Companies
Prada confirms robust growth in 2021
In a preliminary update, the luxury group has announced that sales bounced back above pre-pandemic levels. Revenue for the full year of 2021 reached 3.36 billion euros
American Exchange Group to acquire Aerosoles
The US-based designer, manufacturer and wholesaler has announced that it will buy the assets of the luxury comfort footwear brand to drive business opportunities growth
Roberto Vago (ASSOMAC): sustainability is not a marketing idea, but a realistic idea
Today, we bring the highlights of a conversation with Roberto Vago, Managing Director of Assomac, the National Association of Footwear, Leathergoods and Tanning Technologies' Manufacturers in Italy. We have talked about the impacts of COVID-19, sustainability and Industry 4.0, amongst other topics
Coats launches fibre-laying technology for footwear
The British industrial thread manufacturer has launched Lattice Lite Eco, which uses sustainable materials, to create footwear composite materials
Stella posts growth over 2021
The Hong Kong-based footwear manufacturer and retailer has reported that its unaudited consolidated revenue for 2021 increased by 35.6% over 2020, reaching 1.54 billion US dollars
Pou Sheng strengths partnership with Nike in China
Yue Yuen’s retail subsidiary Pou Sheng International has boosted its cooperation with Nike to offer a more convenient and personalized omnichannel retail experience
Timberland launches take-back programme
The Timberloop scheme enables customers to return any used footwear and apparel to give them a new life. It is part of the VF-Corp-owned-brand goal of reaching full circularity by 2030
Digital, digital and more digital
Digital channels are increasingly important and during the onset of the COVID-19 pandemic, many retail businesses had to quickly adjust from in-store to digital sales. More then ever, the focus seems to be on the digital
JD Sports improves full year outlook
The UK-based retailer improved its annual profit forecast for the second time in four months, underlining the positive performance during the holidays
Imanol Martinez (FICE): sustainability is an opportunity for producers in Southern Europe
Today we bring you the second part of a conversation with Imanol Martinez, Marketing Director of FICE, the Federation of Spanish Footwear Industries. Learn his views on sustainability and challenges of the footwear industry as we are coming out of the COVID-19 crisis
Sorel launches inclusive footwear line with Zappos
The brand teamed up with Zappos to introduce modifications and features to three of its iconic silhouettes to make them accessible to everyone. The line is exclusively available on Zappos adaptative
Strike at Pou Chen’s factory in Vietnam
Thousands went on strike at a factory in southern Vietnam that belongs to the Taiwanese manufacturer of branded sports footwear. Employees are demanding better year-end bonuses
Merrell donates 25 000 US dollars to the Boulder County Wildfire Fund
The brand has announced that it will not attend the upcoming Outdoors Retailer's event due to COVID-19 concerns. Instead, it will donate the saved money to the Boulder County Wildfire Fund
Crocs raises 2021 outlook
The US-based brand of casual footwear has announced that it expects revenue for 2021 to grow by 67% over 2020, raising its previous guidance of approximately 62% to 65% growth
ABG cancels its IPO application
The retail conglomerate has officially withdrawn the registration that it had made with the US Securities & Exchange Commission for an initial public offering on the 6th of July 2021-
Footwear Consumer 2030
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