World Footwear

Companies

Under Armour CEO steps down

May 20, 2022 / United States
The company announced that Patrik Frisk will step down as President and CEO, effective 1st of June. Colin Browne, currently COO, will act as interim President and CEO until a new name is appointed

VF Corp announces full year results

May 20, 2022 / United States
The US-based apparel and footwear group has reported revenue growth of 28% over fiscal 2022, reaching 11.8 billion US dollars, as compared to fiscal 2021

Shoe Carnival surpasses pre-pandemic levels

May 19, 2022 / United States
The US-based retailer of footwear and accessories announced that in the first quarter of fiscal 2022 sales grew by 25.1% and EPS by 100 percentage points over the same period of 2019

Yue Yuen posts revenue decline

May 18, 2022 / Hong Kong
The group informed that despite global strong demand for its products, revenue was down by 4.% in the first quarter of 2022 due to COVID-19 outbreaks in Mainland China

Clarks ventures into the metaverse

May 18, 2022 / United Kingdom
The British label has launched the Cicaverse immersive experience on Roblox to celebrate the children’s unisex sneaker style, Cica, in partnership with the metaverse development studio Melon

Ferragamo posts revenue growth

May 18, 2022 / Italy
The luxury group reported a revenue increase of 23.2%, reaching 289 million euros, in the first quarter of 2022. Growth in Asia-Pacific slowed down due to COVID-19 outbreaks in China

Tapestry cuts outlook for 2022

May 17, 2022 / United States
Despite reporting a strong third quarter, the owner of Coach, Kate Spade and Stuart Weitzman, lowered its full year outlook, due to pressures related to the resurgence of COVID-19 in Mainland China

RE:GROUND: the sneaker made with recycled coffee grounds

May 16, 2022 / Portugal
In partnership with Nespresso, Zèta created a sneaker that uses recycled coffee grounds, inspired by the principles of zero-waste, eco-design and French style. The sneakers are made in Portugal

Wolverine Worldwide with revenue growth

May 16, 2022 / United States
Despite ongoing supply chain constraints and macro headwinds, the Michigan-based company reported a strong first quarter in 2022, confirming its full year guidance

Owner of Havainas announces first quarter results

May 13, 2022 / Brazil
Alpargatas posted revenue growth of 9% in the first quarter of 2022, with Havaianas performing well at home and internationally. Outside Brazil, the EMEA region stood out, with a sales increase of 25%

Christopher Bevans is Eddie Bauer's new Creative Director

May 13, 2022 / United States
Outdoor brand Eddie Bauer appointed Christopher Bevans as its new Creative Director. The DYNE Founder and CFDA member is expected to bring his expertise

Kering invests in Lab-Grown Leather Startup

May 12, 2022 / France
The French-based luxury group participated in a 46 million USD funding round meant to fast-track the commercialization of the Californian-based VitroLabs’ cell-cultivated leather

Under Armour reports net loss

May 12, 2022 / United States
The company announced unaudited results for its transition quarter ended on the 31st of March. Despite revenue growth, Under Armour posted a net loss of 60 million USD. Footwear sales declined

Foot Locker and adidas sign enhanced partnership

May 12, 2022 / United States
Built around product innovation, elevated experiences and deeper consumer connectivity, the partnership establishes Foot Locker as the lead partner for adidas in the basketball category

Zalando posts sales decline

May 11, 2022 / Germany
Amid a volatile market environment, the online retailer informed that revenue declined by 1.5% in the first quarter of 2022, as compared to the same period last year, totalling 2.2 billion euros
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