News
Spain Retail: the future of footwear retail is clouded for the rest of the year
It’s not all bad news. The downward trend recorded by the TCF deflated retail sales index from April onwards remains above last year’s figures, and consumer confidence is about to reach a positive threshold. However, consumer footwear prices show yet no signs of slowing down, and, above all, imports in the category seem to be declining. These two factors could in fact be a warning of a further deterioration in footwear demand in Spain by the end of the year
Caleres reiterates full year outlook and announces three-year strategic growth plan
The US-based footwear company confirmed its third quarter and fiscal 2023 guidance and introduced a three-year strategic and financial plan focused on four key areas
Portuguese footwear makes its debut at London Fashion Week
The Portuguese-based company Reve de Flo was in the spotlight on the catwalk of the English designer Patrick McDowell at the London Fashion Week
The Burberry Foundation announces programme to support young Ukrainians
The foundation set up by the Burberry Group is partnering with the organization Save the Children to launch the Life Chances programme, which aims to support young people affected by the war in Ukraine
Peru: leather and footwear production has not yet reached pre-pandemic levels
In 2020, the Peruvian leather and footwear production fell by around 30% and, despite some recovery in the following years, has not yet reached pre-pandemic levels
5 reasons to attend the World Footwear Congress in Istanbul
Carmen Arias Castellano, General Secretary at the European Confederation of the Footwear Industry (CEC), invites the global industry to join in Istanbul for the next edition of the World Footwear Congress. Watch Carmen's invitation
Atmos exits North America
The Tokyo-based sneaker retailer, owned by Foot Locker, is closing its three North American stores and the US website to focus on Japan and other Asian markets
Prada appoints Luigi Preziotti as Design Director
The Italian-based luxury group has appointed Luigi Preziotti as Design Director and also confirmed Dario Vitale in his current role as Miu Miu's Design Director
Wolverine Boots sells 140 pairs for 1.40 USD to celebrate its 140 years
The division of Wolverine Worldwide is giving 140 people the opportunity to purchase its limited-edition 1000 Mile Boot for 1.40 US dollars on the occasion of its 140th anniversary
Reno completes partial restructuring
The footwear retailer has finalised a partial restructuring, keeping more than 20 stores. Meanwhile, the media reported that dozens of new creditors have registered their claims in the insolvency proceedings
Birkenstock is seeking a valuation of up to 9.2 billion USD
The German footwear company officially goes public, setting a value of up to 9.2 billion US dollars at the top end of the price range for its initial public offering (IPO)
Kurt Geiger joins London's Oxford Street
The UK-based footwear and accessories retailer has opened a flagship concept store on Oxford Street, one of the most iconic shopping streets in London
C & J Clark International recorded a decline in sales and profits in 2022
The operating subsidiary of the British footwear retailer Clarks saw its turnover and profits fall last calendar year due to supply chain issues following the COVID-19 pandemic
Ecco USA with new leadership
With the departure of Tom Berry as President and CEO, the Danish-based footwear group appointed Deniz Erda to the role of interim President of the US division
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