Companies
Aldo Group completes restructuring process
The Canadian-based footwear and fashion accessories group announced that it successfully exited the restructuring process launched in May 2020 when it filed for credit protection amid the COVID-19 pandemic
Consumer demand across mobile apps fosters Nike's growth
The US-based sportswear giant attributed the 18% annual revenue growth in its digital business to consumer demand across its mobile apps
Japan Retail: imported inflation troubles retail despite positive signs on consumer mood
Despite positive signs regarding the consumers’ mood, which is leading the BoJ to focus on boosting domestic demand, retailers are facing imported inflation unseen for decades. So, as the yen sinks, it is more accurate to wonder whether Japanese companies’ margins can resist for much longer to fully pass on rising costs to consumers. In addition, the sanctions imposed following Russia’s invasion of Ukraine will certainly take a toll on retail, alongside persistent supply chain disruptions caused by the pandemic, even as the country moves away from those times. Since expenses on energy and food cannot be readily cut, the slack demand for footwear already observed is far from being a surprise
Lockdowns in China hit Burberry's sales
The luxury group reported in a trading update that despite an overall recovery, sales in Mainland China dropped by 35% in the first quarter of 2022, as compared to the same period of last year
Gucci partners with Ellen MacArthur Foundation
The Italian-based fashion House announced that it became a strategic partner of the Ellen MacArthur Foundation to accelerate its commitments towards a more circular economy
Abicalçados and NürnbergMesse Brasil launch Brazilian Footwear Show trade fair
The Brazilian Footwear Industries Association (Abicalçados) and the organizer of trade fairs announced on the 12th of July the kick-off of the Brazilian Footwear Show trade fair, with two editions a year
Parent of Hotter Shoes announces partner brands for new platform
The Unbound Group unveiled some brands that will feature in its multi-curated platform for its core demographic aged 55 years old or more. Birkenstock, Geox and Skechers are among them
Rikard Adolfsoon from Axel Arigato: we will continue to challenge everything
Today we bring you the first part of an interview with Rikard Adolfsoon, Supply Chain Director from Axel Arigato, which was founded in 2014 as a direct-to-consumer fashion brand. Axel Arigato has physical stores in six countries across Europe and UAE and is present online in 134 territories worldwide
US footwear industry expects sales to decline
According to the Footwear Distributors & Retailers of America (FDRA), the footwear industry is pulling back on hiring and investment due to a major forecast of weaker sales for the next six months
Coats acquires footwear materials specialist Texon
The UK-based industrial thread manufacturer acquired the developer of structural component materials Texon for 237 million USD to strengthen its presence in the athleisure footwear market
US Retail: consumer confidence collapses while footwear retail slowly loses its drive
Despite the declining trend of the monthly shoe store retail sales and persistent macroeconomic headwinds such as supply chain disruptions and the continuous rise of inflation, US companies are displaying some optimism towards the remaining year. That is not the same as saying there is no caution or concerns on the horizon. The pace of the increase in footwear prices is in fact slowing, suggesting that the pressure of demand might be no more at work in the US. The critical point is that consumer confidence collapsed due to inflation and the war in Ukraine, which might restrain consumer spending this year
War on Ukraine to negatively impact footwear
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the expectations of our panel of international footwear experts
JD Sports appoints new Chairman
The UK-based retailer announced that Andrew Higginson has been named Chair of the group, effective today, after a thorough search process carried out by the Board
AMF shares innovative solutions with the industry
The safety footwear Portuguese company held a demonstration action to introduce solutions which have, or will have, an impact on the future of the footwear industry and our planet as well
Zèta: we are always on the lookout for new waste to recycle
We spoke with Laure Babin, the CEO of the zero-waste sneakers brand Zèta. Made exclusively from recycled, vegan and recyclable materials, the shoes are designed in Bordeaux, manufactured in Portugal and sold only across Europe to reduce the carbon footprint-
-
World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
-
-
-
Media Partners
Media Partners
-
SERMA
La Conceria
Shoe Intelligence
ARS ARPEL