World Footwear

Shoes

How can Additive Manufacturing (3D printing) be used by the footwear and leather goods sectors?

Premium ContentFeb 7, 2023 / World Footwear Reports
Access a new World Footwear Innovation Paper focused on new manufacturing tools available to the footwear and leather goods sectors and understand what 3D printing can do for your business

UK Retail Flash: bad odds for retail should consumer confidence remain on the floor

Premium ContentFeb 6, 2023 / World Footwear Reports
The Textile, Clothing, and Footwear (TCF) by the ONS stood above the 2019 baseline in the last two months of 2022, no doubt sustained by Christmas sales. But forecasts for the coming months are not so positive. The strain on household budgets due to the cost-of-living crisis will prove to be a challenge for retailers as well because while ongoing inflation will make sales appear to be rising, volumes will decline. Consumer confidence may be key in this equation. Even if it slightly improved in December, it was the first time in the GfK’s consumer confidence survey in the nearly 50-year history that a run of nine successive months of -40 pp or worse occurred. Should this continue, the odds are not good for retail

H&M confirms full year sales increase

Feb 2, 2023 / Sweden
Despite a "turbulent year characterized" by "geopolitical challenges and substantial cost inflation", the Sweden-based fashion group posted a full year 2022 sales increase of 12% over fiscal 2021

Ferragamo reports full year revenue growth

Feb 1, 2023 / Italy
The Italian-based luxury group has announced preliminary consolidated results for the year 2022. Sales grew in all regions, except for Asia Pacific, due to a COVID-19-related slowdown in China

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

Brazilian Arezzo buys footwear brand Vicenza

Jan 31, 2023 / Brazil
The Brazilian 'house of brands' has announced the acquisition of Vicenza by 103.8 million Brazilian reais (20.3 million USD), as part of its expansion strategy in the fashion and retail businesses

2023 could bring a loss of 56 million pairs in Europe's consumption

Premium ContentJan 30, 2023 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, we have asked our panel of experts about their perspectives regarding footwear consumption, in their domestic market and globally

Cedric Wilmotte appointed CEO of Michael Kors

Jan 24, 2023 / United Kingdom
Capri Holdings has announced that Cedric Wilmotte, currently Versace's Chief Operating Officer, will assume the role of Chief Executive Office of Michael Kors, effective 3rd of April

Salehe Bembury reinvents the iconic Clarks Lugger

Jan 24, 2023 / United Kingdom
The renowned American footwear designer has teamed up with Clarks Originals to reinvent the brand’s iconic style Lugger, almost 40 years since it was introduced

Dr. Martens posts third quarter results below expectations

Jan 23, 2023 / United Kingdom
The British label reported a third quarter revenue below expectations due to "slower than anticipated" DTC growth in America and major operational issues at the LA distribution centre

Burberry reports rise in sales despite weaker performance in China

Jan 20, 2023 / United Kingdom
The luxury group posted double-digit revenue growth in the third quarter of fiscal 23, excluding the impact of China, where COVID-19-related disruption continued to affect the business

American Exchange Group acquires White Mountain Footwear

Jan 19, 2023 / United States
The US-based designer, manufacturer and wholesaler of footwear and accessories has announced the purchase of the women's footwear label for an undisclosed sum

Expo Riva Schuh & Gardabags on track to normality

Jan 19, 2023 / Italy
The January 2023 edition of the trade fair welcomed over 8 600 attendees from 100 countries. The organization claims that the event is "coming back into the light" after the difficult pandemic period

Aerosoles launches footwear line for children

Jan 18, 2023 / United States
The US-based brand announced that it will expand into the kids' footwear segment. This launch reflects Aerosoles' efforts to prove itself as a global brand, whose offering ranges beyond women's shoes

Burberry announces the appointment of new senior executives

Jan 18, 2023 / United Kingdom
The UK-based label appointed Giorgio Belloli and Delphine Sonder to the newly created roles of Chief Digital, Customer and Innovation Officer and Chief Merchandising Officer, respectively
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