World Footwear

Footwear

VF Corp to boost EMEA region with expansion of Switzerland HQ

Dec 19, 2022 / United States
Following the double-digit growth recorded this year, the US-based footwear group announced the intention of expanding its Europe, Middle East and Africa headquarters in Stabio, Switzerland

Bangladeshi leather footwear exports exceed strategic target set

Dec 16, 2022 / Bangladesh
From July through November 2022, leather footwear exports were the only ones among the leather sector to exceed the strategic target set for the period, whereas all the others fell short

Wolverine Worldwide to divest Keds and Wolverine Leathers and cut jobs

Dec 16, 2022 / United States
The company revealed that it will divest or license the Keds brand and Wolverine Leathers, both low-profit contributors, as part of a plan to foster growth and further drive shareholder value

Foot Locker reconfigures management team

Dec 14, 2022 / United States
The US-based retailer has shaken up its leadership team to support growth and improve operational efficiency. Andrew Page is to step down from his Chief Financial Officer role

Tod's founding family drops plan to delist company

Dec 14, 2022 / Italy
The Della Valle family said that it has abandoned the plans to merge with Tod's, which would have enabled to delist the luxury group from the Milan stock exchange. Tod's is to remain public

Puma launches shopping app with virtual try-on feature in the UK

Dec 14, 2022 / Germany
After a successful rollout in North America, the Germany-based company launched the new shopping app equipped with a virtual try-on feature in the UK

Consumption stagnation, price increases, and drop in employment expected for 2023

Premium ContentDec 9, 2022 / Business Conditions Survey
This is the main outcome of the most recent edition of the World Footwear Business Conditions Survey, conducted in November. Today we bring you a summary of some of the main conclusions

Brazil: employment in the footwear industry decelerates

Dec 9, 2022 / Brazil
Despite a growth of 12% in employment in the footwear industry in the first ten months of 2022, data from the Ministry of Labour and Social Security suggests a slowdown in job creation from October

Jimmy Choo and Timberland team up on NYC-inspired collection

Dec 9, 2022 / United States
Two years after their first partnership, the two brands have returned with a capsule collection inspired by NYC, created with the collaboration of the Bronx-born designer/artist Shanel Campbell

VF Corp lowers full year outlook

Dec 8, 2022 / United States
The US-based footwear group took up the opportunity of announcing the CEO transition to report that has cut again its full year outlook due to weaker consumer demand mainly in North America

Bata launches shoe collection made with recycled plastic bottles

Dec 7, 2022 / Switzerland
The footwear group has introduced the latest collection from its Power brand. Dubbed Love Ocean, it highlights Bata’s concerns about plastic waste polluting the oceans

VF Corp names Interim CEO as Steve Rendle steps down

Dec 7, 2022 / United States
The US-based footwear announced that Benno Dorer, Lead Independent Director of the VF Board of Directors, has been appointed Interim President and CEO, following Steve Rendle's decision to retire

Genesco cuts again full year outlook

Dec 6, 2022 / United States
The Nashville-based footwear group, which posted a third quarter net sales growth of 1% year-over-year, lowered again its annual outlook amid higher industry-wide promotional activity and cost pressures

Portuguese footwear industry to invest 600 million euros in the next 8 years

Dec 5, 2022 / Portugal
The Portuguese Footwear, Components, Leather Goods Manufacturers' Association (APICCAPS) has unveiled the new Strategic Plan of the Footwear Cluster 2030, setting in motion another decade of growth

Consumption stagnation, price increases, and drop in employment expected for 2023

Dec 5, 2022 / Business Conditions Survey
This is the main outcome of the most recent edition of the World Footwear Business Conditions Survey, conducted in November. Today we bring you a summary of some of the main conclusions
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