World Footwear

News

Caleres reiterates its guidance for fiscal 2023 despite falling sales and profits

Sep 4, 2023 / United States
The US-based company reiterated its full year outlook, after posting a “strong” consolidated operating margin and better-than-expected adjusted earnings per share in the second quarter

Lana Del Rey indulges in Portuguese footwear

Sep 4, 2023 / Portugal
The international artist was seen wearing a pair of Lemon Jelly shoes at the wedding of actress Margaret Qualley and singer and producer Jack Antonoff

Puma names Javier Ortega General Manager for Europe

Sep 1, 2023 / Germany
The German-based sportswear company has announced that Javier Ortega, who has been with Puma since 2009, will be its General Manager for Europe as of today

Grendene's sales decline in the second quarter

Sep 1, 2023 / Brazil
Despite posting a weak second quarter performance in 2023, the Brazilian owner of the Melissa and Ipanema brands is pleased with its first half and confident for the remaining year

ANWR and Sabu team up to strengthen German footwear retail

Sep 1, 2023 / Germany
Footwear buying group ANWR and shoe retail cooperative Sabu have joined forces to ensure the future viability of its members. Emphasis will be placed on revitalising the retail landscape and developing the workforce

Shoe Carnival lowers full year guidance

Aug 31, 2023 / United States
Despite seeing an improvement over the first quarter of 2023, the US-based retailer still posted a year-on-year decline in net sales and profits in the second quarter, thus reducing its full year outlook

H&M to reopen stores in Ukraine

Aug 31, 2023 / Sweden
The Sweden-based fashion group announced that has been in talks with Ukrainian partners and authorities to gradually reopen most of its stores in the country from November

AAFA supports California bill on greenhouse gas emissions

Aug 31, 2023 / United States
The bill proposes that companies with more than 1 billion US dollars in gross revenue doing business in the state of California must annually and publicly disclose their greenhouse gas emissions

Foot Locker further reduces its full year outlook

Aug 30, 2023 / United States
As its total sales fell for the second consecutive quarter in the three months to the end of June due to continued weak demand, the US-based retailer lowered again its full year outlook

ABG announces partnership to grow Hunter Boots in China and Southeast Asia

Aug 30, 2023 / United States
Authentic Brands Group has entered a joint venture with the Shanghai-based provider of brand management solutions Baozun to grow the Hunter brand in China and Southeast Asia

Stella Holdings' profitability improved in the first semester

Aug 30, 2023 / Hong Kong
The Hong Kong-based manufacturer reported that has seen an improvement in profitability during the first half of 2023 driven by strong customer demand for luxury, fashion and sports products

Is footwear re-shoring a myth?

With the geographical distribution of footwear production remaining relatively unchanged over the past decade, is re-shoring a myth or can we find its evidence in the numbers?

Farfetch remains optimistic despite stumbles in the second quarter

Aug 29, 2023 / United Kingdom
The UK-based luxury platform posted a small drop in revenue in the second quarter of 2023, as compared to the same period of 2022, while profits remain in the red zone since the first quarter

Amazon reports solid second quarter

Aug 29, 2023 / United States
After a strong first quarter, the Seattle-based online retail giant continued its positive trajectory, once again reporting net sales and profit growth in the second quarter of 2023

VF Corp appoints Chief People Officer

Aug 28, 2023 / United States
The US-based footwear group announced that Brent Hyder has been appointed as Chief People Office, effective from the 5th of September
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