World Footwear

Footwear

Interview with Julia Guzenko (Giardini) from Ukraine

Premium ContentNov 11, 2022 / Ukraine
Our newest interview is with Julia Guzenko, owner of chain store Giardini, based in Ukraine. We have talked to Julia about the conditions of working in war time. Watch the video

Capri Holdings announces second quarter results

Nov 11, 2022 / United Kingdom
The fashion group, owner of Versace, Michael Kors and Jimmy Choo, reported revenue growth of 8.6% in the second quarter of fiscal 2023, driven by good performances of its three houses

Clarks recalls shoes over toxic chemical hazard

Nov 11, 2022 / United Kingdom
The British company has issued a global safety recall of eight styles of the Breeze and Brinkley women's shoes after learning about excess levels of chemicals that can be toxic for the wearers

Ferragamo continues to grow

Nov 10, 2022 / Italy
The Italian-based luxury group posted a revenue increase of 17.2% and a net profit growth of 69.2% in the first nine months of the year, as compared to the same period of 2021

Asics ventures into the Web3 commerce

Nov 10, 2022 / Japan
The physical running shoes in the ASICS x Solana UI Collection can only be purchased with digital currency. The company said to be showing the future of Web3 commerce with this move

Under Armour lowers full year outlook

Nov 9, 2022 / United States
The Baltimore-based company has slightly lowered its fiscal 2023 guidance despite reporting second quarter results in line with expectations. Footwear segment was the only one to grow

Gulden officially appointed adidas new CEO

Nov 9, 2022 / Germany
The German-based company appointed the ex-Chief of Puma, Bjørn Gulden, to the role of Chief Executive Officer, effective from the 1st of January 2023

US Retail: not all news are bad for retail

Premium ContentNov 8, 2022 / United States
The available data suggests that retailers made sure to fill up their stocks this year, most likely causing supply to outstrip demand. But while demand may have slowed down, mainly due to high inflation, spending has not ceased, and retailers are expected to increase their promotions through the end of the year to dispose of marked-down excess inventory. Consumer confidence indicators are somewhat mixed, but it is safe to assume that, at least, it has stopped bleeding. In fact, the contrast with European consumers is clear, showing that US shoppers are less sensitive to the geopolitical risks concerning the ongoing war in Ukraine. Meanwhile, though slowly, footwear prices increases are starting to decelerate

Zalando focuses on profitability

Nov 8, 2022 / Germany
The e-tailer posted growth in the third quarter of 2022 amid a challenging macro-environment, underlining its focus on improving profitability. Active customers base exceeded 50 million this year

Sanchit Kundra (Fresh Feet): the footwear industry in India has been through a revolution

Premium ContentNov 7, 2022 / India
Our latest interview is with Sanchit Kundra, founder of Fresh Feet. Mr Kundra guided us through Fresh Feet’s new technology and gave us an update on the status of the footwear industry in India

Puma appoints Arne Freundt as new CEO

Nov 7, 2022 / Germany
The company announced that Arne Freundt will take on the role of CEO and Chairman of the Management Board from the 1st of January 2023, succeeding Bjørn Gulden, who decided not to renew his contract

Classic shoes manufacturer Ferreira Avelar celebrates 75 years

Nov 7, 2022 / Portugal
The Portuguese company Ferreira Avelar, owner of the brand Profession Bottier, celebrates 75 years of producing classic shoes of excellence, with the eyes set on the future

Crocs lifts 2022 guidance

Nov 7, 2022 / United States
The US-based company posted once again a strong quarterly performance, with a revenue growth of 57.4% in the third quarter of 2022 over the same period of last year, raising its outlook in result

Istanbul starts preparing for the return of the World Footwear Congress

Nov 4, 2022 / Turkey
The World Footwear Congress (WFC), which will be held in Istanbul from the 9th to the 11th of May 2023, will discuss the changing perspective of the consumer, new business models and employment

Steve Madden cuts full year outlook

Nov 4, 2022 / United States
Despite a revenue increase in the third quarter of 2022, the US-based designer and marketer of footwear, accessories and apparel for women, men and children lowered its full year outlook
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