Investment
Geox launches five-year plan to reach over 850 million euros in revenue
The Italy-based company, known for its breathable footwear technology, has launched a five-year plan aimed at bolstering the business that includes 120 million euros of investment
H&M acquires minority stake in Swedish platform Voyado
The Sweden fashion group has acquired a minority stake in the Swedish-founded retail technology platform Voyado, thus strengthening their existing partnership
Katrin Ley from Fashion for Good: shifting the fashion industry towards circularity by championing innovations
We spoke to Katrin Ley, Managing Director at Fashion for Good, a global platform for innovation. Among other topics, we talked about how Fashion for Good is driving circularity in the fashion and footwear industries through a collaborative approach
Skechers to accelerate growth in Europe with new expanded distribution centre
The US-based footwear company has announced that it is moving its European distribution centre to a larger, single facility in Liège, Belgium. The aim is to support growth in Europe
Florbela Silva from CTCP: how is Portugal modernising its footwear industry?
We spoke to Florbela Silva, Head of Innovation and Digital Fabrication and CTCP FabLab, to find out more about the FAIST project, which aims to drive a significant reindustrialisation of the Portuguese footwear industry. During our interview, we discussed the project’s objectives, tools to be leveraged, partnerships and main outcomes
RM Williams targets the UK as part of global expansion
The Australian-based bootmaker plans to open new UK stores in the coming months. The company aims to use the country as a launchpad for its international growth strategy, while remaining true to its heritage
WoolOvers doubles down on British production for Hotter Shoes
WoolOvers plans to expand Hotter Shoes’ British manufacturing, improving customer satisfaction and supporting local jobs. Production target is one million pairs per year
Footasylum secures new bank funding to boost UK expansion
The new funding from HSBC UK will be used to expand stores, improve technology and support exclusive brands. The agreement encourages Footasylum to meet sustainability targets to decrease loan costs
Portugal aims to double its exports of technical footwear
The Portuguese footwear industry aims to double its exports of technical footwear to 100 million euros by the end of the decade. The FAIST project will be instrumental in achieving this goal
Decathlon’s investment arm to bring sustainable fashion innovation technology to Europe
Decathlon Pulse has partnered with unspun to expand the use of 3D weaving technology across Europe, with a focus on reducing waste and promoting sustainable, locally-produced fashion with minimal inventory
Vietnam discusses the creation of a raw materials centre to boost the leather and footwear industry
The creation of a raw material development centre could contribute to the sustainable growth of Vietnam's leather and footwear industry, which is mainly a low-value-added processing industry
Skypro: from Portugal to the skies of the Middle East
The Portuguese uniform and professional footwear company continues to invest in the Middle East. Three contracts worth 1.3 million euros with the Royal Jordanian Airlines and Air Arabia have been signed
State of West Bengal to invest in Calcutta Leather Complex
The Indian state government has announced a 100-billion-rupee (1.2 billion USD) investment in the Calcutta Leather Complex, creating an additional 250,000 jobs, the local media reported
Decathlon launches new subsidiary to expand its presence around the world
The French-based sporting goods retailer has launched Decathlon Pulse, a fully-owned subsidiary focused on expanding its global presence and driving additional long-term growth
Decathlon UK posts loss as it invests in transformation plan
The UK arm of the French-based retailer posted a 2 million British pounds (2.4m euros) loss in 2023, after investing 10 million British pounds (11.8m euros) in transformation initiatives-
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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