Footwear
Marita Moreno opens sustainable concept store
Downtown Porto is the new home of the sustainably-focused Portuguese brand. Located at the Village by BOA Hotel, at Bonjardim street, the space features an assortment of various brands curated by Marita Moreno
Nike posts revenue growth
In the second quarter of fiscal 2023, the sportswear giant posted a revenue increase of 17%, year-over-year, driven by discounts and increased promotions to reduce the inventory excess
JD Sports sells 15 non-core fashion brands to Frasers Group
The deal, worth 47.5 million British pounds (around 57.6 million USD), will enable the UK-based retailer to focus on the international and digital expansion of its core platforms
Designer Brands acquires Topo Athletic
The parent company of DSW announced that it has bought the US-based retailer specializing in footwear for running, walking, and hiking, thus reinforcing its brand-building strategy
Vans and Timberland release first-ever collaborative capsule
By the occasion of the 30th anniversary of Vans' iconic Half Cab, the two VF Corp brands have teamed up for the first time to create a hybrid silhouette that fuses both their DNAs
Footwear prices to increase 11%
Our panel of experts expects footwear prices to increase over the course of the next six months. This is one of the main conclusions of the World Footwear Business Conditions Survey conducted in November. Read more about it today
Zouri and humourist Nuno Markl team up on sustainable sneaker model
The Portuguese footwear brand and the humourist and radio speaker Nuno Markl have launched a limited edition of a sneaker model (in black and white colours) that reuses marine litter
VF Corp to boost EMEA region with expansion of Switzerland HQ
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
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
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
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
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
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
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
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-
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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