News
Parent company of Havaianas reports growth
Brazilian company Alpargatas has reported a strong second quarter, underlining the success of the restructuring strategy launched a year ago
Nike and LEGO team up
The US-based sportswear giant and the LEGO Group have announced a multi-year partnership to bring to life the many ways sport and creative play can help empower children worldwide
JD Sports on track to deliver full year EBIT guidance
The UK-based sports retailer has reported a strong second quarter performance, particularly in North America and Europe, and has reaffirmed its full year EBIT guidance as a result
Sarah Jessica Parker shuts down her shoe brand
Actress Sarah Jessica Parker has announced that the SJP by Sarah Jessica Parker brand will cease trading in the fall of 2024, after 10 years in business
Tapestry reports a successful year
The New York-based company has reported a successful fiscal year 2024 against a challenging macroeconomic backdrop and despite a sharp decline in the Stuart Weitzman brand
Global luxury downturn hurts Manolo Blahnik
The UK-based footwear and accessories label has reported that its 2023 sales and profits have been hit by the global downturn in luxury fashion spending, amid a challenging macroeconomic context
Yue Yuen’s footwear manufacturing business recovers in the first half
The Hong Kong-based group reported an overall decline in revenue in its unaudited first half results, driven by Pou Sheng’s performance, as the footwear manufacturing business recovered during the period
Asia accounts for more than half of global consumption
The dominance of the Asian continent in the consumption of footwear continues, according to data published in the World Footwear Yearbook 2024, as recently released by APICCAPS, the Portuguese Footwear Association
Disappointing first quarter for Capri Holdings
Ahead of its acquisition by Tapestry, the US-based luxury company has reported a weak first quarter, blaming it on a slowing global demand for luxury fashion goods
Sanuk sold to Lolë Brands
The Canadian-based apparel company has acquired the outdoor lifestyle footwear brand, previously owned by Deckers Brands. The financial terms of the deal were not disclosed
Soles4Souls launches its first awareness campaign in the US
The US non-profit Soles4Souls has launched its first national campaign in order to encourage Americans to donate shoes and apparel “that can open the doors of opportunity for millions of people”
Pakistani footwear exports end the year in the red
In the twelve months to June 2024, Pakistan’s footwear exports fell by 9.22% in value and 4.12% in volume, as compared to the previous year. Leather footwear exports took the biggest hit
Kizik names new Chief Marketing Officer
The Utah-based hands-free footwear brand has announced the appointment of Elizabeth Drori as Chief Marketing Officer. She joins the company from Sperry
Average worldwide export price continues an upward trend to reach $12
Prices of footwear continued to increase in 2023, as revealed by the latest World Footwear Yearbook, as recently released by APICCAPS, the Portuguese Footwear Association. $12 threshold reached
Under Armour appoints former adidas veteran as Vice President of Brand Strategy
The Baltimore-based company has appointed Eric Liedtke as Executive Vice President of Brand Strategy, following the acquisition of UNLESS Collective, a zero-plastic regenerative fashion brand he founded
Weak first quarter at VF Corp
The US-based footwear company has posted a 9% drop in revenue in the first quarter of its fiscal year, as compared to the same period of last year, and has seen its losses widen
Puma reduces full year EBIT guidance
The German-based company has reported a solid second quarter performance, but has decided to lower its full year EBIT guidance in light of the challenging macroeconomic environment
Amazon reports strong second quarter
The Seattle-based online giant has reported a strong second quarter, with increases in both revenue and profit. Amazon Web Services (AWS) segment on the rise
A significant setback for footwear exports in 2023
The latest data published in the World Footwear Yearbook 2024, recently released by APICCAPS, the Portuguese Footwear Association, reveals a drop in footwear exports last year, both in value and volume
Geox sales down in the first half
In line with the start of the year, Geox has reported a 9.4% decline in first half sales, on a comparable basis to the same period of last year, as the wholesale channel continues to struggle in most of its markets
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