World Footwear


Arche goes into administration

Feb 22, 2024 / France
The French footwear manufacturer has gone into administration due to a complex situation in the domestic and international markets. While the process runs its course, the company will continue to operate

Hermès posts full year revenue growth

Feb 14, 2024 / France
The French-based luxury group reported “an outstanding performance” across all regions in 2023, with total revenue up by 21% year-on-year at constant exchange rates to 13.42 billion euros

Kering’s revenue declines after trying 2023

Feb 8, 2024 / France
The French-based luxury group has reported a 4% year-on-year decline in revenue in 2023, driven by weak performances of all its main Houses. Fourth quarter also disappointed

LVMH names new Chairman and CEO of Fashion Group

Feb 1, 2024 / France
The French-based luxury conglomerate has named Michael Burke as Chairman and CEO of LVMH Fashion Group. He succeeds Sidney Toledano, who was appointed Advisor to Bernard Arnault

LVMH reports another strong year

Jan 26, 2024 / France
The French-based luxury conglomerate highlighted a “remarkable performance” from its Fashion & Leather Goods business group, with organic revenue growth of 13% year-on-year in 2023

Minelli finds a new set of owners

Jan 26, 2024 / France
The French footwear retailer avoids liquidation by being taken over by three investors. Only a third of the workforce and less than half of the stores will be retained

France Retail: with no crystal ball and eyes wide shut

Premium ContentJan 12, 2024 / France
Despite the slowdown in inflation in recent months and the slight improvement in consumer confidence, footwear retail remains on a downward trend. There is some hope for an upturn in the retail environment in the first half of 2024, but the available data on imports at the moment does not allow us to look ahead with sufficient clarity. Meanwhile, the online second-hand market shows signs of becoming increasingly relevant in France

Portuguese footwear arrives in Versailles

Dec 19, 2023 / Portugal
The emblematic Château de Versailles has chosen the footwear of the Portuguese brand Uniform Shoes to equip its reception and management teams

Christian Louboutin enters joint venture in India

Dec 14, 2023 / France
The French footwear designer is transferring his current operations in India into a joint venture with Aditya Birla Fashion and Retail Ltd (ABFRL), one of the country’s leading retail chains

Kering finalises the acquisition of a 30% stake in Valentino

Dec 6, 2023 / France
The French-based luxury group announced that it has completed the acquisition of a 30% shareholding in Valentino, following approval from the antitrust authorities

Alex Marquoin from CETIA talks about Re_Shoes, a closed-loop recycling solution

Premium ContentNov 28, 2023 / France
We spoke with Alex Marquoin, the Head of R&D at CETIA, a French-based innovative platform working on solutions to transform textile and leather articles into materials ready for recycling. Read all about their Re_Shoes solution for dismantling shoes

Hermès could consider investing in Italian fashion and shoe suppliers

Nov 22, 2023 / France
This willingness was shown by the luxury company’s CFO, Eric du Halgouët, in a call with analysts last month. The goal would be to further integrate its supply chain

Decathlon launches buyback service in all its UK stores

Oct 31, 2023 / United Kingdom
The sporting goods retailer is expanding its buyback service to all its UK stores. Customers will be given in-store credit for returning products they may have outgrown or no longer use

Hermès reports solid performance

Oct 27, 2023 / France
From January to September 2023, the French-based luxury group’s revenue reached 10.1 billion euros, increasing from the 8.6 billion euros recorded in the same period of last year

Kering posts revenue decline

Oct 26, 2023 / France
The French-based luxury group posted a 13% revenue decline in the third quarter of 2023, as compared to the same period of last year, due to weak performances at all of its main Houses
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