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 evolution of footwear consumption in 2022
The Taiwanese manufacturer of branded sports footwear reported a drop of 26.1% in net profit in the first quarter of 2022 due to fewer investment gains from its Nan Shan Life Insurance unit
The Spanish footwear sector continues its upward trend. In the first quarter of 2022, its turnover was up by 25.5%, on a comparable basis to the same period of 2021
The Federal government of Pakistan has decided to impose a ban on the import of luxury goods. The measure is being announced as a preventive step to obviate the threatening default and contribute to control the escalating hike in the dollar against rupee
The luxury fashion group reported that revenue and earnings for the full year of 2022 exceeded expectations. Total revenue amounted to 5.65 billion US dollars
In the first ten months of the current fiscal year, footwear exports grew by 21.16% in value, totalling 130.1 million US dollars. Leather footwear exports represent roughly 79% of the total
The British footwear brand announced that it sold a record number of pairs (14.1 million) in fiscal 2022, which was translated into revenue growth of 18%, as compared to the prior fiscal year
The luxury house is expanding its presence on the virtual gaming platform through the immersive experience Gucci Town that contains digitized elements of the brand’s real-world offerings
The Reebok Fit to Fit collection provides styles that include features that help people with disabilities to gain more independence. The goal is to enhance everyone’s quality of life
The sporting goods retailer posted a comparable store sales drop of 8.4% in the first quarter of fiscal 2022 over the same period last year, but remains optimistic about its long-term strategy
The organisers of Hong Kong-based trade fair APLF announced a special edition of APLF ASEAN. The event will be hosted in Bangkok from the 19th to the 21st of October 2022 at the new Queen Sirikit National Convention Center (QSNCC)
The UK-based retailer has announced that the Executive Chairman Peter Cowgill, who has been leading the company since 2004, will stand down effective immediately
The Nashville-based footwear group reported a small decline in sales in the first quarter of fiscal 2023, but remains optimistic for the year ahead as inventories return to more normal levels
About two-thirds of the experts accounted for during the latest edition of the World Footwear Business Conditions Survey believe that digital retail channels will increase their share in footwear sales in the next three years