The UK-based retailer intends to buy the remaining 49.98% shares in the Iberian Sports Retail Group (ISRG) for 500.1 million euros, thereby acquiring 100% ownership
The organicity and craftsmanship of materials and supplies will be at the centre of the next edition of Inspiramais, to be held from the 11th to the 12th of July in Porto Alegre, Brazil
In an environment of widespread destocking, footwear retail sales have been declining since the start of the year in the US, and despite good news such as a continuous moderation in price increases. The problem remains with the rising consumer price index for all categories, whose decreasing pace is not enough to generate an overall positive impact. Consumers are still attending to more pressing needs, and footwear is not on that list
Clergerie has been acquired by the California-based footwear company Titan Industries. The French-based luxury shoemaker had been placed into receivership on the 29th of March
The British footwear label has joined forces with the global fashion and lifestyle conglomerate Apparel Group to expand its retail footprint across the Kingdom of Saudi Arabia
In the latest edition of the World Footwear Business Conditions Survey, we have asked panel members about their expectation regarding the different retail channels for footwear. Get free access to the report and read its main conclusions
The Danish-based footwear group reported a 30% rise in sales in 2022 over the previous year, but with earnings “considerably below pre-pandemic levels”, it added that results were not satisfactory
Despite seeing its revenue grow during the fourth quarter of fiscal 2023, the US-based company posted a 28% decline in net income from the same period of fiscal 2022
The Portuguese Footwear Technological Centre (CTCP) is organizing a summer workshop for designers, footwear technicians, industry professionals and students who want to develop skills in the sector
Venezuelan footwear production may increase by about 20% this year, says Tony Di Benedetto, President of Cavecal, but growth can be compromised if industry and trade conditions do not improve
The organization of the 21st edition of the International Technical Footwear Congress, which will be held next September, received 106 abstracts on the themes of sustainability and innovation
Consumer confidence in the UK has yet to take off to somehow improve retailers’ mood in the textile and footwear sectors. Rising wages, falling energy bills and even slightly lower inflation may help brighten the atmosphere, but the uncertainty surrounding all of these factors doesn’t help retail much at present. For now, except for sticking to their previous conservative import decisions and watching closely for upcoming changes in consumption patterns, there’s little to be done
After some postponements, the Indian Government has resolved to proceed with the introduction of new mandatory quality standards for footwear and related products as of the 1st of July
The Italian label, owned by the luxury group Kering, has opened a new footwear atelier in Vigonza, in the footwear district of Riviera del Brenta, located in the Veneto region