News
Geox announces first half results
Preliminary consolidated sales in the first half of 2020 amounted to 243.6 million euros, down by 39%. The group's direct e-commerce channel recorded significant growth with more 40% compared with the end of June 2019
Ground your business decisions in the industry trends
The World Footwear 2020 Yearbook recently launched by APICCAPS (Portuguese Footwear Association) presents you the best analysis of the footwear industry main trends in 2019
Première Vision turns digital
The upcoming edition of Première Vision Paris will now be held in a digital format on the previously scheduled dates, from the 15th to the 16th of September
Payless plans its comeback
The US-based discount footwear chain Payless is planning to open between 300 to 500 standalone stores over the next five years. This follows the company turning up from bankruptcy protection in January after closing all its 2 100 stores in the US
Foot Locker with increase in sales
Comparable store sales in the period increased by 18.6%. Given the meaningful increase in sales reported, the Board reinstated the quarterly dividend program
Footwear production increased by 21.2% in a decade
Worldwide footwear production has increased by 21.2% since 2010 at an average yearly growth rate of 2.2%. This is one of the main conclusions of the World Footwear 2020 Yearbook recently launched by APICCAPS
Under Armour: revenue down by 41%
The Baltimore-based sportswear company has announced second quarter results. The impact of the diffusion of COVID-19 was clear on the closure of stores. Revenue was down by 41% in the period
Capri with revenue down by 66.5%
The UK-based group owner of Versace, Jimmy Choo and Michael Kors has announced first quarter results with a decline in revenue of 66.5%. CEP expects company to be back on growth trajectory in fiscal 2022
Revenue down by 48% at VF
The company announced first quarter results marked by a decline of 48% in revenue. VF took the hit of the COVID-19 pandemic with stores closures at global level
adidas nearly doubles e-commerce sales
The second quarter was marked by revenue down by 34%, as a result of the COVID-19 pandemic and the very large number of store closures. At the same time, the company experienced exceptional growth in online sales
Tapestry reports full year results
The New-York based luxury group has reported fourth quarter results marked by a 52.79% decline in revenue. Declining revenues have impacted the three brands of the Tapestry's portfolio
Crocs revenue down by 7.6%
Revenue of the brand totalled 331.5 million US dollars in the second quarter, a decline of 7.6% from the similar period in 2019. Given the unprecedent times related to COVID-19 the company is not providing third quarter guidance
Wolverine names Brendan Hoffman as new President
The omni-channel retail veteran is joining the Michigan-based company as part of the planned CEO succession transition. Hoffman is also joining Wolverine's Board of Directors
Sales of shoe stores in the US down by 56%
According to data from the USA Census Bureau and the analysis of the WorldFootwear.com, growth of sales of the shoe stores in the US has been on the red since the beginning of year
Retail Council of Canada and the Association of Footwear + Apparel Canada in partnership
According to both entities the aim of the new partnership is to work on building a united platform for the retail and supplier community, within the fashion category of footwear, apparel, and accessories
US remains by far the world’s largest importer of footwear
This is one of the conclusions of the World Footwear 2020 Yearbook, recently published by APICCAPS and containing a deep analysis of the footwear industry in 2019. The publication also contains Country Profiles for 84 markets
Deckers posts increase in net sales
The California based company announced first quarter results for the period ended on the 30th of June 2020. Skechers announced its net sales increased by 2.3% in the period
Changes at adidas Supervisory Board
Thomas Rabe is the new Chairman of the Supervisory Board – Igor Landau’s term of office ends after 16 years – and Christian Klein was newly elected to the Supervisory Board
Famous Footwear in partnership with Ticket to Dream Foundation
Famous Footwear, a nationwide chain of retail stores in the United States dealing in branded footwear, is a division of the St. Louis-based Caleres and maintains more than 1 125 storefronts. Ticket to Dream is now its official national charity partner
Asia dominates exports but Europe increased market share over the last decade
The Asian continent was the origin of most exports in 2019, with a world share of 83.9%. Asia’s export share has decreased slightly over the last decade, as is also the case with every continent but Europe
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