World Footwear

Footwear

Brazilian footwear production to grow at a lower rate in 2023

Dec 30, 2022 / Brazil
As the year closes with an estimated growth of 3%, Brazil's footwear production rate is expected to decline to 1.6% in 2023 due to the macroeconomic slowdown and the gradual return of China to the global market

Indian's leather footwear exports grew by 32%

Dec 29, 2022 / India
From April to October 2022, India's leather footwear exports rose by 32%, year-over-year, reaching 1.46 billion USD. This segment represented about 45% of total India's leather exports

Mizuno's Innovation Centre in full swing

Dec 28, 2022 / Japan
After three years since the announcement of the investment, the Osaka-based sportswear company reported that its Innovation Centre, called Mizuno Engine, is now operating

UK Boxing Day footfall declines by 15.3% over pre-pandemic levels

Dec 28, 2022 / United Kingdom
On a comparable basis to 2019, UK in-store footfall was down by 15.3% this past Boxing Day, mostly due to rail strikes, travel disruptions and the rising cost-of-living, says RetailNext

Under Armour appoints new CEO

Dec 27, 2022 / United States
The Baltimore-based company has announced the appointment of the current President of Marriot International, Stephanie Linnartz, to the role of President and Chief Executive Officer

Scotch & Soda announces new footwear licensee

Dec 27, 2022 / Netherlands
The Amsterdam-based fashion brand has signed a worldwide licensing deal with Bos Group International for the design, production and distribution of the brand’s footwear collections

Employment in the sector not expected to grow in 2023

Premium ContentDec 26, 2022 / Business Conditions Survey
According to the perspectives of the most recent edition of the World Footwear Business Conditions Survey, conducted in November, employment in the footwear industry should stabilize or decrease in the next few months

Brazil: footwear exports decelerate but year-to-date performance is positive

Dec 23, 2022 / Brazil
The slowdown of Brazilian footwear exports is in line with the worsening of international macroeconomic conditions, but year-to-date performance remains overall positive

Koi footwear launches Teletubbies-inspired collection

Dec 23, 2022 / United Kingdom
The Manchester-based vegan and gender-neutral footwear brand released its first collab with the nostalgic 90s TV show, the Teletubbies, loyal to Koi's "intrinsically weird and wacky energy"

Saysh lands in Canada

Dec 22, 2022 / United States
The US-based women's footwear brand led by Allyson Felix announced the expansion of its delivery service to all Canadian provinces. Canada becomes Saysh's first international market

Marita Moreno opens sustainable concept store

Dec 22, 2022 / Portugal
Downtown Porto is the new home of the sustainably-focused Portuguese brand. Located at the Village by BOA Hotel, at Bonjardim street, the space features an assortment of various brands curated by Marita Moreno

Nike posts revenue growth

Dec 22, 2022 / United States
In the second quarter of fiscal 2023, the sportswear giant posted a revenue increase of 17%, year-over-year, driven by discounts and increased promotions to reduce the inventory excess

JD Sports sells 15 non-core fashion brands to Frasers Group

Dec 21, 2022 / United Kingdom
The deal, worth 47.5 million British pounds (around 57.6 million USD), will enable the UK-based retailer to focus on the international and digital expansion of its core platforms

Designer Brands acquires Topo Athletic

Dec 20, 2022 / United States
The parent company of DSW announced that it has bought the US-based retailer specializing in footwear for running, walking, and hiking, thus reinforcing its brand-building strategy

Vans and Timberland release first-ever collaborative capsule

Dec 20, 2022 / United States
By the occasion of the 30th anniversary of Vans' iconic Half Cab, the two VF Corp brands have teamed up for the first time to create a hybrid silhouette that fuses both their DNAs
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