World Footwear

Footwear

Crocs announces to be expecting annual revenue growth of 53%

Jan 11, 2023 / United States
The US-based company reported that is expecting to reach the record revenue of 3.55 billion US dollars in 2022, which would represent an increase of 53%, as compared to the same period of 2021

Polish companies attend Expo Riva Schuh with a collective pavilion for the first time

Jan 11, 2023 / Poland
The Polish Chamber of Shoe and Leather Industry is taking 8 companies to attend the Riva del Garda trade fair. A pavilion dedicated to the Polish industry will be presented for the first time

Maria Vittoria Brustia (Assomac): after COVID-19 customers have higher expectations regarding sustainability

Premium ContentJan 10, 2023 / Italy
Today we are happy to share an interview with Maria Vittoria Brustia, President of Assomac, the National Association of Italian Manufacturers of Footwear, LeatherGoods and Tanning Technologies. Assomac is the organizer of the Simac Tanning Tech trade fair

DSW President Doug Howe named CEO of Designer Brands

Jan 9, 2023 / United States
The North-American company has announced that Doug Howe will succeed Roger Rawlins as the company's Chief Executive Officer from the 1st of April 2023 on

Dune London expands retail footprint worldwide

Jan 6, 2023 / United Kingdom
With international sales representing 26% of its total revenue, the British footwear and accessories brand is planning to expand its presence across the Middle East, Asia, and the Americas

DC Shoes co-founder dies at 55 in snowmobile accident

Jan 6, 2023 / United States
Ken Block, the co-founder of DC Shoes and founder of the Hoonigan motor racing team, died in a snowmobile accident near his home in Utah on the 2nd of January, aged 55

Caution rises as we step into 2023

Premium ContentJan 5, 2023 / World
Following the slump caused by the COVID-19 pandemic, in 2021, most fashion brands and retailers equalled or even exceeded their pre-pandemic performances. But 2022 will hardly be a forgettable year: the world’s inflation hit levels not seen since the early 80s, leading to a sharp hike in interest rates, Russia’s ceased to be a viable market for Western brands after its invasion of Ukraine on the 24th of February, and China’s economy slowed down due to the country’s zero COVID-19 policy. And yet, despite the worst projections, for the better part of the year, the fashion industry prevailed. Nevertheless, as we enter 2023 with a global recession still on the table, it is worth looking into the year-to-date results of some of the largest companies worldwide to understand the current situation

Colombian footwear industry struggles with labour shortage

Jan 5, 2023 / Colombia
2022 was a good year for the Colombian footwear industry, says ACICAM. But rising costs and, especially, the labour shortage might slow down production in 2023

AAFA applauds nine-month extension of tariff exemption

Jan 5, 2023 / United States
The American Apparel & Footwear Association (AAFA) praised the Biden administration's decision of extending exclusions for many of the tariffs imposed by the Trump administration on Chinese imports

adidas opens first-ever Terrex store in Canada

Jan 4, 2023 / Canada
The company has opened its first Canadian Terrex store in the outdoor hub of Vancouver, Kitsilano, offering access to the full line of its outdoor-specific brand's high-end outdoor gear

Rosana Perán Bazán (Fice & Pikolinos): price is a short-term advantage but added value is forever

Premium ContentJan 3, 2023 / Spain
Watch the interview with Rosana Perán Bazán, FICE President & Grupo Pikolinos Vice-President. We had a nice conversation with Rosana to understand the state of the footwear industry in Spain, and discuss some of the pressing issues of the footwear industry

Mexico: footwear imports grow five times faster than local production

Jan 3, 2023 / Mexico
According to the Chamber of the Footwear Industry of the State of Guanajuato (CICEG), 35% of the footwear worn by Mexicans is imported. This figure will most likely continue to increase

Portuguese Shoe Museum hosts exhibition on sustainability

Jan 2, 2023 / Portugal
The exhibition 'Trend or Future? Footwear and Sustainability' introduces the public to materials, products and innovative actions that point towards a more sustainable footwear production

Skechers expands presence in Ireland with the opening of a flagship store

Jan 2, 2023 / Ireland
The US-based company has opened a flagship store on Dublin's Grafton Street, located in one of Ireland’s busiest districts, to showcase its range of offerings and comfort technologies

Cost of merchandise and raw materials is the main concern of the industry

Premium ContentDec 30, 2022 / Business Conditions Survey
In the current edition of World Footwear Business Conditions Survey, problems associated with the cost of merchandise and raw materials account for more than 80% of responses relating to the main difficulties felt by the footwear industry
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