World Footwear

News

Crocs with another period of record revenue

Oct 25, 2021 / United States
The US-based brand of casual footwear announced record third quarter revenue of 625.9 million US dollars. Revenue growth was strong in all regions, despite supply chain disruptions

Hermès reports strong growth

Oct 25, 2021 / France
In the third quarter of 2021, the group’s consolidated revenue totalled 2.37 billion euros driven by an upturn in sales in Europe, an acceleration in America and a sustained dynamic in Asia

New Generation: meet João Azevedo

Oct 25, 2021 / Portugal
João Azevedo grew up in Sintra, near the sea. After studying and working in the United States, he returned to Portugal with the idea of creating an environmentally friendly slippers brand. In 2015, Cima Sandals was born

CCC announces record revenue

Oct 22, 2021 / Poland
The Polish-based footwear group reported record revenue of roughly 436 million euros (2 billion Polish Zloty) in the second quarter of 2021. E-commerce generated almost half of that figure

Under Armour appoints Massimo Baratto Chief Consumer Officer

Oct 22, 2021 / United States
The Baltimore-based company has announced the appointment of Massimo Baratto to the position of Executive Vice President, Chief Consumer Officer

US: footwear prices increase significantly

Oct 22, 2021 / United States
According to the Shoe Price Report issued by the Footwear Distributors and Retailers of America (FDRA), footwear prices are increasing at the fastest rate in over 20 years, with year-to-date prices up by 3.2%

Kering reports solid revenue growth

Oct 21, 2021 / France
The luxury group announced a steady revenue growth in the third quarter of 2021, reaching 4.19 billion euros, up by 12.2% as compared to the same period of 2020. Gucci decelerates

VF and WaterAid partner to vaccinate Cambodians

Oct 21, 2021 / Cambodia
As citizens in Cambodia are battling the pandemic, food shortages and loss of income, the US-based group, owner of brand Vans and Timberland, is helping with the vaccination process

Vietnam: industry faces contractual penalties and order cancellations

Oct 20, 2021 / Vietnam
Several Vietnamese apparel and footwear companies have incurred contractual penalties for delivery delays this year, while facing unexpected order cancellations for 2022

Jonathan Akeroyd to leave Versace

Oct 20, 2021 / United Kingdom
Global fashion luxury group Capri announced that Jonathan Akeroyd will be stepping down as Chief Executive Officer of Versace to pursue another opportunity, enabling him to return to the United Kingdom and be closer to his family

361 with new business update

Oct 20, 2021 / Hong Kong
The Board of the Hong Kong based footwear company has reported growth for the third quarter of the current year. The kids segment presented two digits growth

UK Retail: COVID-19 might be alleviating but there is still no sunrise for Retail

As vaccination levels increase and the restrictive measures are lifted the UK retail industry could be on the expectation that solid improvement would be on the way. However, Consumer Confidence has been fading away since July, and Textile, Clothing & Footwear store sales have been on a slide in the last few months. With the supply chain issues impacting the footwear industry and the lorries shortage, this could be a perfect storm for more bad news

Vietnamese footwear exports plunge in September

Oct 19, 2021 / Vietnam
Data from the Vietnamese Ministry of Industry and Trade indicates that footwear exports have decreased by 44.2% to 678.4 million US dollars, on a comparable basis to similar month in 2020

How robots help in footwear warehouses

Oct 19, 2021 / Germany
This webinar organised by Magazino will focus on the upcoming peak season and the challenges of managing e-commerce and footwear warehouses

Malone Souliers launches digital made-to-order platform

Oct 18, 2021 / United States
The London-based luxury footwear brand has launched a new digital made-to-order platform that will allow customers across the globe to customize Malone Souliers’s most iconic styles
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