News
Asia accounts for more than half of the global footwear consumption
The dominance of the Asian continent in the consumption of footwear continues, according to data published in the World Footwear Yearbook 2024, as recently released by APICCAPS, the Portuguese Footwear Association
Uniqlo appoints Clare Waight Keller as Creative Director
Japan-based Fast Retailing has announced the appointment of the British designer Clare Waight Keller as its new creative director. She has previously worked at the luxury houses Givenchy and Chloé
New Generation: meet Inês Pinho Mota from Leal & Cª
With a degree in Fashion Design, Inês is the second generation at the helm of Leal & Cª, which has just launched the MITIK brand. The goal is to reach new markets
Nordstrom brothers make bid to buy back eponymous retailer
The Seattle-based department store chain has confirmed that brothers Erik and Peter Nordstrom have made an offer to take their namesake retailer private, potentially returning the company to family control
UK retail sales rose slightly in August
UK retail sales increased just by 1% year-on-year in August, driven by summer shopping, reflecting the challenging retail environment that is likely to prevail for the rest of the year
Back-to-school season drives growth for Shoe Carnival
Boosted by the back-to-school season, the US-based footwear retailer posted record sales in the second quarter of its current fiscal year. As a result, it has raised its full year guidance
Loake Shoemakers introduces digital product passports
Ahead of upcoming EU regulations, the British leather footwear brand has teamed up with digital platform Buyerdock to integrate Digital Product Passports (DPP) across its entire product range
New leadership appointments at Burberry
The UK-based luxury group has announced the appointment of Jonathan Kiman as Chief Marketing Officer and of Laura Dubin-Wander as President of the Americas region
Temu’s owner warns of slowing growth ahead
The Chinese e-commerce group PDD Holdings has reported a strong performance in the second quarter of 2024. However, it has also warned of challenges ahead as growth slowed on a quarter-on-quarter basis
Kizik looks to expand its global footprint
As part of its global expansion strategy, the Utah-based slip-on footwear brand has announced that it has signed distribution agreements for Taiwan, Italy and Southeast Asia
German footwear industry at a standstill
The German footwear industry remains cautious, according to the industry association HDS/L, and does not expect an upturn in the second half of the year
Schuh introduces single-shoe purchase for disabled customers
Schuh, the footwear retailer owned by Genesco, has introduced single-shoe purchases across its store network to meet the needs of customers with limb differences or disabilities who require only one shoe
Birkenstock reports a 19% increase in third quarter revenue
As it continues to invest in expanding its production capacity and global footprint, the German-based company has reported a solid third quarter performance, with double-digit revenue growth in all channels and regions
Kurt Geiger posts record full year sales
The British footwear and accessories brand has reported a strong year 2023/2024, against both a backdrop of rising prices across the industry and weakening global consumer demand
Leather footwear leads exports in value, but rubber & plastic leads in volume
Leather footwear accounts for 38% of the total value. In terms of volume, rubber & plastic footwear commands the pole position, accounting for half of the global exports, according to the latest World Footwear Yearbook
Stella Holdings announces increase in the payout to shareholders
After achieving a 54% year-over-year rise in first half net profit, the Hong Kong-based footwear manufacturer has announced a significant increase in the payout to shareholders over the next three years
Puma appoints Indrajeet Sen as SVP of Group Sourcing
The German-based company has appointed Indrajeet Sen as Senior Vice President of Puma Group Sourcing. He succeeds Chief Sourcing Officer Anne-Laure Descours, who decided not to renew her board contract
Foot Locker returns to sales growth
As its Lace Up Plan continues to make progress, the US-based sports retailer returned to sales growth in the second quarter and reaffirmed its non-GAAP earnings outlook for the full year
Parent company of Havaianas reports growth
Brazilian company Alpargatas has reported a strong second quarter, underlining the success of the restructuring strategy launched a year ago
Nike and LEGO team up
The US-based sportswear giant and the LEGO Group have announced a multi-year partnership to bring to life the many ways sport and creative play can help empower children worldwide
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