News
Argentinian footwear industry should grow by 10% over 2019
The forecast is from the President of the Chamber of the Footwear Industry, who noticed that companies would still be working at full capacity to meet demand at least in the first week of December
Crocs buys Heydude
The US-based brand of causal footwear has announced that it will acquire the casual footwear brand Heydude for 2.5 billion US dollars. The transaction should close in the first quarter of 2022
Footwear consumption with moderate growth in 2022
We asked our panel about their expectations regarding the evolution of footwear consumption in 2022, both in their home countries and globally. Expectations are cautious, despite the growth forecast, as a moderate rise is anticipated
Mind launches innovative software for shoe designers
Mind ShoeDesign is an innovative software developed under the Portuguese FOOT4U R&D Project, which enables the visualization and editing of shoes’ models in both 2D and 3D, assisting shoe designers throughout their creative process
Owner of Havaianas invests in Rothy’s
The Brazilian company Alpargatas will acquire a stake of 49.9% of the Californian-based sustainable lifestyle brand in a two-step transaction
Brazil: volume of footwear exports exceeds pre-pandemic levels
From January to November 2021, Brazil exported 110.77 million pairs of shoes, which reflects an increase of 31% and 5.6% in volume from the same period of 2020 and 2019, respectively
Skechers teams up with Hoop ’Til It Hurts Foundation
The company has launched a line of children footwear to support the Foundation’s mission of helping children in underserved communities across the US find lifelong success through basket
Nike posts solid performance
The US-based company reported strong performance in the second quarter of fiscal 2022, driven by sales in the North America region, and amidst ongoing impact of supply chain disruptions
Capri on the way to achieving full LWG certified sourcing
The group has said in its 2021 corporate social responsibility report that 85% of the leather sourced by its brands came from Leather Working Group (LWG) gold and silver-rated tanneries
Shoe Carnival offers same-day delivery service
The footwear retailer has partnered up with the technology company DoorDash to provide a same-day delivery service for US customers residing within 12-miles of the nearest store location
ABG teams up with JD Group to expand Reebok
The company has announced a partnership with JD Sports, which will sell the sportswear brand’s products in 2 850 stores and e-commerce platforms across North America and Europe
ABG takes Reebok to India
ABG has signed a long-term licensing agreement with ABFRL, confering the Indian company exclusive rights to distribute and sell Reebok products in India, Bangladesh, Bhutan, Maldives, Nepal and Sri Lanka
Launch of Pact of Skills for the European Fashion Industry
The TCLF Pact of Skills is an initiative promoted by the European Commission to support the investment in upskilling and reskilling across the fashion industry
Inditex reports record revenue
The Spanish-based fashion group announced record revenue and profit in the third quarter of 2021. Overall, revenue for the first nine months of the year totalled 19.3 billion euros
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