World Footwear

Footwear

Positive perspetives for footwear businesses

Premium ContentJun 20, 2023 / Business Conditions Survey
In this edition of the Business Conditions survey, we asked our panel of experts to share their expectations about the health of the future business in the next semester. Read about the conclusions below

Rockport files for Chapter 11 bankruptcy proceedings

Jun 20, 2023 / United States
The Massachusetts-based footwear company filed for Chapter 11 bankruptcy in a District Court in Delaware. Meanwhile, its CEO, Gregg Ribatt, has resigned

Puma reorganizes its global marketing organization

Jun 20, 2023 / Germany
This major reorganization of Puma’s global marketing organization includes the relocation of the Brand Management and Marketing Operations from Boston to the Germany's headquarters

Portugal: students engage in Shoes Your Life activities using Virtual Reality

Jun 19, 2023 / Portugal
Twenty students participated in the Shoes Your Life learning and training activities in São João da Madeira, Portugal, where it was showcased the project's Virtual Reality App, designed to attract young people to STEAM Education

Samuel Ross reimagines Timberland's boot

Jun 19, 2023 / United States
Samuel Ross, the founder of A-Cold-Wall, has collaborated on Timberland's latest Future73 capsule collection, which invites designers to reimagine its iconic boot on the occasion of the brand's 50th anniversary

Average footwear prices expected to increase

Premium ContentJun 16, 2023 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, our panel members predicted an increase of 7.3% in footwear prices over the next six months. Get free access to the report with the main conclusions

Spanish footwear exports increase in the first quarter

Jun 16, 2023 / Spain
In the first three months of 2023, Spanish footwear exports increased by 21% in value due to the impact of inflation, but remained below pre-pandemic levels in volume terms

VF Corp opens new distribution centre in California

Jun 15, 2023 / United States
The US-based footwear group has announced the start of operations at its new distribution centre in Ontario, California. During peak periods, it will employ around 550 people

Keen footwear lowers its prices

Jun 15, 2023 / United States
The Oregon-based footwear company is lowering its prices to give some relief to consumers in this inflationary environment

Pakistan: footwear exports grow while leather exports decline

Jun 14, 2023 / Pakistan
According to the Pakistan Bureau of Statistics (PBS), Pakistani footwear exports grew consistently from July 2022 to April 2023, while leather exports continue their downward trajectory

Golden Goose delivers revenue growth

Jun 14, 2023 / Italy
The luxury sneakers brand saw its revenue grow by 20% in the first quarter of the year, as compared to the same period of 2022, due to “continued investment in and expansion of the retail channel”

Malone Souliers names two new creative directors

Jun 14, 2023 / United Kingdom
The London-based footwear brand has appointed two of its long-time team members, Coco Fong and Valerio Brava, as its new co-creative directors

Germany Retail: a bleak horizon for both the physical and online retail

Premium ContentJun 12, 2023 / World Footwear Reports
Consumers seem to have definitely pulled the rug out from under footwear companies, as can be seen by the wave of insolvencies observed in the footwear sector in recent months, in addition to the store closures recorded in 2022. And the online channel is having no better luck, with sales progressively losing the momentum of the positive results recorded in the summer of last year. Overall, the future of retail looks set to remain a little gloomier in the coming months

Owner of Lavoro invests 5 million euros to boost productivity

Jun 12, 2023 / Portugal
The Portuguese manufacturer of professional footwear ICC – Footwear Industry and Commerce will invest 5 million euros to increase its productivity by 20% and double sales

Shoe Zone delivers positive trading update

Jun 12, 2023 / United Kingdom
The UK-based retailer reported that trading exceeded expectations during May and June due to strong early demand for summer products and lower container rates, which helped to improve margins
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