The Ohio-based footwear manufacturer reported a 33.9% decline in net sales in the first quarter of 2023 from the same period a year earlier due to excess inventory at many of its customers
The Hong Kong-based group revealed that its early 2023 revenue has declined due to lower global footwear demand against a backdrop of “relatively high inventory levels” across the industry
Amid a continuing wave of declining orders, the Taiwanese-based footwear manufacturer, which is one of the largest employers in Ho Chi Minh City, will lay off around 6 000 people
We sat with Catherine Hinderman, CEO and co-founder of the Indian-based brand Gaia Amore. Born out of a passion for culture, history and fashion, this brand stands for the concept of new luxury, that is, valuing not only the product but the hands and story behind it. And that story might have begun ages ago
The Hong Kong-based group has entered into a memorandum of understanding with the government of the state of Tamil Nadu to build a manufacturing facility in India
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. We want to hear you!
The Hong Kong-based manufacturer announced that its unaudited consolidated revenue for the first quarter of fiscal 2023 decreased by 25.8%, as compared to the same period of last year
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. We want to hear you!
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. We want to hear you!
The Italian-based luxury group has announced that it plans to hire more than 400 people by the end of 2023 to increase its production capacity and craftsmanship expertise in Italy
The footwear manufacturer Tempe, which is part of the Spanish fashion group Inditex, reported an all-year-round revenue growth of 7.9% in 2022 to 1.41 billion euros from 1.30 billion euros in 2021
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. We want to hear you!
Despite reporting revenue and earnings growth over 2022, the group highlighted that the demand for footwear remains cloudy in the short term due to the many global headwinds impacting the business
Around 400 footwear factories were smashed in the footwear cluster of Antakya during the two earthquakes that hit southern Turkey and north-western Syria on the 6th of February 2023
The Taiwanese-based footwear manufacturer has reportedly slashed 3 000 jobs amidst weak demand. Another 3 000 people will not see their labour contracts extended by the end of the year