News
Aldo teams up with Brook Brothers
Authentic Brands Group (ABG) and the Canadian-based Aldo Group have entered a partnership to expand Brooks Brothers' assortment of men's footwear and small leather goods
John Lewis to source all leather from high-welfare farms in the UK
The British retailer has announced that 100% of the leather used in its label sofas and chairs will be sourced from the higher welfare farms in the UK that supply Waitrose beef
Positive perspetives for footwear businesses
In this edition of the Business Conditions survey, we asked our panel of experts to share their expectations about the health of the future business in the next semester. Read about the conclusions below
Rockport files for Chapter 11 bankruptcy proceedings
The Massachusetts-based footwear company filed for Chapter 11 bankruptcy in a District Court in Delaware. Meanwhile, its CEO, Gregg Ribatt, has resigned
Puma reorganizes its global marketing organization
This major reorganization of Puma’s global marketing organization includes the relocation of the Brand Management and Marketing Operations from Boston to the Germany's headquarters
Stitch Fix announces new CEO
The US-based personal styling company appointed Matt Baer, former Chief Customer & Digital Officer at Macy's, as its new Chief Executive Officer and member of the Board of Directors
Portugal: students engage in Shoes Your Life activities using Virtual Reality
Twenty students participated in the Shoes Your Life learning and training activities in São João da Madeira, Portugal, where it was showcased the project's Virtual Reality App, designed to attract young people to STEAM Education
H&M releases second quarter sales development
The Sweden-based fast fashion company has reported that net sales in local currencies in the second quarter of fiscal 2023 were “flattish”, as compared to the same quarter of last year
Samuel Ross reimagines Timberland's boot
Samuel Ross, the founder of A-Cold-Wall, has collaborated on Timberland's latest Future73 capsule collection, which invites designers to reimagine its iconic boot on the occasion of the brand's 50th anniversary
Average footwear prices expected to increase
In the latest edition of the World Footwear Business Conditions Survey, our panel members predicted an increase of 7.3% in footwear prices over the next six months. Get free access to the report with the main conclusions
Spanish footwear exports increase in the first quarter
In the first three months of 2023, Spanish footwear exports increased by 21% in value due to the impact of inflation, but remained below pre-pandemic levels in volume terms
Burberry reports full year revenue growth
The UK-based luxury group has posted a 10% rise in revenue during fiscal 2023 from the prior year, underlining a rebound in performance in the Mainland China in the fourth quarter
VF Corp opens new distribution centre in California
The US-based footwear group has announced the start of operations at its new distribution centre in Ontario, California. During peak periods, it will employ around 550 people
Keen footwear lowers its prices
The Oregon-based footwear company is lowering its prices to give some relief to consumers in this inflationary environment
Next reportedly in talks to sell Reiss
The UK-based fashion retailer is reportedly considering selling its 51% stake in Reiss, in a deal that would value the British fashion brand at more than 500 million British pounds
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