World Footwear

Shoes

Pakistan: footwear exports decline in value at the start of the year

Sep 21, 2023 / Pakistan
According to the Pakistan Bureau of Statistics (PBS), footwear exports from July and August decreased by 12.75% year-on-year, mainly due to the drop recorded in the leather footwear segment

Visitors to Milan's trade fairs rose by 21%

Sep 21, 2023 / Italy
Between the 17th to the 20th, MICAM and its sisters' fairs were visited by 42 273 people, up by 21% on the September 2022 edition. The organisation highlights the increase in foreign buyers

US: footwear prices fall while overall inflation rises

Sep 20, 2023 / United States
Data from the Footwear Distributors and Retailers of America (FDRA) for the month of August shows that footwear prices continue to drop despite accelerating inflation

Rocky Brands' CFO steps down

Sep 20, 2023 / United States
The Ohio-based footwear company announced that Sarah O’Connor has resigned from her role as Chief Financial Officer and Treasurer. She had taken up the position just six months ago

Venezuelan footwear industry calls for a financing plan

Premium ContentSep 18, 2023 / Venezuela
Following the 25th edition of the Latin American Footwear Forum, we spoke with the President of the Venezuelan Chamber of Footwear and Components (Cavecal), Tony di Benedetto, about the challenges and expectations of the country’s footwear industry

Vietnam secures the 2nd position amongst leather footwear exporters

Premium ContentSep 12, 2023 / World Footwear Yearbook
In 2022, the Asian country exported 387 million pairs of leather shoes, with a total value of 9.6 billion US dollars, overtaking Italy in the second position

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

President of Journeys to retire in February 2024

Sep 7, 2023 / United States
After working at Genesco for 44 years, Mario Gallione, who became President of Journeys in 2017, will step down from his role in February 2024. Search for a successor is already underway

Schuh's performance stands out in the second quarter

Sep 6, 2023 / United States
Against a difficult operating environment, Genesco emphasised the second quarter 21% sales growth at Schuh, as compared to the prior year, which helped offset Journey's continued declining performance

Children's footwear start-up Jbrds Secures 500 000 USD in funding

Sep 6, 2023 / United States
The Baltimore-based start-up has secured 500 00 US dollars in an initial funding round. Although its financial backers are not known, the company is now valued at 5 million US dollars

Asia recorded the highest increase in footwear imports in 2022

Premium ContentSep 5, 2023 / World Footwear Yearbook
Footwear imports by the Asian continent increased by 23.9% last year, raising its share of the global total to 26.7%. Asia is now the second most import destination for footwear

Another round of lay-offs at Pou Chen in Vietnam

Sep 5, 2023 / Vietnam
The Baoyuan Vietnam shoe factory, which is run by Yue Yuen, a subsidiary of Pou Chen Corp, has laid off 1 221 people at the end of August. Since the beginning of 2023, around 10 000 jobs have been cut

Caleres reiterates its guidance for fiscal 2023 despite falling sales and profits

Sep 4, 2023 / United States
The US-based company reiterated its full year outlook, after posting a “strong” consolidated operating margin and better-than-expected adjusted earnings per share in the second quarter

ANWR and Sabu team up to strengthen German footwear retail

Sep 1, 2023 / Germany
Footwear buying group ANWR and shoe retail cooperative Sabu have joined forces to ensure the future viability of its members. Emphasis will be placed on revitalising the retail landscape and developing the workforce

Grendene's sales decline in the second quarter

Sep 1, 2023 / Brazil
Despite posting a weak second quarter performance in 2023, the Brazilian owner of the Melissa and Ipanema brands is pleased with its first half and confident for the remaining year
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