World Footwear

Footwear

Nike announces fourth quarter and full year results

Jun 30, 2022 / United States
The US-based company posted full year revenue growth despite the impact of COVID-19-related disruptions in China and higher freight and logistics costs in the fourth quarter performance

ASSOMAC and UITIC join to organise 2023 Congress

Jun 30, 2022 / UITIC Congress 2023
The partnership between the National Association of Italian Manufacturers of Footwear, Leathergoods and Tanning Technologies (ASSOMAC) and the International Union of Shoe Industry Technicians (UITIC) has been announced during a press conference in Milan

Bangladeshi leather exports surpass strategic target set for the year

Jun 29, 2022 / Bangladesh
From July 2021 to May 2022, overall leather exports totalled 1.11 billion US dollars, topping the strategic target set of 1.03 billion US dollars for the full financial year

Genesco appoints Gregory A. Sandfort lead independent Director

Jun 29, 2022 / United States
The former Chief Executive Officer and Director of Tractor Supply Company has joined the Genesco Board in 2021. Sandfort succeeds Matthew C. Diamond who has served in that role for the past four years

Fleet Feet to acquire Marathon Sports

Jun 29, 2022 / United States
The US franchisor of locally owned and operated running stores announced that it will acquire the New England-based running retailer Marathon Sports and its soundRunner and Runner's Alley brands

Angela Ogbechie is Deckers new Chief Supply Chain Officer

Jun 28, 2022 / United States
The California-based brand footwear, apparel and accessories has promoted Angela Ogbechie to the newly created role of Chief Supply Chain Officer. David Lafitte will step down as Chief Operating Officer

Nike to fully exit Russia

Jun 28, 2022 / United States
Following Russia's invasion of Ukraine, the US-based sportswear giant halted operations in the country. But now has decided to leave the Russian marketplace for good

Employment level to increase in the footwear industry

Premium ContentJun 27, 2022 / Business Conditions Survey
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the expectations of our panel of international footwear experts

Zalando cuts outlook as macroeconomic conditions worsen

Jun 24, 2022 / Germany
The online retailer revised its guidance for fiscal 2022 due to the deterioration of macroeconomic conditions over the second quarter. EU consumer confidence index decreased further in June

Portuguese Savana launches NEW.VE

Jun 24, 2022 / Portugal
The company specialized in the production of children’s footwear has just launched at the latest edition of Expo Riva the eco-friendly brand New.Ve (New Version of the World)

Balmain partners with digital artist Jeff Cole

Jun 23, 2022 / France
The French house is teaming up with the artist on the launch of exclusive artwork for the Balmain Unicorn sneaker. Balmain is yet another luxury brand to explore the metaverse

US: high levels of inventory worry retailers

Jun 23, 2022 / United States
Retailers overestimated consumer demand when making inventory decisions for 2022. Now, they are expecting that holidays and back-to-school shopping will help them ease the pressure

Spain Retail: sales increase in the first quarter despite tricky macro-environment

Premium ContentJun 22, 2022 / World Footwear Reports
Following an abrupt drop in consumers’ confidence in March due to the war in Ukraine, on top of an alarming inflationary climate, Spanish consumers appear to regard the current situation as temporary. In fact, retail sales of clothes and accessories have increased by 19.1% in the entire first quarter of 2022, despite less generous discounts thanks to this year’s cost inflation. Margin protection is certainly at the top of retailers’ agenda now. Meanwhile, the online and physical retail are somehow at a truce

JD Sports doubles profit

Jun 22, 2022 / United Kingdom
The retailer posted a record profit before tax and exceptional items in fiscal 2022, as well as revenue growth of 38%, year-over-year, reaching 8.56 billion British pounds (9.95 billion euros)

Hoka unveils global marketing campaign

Jun 22, 2022 / United States
The division of Deckers Brands launched the global platform Fly Human Fly to invite runners of all abilities to experience running as an experience of joy, optimist and limitless possibilities
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