News
VF reports net loss
The US-based company, owner of brands such as Vans and The North Face, posted a net loss of 56 million US dollars in the first quarter of 2023, "amid a softer consumer environment and inflationary pressures"
Leather Naturally announces Management Board & Supervisory Council changes
The not-for-profit industry members association, focused on the education and promotion of the benefits of leather, has voted changes to the Management Board and Supervisory Council
Kering reports strong performance
Despite the global macro uncertainty, the French-based group posted a solid sales growth in the first half of 2022 in each of its Houses. Yves Saint Laurent’s performance reached “new highs”
Capri aims at an 8 billion USD revenue goal
The group said at an Investor Day that it plans to increase the footwear and accessories sales of Jimmy Choo, Versace and Michael Kors, while also focusing on store growth
Elias Gröndal: the European footwear industry will be very strong
Today we spoke with Elias Gröndal, founder and CEO of the online footwear sourcing platform FindSourcing, now Resourced. We discussed some of the main topics impacting the footwear industry at the moment. Watch the video with our conversation
Guanajuato reports a labour shortage
According to the Mexican Secretary of Sustainable Economic Development (SDES), Ramón Alfaro Gómez, the footwear sector is the most affected by the labour shortage
Steve Madden posts revenue growth
The New York-based designer and marketer of footwear, accessories and apparel for women, men and children reported a revenue growth in the second quarter of 2022, confirming its full year outlook
TOWORKFOR's Risky campaign wins advertising awards
The Portuguese safety footwear brand won nine awards at the Festival do Clube de Criativos of Portugal for the campaign that uses creatively three well-known names in the international cinema
Puma reports highest quarterly sales ever
Revenue of the sportswear giant exceeded 2 billion euros in the second quarter of 2022. Sales grew in all regions except in Greater China due to COVID-19-related lockdown measures
Hotter Shoes owner raises funding
The Unbound Group announced that it has raised a gross 3.3 million British pounds (3.93 million euros) in the placing and subscription of 20.8 million new shares to boost its growth strategy
Siro Badon steps down as Assocalzaturifici Chair
Siro Badon, who had been elected to the role of Chair of the organization in June 2019, submitted his resignation on the 26th of July, claiming both personal and professional reasons
Skechers posts revenue growth
Despite macroeconomic headwinds and COVID-related restrictions in China, the US-based company reported having achieved yet a new quarterly sales record
Mexican footwear industry might not recover until 2024
The forecast is from the National Chamber of the Footwear Industry (CANAICAL), recalling that the footwear industry collapsed by more than 50% in 2020 thanks to the COVID-19 pandemic
2021: global footwear market recovers from the pandemic but is still far from an all-time high
In 2021 footwear production and exports grew by 8.6% and 7.4%, respectively. Data are taken from the World Footwear 2022 Yearbook just released by APICCAPS, the Portuguese Footwear Association. Global footwear production exceeded the 22 billion pairs threshold but is still below pre-pandemic levels. Last year 13 billion pairs were exported worldwide, representing a partial recovery from the drop registered in 2020 but remaining below that of any other year in the last decade
LVMH announces first half results
"In a still disrupted environment", the French-based luxury group posted revenue growth in the first half of the year. The fashion & leather goods segment recorded a "remarkable" performance
Asics launches first 3D printed model
The Japan-based sportswear company, which is making its debut within 3D, introduced the Actibreeze 3D sandals to aid recovering athletes in the After Performance phase
Sustainability by Catarina Midby: we have to change now
Today we bring you an interview with Catarina Midby, expert in Communication and engagement in fashion, sustainability and innovation. With 2 decades of experience in the fashion industry, Catarina has been focused on trends, communication, sustainability and entrepreneurship and we talk about those today
Arnault restructures holding company to ensure family control of LVMH
The French billionaire Bernard Arnault is turning his holding company Agache into a joint-stock partnership to guarantee that its control over the LVMH group will be maintained in the long term
Italy: being good at production alone no longer suffices
Amid a challenging macro-environment, digitalization and sustainability emerged as priorities for the future of the footwear industry at the annual meeting of Assocalzaturifici held in Bologna
Manolo Blahnik wins 22-year trademark battle in China
The British luxury shoemaker announced that it has won the long-running legal battle in China to use its name, becoming able to enter the world’s fastest-growing luxury market for the first time
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