World Footwear

News

Loewe opens first leather goods repair store

May 31, 2023 / Japan
The Spanish luxury label has opened in Osaka (Japan) its first store entirely dedicated to the repair and maintenance of leather articles. A leather artisan will be in the store ready to repair and renew damaged products brought in

Permira to acquire majority stake in Gruppo Florence

May 31, 2023 / Italy
Funds advised by the global private equity firm Permira have agreed to acquire a majority stake in luxury goods manufacturer Gruppo Florence

Nike reorganizes senior leadership team

May 31, 2023 / United States
The sportswear giant is promoting Heidi O'Neill to the role of President, Consumer, Product and Brand, and Craig Williams to President, Geographies and Marketplace

Burberry appoints Alexandra McCauley as Chief People Officer

May 30, 2023 / United Kingdom
Joining from the luxury fashion brand Chanel, Alexandra McCauley will manage Burberry’s People strategy globally. She will join the company’s Executive Committee while reporting directly to Burberry CEO Jonathan Akeroyd

Kering unveils new Italian headquarters in the centre of Milan

May 30, 2023 / Italy
The luxury group will be the sole occupant of the six-floor Palazzo Pertusati, located in the central Via Senato, with views towards the quadrilatero della moda on one side, and the Giardini di Porta Venezia on the other

Brazil: footwear consumption to increase more than 3% in 2023

May 30, 2023 / Brazil
According to the forecast by the Brazilian Footwear Industries Association (Abicalçados), in 2023 the sector's growth should take place in the domestic market

France Retail: prospects for the clothing and footwear sectors are still far from positive

Premium Content May 29, 2023 / France
The stabilization of the pattern of weakening French consumer confidence in the first quarter of the year cannot mask the pessimism that is still being felt in the country, especially in the context of social unrest. Moreover, in this reality of high inflation, neither do price increases hide the contraction in volumes sold nor is it possible to ignore the difficulties faced by companies more exposed to the domestic market due to increased operating costs (rents and energy) or even the stagnation of the online channel. Retail prospects for the clothing and footwear sectors are, therefore, still far from positive

Lemon Jelly opens a pop-up store at Le Bon Marché in Paris

May 29, 2023 / Portugal
The Portuguese brand, known for its injected, coloured and lemon-scented footwear, can be found at Le Bon Marché Rive Gauche in Paris until the 18th of June in a colourful summer pop-up

CICB Sustainability Forum will be held at the Fimec Fair in 2024

May 26, 2023 / Brazil
The CICB Sustainability Forum will once again be held during Fimec (International Fair for Leather, Chemicals, Components, Machines and Equipment for Shoes and Tanneries), in Novo Hamburgo (Brazil)

Foot Locker lowers yearly guidance

May 26, 2023 / United States
In the first quarter of fiscal 2023, the US-based company saw its sales drop by 11.4% year-over-year due to the challenging macroeconomic backdrop, lowering its yearly guidance in result

Saucony's President steps down

May 26, 2023 / United States
Anne Cavassa, who joined Wolverine Worldwide as President of the Saucony brand in 2018, has left the company. Search for a successor is already underway

JD Sports appoints Dominic Platt CFO

May 25, 2023 / United Kingdom
British sportswear retailer JD Sports Fashion has appointed Dominic Platt as its Chief Financial Officer, replacing Neil Greenhalgh who is stepping down in the summer after four years in the role

Indian government considering monitoring imports of leather products

May 25, 2023 / India
The Commerce Ministry in India is considering introducing an import monitoring system for the leather sector. Under such a system, the traders will have to provide advance information about the products to be imported

adidas to release existing YEEZY products this May

May 24, 2023 / Germany
The giant sportswear announced it will begin selling some of the remaining inventory of adidas YEEZY products, with an initial release at the end of May 2023

VF reports a revenue decline

May 24, 2023 / United States
The US-based company posted a decrease in revenue and profits in the last quarter of fiscal 2023, but stressed that it has already improved its performance in terms of supply challenges
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