Footwear
Reno's Austrian branch also declared bankruptcy
After the shoe retailer Reno filed for bankruptcy in Germany at the end of March, the company's Austrian subsidiary, HR Group GesmbH, decided as well to file for bankruptcy
Brazilian footwear exports slowdown
In March, Brazil's footwear exports declined by 11.4% in volume and by 2.6% in value, as compared to the same month of 2022, reflecting the slowdown of the global economy
Ferragamo reports a weak first quarter
The luxury group reported a 4.0% year-over-year revenue decline in the first quarter of 2023, saying that the release of its new collection has not yet helped the brand’s relaunch
Sanjo expands its range into children footwear
The 90th-years old footwear brand expands its offer to children with the launch of “Sanjo Kids”. The first collection features a collaboration with the Portuguese artist Wolf & Rita
LAST CALL!! Join the 8th 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!
Keds undergoes brand refresh and expands product range
The sneaker brand, owned by Designer Brands, has announced a brand refresh to better express its core values, as well as the release of a new collection inspired by the iconic Keds Champion
Stella International reports a decline in revenue
The Hong Kong-based manufacturer announced that its unaudited consolidated revenue for the first quarter of fiscal 2023 decreased by 25.8%, as compared to the same period of last year
US footwear prices increases continue to cool off
Retail footwear prices increased at a decelerating rate in March, up by 0.3% from the same period last year. This signals the slowest growth in 24 months for the category
Indonesian footwear exports expected to contract
According to the Indonesian Footwear Association (Aprisindo), the country's footwear exports may fall by about between 35% to 40% in 2023 to 4.64 billion euros, as compared to the previous year
Dr. Martens lowers full year profit guidance
The iconic British brand has lowered its FY 23 profit outlook due to costs associated with resolving operational issues at its LA distribution centre, as well as a decline in wholesale revenue
Final Call!! Join the 8th 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!
Rocky Brands sells Servus brand
The Ohio-based company has announced that it has sold its Servus Brand to PQ Footwear, a subsidiary of Industrias PetroQuim, in a deal whose terms have not been disclosed
Materials and Sustainability: How can footwear be more sustainable?
Just released! A new paper dedicated to recycled and recyclable, biodegradable and compostable, and biobased and organic materials. This is the latest from a series dedicated to innovation in the footwear and leather goods industry
Insolvent Görtz finds a new investor
The Hamburg-based shoe retailer has announced that the couple Leonie and Burkhard von Wangenheim acquired a 100% stake in the company that went into bankruptcy last September
Brazilian footwear production to grow between 1% and 1.7% in 2023
According to the Brazilian Footwear Industries Association (Abicalçados), this year's local footwear production is expected to grow between 1% and 1.7% over 2022, driven by the domestic market-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
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