Strategy
Mango foresees to achieve record sales in 2023
Amid an expansion of its retail footprint, the Spanish-based fashion retailer foresees ending the fiscal year with sales of more than 3 billion euros, which would represent a double-digit growth over 2022
VF Corp cuts 500 jobs
The owner of Vans, The North Face and Timberland has announced that it has fired 500 employees worldwide as it seeks to restructure its business and improve operations globally
Caleres looks to grow internationally
Looking to expand globally, the US-based footwear company has strengthened its team with the appointment of Erika Mackoul as Senior Vice President of International
Dikamar: from Portugal to Ohio
As part of its internalisation strategy, the Portuguese safety boot manufacturer has so far invested 3 million USD in a factory in Ohio that produces PU and PVC boots that are distributed across the country
Allbirds posts decline in revenue
In the process of a strategic transformation plan, the sustainable footwear brand posted a 21.2% decline in revenue in the third quarter of 2023, as compared to the same period of 2022
Vinted considers a secondary share sale
The Vilnius-based online marketplace for second-hand clothes is mulling a secondary share sale worth more than 200 million euros, with the aim of being at the forefront of the sustainable fashion boom
VF Corp launches turnaround plan
After another disappointing quarter, the US-based footwear announced the launch of Reinvent, a comprehensive transformation programme focused on improving operational performance and brand-building
South Africa calls for more economic cooperation with Namibia
South African’s President Cyril Ramaphosa has urged business leaders from both countries to further develop cross-border value chains in key areas such as leather to boost their economic development
Caleres reiterates full year outlook and announces three-year strategic growth plan
The US-based footwear company confirmed its third quarter and fiscal 2023 guidance and introduced a three-year strategic and financial plan focused on four key areas
Wolverine Worldwide sells US Leathers and Hush Puppies IP in Greater China
The company announced that its US Leathers business has been sold to New Balance and that Hush Puppies' intellectual property in Greater China will be sold to its current sublicense in the region
JD Sports to take full control of the Iberian Business
The UK-based retailer intends to buy the remaining 49.98% shares in the Iberian Sports Retail Group (ISRG) for 500.1 million euros, thereby acquiring 100% ownership
Nike reorganizes senior leadership team
The sportswear giant is promoting Heidi O'Neill to the role of President, Consumer, Product and Brand, and Craig Williams to President, Geographies and Marketplace
Kankura Golf: ten years devoted to golf
With steady growth, the Portuguese brand of golf footwear has reached the 10-year milestone. Eyes are now set on the American dream and doubling sales already in 2025
Zalando reviews brand portfolio to raise its relevance
Based on a shift in consumer behaviour, the German-based e-tailer plans to increase the relevance of its brand assortment according to three criteria: inspiration, curation and personalisation-
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