Footwear
Levi’s pulls out of footwear business
The denim company has announced that it is exiting the footwear business. This is part of its strategy to focus the business as it moves towards a more direct-to-consumer business
Dr. Martens boots its sustainability efforts
The British footwear brand has announced a partnership with The Boot Repair Company to create a brand-new repair service. It has also launched a recycled leather collection and resale platform
Survey about the impact of the country of origin of footwear
The World Footwear asks all companies with experience purchasing products from the Portuguese footwear industry to complete a short survey on the impact of the country of origin of footwear
Footwear brand Heydude launched in the UK market
The Crocs-owned casual footwear brand Heydude launched in the UK last month as part of its international expansion strategy to increase global brand awareness
Japan Retail: trade did not improve at the end of 2023, but a recovery is not out of the picture
As anticipated in the previous edition of the WF Retail Japan, trade (physical and online) did not improve at the end of 2023. What’s more, the country unexpectedly slipped into recession amid sluggish consumption and pressure on retail costs due to the weak yen. However, it’s expected that the easing of consumer inflation and the recovery of wages due to labour shortages could occur in the first half of 2024 and both consumer and retailer sentiment is on an upward trend. So perhaps a modest recovery could take place soon
Deichmann reports record 2023 revenue
Despite difficult market conditions, the shoe retailer ended 2023 on a strong note. On the back of this successful year, it will invest 324 million euros in 2024 to continue to modernise its business
Zegna Group to build a new footwear factory
The Italy-based fashion luxury group will open a new footwear and leather goods factory in Parma to expand its production capacity and promote and enhance Italian craftsmanship
A slight increase in revenue for Nike
The US-based company has reported a slight increase in revenue on both a reported and currency basis in the third quarter of fiscal 2024, as compared to the same period of the prior fiscal year
Designer Brands announces fourth quarter and full year results
The North American company ended the fiscal year 2023 with better-than-expected results due to its brand portfolio, but highlighted the challenging environment it faced
Shoe Carnival delivers consistent fourth quarter results
The US-based footwear retailer reported fourth quarter and full year 2023 results in line with previous expectations, highlighting the positive contribution from the December holiday season
Fashion group OTB acquires Italian shoe supplier Calzaturificio Stephen
The Italy-based group, owner of fashion brands such as Margiela, Jil Sander, Marni, Viktor&Rolf and Diesel, has acquired a majority stake in luxury footwear manufacturer Calzaturificio Stephen
Strong 2023 for Vulcabras
The Brazilian sports footwear company reported record gross sales of 3.27 billion Brazilian reais (605.3 million euros), calling 2023 “the best year in its history”
361 Degrees reports double-digit growth
The Chinese-based activewear company ended the fiscal year 2023 with a double-digit revenue growth of 21%, as compared to 2022. The Kids business was the fastest growing over the period
Portuguese footwear manufacturer Portman reinvents itself
Founded in 1979 with a focus on the manufacture of moccasin footwear, the Portuguese company has invested in recent years to sustainably modernise its production and offer new products
Join the 10th edition of the World Footwear Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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