World Footwear

Companies

Italy with sharp fall in turnover, production and exports in 2020

Mar 11, 2021 / Italy
The COVID-19 pandemic has hit the Italian footwear industry hard, with double-digit reductions across all the main variables, according to Assocalzaturifici, the Italian Footwear Manufacturers' Association

adidas expects strong 2021 recovery as growth returned in fourth quarter of 2020

Mar 11, 2021 / Germany
The Germany-based sportswear giant announced it returned to slight growth at constant currencies in the last quarter of 2020, supported by e-commerce and retail sales. adidas is expecting strong pick up in 2021

Dick's Sporting Goods: closes 2020 with 9.5% increase in net sales

Mar 10, 2021 / United States
The Pittsburgh-based sportswear retailer announced fiscal 2020 results. The year was marked by a 9.5% increase in sales, despite the challenges of the COVID-19 pandemic

Inditex: sales down by 28% in 2020

Mar 10, 2021 / Spain
The Spanish-based retail group Inditex also generated profit of 1.1 billion euros in its 2020 financial year, with the figures attributed to a leap in online sales and strong customer engagement

Vestiaire Collective: financing round backed by Kering and Tiger Global Management

Mar 10, 2021 / France
The second-hand fashion platform announced the completion of a new 178 million euros financing round, backed by global French luxury group Kering and US investment firm Tiger Global Management

MICAMX and MICAM Milano Digital kick off

Mar 10, 2021 / Italy
From the 8th of March up to the 8th of May, the MICAM Milano Digital Show will be open for business. The show presents new products for Autumn/Winter 21/22 and the in-season Spring/Summer 2021 collections with the registered buyers meeting more than 100 brands

Retail sales down by 1.8% in Hungary

Mar 9, 2021 / Hungary
In the first month of 2021, the volume of retail sales decreased by 2.6% according to raw data and by 1.8% when adjusted for calendar effects compared to the same period of the previous year, according to data by the Hungarian Central Statistical Office (KSH)

Nordstrom sales drop by 20%

Mar 9, 2021 / United States
The Seattle-based luxury department store has announced results for the fourth quarter and fiscal year ended on the 30th of January 2021. Annual sales were down by 20%. Digital sales reached 2 billion US dollars and represented 54% of the business

Christian Louboutin sells 24% stake to Ferrari owner

Mar 9, 2021 / France
Holding company Exor and Christian Louboutin announced a partnership whereby Exor will invest 541 million euros to become a 24% shareholder in Christian Louboutin, alongside the founders and will nominate 2 of the 7 members of the Company’s Board of Directors

Join the new edition of the World Footwear Business Conditions Survey

Mar 8, 2021 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views about the current business situation and assess the main impacts of COVID-19. We also want your opinions on the post-pandemic issues. Join today! We want to hear you

UK: footfall remains low

Mar 8, 2021 / United Kingdom
With the UK still in lockdown, year on year UK footfall decreased by 73.5% in February, with only a 3.4 percentage point improvement from January. The new figures were just published and commented by the British Retail Consortium

Foot Locker names Melody Ehsani Creative Director of women's business

Mar 8, 2021 / United States
The sportswear retailer has announced Melody Ehsani as Creative Director of their women's business. The designer is set to debut custom women-centric capsule collections, as Foot Locker aims to be a leader in the streetwear world

Colombia: pronounced drop in consumption is hurting the industry

Premium ContentMar 5, 2021 / Colombia
In 2020, Colombia suffered the worst economic crisis in history, as a consequence of the COVID-19 pandemic. ACICAM, the Colombian Association of Footwear, Leather and Leather Goods, tells us how the footwear industry in the country is coping

Kate Spade with new structure for creative organization

Mar 5, 2021 / United States
The American-based fashion design house Kate Spade, owned by the Tapestry-group, today announced a new creative organizational structure designed to sharpen its focus on the consumer, drive innovation, and increase collaboration

Susie Mulder appointed Global Brand President for Timberland

Mar 5, 2021 / United States
VF Corporation, the owner of the Timberland, announced the appointment of Susie Mulder as Global Brand President of the brand. She begins in her new role on the 5th of April and will report to VF’s Chairman, President and CEO, Steve Rendle
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