World Footwear

News

Next raises full year profit outlook

Jan 9, 2025 / United Kingdom
Following a strong Christmas trading period, the British fashion retailer has raised its profit before tax forecast for the current financial year by 5 million British pounds to 1.010 billion British pounds

Dr. Martens global creative director steps down after a decade with the company

Jan 8, 2025 / United Kingdom
Dr. Martens Creative Director Darren McKoy is stepping down from his position after a decade with the footwear company. No replacement has yet been announced

New Look to accelerate store closures ahead of tax changes

Jan 8, 2025 / United Kingdom
The British fashion retailer is reportedly accelerating its store closure campaign ahead of tax rises in the UK’s next budget. It’s feared more retailers will follow in its footsteps

Footwear Consumption to increase by 8.4% in 2025

The 11th edition of the World Footwear Business Conditions Survey results are now available. Despite the uncertain scenario, the expectation of our experts is for growth in footwear consumption in 2025. Europe stands out as it will continue stagnant

Geox launches five-year plan to reach over 850 million euros in revenue

Jan 7, 2025 / Italy
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

Alliance France Cuir launches campaign in defence of leather

Jan 7, 2025 / France
“Rien n’imite le cuir aussi bien que le cuir” is the new campaign launched by Alliance France Cuir to defend the quality of leather against similar materials of vegetable origin

Italy: footwear exports continue downward trend

Jan 6, 2025 / Italy
The third quarter of the year did not bring a turnaround in the sector’s difficult situation, resulting in a cumulative decline of 9.2% in the value of footwear exports between January and September

New Generation: Armando Cabral

Jan 6, 2025 / Portugal
He appeared as a model at an early age and walked the world’s most important catwalks. Now, he is taking his first steps on the business side, with the opening of his new store on Fifth Avenue in New York. This is Armando Cabral

US holiday retail sales up by 3.8% as consumers prioritised value

Jan 3, 2025 / United States
US retail sales rose by 3.8% year-over-year from November to Christmas, according to Mastercard Spending Pulse, as consumers prioritised getting the best deal and digital-first shopping

FICE appoints a new Secretary General

Jan 3, 2025 / Spain
The Spanish Federation of Footwear Industries (FICE) has appointed Salvador Gómez as Secretary General. He succeeds Marián Cano, who has joined the local government of the Autonomous Community of Valencia

Italian and Scottish brands unite for European shoe collections

Jan 3, 2025 / Italy
Nice Footwear, through Nice Brand Lab, deepens its collaboration with Scottish fashion brand Lyle & Scott to create and distribute exclusive footwear collections across Europe

Skechers settles design patent case against L.L. Bean

Jan 2, 2025 / United States
Skechers and L.L. Bean have settled a lawsuit alleging the latter’s "Freeport" shoes infringed patented heel cup designs, with a court order barring further sales, imports and manufacturing

Indian footwear industry aims to reach 26 billion USD by 2030

Jan 2, 2025 / India
The Indian footwear industry is targeting a market size of 26 billion USD by 2030, including 8 billion USD in export revenues. The footwear components segment is expected to be key in achieving this goal

Italian leather-footwear sector with a challenging 2024

Dec 31, 2024 / Italy
Data from Assomac highlighted the economic challenges of Italy's leather sector in 2024, with declined exports and 78% of companies reporting reduced demand across domestic and international markets

UK consumers to cut spending in January

Dec 31, 2024 / United Kingdom
UK retailers could be bracing themselves for a squeeze in consumer spending due to a sharp fall in expectations about the country’s economic situation, according to the British Retail Consortium
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