World Footwear

Companies

Bluestar Alliance rescues Scotch & Soda

Mar 30, 2023 / Netherlands
The US-based brand management company has announced the acquisition of the Amsterdam-based brand, just days after Scotch & Soda declared bankruptcy for its Dutch operations due to “severe cash flow problems”

Gucci launches new deadstock and resale programmes

Mar 30, 2023 / Italy
The luxury House has launched the initiatives Gucci Preloved with Vestiaire Collective and Gucci Continuum, featuring redesigned deadstock materials, as part of its ongoing circularity efforts

Dr. Martens appoints non-executive director

Mar 30, 2023 / United Kingdom
The iconic British footwear brand has announced that Andrew Harrison will join the board of the company as an independent non-executive director, effective as of the 1st of May

Join the 8th edition of the World Footwear Business Conditions Survey

Mar 29, 2023 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. We want to hear you!

Allbirds to release the world's first zero carbon shoe

Mar 29, 2023 / United States
The Californian sustainable footwear brand claims to have created the “world’s first net carbon shoe”, named M0.0NSHOT, by completely reimagining the way it makes products

Stella International launches three-year growth plan

Mar 29, 2023 / Hong Kong
The footwear manufacturer confirmed its positive 2022 results, while taking the opportunity to launch a three-year plan (2023 – 2025) that focuses on growth and margin expansion

First black-owned US footwear factory opens its doors

Mar 28, 2023 / United States
The North American company Designer Brands inaugurated, along with the Pensole Lewis College of Business & Design, the first black-owned footwear factory in the US, called 'JEMS by Pensole'

Yue Yuen warns on cloudy short term outlook

Mar 28, 2023 / Hong Kong
Despite reporting revenue and earnings growth over 2022, the group highlighted that the demand for footwear remains cloudy in the short term due to the many global headwinds impacting the business

New Generation: meet Alexandre Pimenta from Solpré

Mar 27, 2023 / Portugal
Alexandre Pimenta represents the second generation at the helm of the Portuguese company Solpré, which specializes in the production and commercialization of soles. Sustainability is the keyword for the future, he says

Nike reports sales increase

Mar 27, 2023 / United States
As it continues to clear out its excess inventory, the US-based sportswear giant reported that its revenue increased by 14% in the third quarter of fiscal 2023, year-over-year

Japan retail: unlocking consumer confidence is key for retail

Premium ContentMar 24, 2023 / Japan
The volume of footwear imports closed 2022 about 10 percentage points below the 2015 baseline, suggesting that the impact of the imported inflation on prices has been clouding the real performance of retail sales in the category. Both the government and some companies have offered inflation allowances or anti-inflation subsidies, but given the saving Japanese mindset, it can be expected that any additional disposable income will not necessarily be used for discretionary shopping, such as clothing and footwear. To boost consumption, it is therefore needed to unlock consumer confidence, which improved only marginally In February, and appears now to be flattening

Scholl teams up with denim brand Re/Done

Mar 24, 2023 / United States
The footwear brand has teamed up with the Californian-based brand Re/Done on a limited-edition footwear capsule collection for the spring/summer 23 that reimagines the iconic Pescura sandal

Shoe Carnival sales decline

Mar 23, 2023 / United States
The US-based footwear retailer posted a fourth quarter and annual sales decline in 2022 over the prior year, but profits exceeded pre-pandemic levels

Foot Locker unveils long-term growth strategy

Mar 22, 2023 / United States
After announcing its full year and fourth quarter results, in which both sales and earnings declined over fiscal 2021, the US-based retailer introduced its long-term growth plan ‘Lace Up’

Shoe Carnival appoints new CFO

Mar 21, 2023 / United States
The footwear retailer appointed Erik Gast to the role of Chief Financial Officer, effective the 24th of April. He will succeed W. Kerry Jackson, who will retire after a 35-year career with the company
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