World Footwear

News

Golden Goose valued at up to 1.86 billion euros for IPO

Jun 14, 2024 / Italy
The Italian luxury sneaker company is targeting a market capitalisation of up to 1.86 billion euros in its initial public offering on the Milan stock exchange, below earlier expectations

New majority shareholder at Dr. Martens

Jun 14, 2024 / United Kingdom
The British footwear company has announced that the Guernsey-based IngreGrsy has acquired a 38.46% stake in the brand as part of a restructuring within owner Permira’s buyout fund

UK retail sales pick up slightly in May

Jun 13, 2024 / United Kingdom
UK retail sales rose by a modest 0.7% year-on-year in May, following an April that was hit by an early Easter and poor weather. Online non-food sales appear to have turned the corner, says the BRC

White Mountain to expand into the male segment

Jun 13, 2024 / United States
The US-based label, owned by the American Exchange Group, continues to expand into different product categories. It has now announced plans to enter the men’s and boys’ footwear segment

Brazilian footwear exports remain in the red

Jun 12, 2024 / Brazil
Brazilian footwear exports are still in the red. In the first five months of the year, footwear exports fell by 25% in volume and 22% in value, as compared to the same period of last year

JD.com partners up with Inditex

Jun 12, 2024 / China
The Chinese e-commerce retailer has partnered with the fashion retailer to launch a Massimo Dutti flagship store on its marketplace, as part of Inditex’s efforts to meet the needs of China’s digital consumer base

ShoeGAME: first footwear industry game already being tested in schools

Jun 11, 2024 / Portugal
To attract young talent to the industry, a European footwear collaboration has launched the first-ever industry game for students. This innovative approach is now being tested in schools

JD Sports announces full year results

Jun 11, 2024 / United Kingdom
The UK-based sportswear retailer has announced its unaudited results for the year 2024, highlighting a strong revenue performance despite a challenging macro environment

Employment levels in the footwear industry expected to stabilise

According to the latest edition of the World Footwear Business Conditions Survey employment levels in the footwear industry should remain stable over the next semester. Read all the main conclusions of the survey today

Giovanna Ceolini: We have many tough challenges on the horizon

Premium Content Jun 10, 2024 / Italy
We spoke to Giovanna Ceolini, recently re-elected President of Assocalzaturifici until 2027, to explore the association’s key priorities for the future in the face of a challenging economic climate. We also discussed the upcoming edition of MICAM, which has recently moved to a three-day format

Genesco reports net sales decline

Jun 7, 2024 / United States
As it continues to execute its strategic plan to turn around the Journeys business, the US-based company has reported a 5% year-on-year decline in net sales in the first quarter of its fiscal year

New brand president at The North Face

Jun 7, 2024 / United States
VF Corp has announced the appointment of Caroline Brown as Global Brand President of The North Face, effective from the 10th of June. As a result, she has resigned from VF’s Board of Directors

Nike job cuts reach Europe

Jun 7, 2024 / United States
The US-based sportswear giant has cut jobs at its European headquarters in the city of Hilversum, just outside Amsterdam, as part of a multi-year cost-cutting plan, said Bloomberg

Inditex posts strong first quarter

Jun 6, 2024 / Spain
The Spanish-based fashion retailer has posted a strong performance in the first quarter of the year. Sales were up by 7.1% and net income was up by 10.8%, as compared to the same period of 2023

Registration open for the next edition of Futurmoda

Jun 6, 2024 / Spain
Registration is now open for the upcoming edition of the International Exhibition of Leather, Components, and Machinery for Footwear and Leather Goods, which will take place next October from the 16th to the 17th
Page 2 of 334