World Footwear

Strategy

Hoff partners with Newmark Retail to fuel European expansion

Mar 4, 2024 / Spain
The Spanish footwear brand has appointed the strategic retail property advisor Newmark Retail UK & EMEA to support its national and international retail growth strategy

Macy’s cuts 2 350 jobs

Jan 31, 2024 / United States
As it continues to streamline its business, the department store chain has announced that it will lay off about 3.5% of its workforce, or around 2 350 employees, and close five stores

Hoff closes 2023 on the upside

Dec 29, 2023 / Spain
In the midst of a rapid expansion, the Spanish-based sneaker brand reported a fiscal 2023 turnover increase of 45%, as compared to the prior year, reaching 53 million euros

Mango foresees to achieve record sales in 2023

Dec 22, 2023 / Spain
Amid an expansion of its retail footprint, the Spanish-based fashion retailer foresees ending the fiscal year with sales of more than 3 billion euros, which would represent a double-digit growth over 2022

VF Corp cuts 500 jobs

Dec 13, 2023 / United States
The owner of Vans, The North Face and Timberland has announced that it has fired 500 employees worldwide as it seeks to restructure its business and improve operations globally

Caleres looks to grow internationally

Dec 6, 2023 / United States
Looking to expand globally, the US-based footwear company has strengthened its team with the appointment of Erika Mackoul as Senior Vice President of International

Dikamar: from Portugal to Ohio

Dec 4, 2023 / Portugal
As part of its internalisation strategy, the Portuguese safety boot manufacturer has so far invested 3 million USD in a factory in Ohio that produces PU and PVC boots that are distributed across the country

Allbirds posts decline in revenue

Nov 23, 2023 / United States
In the process of a strategic transformation plan, the sustainable footwear brand posted a 21.2% decline in revenue in the third quarter of 2023, as compared to the same period of 2022

Vinted considers a secondary share sale

Nov 8, 2023 / Lithuania
The Vilnius-based online marketplace for second-hand clothes is mulling a secondary share sale worth more than 200 million euros, with the aim of being at the forefront of the sustainable fashion boom

VF Corp launches turnaround plan

Nov 3, 2023 / United States
After another disappointing quarter, the US-based footwear announced the launch of Reinvent, a comprehensive transformation programme focused on improving operational performance and brand-building

South Africa calls for more economic cooperation with Namibia

Oct 26, 2023 / South Africa
South African’s President Cyril Ramaphosa has urged business leaders from both countries to further develop cross-border value chains in key areas such as leather to boost their economic development

Caleres reiterates full year outlook and announces three-year strategic growth plan

Oct 9, 2023 / United States
The US-based footwear company confirmed its third quarter and fiscal 2023 guidance and introduced a three-year strategic and financial plan focused on four key areas

Wolverine Worldwide sells US Leathers and Hush Puppies IP in Greater China

Sep 7, 2023 / United States
The company announced that its US Leathers business has been sold to New Balance and that Hush Puppies' intellectual property in Greater China will be sold to its current sublicense in the region

JD Sports to take full control of the Iberian Business

Jul 10, 2023 / United Kingdom
The UK-based retailer intends to buy the remaining 49.98% shares in the Iberian Sports Retail Group (ISRG) for 500.1 million euros, thereby acquiring 100% ownership

Nike reorganizes senior leadership team

May 31, 2023 / United States
The sportswear giant is promoting Heidi O'Neill to the role of President, Consumer, Product and Brand, and Craig Williams to President, Geographies and Marketplace
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