Footwear
Footwear in Russia – a country snapshot
Today, we bring you a new country snapshot, this time focusing on Russia. With a geographical area of 17 million km2, Russia is the largest country in the world and hosts 144.3 million people (2020). It is the fifth-largest economy in Europe, being one of the world’s leading producers of oil and natural gas, and a top exporter of metals such as steel and aluminum
Prada teams up with Cass on sneaker collab
The Italian luxury house partnered up with the artist Cassius Hirst to reinvent its iconic Prada America’s Cup sneakers, through a customized capsule collection of four styles, in 22 variables
Deckers posts fiscal 2022 results
The Californian-based group reported a net sales increase of 23.8% over fiscal 2022, reaching 3.15 billion US dollars, as compared to fiscal 2021. Hoka brand grew the most
Portuguese footwear exports grow by 25%
In the first quarter of 2022, Portugal exported 21 million pairs of shoes, worth 493 million euros. Footwear exports increased especially in extra-community markets
Under Armour CEO steps down
The company announced that Patrik Frisk will step down as President and CEO, effective 1st of June. Colin Browne, currently COO, will act as interim President and CEO until a new name is appointed
VF Corp announces full year results
The US-based apparel and footwear group has reported revenue growth of 28% over fiscal 2022, reaching 11.8 billion US dollars, as compared to fiscal 2021
Indian leather exports increase by 33%
Revenue from leather and leather products exports in the first eleven months of the year grew by 33.07% over the same period last year. Leather footwear exports contributed the most
Shoe Carnival surpasses pre-pandemic levels
The US-based retailer of footwear and accessories announced that in the first quarter of fiscal 2022 sales grew by 25.1% and EPS by 100 percentage points over the same period of 2019
Yue Yuen posts revenue decline
The group informed that despite global strong demand for its products, revenue was down by 4.% in the first quarter of 2022 due to COVID-19 outbreaks in Mainland China
Clarks ventures into the metaverse
The British label has launched the Cicaverse immersive experience on Roblox to celebrate the children’s unisex sneaker style, Cica, in partnership with the metaverse development studio Melon
Ferragamo posts revenue growth
The luxury group reported a revenue increase of 23.2%, reaching 289 million euros, in the first quarter of 2022. Growth in Asia-Pacific slowed down due to COVID-19 outbreaks in China
Footwear prices expected to increase by 8.4%
According to the members of the World Footwear Business Conditions Survey prices of footwear are expected to increase over the next six months. Read all about this and all the conclusions of the survey conducted last month
Tapestry cuts outlook for 2022
Despite reporting a strong third quarter, the owner of Coach, Kate Spade and Stuart Weitzman, lowered its full year outlook, due to pressures related to the resurgence of COVID-19 in Mainland China
RE:GROUND: the sneaker made with recycled coffee grounds
In partnership with Nespresso, Zèta created a sneaker that uses recycled coffee grounds, inspired by the principles of zero-waste, eco-design and French style. The sneakers are made in Portugal-
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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Media Partners
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SERMA
Shoe Intelligence
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