After being placed into receivership on the 29th of March, the future owner of the French-based luxury shoe brand will be decided on the 14th of June by a Paris-based commercial court
The US-based company reported that its 2023 fiscal net sales reached 3.15 billion US dollars, up by 15.1% from the prior year, with the Hoka brand driving the company's growth during the year
The US-based retailer saw its sales decline in the first quarter of 2023 due to the impact of inflation on its customers’ purchasing power, reduced federal tax refunds and poor weather conditions
The Japan-based sportswear company announced that its fiscal 2022 revenue grew by 22.8% over the prior year, reaching the “record” amount of 212.0 billion Japanese yen (1.50 billion USD)
According to the forecast by the Brazilian Footwear Industries Association (Abicalçados), in 2023 the sector's growth should take place in the domestic market
Joining from the luxury fashion brand Chanel, Alexandra McCauley will manage Burberry’s People strategy globally. She will join the company’s Executive Committee while reporting directly to Burberry CEO Jonathan Akeroyd
The stabilization of the pattern of weakening French consumer confidence in the first quarter of the year cannot mask the pessimism that is still being felt in the country, especially in the context of social unrest. Moreover, in this reality of high inflation, neither do price increases hide the contraction in volumes sold nor is it possible to ignore the difficulties faced by companies more exposed to the domestic market due to increased operating costs (rents and energy) or even the stagnation of the online channel. Retail prospects for the clothing and footwear sectors are, therefore, still far from positive
The Portuguese brand, known for its injected, coloured and lemon-scented footwear, can be found at Le Bon Marché Rive Gauche in Paris until the 18th of June in a colourful summer pop-up
In the first quarter of fiscal 2023, the US-based company saw its sales drop by 11.4% year-over-year due to the challenging macroeconomic backdrop, lowering its yearly guidance in result
Anne Cavassa, who joined Wolverine Worldwide as President of the Saucony brand in 2018, has left the company. Search for a successor is already underway
The CICB Sustainability Forum will once again be held during Fimec (International Fair for Leather, Chemicals, Components, Machines and Equipment for Shoes and Tanneries), in Novo Hamburgo (Brazil)
British sportswear retailer JD Sports Fashion has appointed Dominic Platt as its Chief Financial Officer, replacing Neil Greenhalgh who is stepping down in the summer after four years in the role
The giant sportswear announced it will begin selling some of the remaining inventory of adidas YEEZY products, with an initial release at the end of May 2023