World Footwear

Fashion

LVMH posts record annual sales

Jan 27, 2023 / France
The French-based luxury group reported to have reached a revenue of 79.2 billion euros in 2022, with profit from recurring operations totalling 21.1 billion euros, both up by 23% over 2021

Primark reports very strong Christmas period

Jan 27, 2023 / United Kingdom
The retailer posted a sales increase of 15% in the 16 weeks to the 7th of January 2023, driven by strong footfall after the easing of COVID-19 restrictions, which impacted last year's results

British Vivienne Westwood dies at 81

Dec 30, 2022 / United Kingdom
The fashion designer, who was the pioneer of the punk fashion phenomenon of the 70s and whose subsequent eccentric styles had a major influence in later decades, died at the age of 81. She was also a known climate activist

Inditex will invest at least 10 million euros to restore ecosystems

Dec 29, 2022 / Spain
The Spanish-based fashion group has signed a three-year partnership agreement with the World Wide Fund for Nature (WWF) to support nine of the organization's conservation projects

Scotch & Soda announces new footwear licensee

Dec 27, 2022 / Netherlands
The Amsterdam-based fashion brand has signed a worldwide licensing deal with Bos Group International for the design, production and distribution of the brand’s footwear collections

H&M full year sales to rise

Dec 16, 2022 / Sweden
The Sweden-based fashion group has released its sales development for the full year 2022, including the fourth quarter, ahead of the publication of final results on the 27th of January 2023

Inditex reports sales growth of 19%

Dec 15, 2022 / Spain
The Spanish-based fashion group reported a sales increase of 19% in the first nine months of 2022, reaching 23.1 billion US dollars, as compared to the same period of last year

Andrea Guerra appointed CEO of the Prada group

Dec 7, 2022 / Italy
The luxury group announced that the former CEO of Luxottica and LVMH's hospitality unit, Andrea Guerra, will be proposed as CEO at the next board meeting on the 26th of January 2023

H&M to lay off 1 500 people

Dec 6, 2022 / Sweden
The Sweden-based fast fashion company announced that it will cut around 1 500 jobs from its workforce as part of a global cost and efficiency programme recently initiated

Gucci's Creative Director Alessandro Michele steps down

Nov 24, 2022 / Italy
The Italian-based luxury House has announced that the Rome-born designer is stepping down as Creative Director, effective immediately, after almost eight years in the job

Capri Holdings announces second quarter results

Nov 11, 2022 / United Kingdom
The fashion group, owner of Versace, Michael Kors and Jimmy Choo, reported revenue growth of 8.6% in the second quarter of fiscal 2023, driven by good performances of its three houses

Alexandra Moura reinvents Wock models

Oct 31, 2022 / Portugal
Following the success of the first collaboration, the Portuguese designer teamed up again with the Portuguese-based footwear professional company Wock to reinvent one of its models

Asos embarks on reorganization under new CEO's leadership

Oct 21, 2022 / United Kingdom
In the process of introducing a new business model focused on increasing flexibility within its logistics and reducing costs, Asos is writing off up to 130 million British pounds (150 million euros) of stock

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

Taipei Fashion Week partners with JOOR Passport

Oct 5, 2022 / Taiwan
For a third season, the Taiwanese Fashion Designers will be featured in an exclusive event on JOOR Passport’s digital platform
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