World Footwear

Accessories

Cedric Wilmotte appointed CEO of Michael Kors

Jan 24, 2023 / United Kingdom
Capri Holdings has announced that Cedric Wilmotte, currently Versace's Chief Operating Officer, will assume the role of Chief Executive Office of Michael Kors, effective 3rd of April

Burberry reports rise in sales despite weaker performance in China

Jan 20, 2023 / United Kingdom
The luxury group posted double-digit revenue growth in the third quarter of fiscal 23, excluding the impact of China, where COVID-19-related disruption continued to affect the business

Dune London expands retail footprint worldwide

Jan 6, 2023 / United Kingdom
With international sales representing 26% of its total revenue, the British footwear and accessories brand is planning to expand its presence across the Middle East, Asia, and the Americas

Caution rises as we step into 2023

Premium ContentJan 5, 2023 / World
Following the slump caused by the COVID-19 pandemic, in 2021, most fashion brands and retailers equalled or even exceeded their pre-pandemic performances. But 2022 will hardly be a forgettable year: the world’s inflation hit levels not seen since the early 80s, leading to a sharp hike in interest rates, Russia’s ceased to be a viable market for Western brands after its invasion of Ukraine on the 24th of February, and China’s economy slowed down due to the country’s zero COVID-19 policy. And yet, despite the worst projections, for the better part of the year, the fashion industry prevailed. Nevertheless, as we enter 2023 with a global recession still on the table, it is worth looking into the year-to-date results of some of the largest companies worldwide to understand the current situation

Marita Moreno opens sustainable concept store

Dec 22, 2022 / Portugal
Downtown Porto is the new home of the sustainably-focused Portuguese brand. Located at the Village by BOA Hotel, at Bonjardim street, the space features an assortment of various brands curated by Marita Moreno

Steve Madden cuts full year outlook

Nov 4, 2022 / United States
Despite a revenue increase in the third quarter of 2022, the US-based designer and marketer of footwear, accessories and apparel for women, men and children lowered its full year outlook

Hermès sales on rising mode

Oct 24, 2022 / France
The French-based luxury group reported a sales jump of 30% in the first nine months of 2022, year-over-year, and shows no signs of slowing down. Price hikes are in the pipeline for 2023

MICAM and sisters fairs announce dates for next edition

Oct 20, 2022 / Italy
MICAM, MIPEL, and TheOneMilano will once again be held together from the 19th through the 22nd of February 2023, overlapping with the dates of Lineapelle and HOMI Fashion&Jewels

Secondhand market tripled in size since 2020

Oct 13, 2022 / World
The estimated value of the apparel, footwear, and accessories resale market is now between 100 and 120 billion USD worldwide, more than three times the size it had two years ago

Burberry appoints Daniel Lee as new Chief Creative Officer

Sep 29, 2022 / United Kingdom
Daniel will join Burberry on the 3rd of October 2022. He will be based at Burberry’s headquarters in London and report to Chief Executive Officer, Jonathan Akeroyd

8000kicks launches waterproof hemp backpack

Sep 5, 2022 / Portugal
The Portuguese brand known for its waterproof hemp shoes has now introduced the Everyday hemp backpack, raising almost half a million euros in funding on the Kickstarter platform

Prada reports strong first half

Aug 5, 2022 / Italy
The Italian-based luxury group posted a net sales of increase of 22% in the first semester, as compared to the same period of the prior year, and is on track to meet midterm targets

Hermès sales grow in the first half

Aug 3, 2022 / France
The French-based luxury group posted a revenue increase in the first half of 2022, with all geographical areas recording "strong growth". Performance in Greater China bounced back in June

Capri aims at an 8 billion USD revenue goal

Aug 2, 2022 / United Kingdom
The group said at an Investor Day that it plans to increase the footwear and accessories sales of Jimmy Choo, Versace and Michael Kors, while also focusing on store growth

Kering reports strong performance

Aug 2, 2022 / France
Despite the global macro uncertainty, the French-based group posted a solid sales growth in the first half of 2022 in each of its Houses. Yves Saint Laurent’s performance reached “new highs”
Page 1 of 9