News
Birkenstock's new shoe factory starts up
The German footwear company announced that its new facility located near Pasewalk, in Northeast Germany, has started operating according to schedule, just 17 months into the construction period
JD Sports on track to meet full year profit outlook
The UK-based retailer reported in its interim results a strong first half performance, with a 12% year-over-over growth in organic sales, saying it's on track to achieve its full year profit outlook
Visitors to Milan's trade fairs rose by 21%
Between the 17th to the 20th, MICAM and its sisters' fairs were visited by 42 273 people, up by 21% on the September 2022 edition. The organisation highlights the increase in foreign buyers
Pakistan: footwear exports decline in value at the start of the year
According to the Pakistan Bureau of Statistics (PBS), footwear exports from July and August decreased by 12.75% year-on-year, mainly due to the drop recorded in the leather footwear segment
Nordstrom announces leadership appointments
The Seattle-based department store chain has announced some executive changes in the company's merchandising and store divisions
US: footwear prices fall while overall inflation rises
Data from the Footwear Distributors and Retailers of America (FDRA) for the month of August shows that footwear prices continue to drop despite accelerating inflation
Rocky Brands' CFO steps down
The Ohio-based footwear company announced that Sarah O’Connor has resigned from her role as Chief Financial Officer and Treasurer. She had taken up the position just six months ago
Colombian footwear industry slows down in 2023
After growing substantially in 2022, the Colombian footwear industry slowed down in 2023 due to the impact of high inflation, rising costs and low consumption, says ACICAM’s Vice President
H&M anticipates 'flattish' sales
The Sweden-based fashion group has released a sales development update for the third quarter of fiscal 2023, ahead of the publication of the nine-month report scheduled for the end of September
China and Belarus to strengthen bilateral cooperation in the leather sector
The China Leather Industry Association and the Belarusian State Light Industry Agency have signed a cooperating agreement to promote bilateral leather trade between the two countries
Zalando: co-CEOs remain at the helm and sustainability and D&I come under the same umbrella
The e-commerce platform announced that the contracts of Robert Gentz and David Schneider as co-CEOs have been extended and that Pascal Brun has been appointed Vice President of Sustainability and Diversity & Inclusion
Impending UITIC Congress to address sustainability and digitization
From the 20th and the 22nd of September, in Milan, main stakeholders in the footwear industry will meet to address pressing issues for the sector in the midst of today's complex reality
Golden Goose posts strong first half
The Italian-based luxury sneaker brand saw its revenue increase by 21% in the first half of the year, as compared to the same period in 2022, with all its markets showing double-digit growth
Fly London uses Artificial Intelligence
The Portuguese footwear brand has used artificial intelligence (AI) to generate the images of its new Autumn/Winter 2023 collection, thus positioning itself once again at the forefront
Venezuelan footwear industry calls for a financing plan
Following the 25th edition of the Latin American Footwear Forum, we spoke with the President of the Venezuelan Chamber of Footwear and Components (Cavecal), Tony di Benedetto, about the challenges and expectations of the country’s footwear industry
Italian footwear industry decelerates
Expectations of a slowdown in the country's footwear industry materialised in the second quarter of 2023. Both the volume of exports and production are falling, as is household spending
Mexican footwear industry on an upward trajectory
The Chamber of the Footwear Industry of the State of Guanajuato (CICEG) estimates that by the end of 2023 footwear production should be just 5% below that of 2019, before the onset of the COVID-19 pandemic
Primark to close the year with sales growth
Primark's parent company, Associated British Foods (ABF), issued a trading update just before the end of its financial year, anticipating sales growth for both the last quarter and the full year
Birkenstock files for IPO
The German footwear brand has filed for an initial public offering with the US Securities and Exchange Commission, revealing its finances for the first time
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