Companies
Nike and Rtfkt studio release first digital sneakers
The collection of eight co-branded digital sneakers, dubbed Nike Cryptokicks, is modelled after the Nike Dunk sneaker and signs the brand’s entrance into digital clothing
Puma reports sales growth of 20%
The German-based sports giant reported a strong first quarter in 2022. However, Puma decided not to raise its full year outlook due to the increased uncertainty in the world
UGG releases second carbon-neutral collection
The brand has unveiled its second carbon-neutral collection for the Spring/Summer of 2022. By fall, it will release the first Classic style with sheepskin sourced from regenerative agriculture farms
Steve Madden raises 2022 guidance
The New York-based designer and marketer of footwear, accessories and apparel for women, men and children reported record revenue of 559.7 million US dollars in the first quarter of 2022
Stella posts revenue growth
The Hong Kong-based footwear manufacturer and retailer has reported unaudited first quarter results for 2022. Revenue in this period totalled 383.3 million US dollars
Golden Goose partners up with Coronet
The luxury sneaker brand and the Milan-based producer of synthetic and plant-based leather alternatives are opening a shared R&D centre in Milan to develop sustainable solutions
Skechers announces sales increase
The US-based footwear giant has reported record first quarter sales of 1.82 billion US dollars, which reflects an increase of 26.8%, as compared to the same period of last year
Puma launches testing phase of Re:Suede experiment
The company has started distributing the 500 pairs of its experimental biodegradable model to participants in Germany to determine if it will endure everyday use and biodegrade properly
Merrell launches beta version of shoe adviser app
The Wolverine Worldwide brand partnered up with the smartphone 3D body scanning technology NetVirta to launch a mobile app that ensures accurate shoe fit recommendations
Covestro: towards a climate-neutral future
We spoke with Tony Wu, Global Product Manager for Textile Coatings, and Dr. Dirk Achten, Head of Modern Coatings & Adhesive Technologies, to discuss how sustainability and innovation fuel the company’s growth, and which solutions best serve the footwear industry
Kering reports solid performance
The French-based luxury group posted solid growth in the first quarter of 2022. However, COVID-19 restrictions in China since March have weighed down on results, especially Gucci’s
Vapesol opens industrial unit dedicated to EVA soles
The investment, which amounted to around 2 million euros, will enable the Portuguese soles manufacturer to answer the increasing demand of customers for this type of sole
Taiwanese footwear manufacturer Hong Fu to invest in Tamil Nadu
Hong Fu, whose clients include Nike, Puma, Converse and Vans, will invest 1 000 crore (about 131 million USD) to build a new footwear unit in Southern India that is expected to create 20 000 jobs
Caleres on track to meet ESG targets by 2025
The footwear group published its 2021 environmental, social, governance (ESG) report, sharing. Some ESG commitments have already been achieved
Crocs appoints first Vice President and Global Head of Sustainability
The company named Deanna Bratter for the newly created role of Vice President, Global Head of Sustainability. The appointment reinforces Crocs commitment to achieve net-zero by 2030-
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