News
Skechers announces first quarter results
The US-based footwear company has reported record sales of 2.00 billion US dollars in the first quarter of 2023, up by 10% as compared to the same period of the previous year
Hoka launches first-ever collection for children
The Deckers Brands division has launched its first children's footwear collection. With kid-centric features, the Youth collection was inspired by three of Hoka's most iconic styles
New Generation: meet Tiago Pereira from Algori
With a degree in Management and a post-graduation in Logistics, Tiago Pereira has been working for seven years in the family company Albano Pereira, which recently launched a new sports footwear brand, Algori
Puma reports solid performance
The German-based sportswear company posted double-digit growth of 14.4% in the first quarter of 2023, year-over-year, with a noteworthy performance of its direct-to-consumer channel
Michael Jordan's sneakers sold for a record 2.2 million USD
The pair of sneakers worn by the athlete in the 1998 NBA Finals was sold last month for 2.2 million USD, setting a new world record for the most expensive pair of shoes ever purchased
Amazon posts profit in the first quarter
The Seattle-based online retail giant reported a first quarter 2023 net income of 3.2 billion US dollars, as compared to a net loss of 3.8 billion US dollars in the same period last year
Tod's pays tribute to craftsmanship
The luxury group collaborated with the British photographer Tim Walker to celebrate its own founding values, namely Italian craftsmanship and know-how
Bangladesh: leather exports register a small growth
From July to March 2023, Bangladeshi’s total leather exports increased only by 2.56% year-over-year, reflecting a deceleration in the category exports since the start of the year
Crocs raises full year guidance
The US-based footwear company has raised its full year outlook as a result of a 34% revenue growth in the first quarter of 2023, as compared to the same period last year
Reno's Austrian branch also declared bankruptcy
After the shoe retailer Reno filed for bankruptcy in Germany at the end of March, the company's Austrian subsidiary, HR Group GesmbH, decided as well to file for bankruptcy
Authentic Brands acquires Vince brand intellectual property
The US-based brand management company has entered into an agreement with Vince Holding Corp to acquire Vince brand intellectual property, expanding this way its luxury portfolio
Coach launches sub-brand focused on circularity
Coachtopia, co-created with a growing community of Gen Z members, was built according to circularity principles aiming to push for a transition to a fully circular fashion system
Kering posts mixed first quarter performance
The French-based luxury group posted a 1% year-over-year marginal revenue growth in the first quarter of 2023, with Gucci slightly recovering from a 14% revenue decline in the fourth quarter of 2022
JD Sports appoints first Global Managing Director
The UK-based retailer has appointed Michael Armstrong to the newly-created role of Global Managing Director. He is expected to further help drive the group's growth
Ferragamo reports a weak first quarter
The luxury group reported a 4.0% year-over-year revenue decline in the first quarter of 2023, saying that the release of its new collection has not yet helped the brand’s relaunch
Brazilian footwear exports slowdown
In March, Brazil's footwear exports declined by 11.4% in volume and by 2.6% in value, as compared to the same month of 2022, reflecting the slowdown of the global economy
World Leather Day returns to celebrate the benefits of leather
Due to be held on the 26th of April 2023, the World Leather Day initiative aims once again to promote and encourage a greater understanding of the positive attributes of leather
Decathlon reports full year sales growth
The French-based sporting goods retailer has announced a net sales increase of 12% in 2022, euros as compared to the previous year, reaching 15.4 billion euros
Farfetch names new Chief Marketing Officer
The luxury e-tailer has appointed Nick Tran as its new Chief Marketing Officer. He brings to the role his expertise in engaging with Gen Z and Millennial customers at TikTok, Taco Bell, Samsung, and Hulu
Sanjo expands its range into children footwear
The 90th-years old footwear brand expands its offer to children with the launch of “Sanjo Kids”. The first collection features a collaboration with the Portuguese artist Wolf & Rita
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