World Footwear

Footwear

Parent company of Clarks posts full year net loss

Jun 14, 2024 / United Kingdom
The parent company of the British footwear retailer Clarks suffered a net loss in 2023, despite overall revenue growth. The results reflect a weak demand, with cautious consumers facing high inflation and rising interest rates

New majority shareholder at Dr. Martens

Jun 14, 2024 / United Kingdom
The British footwear company has announced that the Guernsey-based IngreGrsy has acquired a 38.46% stake in the brand as part of a restructuring within owner Permira’s buyout fund

White Mountain to expand into the male segment

Jun 13, 2024 / United States
The US-based label, owned by the American Exchange Group, continues to expand into different product categories. It has now announced plans to enter the men’s and boys’ footwear segment

Brazilian footwear exports remain in the red

Jun 12, 2024 / Brazil
Brazilian footwear exports are still in the red. In the first five months of the year, footwear exports fell by 25% in volume and 22% in value, as compared to the same period of last year

ShoeGAME: first footwear industry game already being tested in schools

Jun 11, 2024 / Portugal
To attract young talent to the industry, a European footwear collaboration has launched the first-ever industry game for students. This innovative approach is now being tested in schools

JD Sports announces full year results

Jun 11, 2024 / United Kingdom
The UK-based sportswear retailer has announced its unaudited results for the year 2024, highlighting a strong revenue performance despite a challenging macro environment

Giovanna Ceolini: We have many tough challenges on the horizon

Premium ContentJun 10, 2024 / Italy
We spoke to Giovanna Ceolini, recently re-elected President of Assocalzaturifici until 2027, to explore the association’s key priorities for the future in the face of a challenging economic climate. We also discussed the upcoming edition of MICAM, which has recently moved to a three-day format

Genesco reports net sales decline

Jun 7, 2024 / United States
As it continues to execute its strategic plan to turn around the Journeys business, the US-based company has reported a 5% year-on-year decline in net sales in the first quarter of its fiscal year

New brand president at The North Face

Jun 7, 2024 / United States
VF Corp has announced the appointment of Caroline Brown as Global Brand President of The North Face, effective from the 10th of June. As a result, she has resigned from VF’s Board of Directors

Registration open for the next edition of Futurmoda

Jun 6, 2024 / Spain
Registration is now open for the upcoming edition of the International Exhibition of Leather, Components, and Machinery for Footwear and Leather Goods, which will take place next October from the 16th to the 17th

Mixed results at Designer Brands

Jun 5, 2024 / United States
The North American company reported a slight increase in net sales of 0.6% in the first quarter, but a sharp decline in net income, as compared to the same period last year

Foot Locker reiterates full year outlook

Jun 5, 2024 / United States
Amid its turnaround plan, the US-based sports retailer reported “solid” first quarter results, in line with previous expectations, thus reaffirming its outlook for the full year 2024

Cost of raw materials and insufficient demand continues to worry the footwear industry

Premium ContentJun 4, 2024 / Business Conditions Survey
Respondents of the 10th edition of the World Footwear Business Conditions Survey reveal that cost of raw materials and insufficient demand continue to negatively impact their businesses

Ambitious teams up with Michelin Soles

Jun 4, 2024 / Portugal
The Portuguese company has teamed up with JV International (Michelin Soles) to create the Venture sneaker. The aim is to set new standards in terms of comfort and performance

Dick’s Sporting Goods raises full year outlook

Jun 4, 2024 / United States
The US-based sporting goods retailer has started the fiscal year on a positive note, with first quarter sales up by 6.2% over the same period of last year. As a result, it has raised its full year outlook
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