World Footwear

Companies

Solid growth for Stella

Jul 23, 2021 / China
Unaudited consolidated revenue increased by approximately 58.1% to 392.1 million US dollars for the three months ended on the 30th of June 2021 and increased by 36.1% to 695.5 million US dollars for the six months ended on the same day

Leather industry prepares next physical meetings

Jul 23, 2021 / Ethiopia
The 5th edition of the World Leather Congress, which was presented on the 15th of July, will be hosted by the city of Addis Ababa will host the event on the 1st of November. From the 3rd to the 5th of the same month, the XXXVI IULTCS Congress will also take place in Ethiopia’s capital

Richard Teyssier is Puma's new General Manager for Europe

Jul 23, 2021 / Germany
Sports giant Puma has appointed Richard Teyssier as General Manager Europe, effective from the 1st of September 2021 onwards. In this role, Richard succeeds Arne Freundt, who was appointed as Puma’s Chief Commercial Officer in June

UK: 17 000 new high street stores could open

Jul 22, 2021 / United Kingdom
New research by Barclays Corporate Banking disclosed that thousands of local high street stores could open across the UK in the next 12 months as consumers adapt to a post-lockdown and are more focused on local shopping

Ferragamo's revenue up by 44.1%

Jul 22, 2021 / Italy
The increase in revenue has been achieved despite the permanence, in some countries, of lockdowns and bans driven by COVID-19. On the 30th of June 2021, Ferragamo was operating with 53% of retail stores at full capacity

Nordstrom with new Chief Human Resources Officer

Jul 22, 2021 / United States
The fashion retailer announced Farrell Redwine as its new Chief Human Resources Officer. She will join the executive team and report to Nordstrom CEO Erik Nordstrom

North Macedonia: retail continues its recovery

Jul 21, 2021 / North Macedonia
Retail sales in North Macedonia grew by 19.2% year-on-year in May, following a record 23.0% surge in the previous month, according to data released by the State Statistical Office (Makstat)

Crocs commits to becoming a Net Zero company by 2030

Jul 21, 2021 / United States
The US-based brand known for its casual clogs says it will address the entire value chain with a strategic focus on sustainable ingredients, packaging, product afterlife and resource use

Latest edition of Expo Riva Schuh comes to a positive close

Jul 21, 2021 / Italy
2 700 visitors from 79 different countries and 406 exhibiting companies marked the 3 days of the Riva del Garda trade fair, in its return to an onsite event

US Retail: a friendly atmosphere for retail

Premium ContentJul 20, 2021 / United States
The consumer confidence momentum in the US is in good shape, resulting in the best results achieved in more than a year. Footwear consumer prices have increased significantly since February, and after a long year of deflation this is good news for retailers. As for ecommerce, the post-pandemic normalization is expected to brake the online impetus. However, the expectation is that the upwards online share trend will resume at least at the pre-pandemic ending point

Puma sales reach 1.6 billion euros in Q2

Jul 20, 2021 / Germany
The Germany-based sportswear giant has announced currency-adjusted sales in the second quarter of 2021 increasing by 96% to 1 589 million euros. This compares to 831 million euros in similar period in 2020

LVMH to buy majority stake in Off-White

Jul 20, 2021 / France
The international luxury group announced the acquisition of 60% of shares of Off-White LLC, owner of the Off-White brand

Zouri and O'Neill are teaming up

Jul 19, 2021 / Portugal
The North American brand joins the Portuguese brand to create a line of shoes with 12 unique models, which contain marine waste collected from Portuguese beaches

L Catterton acquires majority stake in Italian-based Etro

Jul 19, 2021 / Italy
Under the agreement, L Catterton Europe will acquire a majority stake in the company, while the Etro family will retain a significant minority. Founder Gerolamo Etro will be appointed as Chairman

Business on the market is picking up again

Jul 19, 2021 / Germany
This is how Ulrike Kähler, Managing Director of Igedo Company and Gallery Project Director, opened the preview of the upcoming Gallery SHOES & Fashion, taking place from the 29th to the 31st of August 2021 at the Areal Böhler in Düsseldorf
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