News
21st Edition of the UITIC Congress: innovation as a pathway to sustainability
Key stakeholders in the footwear industry will come together between the 20th to the 22nd of September, in Milan, to discuss how innovative solutions can ensure a more sustainable future
Inditex profits soar by 40% in the first half
The Spanish-based fashion group, which owns, among others, Zara and Massimo Dutti, posted a strong performance in the first half of 2023, marked by significant growth in profits
Puma marks the sixtieth anniversary of the Porsche 911
The German-based sportswear company has teamed up with Porsche to launch two exclusive limited-edition sneaker models that honour the legacy of the iconic Porsche 911
Sneaker resale marketplace Laced expands to Europe
The UK-based resale sneaker platform is expanding into European markets by starting to roll out dedicated language websites and introducing a series of currencies
Caleres names its first-ever Chief Design & Product Officer
The US-based footwear company has promoted Natelle Baddeley to Chief Design and Product Officer, effective immediately. She joined Caleres in 2018 as SVP of Design, Merchandise, and Product Development Strategy
Final countdown to the next UITIC Congress has now begun
With the definitive programme closed, expectations grow for the 21st edition of the International Congress of Technical Footwear, which will be held from the 20th to the 22nd of September in Milan
Italian footwear exports to Russia increase despite the current context
Exports of Italian footwear to Russia increased in value and volume in the first quarter of 2023, as compared to the same period last year
Bangladeshi leather exports decline
From July to August, Bangladesh posted a 12.73% decline in leather exports, as compared to the same period of last fiscal year. Only the leather goods segment grew in the period
Vietnam secures the 2nd position amongst leather footwear exporters
In 2022, the Asian country exported 387 million pairs of leather shoes, with a total value of 9.6 billion US dollars, overtaking Italy in the second position
Designer Brands President to step down
William Jordan, the President of Designers Brands and Camuto brand, will step down from both positions presumably on or before the 1st of December
Dick's Sporting Goods reports a fall in profits
The sporting goods retailer posted a sales growth of 3.6% in the second quarter of 2023, on a comparable basis to the same period of 2022, but saw its profitability fall due to the impact of high stock reductions
Portuguese ForEver celebrates its fiftieth anniversary
Founded in 1973 as a small footwear components factory, the Portuguese company quickly became a benchmark in the production of soles for the most renowned international brands
ACLE returned to Shanghai to inject optimism into the leather industry
After a four-year absence, the All China Leather Exhibition (ACLE) returned to Shanghai at the end of August to fuel some optimism in the midst of a difficult time for the Chinese leather industry
John Varvatos joins Under Armour as Chief Design Officer
The US-based company has appointed John Varvatos as Chief Design Officer, effective as of the 11th of September. He had been consulting for Under Armour since earlier this year
Designer Brands posts sales decline
Despite recording another sales decline in the second quarter of fiscal 2023, the North American company reiterated its full year guidance after seeing some improvement from the prior quarter
361 Degrees posts double-digit revenue growth
The Chinese-based activewear company recorded an 18% revenue increase in the first semester of the year, as compared to the same period in 2022, driven by a boost in domestic consumption
President of Journeys to retire in February 2024
After working at Genesco for 44 years, Mario Gallione, who became President of Journeys in 2017, will step down from his role in February 2024. Search for a successor is already underway
Wolverine Worldwide sells US Leathers and Hush Puppies IP in Greater China
The company announced that its US Leathers business has been sold to New Balance and that Hush Puppies' intellectual property in Greater China will be sold to its current sublicense in the region
Children's footwear start-up Jbrds Secures 500 000 USD in funding
The Baltimore-based start-up has secured 500 00 US dollars in an initial funding round. Although its financial backers are not known, the company is now valued at 5 million US dollars
UK: footfall declined over Summer holidays
According to the data from British Retail Consortium Sensormatic IQ, footfall decreased by 1.6% in August, after rising by 1.8% in July, as compared to the same month of 2022
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