Companies
Kizik names former Nike veteran as CEO
The Utah-based slip-on footwear brand and its parent company, HandsFree Lab, have appointed Gareth Hosford, the former Nike and Converse executive, as Chief Executive Officer
Prada acquires a 10% stake in the Rino Mastrotto leather group
The Italian luxury group will hand over two tanneries to Rino Mastrotto, as well as an unspecified cash investment. This will enable Prada to exert greater control over its production process
Luca de Meo appointed Chief Executive Officer of Kering
The CEO of the automotive group Renault has been appointed to the role of Chief Executive Officer of the luxury group Kering, marking a change in the company’s governance
Footwear prices to increase over the next six months
75% of the respondents of the last edition of the World Footwear Business Conditions Survey expect footwear retail prices to increase over the next six months. The report with the results of the 12th edition of the survey is now available
Inditex reports slower growth in the first quarter
The Spain-based fashion retailer saw a 1.5% year-on-year increase in sales in the first quarter of 2025. However, these figures fell short of expectations, highlighting a more challenging economic environment
Designer Brands posts weak first quarter, withdraws full year outlook
The Ohio-based company has posted weak results in the first quarter. Due to ongoing instability and pressure on consumer discretionary spending, it has also withdrawn its full year outlook
Dr. Martens unveils a new strategy aimed at returning to growth in FY26
Having delivered on its full year 2025 objectives, the footwear company has launched the Levers For Growth strategy, with the aim of returning to growth over the current fiscal year
Nike appoints new Chief Innovation Officer
Following John Hoke’s announcement of his retirement, the US-based sportswear company promoted Tony Bignell, Vice President of running footwear, to Chief Innovation Officer
New Generation: Inês Ferreira from Paradigma
Inês Ferreira, who has a degree in Management from Católica Porto Business School, is the second generation to lead the Paradigma company
Genesco posts a better-than-expected first quarter
The US-based footwear company posted better-than-expected results in the first quarter, with sales growing and the operating loss narrowing as compared to the same period last year
Shoe Carnival names Kerry Jackson to lead New Business Development
The US-based footwear retailer has announced the return of industry veteran Kerry Jackson to the newly created role of Senior Vice President of New Business Development
Dr. Martens appoints former Nike executive as President of Americas Region
The UK-based footwear company has appointed Paul Zadoff, a former Nike executive, as President of the Americas, as part of its ongoing efforts to rebuild its business in the US
Pampili to boost expansion with a focus on innovation
The Brazilian children’s footwear manufacturer is accelerating its expansion in 2025 with an investment of 10 million Brazilian reais (approximately 1.77 million USD) in technology and innovation development
Golden Goose reports double-digit growth in the first quarter
The Italy-based luxury sneaker company reported double-digit growth in the first quarter of the year, driven by the successful performance of the DTC channel across all regions
Less Optimism about Footwear Consumption in 2025
The results of 12th edition of the World Footwear Business Conditions Survey are now available. The average expected growth rate for footwear consumption is 7.6%, slightly less than the 8.4% projection made in the last quarter of 2024-
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