World Footwear


Kering sets new GHG emissions reduction target

Mar 23, 2023 / France
The French-based luxury group has announced a commitment to reduce its absolute greenhouse gas emissions (GHG) by 40% by 2035, covering scopes 1, 2 and 3 of the GHG protocol

Burberry names new CFO

Mar 20, 2023 / United States
The British label has announced that Kate Ferry, currently Chief Financial Officer of the McLaren Group, will join Burberry by early September 2023 to occupy the same role in the company

Prada reports annual revenue growth of 21%

Mar 15, 2023 / Italy
The Italian-based luxury group reported a net sales growth of 21% in 2022 over the prior year. Both the Prada and Miu Miu brands performed “strongly”

Ferragamo confirms full year 2022 results

Mar 13, 2023 / Italy
The Italian-based luxury group recorded revenue growth of 10.2% in 2022 over the prior year, reaching 1.25 billion euros, with sales growing in all regions except for Asia Pacific

Nike and Tiffany team up on sneaker collab

Mar 10, 2023 / United States
The sportswear giant and the jewellery specialist have released Nike's Air Force 1 1837 style, a nod to the year Tiffany was founded. The collab includes a limited-edition sterling silver accessories collection

Tod's and Lamborghini announce partnership

Mar 2, 2023 / Italy
The luxury group and the manufacturer of sports cars have announced an exclusive collaboration, “with an undisputed Italian touch”, across an extensive range of products

Farfetch's CFO to step down by the end of 2023

Mar 1, 2023 / United Kingdom
The luxury e-tailer has announced that Elliot Jordan will step down from his role as Chief Financial Officer by the end of 2023. Meanwhile, Farfetch will initiate the search for a successor

Farfetch: growth slowed down in the fourth quarter of 2022

Feb 27, 2023 / United Kingdom
Despite achieving a record full year revenue, the luxury online retailer reported a fourth quarter 5% revenue decline and a 12% GMV decrease, as compared to the same quarter of fiscal 2021

Hermès posts robust full year results

Feb 20, 2023 / France
The luxury group posted a sales growth of nearly 30% in 2022 over the prior year, reaching 11.60 million euros. Despite the global uncertainty, the group is approaching 2023 with confidence

Kering fourth quarter sales declined by 7%

Feb 16, 2023 / France
The weak performance of Gucci in the last quarter of 2022 (sales down by 15% year-over-year) due to the situation in China impacted Kering’s performance in the quarter. But the group’s full year revenue still grew by 9%

Pharrell Williams is Louis Vuitton's new Men's Creative Director

Feb 15, 2023 / France
The luxury Maison has announced the appointment of the musician and entrepreneur Pharrell Williams as its new Men's Creative Director, effective immediately

Luxury's US growth may slow down

Feb 1, 2023 / United States
Several analysts believe that the looming recession and rising lay-offs are darkening luxury's outlook in the country for the coming months, following a period of strong sales

Tod's Group turnover exceeded one billion euros in 2022

Jan 31, 2023 / Italy
The Italian-based luxury group posted revenue growth of 13.9% in 2022, year-over-year, thus exceeding the one billion mark, driven by the retail channel and Tod’s brand performances

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

Nordstrom Chief Merchandising Officer to retire

Jan 26, 2023 / United States
The Seattle-based department store announced that Chief Merchandising Officer Teri Bariquit is retiring after 37 years with the company. She will remain in the role until a successor is named
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