Companies
Puma announces full year sales jump
In 2021, the German sportswear giant’s revenue grew by 32% over 2020, reaching 6.81 billion euros, driven by the Americas region’s performance. Puma also reported achieving a record EBIT
Vietnam is now responsible for 10% of the world footwear exports
The Asian country has been on the top 3 of the largest footwear exporters since we started to publish the World Footwear Yearbook in 2011. However, in 2020, for the first time Vietnam has crossed the 10% threshold
ABG strengthens partnership with Foot Locker to expand Reebok in the US
The footwear retailer will widen its assortment while exclusively offering selected Reebok footwear models, for all, in its owned-stores and complementary e-commerce websites in the US
JD delays final results for fiscal 2022 but raises outlook
The UK-based retailer has reported that the performance positive of the Holidays continued into January, so, “full year results are expected to be slightly ahead of previous expectations”
Hermès posts strong performance in 2021
The French-based luxury group reported an increase in revenue of 42% at constant exchange rates, and 41% at current exchange rates, as compared to 2020, reaching 8.98 billion euros
Allbirds launches new resale platform
The ReRun resale platform, launched in partnership with Trove, a provider of recommerce services, is part of the Californian-based company’s holistic commitment to sustainability
Crocs completes the acquisition of Heydude
The US-based brand of causal footwear, famous for its clogs, has announced to have completed the acquisition of the casual footwear brand Heydude
Crocs announces record revenue
The US-based company of casual footwear has reported revenue increase of 66.9% in 2021, reaching 2.3 billion US dollars. For 2022, Crocs is expecting to exceed revenue growth by 20%
Brazilian footwear launches series on sustainability
The ten-episode international series is part of a campaign, to be launched this year, that intends to reposition Brazil as a sustainable player worldwide
Under Armour announces fourth quarter and full year 2021 results
The Baltimore-based group has reported revenue growth of 27% in 2021, reaching 5.7 billion US dollars, as compared to the prior year. In the fourth quarter, revenue totalled 1.5 billion US dollars
Asics partners up with virtual training platform
As part of the company's digital expansion strategy, Asics is joining forces with the online platform Zwift to create online running experiences that can assist runners achieving their goals
Tapestry announces record quarterly sales
The New York-based luxury group, owner of Coach, Kate Spade and Stuart Weitzman, improved its outlook for fiscal 2022 after reaching 2.14 billion US dollars revenue in the second quarter
Anna Yona: we all need to be part of the solution
We have spoken to Anna Yona who founded the German company Wildling Shoes alongside her husband, Ran Yona, in 2015, to find out a bit more about its innovative concept of healthy shoe and how one original idea grew into a brand awarded for its design and quality standards
Bolflex promotes a circular economy
The Portuguese company of footwear components has announced to have recycled 1 200 tons of raw material in 2020, doubling the quantity as compared to the previous year-
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