World Footwear

News

Portuguese footwear components focus on sustainability

Mar 19, 2024 / Portugal
Under the Bioshoes4All project, the Portuguese footwear components industry is investing heavily in the development of a new generation of sustainable products. Meet some of them

Brazilian footwear exports off to a bad start

Mar 18, 2024 / Brazil
In the first two months of 2024, Brazil's footwear exports fell by 31.3% in volume and by 22.8% in value, as compared to the same period last year. More aggressive competition from China worries the industry

Strong performance of Inditex in 2023

Mar 15, 2024 / Spain
The Spain-based fashion group reported a 10.4% year-over-year growth in sales to 35.9 billion euros in 2023, with positive results across all channels and regions. Profits up by 30.3%

Global leather industry to gather at the upcoming APLF 2024

Mar 15, 2024 / Hong Kong
From the 19th to the 21st of March, the world’s leather industry will gather in Hong Kong for the fair’s return home. Eyes will be the much-anticipated attendance from APAC and Chinese buyers

Founder of Under Armour to take on CEO role once again

Mar 15, 2024 / United States
The US-based company has appointed Kevin Plank as President and CEO, effective from the 1st of April. He will succeed Stephanie Linnartz, who has been in the role for just over a year

World Footwear Voices: interview with Berke Içten from TASD

Today we bring you a conversation with Berke Içten, Chairman of the Executive Board of the Footwear Industrialists Association of Türkiye (TASD). Watch the new episode of the World Footwear Voices

Allbirds appoints new CEO amid sales decline

Mar 14, 2024 / United States
The California-based sustainable footwear brand has appointed its current COO, Joe Vernachio, to replace Joey Zwillinger as CEO, amid a slump in sales

adidas posts better-than-expected operating profit in 2023

Mar 14, 2024 / Germany
The German-based company reported a very challenging 2023, especially in the US market, but remains optimistic for a noticeable improvement in the second half of the current year

Genesco reports full year sales decline

Mar 13, 2024 / United States
Despite a slight improvement in the fourth quarter of fiscal 2024, the company’s full-year net sales were down as compared to the prior year. Genesco expects the market environment to remain challenging in the first half

Mango hits the 3 billion sales mark

Mar 13, 2024 / Spain
The Spanish-based fashion group has increased its turnover by 15%, reaching more than 3.1 billion euros for the first time in 2023. It aims now to pass the 4 billion mark by 2026

Foot Locker reports slight improvement in sales as year ends

Mar 13, 2024 / United States
The US-based sportswear retailer reported better-than-expected fourth-quarter results, with sales up by 2.0% on a comparable basis to the same period of 2022

Apple of Eden committed to sustainability

Mar 12, 2024 / Portugal
The Portuguese women’s footwear brand has just published its first Sustainability Report, thus reaffirming its “unwavering commitment to a greener and more ethical future”

AAFA announces the leadership of its 2024-2025 Board of Directors

Mar 12, 2024 / United States
The American Apparel & Footwear Association (AAFA) has announced the renewal of its Board leadership, as well as the addition of 15 new and re-elected Board members

Allbirds completes two international distributor deals

Mar 12, 2024 / United States
The sustainable footwear brand has signed two distribution agreements covering Australasia and Japan. Moving from direct sales to a distributor model is part of its strategic transformation plan

Prada’s full year profits surge by 44%

Mar 11, 2024 / Italy
The Italian-based group ended 2023 with a 17% growth in revenue and a 44% rise in profits, as compared to the previous year, boosted by the desirability of its Prada and Miu Miu brands
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