World Footwear

News

Nike launches Web3 platform .Swoosh

Nov 18, 2022 / United States
The US-based sportswear giant has launched a new web3-enabled platform called .Swoosh. The company intends to make it home to the brand's virtual designs and digital community

Denis Falardeau (Shoe Manufacturers Association of Canada): I am very optimistic for 2023

Premium Content Nov 17, 2022 / Canada
We spoke with Denis Falardeau, President of the Shoe Manufacturers Association of Canada, to better understand the trajectory of the Canadian footwear industry, the recent transformations in the country’s retail and why the industry is well-positioned for the future

Brazilian footwear exports slow down

Nov 17, 2022 / Brazil
The country's footwear exports decelerated for the second consecutive time in October, mainly due to the slowdown in the world's economy. Results for the first 10 months are still positive

Yeezy's partnership termination might impact adidas full year earnings

Nov 17, 2022 / Germany
The German-based giant reduced again its yearly outlook due to the termination of the Yeezy partnership last month over hate speech by its creator, Kanye West, who now goes by Ye

LVMH joins the Circular Bioeconomy Alliance

Nov 16, 2022 / France
The luxury group will be supporting the Circular Bioeconomy Alliance's Living Lab in Chad, which is developing a sustainable cotton production under a regenerative agroforestry system

Yue Yuen revenue increases

Nov 16, 2022 / Hong Kong
The group posted an 8.2% revenue growth in the first nine months of 2022, year-over-year, with the solid performance of the manufacturing business being partially offset by weak retail sales in Mainland China

Rocky Brands posts sales growth

Nov 16, 2022 / United States
The Ohio-based company reported a net sales increase of 17.5% in the third quarter of 2022, as compared to the same period of last year, amidst an escalation of macroeconomic headwinds

Japan Retail: apparel and footwear retail will hardly remain safe amidst such troubling waters

Premium Content Nov 15, 2022 / Japan
The further easing of COVID-19 border control measures brought tourists back to the stores, but the anticipated consumption-led recovery is being curbed by the high wholesale inflation, as the weak yen is inflating the costs of imports. On the other end, if the yen depreciation is fostering exports, the fear of a global economic slowdown is a bearer of bad news. Both the Apparel & Accessories Retail and the Consumer Confidence indicator are currently trending down, and not to increase prices is no longer an option. As for online commerce, now that the pandemic boosting effect is over, the competitiveness between this channel and physical retail is at stake, however, it is yet soon to claim a winner

World's largest duty-free shopping complex opens in Hainan

Nov 15, 2022 / China
Regarded as the world's largest duty-free facility, the Haikou International Duty-Free City Shopping Complex, located in the province of Hainan, China, is now open to the public

Is your company producing green goods in an eco-friendly way? - LAST CALL

Nov 15, 2022 / CEC
This is the final opportunity to participate in the survey run by the LIFE GreenShoes4All project. The questionnaire is aimed to assess the current situation in order to define future strategies to be implemented in companies

Tapestry announces first quarter results

Nov 15, 2022 / United States
The owner of Coach, Kate Spade and Stuart Weitzman posted net sales growth of 2% in the first quarter of fiscal 2023, year-over-year, lowering its previous guidance for the full year

Wolverine Worldwide posts revenue growth but below expectations

Nov 14, 2022 / United States
The company reported a revenue increase in the third quarter of 2022, but failed to meet its revenue and earnings expectations as the macroeconomic conditions continued to worsen

Sanjo launches sneaker inspired by the God of War Ragnarök game series

Nov 14, 2022 / Portugal
The Portuguese brand has launched a sneaker inspired by the God of War Ragnarök game series, marking the release of the new game on PlayStation 5 and PlayStation 4 on the 9th of November

Interview with Julia Guzenko (Giardini) from Ukraine

Premium Content Nov 11, 2022 / Ukraine
Our newest interview is with Julia Guzenko, owner of chain store Giardini, based in Ukraine. We have talked to Julia about the conditions of working in war time. Watch the video

Capri Holdings announces second quarter results

Nov 11, 2022 / United Kingdom
The fashion group, owner of Versace, Michael Kors and Jimmy Choo, reported revenue growth of 8.6% in the second quarter of fiscal 2023, driven by good performances of its three houses
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