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
The Italian luxury sneaker company is targeting a market capitalisation of up to 1.86 billion euros in its initial public offering on the Milan stock exchange, below earlier expectations
The British footwear company has announced that the Guernsey-based IngreGrsy has acquired a 38.46% stake in the brand as part of a restructuring within owner Permira’s buyout fund
As it continues to execute its strategic plan to turn around the Journeys business, the US-based company has reported a 5% year-on-year decline in net sales in the first quarter of its fiscal year
VF Corp has announced the appointment of Caroline Brown as Global Brand President of The North Face, effective from the 10th of June. As a result, she has resigned from VF’s Board of Directors
The US-based sportswear giant has cut jobs at its European headquarters in the city of Hilversum, just outside Amsterdam, as part of a multi-year cost-cutting plan, said Bloomberg
The Spanish-based fashion retailer has posted a strong performance in the first quarter of the year. Sales were up by 7.1% and net income was up by 10.8%, as compared to the same period of 2023
Amid its turnaround plan, the US-based sports retailer reported “solid” first quarter results, in line with previous expectations, thus reaffirming its outlook for the full year 2024
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
VF Corp has appointed Sun Choe as Global President of Vans, effective the end of July. She joins the company from lululemon, where she was Chief Product Officer for the past seven years
As expected, the weak performance of the US wholesale business largely offset the positive performance of Dr. Martens’ DTC business and contributed to a poor full year result
The Italian Luxury sneaker brand Golden Goose plans to list on the Milan stock exchange in June, saying it will sell 100 million euros worth of shares to fund expansion and pay down debt
The US-based footwear company has reported a slight decline in sales in the first quarter of 2024 amid a challenging environment for consumer demand. However, it remains optimistic for the rest of the year
The recent closure of PT Shoes Bata Tbk, a subsidiary of footwear company Bata, with the lay-off of 233 people, has highlighted a wave of redundancies that has hit the Indonesian footwear industry
Since the first edition of this survey, we have been asking our panel of experts about their expectations regarding the evolution of the percentage that different retail channels represent in the total sales of footwear in their country