News
Nike reorganizes senior leadership team
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
Brazil: footwear consumption to increase more than 3% in 2023
According to the forecast by the Brazilian Footwear Industries Association (Abicalçados), in 2023 the sector's growth should take place in the domestic market
Kering unveils new Italian headquarters in the centre of Milan
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
Burberry appoints Alexandra McCauley as Chief People Officer
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
Lemon Jelly opens a pop-up store at Le Bon Marché in Paris
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
France Retail: prospects for the clothing and footwear sectors are still far from positive
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
Saucony's President steps down
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
Foot Locker lowers yearly guidance
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
CICB Sustainability Forum will be held at the Fimec Fair in 2024
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)
Indian government considering monitoring imports of leather products
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
JD Sports appoints Dominic Platt CFO
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
Scottish businesses experience a 10% decline in rate bills
The country’s shops are seeing a drop of almost 10% in business rate bills of nearly 10%, following a reassessment made by the Scottish Government last month
VF reports a revenue decline
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
adidas to release existing YEEZY products this May
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
German footwear manufacturer EOD declares insolvency
The company, known for the Groundies shoe brand, has filed for insolvency proceedings with the Freiburg District Court with the aim of restructuring itself to get back “on solid ground”
JD Sports delivers solid performance
According to the group's latest update on fiscal 2023, the UK-based retailer saw its revenue and profit before tax and adjusting items grow year-over-year despite supply chain challenges
Authentic Brands Group eyeing Hunter Boots
New York-based ABG, the owner of Reebok and Ted Baker, is one of the possible bidders for Hunter Boots, the Wellington boots specialists
Farfetch announces first quarter results
The UK-based luxury online retailer posted an 8.1% revenue growth in the first quarter of 2023, as compared to the same period of last year, but a profit loss of 174.3 million US dollars
Portuguese footwear goes to school to prepare the generation of the future
The Portuguese Footwear, Components, Leather Goods Manufacturers' Association (APICCAPS) will carry out a three-years initiative in schools to attract a new generation of talent to the sector
GianPaola Pedretti, Exhibition Manager of Expo Riva Schuh & Gardabags: we are confident it will return to its peak levels by next year
With the footwear and accessories goods market on the upswing, expectations are high for the next edition of the Expo Riva Schuh & Gardabags. We spoke to GianPaola Pedretti, Exhibition Manager, to get an overview of what to find from the 17th to the 20th of June in Garda
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