World Footwear

Companies

Burberry warns on profits as luxury demand slows

Jan 17, 2024 / United Kingdom
The British luxury group has once again cut its profit guidance for fiscal 2024, following a period of weak sales in December. It also warned of tough times ahead for the luxury sector as demand wanes

Portuguese footwear companies’ successful partnerships

Jan 16, 2024 / Portugal
There’s strength in numbers, a motto taken seriously by some Portuguese footwear companies that see partnerships as a lever for moving forward. Take a look at the partnerships of JAK, ESC and Lachoix

Charles Denson appointed to the board of directors of Columbia Sportswear

Jan 16, 2024 / United States
The US-based company announced the appointment of Charles Denson, a former Nike Executive, to its Board of Directors. He will serve as a director and member of the Audit Committee

Wolverine Worldwide sells Sperry to ABG

Jan 15, 2024 / United States
Authentic Brands Group (ABG) has acquired the Sperry brand from Wolverine Worldwide for 130 million USD, bringing on board the Aldo Group to design, manufacture and distribute the brand globally

Genesco lowers full year earnings guidance

Jan 12, 2024 / United States
After posting weak Christmas sales, the Nashville-based footwear company has lowered its earnings guidance for fiscal 2024. Journeys continues to struggle

Wolverine Worldwide confirms 2023 results in line with previous guidance

Jan 11, 2024 / United States
In the midst of “the stabilisation phase” of its “strategic transformation” plan, the US-based company has confirmed its guidance for both the fourth quarter and fiscal year 2023

Crocs raises fiscal 2023 guidance

Jan 10, 2024 / United States
The US-based footwear company has announced that it now expects a record 2023 revenue of 3.95 billion USD, up by more than 11% year-on-year, and slightly ahead of its previous growth guidance of 10% to 11%

ABG partners with BBC International to grow DC Shoes

Jan 10, 2024 / United States
Authentic Brands Group (ABG) has announced a partnership with BBC International for DC Shoes. BBC will design, manufacture and wholesale distribute the footwear brand in the US and Canada

New President of adidas North America has been announced

Jan 10, 2024 / Germany
adidas has announced John Miller’s return to the company as President of its North America division, effective immediately. He succeeds Rupert Campbell, who left three months ago

Genesco names new Chief Merchandising Officer for Journeys

Jan 9, 2024 / United States
The Nashville-based footwear company has named Chris Santaella as Executive Vice President and Chief Merchandising Officer of the Journeys Group, effective from the 5th of February

Owner of Havaianas appoints new CEO

Jan 5, 2024 / Brazil
The Brazilian Alpargatas has appointed Liel Miranda as Chief Executive Officer, effective from the 1st of February. He joins the company from Mondelez International’s Brazil business unit

Ecco opens first flagship store in NY

Jan 4, 2024 / United States
The Danish footwear company continues to transform its business in the US, taking another step forward with the opening of its first store in Manhattan at the end of 2023

Trading update from JD Sports

Jan 4, 2024 / United Kingdom
The UK-based sports retailer has issued a trading update for the 22 weeks to the end of December that is “slightly behind” prior expectations due to weaker consumer demand

Pikolinos posts record full year sales

Jan 3, 2024 / Spain
The Elche-based group posted a record turnover of 138 million euros in the 2023 fiscal year, up by 29% year-over-year, a significant recovery from the COVID-19 pandemic-related decline

Futureverse teams up with Reebok

Jan 3, 2024 / United States
The AI and metaverse technology and content company has partnered up with Reebok to help the footwear brand expand the ways consumers can interact with its products
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