World Footwear

Footwear

adidas to hire 2 800 employees throughout 2022

Feb 1, 2022 / Germany
The sportswear giant has announced that its recruitment drive will occur in 307 locations in 47 countries to backfill vacancies, but also to create new jobs

H&M sales bounce back to pre-pandemic levels

Feb 1, 2022 / Sweden
The Sweden-based fashion group has announced that net sales for the financial year of 2021 amounted to 18.9 million euros, backed by a strong fourth quarter performance

Price of footwear is the most important driver in the buying decision

Premium ContentJan 31, 2022 / Business Conditions Survey
A combination of factors will determine the consumer’s decision to choose a pair of shoes. With a view to find out what are the most relevant drivers in that process, we have asked our experts to choose the most relevant factors. Price is at the top of the list

Prada and adidas head into the metaverse

Jan 28, 2022 / Germany
The brands have joined forces on a user-generated NFT and creator-owned art project. adidas for Prada re-source brings into metaverse their latest collaboration

LVMH posts revenue above pre-pandemic levels

Jan 28, 2022 / France
The luxury group has reported strong growth over 2021, following the disruption of the first half of 2020 resulting from the global pandemic. Revenue for the full year reached 64.2 billion euros

Sneakers and sports related footwear to continue on the rise

Premium ContentJan 27, 2022 / Business Conditions Survey
It doesn’t come as a surprise, but the conclusions from enquiring our Panel of Experts of the World Footwear Business Conditions Survey point to a continuation of the trend around sneakers and sports related footwear. Read more about it today

Sports footwear trend will grow by 50% in the next decade

Jan 27, 2022 / World
The sports footwear business continues to thrive. By 2030, the global athletic footwear industry should generate 165.00 billion US dollars, which will reflect an increase of 50.4%, as compared to revenue of 109.70 billion US dollars in 2020

Pakistan footwear exports increase in value

Jan 26, 2022 / Pakistan
In the first half of the current fiscal year, Pakistani footwear exports grew by 12.37% in value, totalling 72.79 million US dollars. Leather footwear exports increase in value, but decline in volume

Kurt Geiger to open 13 to 15 stores in the UK

Jan 26, 2022 / United Kingdom
The Chief Executive of Kurt Geiger, Neil Clifford, has told the daily The Times that the British retailer is planning to open a new shop every month of the current year

Puma discloses preliminary results for the year of 2021

Jan 24, 2022 / Germany
The German-based sportswear giant is expecting currency-adjusted sales growth of approximately 14% in the fourth quarter, despite the negative impact of the COVID-19 pandemic

La Maison des Startups LVMH chooses 23 new startups

Jan 24, 2022 / France
The luxury group has selected 23 new startups to join in the accelerator programme La Maison des Startups LVMH, which fosters the development of innovative solutions for the luxury industry

American Exchange Group to acquire Aerosoles

Jan 21, 2022 / United States
The US-based designer, manufacturer and wholesaler has announced that it will buy the assets of the luxury comfort footwear brand to drive business opportunities growth

Roberto Vago (ASSOMAC): sustainability is not a marketing idea, but a realistic idea

Premium ContentJan 20, 2022 / Italy
Today, we bring the highlights of a conversation with Roberto Vago, Managing Director of Assomac, the National Association of Footwear, Leathergoods and Tanning Technologies' Manufacturers in Italy. We have talked about the impacts of COVID-19, sustainability and Industry 4.0, amongst other topics

Coats launches fibre-laying technology for footwear

Jan 20, 2022 / United Kingdom
The British industrial thread manufacturer has launched Lattice Lite Eco, which uses sustainable materials, to create footwear composite materials

Expo Riva Schuh & Gardabags closes on a positive note

Jan 20, 2022 / Italy
The latest edition of Expo Riva Schuh & Gardabags, focused on innovation and sustainability, welcomed 3500 visitors from 86 countries and 430 exhibitors from more than 30 countries
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