World Footwear

Shoes

Kidpik and Nina Footwear announce merger

Apr 11, 2024 / United States
The subscription-based online children’s clothing retailer and the company that owns the Nina Footwear brand, which specialises in women’s and children’s dress shoes, have entered into a definitive merger agreement

SECOND CALL! Join the 10th edition of the World Footwear Business Conditions Survey

Apr 8, 2024 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!

Deichmann reports record 2023 revenue

Mar 29, 2024 / Germany
Despite difficult market conditions, the shoe retailer ended 2023 on a strong note. On the back of this successful year, it will invest 324 million euros in 2024 to continue to modernise its business

Zegna Group to build a new footwear factory

Mar 29, 2024 / Italy
The Italy-based fashion luxury group will open a new footwear and leather goods factory in Parma to expand its production capacity and promote and enhance Italian craftsmanship

Shoe Carnival delivers consistent fourth quarter results

Mar 27, 2024 / United States
The US-based footwear retailer reported fourth quarter and full year 2023 results in line with previous expectations, highlighting the positive contribution from the December holiday season

Fashion group OTB acquires Italian shoe supplier Calzaturificio Stephen

Mar 27, 2024 / Italy
The Italy-based group, owner of fashion brands such as Margiela, Jil Sander, Marni, Viktor&Rolf and Diesel, has acquired a majority stake in luxury footwear manufacturer Calzaturificio Stephen

Strong 2023 for Vulcabras

Mar 26, 2024 / Brazil
The Brazilian sports footwear company reported record gross sales of 3.27 billion Brazilian reais (605.3 million euros), calling 2023 “the best year in its history”

361 Degrees reports double-digit growth

Mar 26, 2024 / China
The Chinese-based activewear company ended the fiscal year 2023 with a double-digit revenue growth of 21%, as compared to 2022. The Kids business was the fastest growing over the period

Join the 10th edition of the World Footwear Business Conditions Survey

Mar 22, 2024 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!

Germany: footwear sales rose in 2023 but not yet to pre-pandemic levels

Mar 22, 2024 / Germany
Despite a series of bankruptcies, footwear retail sales in Germany increased in 2023 by around 4% to 11.6 billion euros. However, they still remain below pre-pandemic levels

Arezzo reports strong year 2023

Mar 21, 2024 / Brazil
The Brazilian footwear and accessories group has reported “record” gross revenues in 2023. This leaves it in a strong position ahead of its merger with fashion group Soma

Yue Yuen reports a decline in full year revenue and profit

Mar 20, 2024 / Hong Kong
In line with its previous quarterly results, the Hong Kong-based footwear manufacturer reported a 12% year-over-year decline in revenue and a 7.3% year-over-year drop in profits in 2023

Brazilian footwear exports off to a bad start

Mar 18, 2024 / Brazil
In the first two months of 2024, Brazil's footwear exports fell by 31.3% in volume and by 22.8% in value, as compared to the same period last year. More aggressive competition from China worries the industry

Allbirds appoints new CEO amid sales decline

Mar 14, 2024 / United States
The California-based sustainable footwear brand has appointed its current COO, Joe Vernachio, to replace Joey Zwillinger as CEO, amid a slump in sales

Allbirds completes two international distributor deals

Mar 12, 2024 / United States
The sustainable footwear brand has signed two distribution agreements covering Australasia and Japan. Moving from direct sales to a distributor model is part of its strategic transformation plan
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