World Footwear

Companies

VF Corporation named one of the 100 best Corporate Citizens

May 24, 2022 / United States
The global player in branded lifestyle apparel, footwear and accessories, has been recognized by 3BL Media in its 100 Best Corporate Citizens ranking for the company’s work across people and planet, including employees, climate change, the environment and human rights, among other categories. VF ranked first in the Consumer Durables & Apparel Industry and 14th overall

Foot Locker reports solid performance

May 24, 2022 / United States
The retailer posted a slim increase in sales in the first quarter of fiscal 2022 over the same period last year, but still ahead of estimates. Revenue for the quarter totalled 2.17 billion US dollars

Bottega Veneta strengthens its footwear business

May 24, 2022 / Italy
The Italian luxury label, owned by Kering, hired the Turkish designer and artist Safa Sahin as a consultant footwear designer. The designer himself announced the news on social media

Footwear in Russia – a country snapshot

Premium ContentMay 23, 2022 / World Footwear Reports
Today, we bring you a new country snapshot, this time focusing on Russia. With a geographical area of 17 million km2, Russia is the largest country in the world and hosts 144.3 million people (2020). It is the fifth-largest economy in Europe, being one of the world’s leading producers of oil and natural gas, and a top exporter of metals such as steel and aluminum

Prada teams up with Cass on sneaker collab

May 23, 2022 / Italy
The Italian luxury house partnered up with the artist Cassius Hirst to reinvent its iconic Prada America’s Cup sneakers, through a customized capsule collection of four styles, in 22 variables

Deckers posts fiscal 2022 results

May 23, 2022 / United States
The Californian-based group reported a net sales increase of 23.8% over fiscal 2022, reaching 3.15 billion US dollars, as compared to fiscal 2021. Hoka brand grew the most

Under Armour CEO steps down

May 20, 2022 / United States
The company announced that Patrik Frisk will step down as President and CEO, effective 1st of June. Colin Browne, currently COO, will act as interim President and CEO until a new name is appointed

VF Corp announces full year results

May 20, 2022 / United States
The US-based apparel and footwear group has reported revenue growth of 28% over fiscal 2022, reaching 11.8 billion US dollars, as compared to fiscal 2021

Shoe Carnival surpasses pre-pandemic levels

May 19, 2022 / United States
The US-based retailer of footwear and accessories announced that in the first quarter of fiscal 2022 sales grew by 25.1% and EPS by 100 percentage points over the same period of 2019

Yue Yuen posts revenue decline

May 18, 2022 / Hong Kong
The group informed that despite global strong demand for its products, revenue was down by 4.% in the first quarter of 2022 due to COVID-19 outbreaks in Mainland China

Ferragamo posts revenue growth

May 18, 2022 / Italy
The luxury group reported a revenue increase of 23.2%, reaching 289 million euros, in the first quarter of 2022. Growth in Asia-Pacific slowed down due to COVID-19 outbreaks in China

Footwear prices expected to increase by 8.4%

Premium ContentMay 17, 2022 / Business Conditions Survey
According to the members of the World Footwear Business Conditions Survey prices of footwear are expected to increase over the next six months. Read all about this and all the conclusions of the survey conducted last month

Tapestry cuts outlook for 2022

May 17, 2022 / United States
Despite reporting a strong third quarter, the owner of Coach, Kate Spade and Stuart Weitzman, lowered its full year outlook, due to pressures related to the resurgence of COVID-19 in Mainland China

RE:GROUND: the sneaker made with recycled coffee grounds

May 16, 2022 / Portugal
In partnership with Nespresso, Zèta created a sneaker that uses recycled coffee grounds, inspired by the principles of zero-waste, eco-design and French style. The sneakers are made in Portugal

Wolverine Worldwide with revenue growth

May 16, 2022 / United States
Despite ongoing supply chain constraints and macro headwinds, the Michigan-based company reported a strong first quarter in 2022, confirming its full year guidance
Page 80 of 299