Companies
Genesco reports full year sales decline
Despite a slight improvement in the fourth quarter of fiscal 2024, the company’s full-year net sales were down as compared to the prior year. Genesco expects the market environment to remain challenging in the first half
Foot Locker reports slight improvement in sales as year ends
The US-based sportswear retailer reported better-than-expected fourth-quarter results, with sales up by 2.0% on a comparable basis to the same period of 2022
Allbirds completes two international distributor deals
The sustainable footwear brand has signed two distribution agreements covering Australasia and Japan. Moving from direct sales to a distributor model is part of its strategic transformation plan
Prada’s full year profits surge by 44%
The Italian-based group ended 2023 with a 17% growth in revenue and a 44% rise in profits, as compared to the previous year, boosted by the desirability of its Prada and Miu Miu brands
Geox appoints new CEO amid slowing sales
The Italy-based footwear group has confirmed a slowdown in sales in 2023, a year marked by “strong uncertainty”, and has announced the appointment of Enrico Mistron as its new CEO
World Footwear Voices: interview with Kubilay Genckan from Alibaba.com
Today we bring you a conversation with Kubilay Genckan from Alibaba.com. Watch the new episode of the World Footwear Voices dedicated to discussing some of the pressing issues around the business of B2B platforms
Net sales decrease at Rocky Brands
The US-based footwear company reported a 9.3% year-over-year decline in net sales in the fourth quarter, a slight improvement from the previous quarter. For the full year, net sales were down by 25.0%
Impact of COVID-19 in the supply chain
In the latest edition of the World Footwear Business Conditions Survey, we asked our experts about their opinion on the impact that the COVID-19 pandemic had on the location of footwear production for major international brands
Hoff partners with Newmark Retail to fuel European expansion
The Spanish footwear brand has appointed the strategic retail property advisor Newmark Retail UK & EMEA to support its national and international retail growth strategy
Solid fourth quarter for Steve Madden
The New York-based designer and marketer of footwear, accessories and apparel ended its fiscal 2023 with a solid performance, despite a decline in full year revenue and profits
VF-owned Dickies names new vice president of global marketing
The US-based workwear brand, owned by VF Corp, has appointed Denise Anderson as its new vice president of global marketing. She joins the brand from Smartwool, also part of the same company
Puma achieves full year sales growth despite a weak fourth quarter
Amid a “volatile environment”, Puma posted currency-adjusted sales growth of 6.6% year-on-year in 2023. Results would have been better had it not been for the devaluation of the Argentine peso in the last quarter, it added
adidas continues the release of Yeezy existing products
The German-based sportswear company has announced a further release of Yeezy inventory with a range of existing products to be made available globally in phases over the coming weeks
World Footwear Voices: interview with Marco Guazzoni from Vibram
Today we bring you a conversation with Marco Guazzoni Sustainability Director at Vibram. Watch the new episode of the World Footwear Voices
Wolverine Worldwide ends 2023 in the red but is optimistic about a turnaround
The company posted a revenue decline of 20.8% year-over-year and a diluted loss per share of 1.15 US dollars in the fourth quarter of 2023, but is optimistic about the outcome of its turnaround plan-
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