GCA's digital media banking practice and is a member of its board of directors and executive committee. With this appointment Genesco's board now has eight members

adidas set to sell Reebok

Oct 29, 2020 / Germany
Fashionnetwork is reporting, based on an article by German Manager Magazin, that adidas is planning to sell its Reebok division

Joanne Crevoiserat is Tapestry's new CEO

Oct 28, 2020 / United States
The New York-based house of luxury accessories and lifestyle brands announced that its Board of Directors has appointed Joanne Crevoiserat as Chief Executive Officer, effective immediately

Crocs: third quarter revenue grew by 16%

Oct 28, 2020 / United States
Revenue totaled 361.7 million US dollars, an increase of 15.7% from the same period last year, or 15.9% on a constant currency basis. E-commerce revenue grew by 36.3%, while wholesale increased by 12.4% and retail went up by 8.9%

Brazil expects 1.2 million US dollars from digital networking meetings

Oct 26, 2020 / Brazil
According to Abicalçados the digital business networking meetings held by 20 Brazilian footwear brands with buyers from Latin America between the 24th of August and the 25th of September will likely generate 1.2 million US dollars in businesses

Ferragamo launches 3D made-to-order service

Oct 26, 2020 / Italy
The Italy-based luxury brand is teaming up with Microsoft and its technological partner Hevolus for launching an innovative service to its customers. Hevolus's Augmented Store at Home platform is based on Microsoft's Cloud Computing and Mixed Reality technologies

Footwear stores hit hard in Moscow and St. Petersburg

Oct 26, 2020 / Russian Federation
Shoe Intelligence, based on estimations by Moscow-based think tank Evotor, is reporting a 17% plunge in sales of independent footwear stores in Russia in September. Decline is more severe in Moscow and St. Petersburg

Kering overcomes expectations despite 4.3% sales decline

Oct 23, 2020 / United States
The luxury group announced consolidated revenue in the third quarter of 2020 of 3 717.7 million euros, down by 4.3% as reported. Double digit growth in North America and Asia-Pacific contributed to the period's performance

VF shows signs of recovery with higher than expected results

Oct 22, 2020 / United States
The owner of brands such as Vans, The North Face and Timberland, registered declining revenue in the second quarter (-18%). Notwistanding, VF's results have surpassed their internal expectations, which is being taken as a positive sign of recovery

361 provides operational update

Oct 22, 2020 / Hong Kong
The Board of the Hong Kong based footwear company has provided operational updates for its business segments referring to the third quarter of 2020
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