Footwear
VF Corp cuts full year outlook but outlines long-term growth strategy
The US-based apparel and footwear group revised its outlook for the current fiscal year after lower-than-expected results in the second quarter. It also mapped out a 5-year strategic growth plan
Zalando and Nike strengthen long-term partnership
The German-based online retailer announced a new step in its strategic partnership with Nike with the introduction of a new membership programme in ten European countries
Brazilian footwear industry created 40 000 jobs in 2022
Data prepared by the Brazilian Footwear Industries Association (Abicalçados) based on information from the Ministry of Labour and Welfare, indicates that between January and August the footwear industry generated 40 000 jobs
French Edit Pop-Up opens at Chelsea Market in NY
The French Footwear Edit Pop-Up opened on the 1st of October at Neighbourhood Goods in Chelsea Market, featuring six brands that display the diversity of French craftsmanship in shoes
Nike announces first quarter results
The US-based company reported revenue growth in the first quarter of fiscal 2023, but a decline in earnings mainly due to overstocked inventory. Performance in China impacted by COVID-19-related disruptions
APICCAPS promotes leather footwear in foreign markets
The Portuguese Footwear, Components, Leather Goods Manufacturers' Association intends to demystify some preconceived ideas about leather while clarifying why leather footwear is a product of excellence
AYSAF gets ready to open doors in November
The organization of the 67th Edition of the Footwear Materials, Components, Leather, and Technologies Exhibition AYSAF, which will be held in November in Istanbul, is expecting to increase visitors and exhibitors numbers by 20% and 15%, respectively, from the last edition
Realignment of CHIC trade fairs
CHIC China International Fashion Fair, one of Asia's most important fashion fair, is realigning itself. With three editions a year in Shanghai and Shenzhen, CHIC aims to provide an universal platform for the entire fashion industry and trade
Sustainability by Anna Palmqvist (H&M): we have to change our behaviour
Today we bring you the final interview of a series focused on sustainability. We had a nice conversation with Anna Palmqvist, Sustainability Manager at the H&M Group. Check all the bits and pieces on the video below
All the facts and numbers of the footwear industry in 2021
Last year, production and exports at global level grew by 8.6% and 7.4%, respectively. Worldwide footwear production exceeded the 22 billion pairs threshold but is still below pre-pandemic levels. In 2021, 13 billion pairs were exported worldwide, representing a partial recovery from the drop registered in 2020 but remaining below that of any other year in the last decade
Burberry COO and CFO to step down
The UK-based luxury brand has announced that Julie Brown will leave both her roles as Chief Operating and Financial Officer at the close of the company’s fiscal year, on the 1st of April 2023
Mexico: footwear exports on track to grow by more than 50% this year
The Mexican footwear industry estimates to export between 32 and 35 million pairs by the end of 2022, which would reflect a growth year-over-year of more than 50%
Columbia Sportswear outlines 3-year growth targets
The US-based company is expecting to reach net sales of 4.5 billion US dollars to 4.7 billion US dollars by 2025, reflecting a three-year compound annual rate of growth (CAGR) of 9% to 11%
US footwear price increases appear to be slowing down
Despite rising inflation, data from the Footwear Distributors and Retailers of America (FDRA) suggests that footwear prices are showing some signs of moderating, though slowly
JD Sports remains cautious for the second half
In an interim results announcement for the first half of 2022, the UK-based retailer, which posted a drop of 18% in profits, confirmed its full year outlook despite the macroeconomic uncertainty-
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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