News
CK Technology is the new owner of Görtz
After a difficult year, the insolvency proceedings of the Hamburg-based footwear retailer have been completed and the company is now owned by Vienna-based CK Technology Solutions
Brazilian footwear exports on downward trajectory
In the first half of 2023, Brazilian footwear exports declined by 13.6% in volume and 3.8% in value year-over-year due to a global economic slowdown. Performance in the US market has suffered the most
Journeys launches resale programme
The footwear retailer, owned by Genesco, has teamed up with the online resale platform thredUP to launch the ‘Journeys Second-Hand’ initiative, aimed at a more environmentally-conscious generation
Sale of some of Yeezy inventory impacts positively adidas second quarter results
In its preliminary results for the second quarter of 2023, the German-based sportswear giant recorded slightly better-than-expected results, raising its full year outlook in result
Programme for the next UITIC Congress is already available
The programme for the 21st edition of the International Congress of Technical Footwear, which will take place from the 20th to the 22nd of September 2023 in Milan and Vigevano, is now fully available
Shoe Zone raises full year guidance
The UK-based footwear retailer has raised its full year profit guidance for the second time in five weeks, following an “exceptional” sales month in June
New Generation: meet José Pedro Pinto from Procalçado group
With a degree in Global Marketing from IPAM Porto, José Pedro Pinto represents the third generation to work in the Portuguese group Procalçado, the parent company of the brands ForEver, Lemon Jelly and Wock
WoolOvers Group rescues Hotter Shoes
The British footwear brand, until now run by the struggling Unbound Group, has been rescued by the natural knitwear brand WoolOvers, in a pre-pack deal worth 6.7 million British pounds (7.7 million euros)
Pakistani full year footwear exports rise in both value and volume
In the twelve months to June 2023, the Asian country saw its footwear exports increase by 13.74% in value and 35.50% in volume, as compared to the previous fiscal year
Changes in the leadership of Vans in the EMEA
VF Corp has announced that Andreas Olsson, until the past 17th Van's Vice President of Sales for EMEA, will now be the brand's new Vice President and General Manager for the region
Authentic Brands appoints new Chief Financial Officer
The New York-based brand management company has announced the appointment of Kevin Willis as Chief Financial Officer (CFO)
Uniqlo's parent company posts revenue growth
The Japanese-based company posted a 21.4% increase in revenue from September 2022 to May 2023, as compared to the same period of last year, highlighting the performance of Uniqlo abroad in the third quarter
Charles & Keith opens first store in South Korea
The Singapore-based fashion label centred on shoes, bags and accessories has opened its first flagship store in Gangnam, one of Seoul's most vibrant shopping districts
Global footwear consumption to increase in 2023
In this edition of the Business Conditions survey, we asked our panel of experts about their expectations about footwear consumption in 2023. Read the main conclusions here
JD Sports expands to the Middle East with new franchising deal
The UK-based sportswear retailer has signed a 10-year franchise agreement with the Dubai-based brand management company GMG that will allow it to expand into the Middle East
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