World Footwear

News

Digital prototyping: what tools are available for the footwear industry?

Just released! A new paper dedicated to some of the new digital tools and softwares commonly used for prototyping in the footwear industry

Zalando lowers full year GMV and revenue guidance

Nov 7, 2023 / Germany
Despite confirming its 2023 profits guidance, the online retailer has lowered its GMV and revenue outlook revenue on the “expectation of continued pressure on demand for the rest of the year”

ReHubs Europe: an initiative to boost textile waste recycling

Nov 7, 2023 / Europe
After three years of preparation, the European body for the textile and clothing industry, Euratex, has officially launched the ReHubs Europe project to increase the recycling of textile waste

German industry association warns of new wave of insolvencies and closures

Nov 6, 2023 / Germany
The German Trade Association for Textiles, Footwear, and Leather Goods (BTE) recalled that repayment of state aid under the pandemic approach, increasing the pressure on an already struggling sector

10 countries were responsible for 88% of total footwear production

In 2022, global footwear production reached 23.9 billion pairs, increasing by 7.6% compared to the previous year. A group of 10 countries accounted for 88% of all footwear produce in the world

VF Corp launches turnaround plan

Nov 3, 2023 / United States
After another disappointing quarter, the US-based footwear announced the launch of Reinvent, a comprehensive transformation programme focused on improving operational performance and brand-building

Aldo Group strengthens relationship with ABG

Nov 3, 2023 / United States
The footwear group has signed a new licensee agreement with the Authentic Brands Group (ABG) concerning the recently acquired Roxy label, just a few months after inking two other deals

Business of Fashion and APICCAPS discuss the future of the footwear industry

Nov 3, 2023 / Portugal
The Business of Fashion (BoF) magazine and the Portuguese Footwear Association (APICCAPS) co-hosted a panel to discuss the future of the rapidly evolving footwear industry

Demand for Hoka and Ugg drives Deckers' growth

Nov 2, 2023 / United States
Deckers posted a 25% increase in net sales and a 79% growth in diluted earnings per share in the second quarter of fiscal 2024, as compared to the same period of last year, thus raising its full year outlook

Ferragamo acquires minority stake in three Greater China joint ventures

Nov 2, 2023 / Italy
The Board of Directors of the luxury group has announced the purchase of the minority interests held by Imaginex Holdings and Imaginex Overseas in the three Greater China joint ventures

Inditex signs a three-year agreement to buy recycled polyester for 70 million euros

Nov 2, 2023 / Spain
The owner of Zara, among others, will be collaborating with the material sciences company Ambercycle to help scale a textile made from post-industrial and post-consumer polyester waste

Skechers announces record quarterly sales

Nov 1, 2023 / United States
The US-based footwear company posted a 7.8% sales growth in the third quarter of 2023, as compared to the same period of last year, reaching a “record” 2.02 billion US dollars

Decathlon launches buyback service in all its UK stores

Oct 31, 2023 / United Kingdom
The sporting goods retailer is expanding its buyback service to all its UK stores. Customers will be given in-store credit for returning products they may have outgrown or no longer use

Puma reports third quarter results

Oct 31, 2023 / Germany
The sportswear company reported a 6.0% currency adjusted growth in the third quarter of 2023, as compared to the same period of last year, and said it is on track to achieve its full year outlook

Meet the speakers of the upcoming Word Footwear Congress

As the World Footwear Congress draws closer, we give you some more details about the speakers, who will be debating new business solutions, sustainability and circularity, and the future of labour
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