News
Etro nominates new CEO
The Italian-based fashion house has announced that Fabrizio Cardinali will take on the role of Chief Executive Officer, effective fourth quarter of 2021. Cardinali is the first CEO appointed under the new owners of Etro, L Catterton
Athleta joins Zalando
The Gap-owned brand of premium women’s performance and lifestyle wear has recently joined the German e-commerce platform Zalando. Athleta’s goal is to intensify its presence in Europe
Average export price of footwear grows by 57% in a decade
Over the last decade, the average worldwide export price of footwear grew significantly and registered a record value of 10.37 US dollars in 2020. This is the highest value ever registered and represents growth of 56.7% compared to 2010 (when the average price was only 6.61 US dollars). Such variance points to an average annual growth in the footwear sector of 4.6% throughout this decade, while the general inflation of the economy was only 1.66%. Footwear prices grew almost three times more than the average registered for all goods.
Genesco’s sales rebound
The Nashville-based footwear group has announced the results for the second fiscal quarter ended on 31st of July 2022. Genesco’s sales increased by 42% from similar quarter last year, which generated revenue of 555 million US dollars
JD Sports raises full-year guidance
The UK-based retail group reported record profit before taxes and exceptional items of 439.5 million British pounds (515.1 million euros) in the first half of the fiscal year ended on the 31st of July. The figure registered is above pre-pandemic levels
China’s share in footwear production down by 13% in a decade
China is the unquestionable leader in footwear production, having achieved a share in the world total of 54.3% in 2020. This translated into more than 11 billion pairs produced by China last year. However, in a decade, the share of China in global footwear production was down by 13%, corresponding to more than 8 percentage points lost and going down from a 62.4% share in 2010
Prada and Theaster Gates launch Dorchester Industries Experimental Design Lab
The three-year collab initiative aims at amplifying the work of emerging and established artists of colour through awards and public programming. The space will be located in Chicago
Dick's Sporting Goods to hire up to 10 000 seasonal associates
The Pittsburgh-based sporting goods retailer announced it will hire the largest number of seasonal associates in its history for the 2021 holiday season
Lenzing CEO steps down
The Supervisory Board of Lenzing AG, a leading producer of wood-based cellulosic fibres, has come to a mutual agreement with its longstanding Chief Executive Officer Stefan Doboczky to end his contract
China enters the top 10 of footwear importers
Data is taken from the World Footwear 2021 Yearbook released by APICCAPS, the Portuguese Footwear Association. The publication gives you the most complete picture of the footwear industry
Getting ready for the 2021 Global Footwear Sustainability Summit
The new edition of the event will be held virtually from the 20th to the 22nd of October, between 8h30am and 1pm (CET - Central European Time). Workshops & Mingling sessions will also be part of the event
Sam Edelman debuts kids collection
The new Sam Edelman Kids footwear collection designed exclusively in-house for the fall 2021 season. The assortment appeals to create a "Mommy and Me" moment for customers
Troy Sicotte is the new President of Mountain Hardwear
The brand, which is part of the Columbia Sporstwear portfolio, has announced Troy Sicotte as the new President of Mountain Hardwear
JD Sports adds Bert Hoyt as Non-Exec Director
The retailer of sports, fashion and outdoor brands, announced Bert Hoyt has been appointed as a Non-Executive Director. Appointment is in place since the 8th of September 2021
Centenário: 80 years dedicated to the footwear industry
The history of Centenário begins in 1941 when Camilo Ferreira had the idea of opening a shoe factory. His dream of making quality footwear made him ride his bike up and down the hill, every day, for 15 years, to join his teamMedia Partners
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