News
Disruptions in the Red Sea continued into the third quarter
Global ocean carrier AP Moller-Maersk has warned that the coming months will be difficult for both carriers and businesses as the conflicts in the Red Sea continue to affect the normal functioning of supply chains
Diadora appoints new USA Chief Marketing Officer
The Italian-based sporting goods manufacturer has appointed Ryan Eckel, former brand president of running brand Tracksmith, as its next USA Chief Marketing Officer
Nike creates an immersive experience for the Olympic Games at Centre Pompidou
The US-based sportswear giant has teamed up with the Centre Pompidou, one of the historic landmarks of Paris, to celebrate the unending story of Nike Air innovation during the Olympic Games
The stage is set for the next edition of Aymod
After a successful February edition, the next edition of the Aymod Footwear Fashion Fair, to be held in Istanbul from the 4th to the 7th of September, is expected to attract visitors from over 100 countries
Kering profits plunge in the first half
Amidst a general slowdown in demand for luxury goods and with Gucci struggling badly, Kering has seen its first half net profit halved as compared to the same period last year
Skechers files patent infringement lawsuit against L.L Bean
The US-based sneaker company claims that the American retailer has illegally used its patented “heel cup” design. Skechers is seeking a jury trial and financial compensation
LVMH posts a 14% drop in net profit
The French-based luxury conglomerate has posted a 14% year-on-year fall in first half net profit amid an uncertain macroeconomic environment. Fashion & Leather Goods division hit by currency fluctuations
Mango launches first campaign entirely generated by AI
The Spanish fashion group has used generative AI to create a campaign for the limited-edition Sunset Dream collection of its youth line. The initiative underlines the company’s commitment to innovation
Upward trend in Vietnamese exports of leather, footwear and handbags
Based on positive results so far, Vietnam’s exports of leather, footwear and handbags could reach 26 to 27 billion USD by the end of the year, according to Lefaso
US Retail: there’s still a great deal of uncertainty
There are still no solid signs of a recovery in the footwear retail sector. Despite mirroring last year’s trend, sales are consistently lower than in 2023, and footwear imports continue their downward trajectory. This may suggest that prices have not yet reached a level where consumers will bite. The truth is that the US economy has made great progress and inflation has eased considerably, but not enough to reassure consumers, who are still uncertain about what will happen next. And when that happens, discretionary items always pay the price
Portuguese Trofal breathes new life into Elite with a focus on women
Portuguese footwear manufacturer Trofal is breathing new life into the Elite brand by expanding its range for women while maintaining the brand’s key attributes of quality, resistance and durability
Shift towards Streamlined Production Lines is Anticipated
In this edition of the survey, we asked our experts about their opinion on which technology – from a pre-selected list – is most likely to revolutionize the footwear industry in the coming years. Read all about it now
German shoe wholesaler Pölking ends insolvency proceedings
After 14 months of self-administration, the German shoe wholesaler Pölking has emerged from insolvency and has repositioned itself to adapt to new market conditions
Uniqlo fuels growth for Fast Retailing
The Japanese fashion retailer has posted a large increase in revenue and profits in the first nine months of its current fiscal year, driven by strong performances from Uniqlo across almost all regions
Birkenstock welcomes new Managing Director for Southeast Asia and Down Under
The footwear company has appointed Evelyn Chua as Managing Director for Southeast Asia and Down Under. In this newly created role, she will be in charge of expanding the brand’s presence in the region
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