World Footwear

Companies

Arche goes into administration

Feb 22, 2024 / France
The French footwear manufacturer has gone into administration due to a complex situation in the domestic and international markets. While the process runs its course, the company will continue to operate

Ugg turns leftover leather and suede into a new footwear collection

Feb 21, 2024 / United States
The Deckers-owned brand has used surplus stock and cuttings from the last few seasons to launch ReImagined by Ugg, which reimagines two of Ugg's classic styles

Sam Edelman expands into four new categories

Feb 21, 2024 / United States
The Caleres-owned footwear brand has signed four new licensing deals to expand all its three brands – Sam Edelman, Circus NY by Sam Edelman and Sam & Libby – into new categories

US market and handbags fuel growth for Kurt Geiger

Feb 21, 2024 / United Kingdom
The British footwear and accessories brand has reported strong annual results, driven by a successful international expansion strategy, particularly in the US, and “flourishing” handbag sales

Lower sales volumes impact Alpargatas’ full year revenue

Feb 20, 2024 / Brazil
The parent company of Havaianas and Rothy’s posted a decline in revenue and profits in 2023, mainly driven by lower volumes sold in both domestic and international markets

New Generation: meet Guilherme Teles Baptista

Feb 19, 2024 / Portugal
Get The Balance is a Portuguese brand of sustainable sneakers with avant-garde design that has just been launched. Find out more about this journey from the man responsible, Guilherme Teles Batista

Farfetch CEO José Neves steps down

Feb 19, 2024 / United Kingdom
Following Farfetch’s acquisition by South Korea’s Coupang in December, José Neves, who founded the luxury e-commerce platform in 2008, is stepping down from the CEO role

A strong year 2023 for Crocs

Feb 16, 2024 / United States
The US-based casual footwear brand delivered a strong performance in 2023, with revenue and diluted earnings per share up by 11.5% and 46.8%, respectively, as compared to the prior year

H&M plans up to 588 job cuts in Spain

Feb 16, 2024 / Sweden
The Sweden-based retailer plans to close a fifth of its stores and lay off up to 588 employees in Spain. H&M currently operates 133 stores in the country and employs nearly 4 000 people

Shoe Carnival Acquires Rogan’s Shoes

Feb 15, 2024 / United States
The US-based retailer has announced the acquisition of the 53-year-old footwear company Rogan’s Shoes for 45 million US dollars. It has also released preliminary results for its fiscal 2023

Puma names new head of global brand strategy

Feb 15, 2024 / Germany
The German-based company has named Julie Legrand as Senior Director of Global Brand Strategy. She has been tasked with the definition and execution of Puma’s strategy to increase brand awareness

Hermès posts full year revenue growth

Feb 14, 2024 / France
The French-based luxury group reported “an outstanding performance” across all regions in 2023, with total revenue up by 21% year-on-year at constant exchange rates to 13.42 billion euros

Deckers appoints Robin Green as President of Hoka

Feb 14, 2024 / United States
The California-based company has appointed Robin Green to the role of President of the Hoka brand. She most recently served as global vice president of Men’s Running and Fitness at Nike

Capri’s performance hit by weak consumer demand

Feb 13, 2024 / United Kingdom
The parent company of Versace, Michael Kors and Jimmy Choo continued its downward trend in the third quarter of fiscal 2024, mainly due to slower consumer demand in the Americas region

Tapestry raises full year earnings guidance

Feb 12, 2024 / United States
The owner of Coach, Kate Spade and Stuart Weitzman has raised its earnings guidance for fiscal 2024 after posting better-than-expected revenue and profit growth in the second quarter
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