News
Burberry signs sustainability linked loan
The luxury group has refinanced its Revolving Credit Facility to a 300 million British pounds (358.9 million euros) sustainability linked loan, in coordination with Lloyds Bank
Portuguese footwear closes 2021 on positive note
In the first ten months of 2021, Portugal exported 58 million pairs of shoes, worth 1.41 million euros, which reflects an increase of 9% on a comparable basis to the previous year
Timberland launches take-back programme
The Timberloop scheme enables customers to return any used footwear and apparel to give them a new life. It is part of the VF-Corp-owned-brand goal of reaching full circularity by 2030
Digital, digital and more digital
Digital channels are increasingly important and during the onset of the COVID-19 pandemic, many retail businesses had to quickly adjust from in-store to digital sales. More then ever, the focus seems to be on the digital
Digital bricks trend grows
The line between e-commerce and in-store retail continues to shrink in the mind of consumers, which gives a boost to the increase of the use of technology in-store
JD Sports improves full year outlook
The UK-based retailer improved its annual profit forecast for the second time in four months, underlining the positive performance during the holidays
Imanol Martinez (FICE): sustainability is an opportunity for producers in Southern Europe
Today we bring you the second part of a conversation with Imanol Martinez, Marketing Director of FICE, the Federation of Spanish Footwear Industries. Learn his views on sustainability and challenges of the footwear industry as we are coming out of the COVID-19 crisis
Italian Government supports the leather industry
The Minister of Economic Development, Giancarlo Giorgetti, has announced a non-repayable grant of 10 million euros to support the Italian tanning industry
Sorel launches inclusive footwear line with Zappos
The brand teamed up with Zappos to introduce modifications and features to three of its iconic silhouettes to make them accessible to everyone. The line is exclusively available on Zappos adaptative
Strike at Pou Chen’s factory in Vietnam
Thousands went on strike at a factory in southern Vietnam that belongs to the Taiwanese manufacturer of branded sports footwear. Employees are demanding better year-end bonuses
Merrell donates 25 000 US dollars to the Boulder County Wildfire Fund
The brand has announced that it will not attend the upcoming Outdoors Retailer's event due to COVID-19 concerns. Instead, it will donate the saved money to the Boulder County Wildfire Fund
Crocs raises 2021 outlook
The US-based brand of casual footwear has announced that it expects revenue for 2021 to grow by 67% over 2020, raising its previous guidance of approximately 62% to 65% growth
ABG cancels its IPO application
The retail conglomerate has officially withdrawn the registration that it had made with the US Securities & Exchange Commission for an initial public offering on the 6th of July 2021
Expo Riva Schuh & Gardabags ready to open its doors
Expo Riva Schuh & Gardabags is set to safely welcome more than 500 exhibitors, representing over 32 countries worldwide, in the second event in-person since the outbreak of the pandemic, which will be held from the 15th to the 18th of January. The guarantee comes from Roberto Pellegrini, Chairman of Riva del Garda Fierecongressi, and Alessandra Albarelli, General Manager of Rival del Garda Fierecongressi, with whom we have spoken to anticipate the exhibition, but also discuss the future of the industry
Dr. Martens’ main shareholder sells part of its shares
The Luxembourg company IngreLux, owned by funds advised by the private equity firm Permira, has announced that it has sold 65 million of its ordinary shares, at the price of 4.73 eurosMedia Partners
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