World Footwear

Shoes

Footway Group moves e-commerce business to a new group

Jul 12, 2024 / Sweden
The Sweden-based Footway Group AB has transferred its e-commerce business to a new group of companies, as part of a strategic review that has been underway for the past four years

Brazilian footwear industry concerned by surging Chinese imports

Jul 11, 2024 / Brazil
The warning comes from Abicalçados. The surge in Chinese footwear imports is causing concern for the Brazilian footwear industry, which continues to see a steady decline in exports

Shoe Carnival issues 49th consecutive quarterly dividend

Jul 11, 2024 / United States
The US-based footwear retailer has announced that its Board of Directors has approved the payment of a quarterly cash dividend for the 49th consecutive quarter

American Exchange Group acquires footwear brand Island Surf Company

Jul 10, 2024 / United States
The US-based group has announced the acquisition of the nautically inspired footwear brand Island Surf Company, which will now become a division of White Mountain

Birkenstock share sale raises 756 million USD for L Catterton Group

Jul 10, 2024 / United States
LVMH-backed private equity firm and a group of Birkenstock employees have raised 756 million USD from the sale of a block of shares in the US-traded company. L Catterton will retain a 73% stake in the footwear brand

Influencer Marketing seen as a Successful Tool for Footwear

Premium ContentJul 9, 2024 / Business Conditions Survey
In this edition of the World Footwear Business Conditions survey, we asked our experts about their opinions on the effectiveness of influencer marketing. The results shed light on the apparent noteworthy impact of influencer marketing in the footwear industry

No impact on Vamos and Groundies from parent’s company partial insolvency

Jul 8, 2024 / Germany
The sneaker brand Vamos and the barefoot shoe brand Groundies were not affected by the insolvency of Weltbild GmbH & Co. KG, a subsidiary of the German WB D2C Group

Shoe Zone cuts full year guidance

Jul 5, 2024 / United Kingdom
The British footwear retailer has lowered its full year guidance due to continued cost pressures related to container prices and weaker-than-expected sales of its spring-summer collection

Optimistic expectations for footwear retail prices

Premium ContentJul 2, 2024 / Business Conditions Survey
76% of the respondents of the last edition of the World Footwear Business Conditions Survey expect footwear retail prices to increase over the next six months. The 10th edition of the World Footwear Business Conditions Survey results are now available

Positive perspectives about the health of footwear business

Premium ContentJun 25, 2024 / Business Conditions Survey
Almost 60% of the respondents of the last edition of the World Footwear Business Conditions Survey seem confident regarding the health of their businesses. The 10th edition of the World Footwear Business Conditions Survey results are now available

More than 9 000 visitors at the last edition of Expo Riva Schuh

Jun 21, 2024 / Italy
The 101st edition of Expo Riva Schuh & Gardabags, held in Riva del Garda from the 15th and the 18th of June, attracted more than 9 000 visitors from 100 countries around the world

Industry is antecipating an increase in the quantity of footwear sold

Premium ContentJun 18, 2024 / Business Conditions Survey
According to the latest edition of the World Footwear Business Conditions Survey more than 60% of the respondents expect quantities of footwear traded to increase. All results are now available

Parent company of Clarks posts full year net loss

Jun 14, 2024 / United Kingdom
The parent company of the British footwear retailer Clarks suffered a net loss in 2023, despite overall revenue growth. The results reflect a weak demand, with cautious consumers facing high inflation and rising interest rates

White Mountain to expand into the male segment

Jun 13, 2024 / United States
The US-based label, owned by the American Exchange Group, continues to expand into different product categories. It has now announced plans to enter the men’s and boys’ footwear segment

Cost of raw materials and insufficient demand continues to worry the footwear industry

Premium ContentJun 4, 2024 / Business Conditions Survey
Respondents of the 10th edition of the World Footwear Business Conditions Survey reveal that cost of raw materials and insufficient demand continue to negatively impact their businesses
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