Footwear

Eurazeo Brands buys Axel Arigato for 56 million euros

Nov 16, 2020 / Sweden

The global investment company is investing 56 million euros in Axel Arigato, a Swedish premium sneaker, ready-to-wear and accessories brand, to become a majority shareholder, alongside brand's founders Max Svärdh and Albin Johansson

Acquisitions Brands Companies Footwear France Investment Luxury Sweden

Impact of the pandemic on footwear consumption

Premium ContentNov 13, 2020 / Business Conditions Survey

The consequences of the COVID-19 epidemic were inevitably the special topic of this edition of the World Footwear Business Condition Survey. Today we bring you more details about our Expert's views

Business Conditions Survey Consumption Footwear World Footwear Reports

Vietnam’s rise in footwear trade

Premium ContentNov 12, 2020 / Vietnam

The World Footwear’s Panel of Experts is forecasting Vietnam’s share of footwear exports to reach 11.5% in 2025. Last year Vietnam exported roughly 1.4 billion pairs of shoes

Business Conditions Survey Companies Exports Footwear International Trade Vietnam World Footwear Reports

Footwear prices: manufacturers more pessimistic than traders

Premium ContentNov 11, 2020 / Business Conditions Survey

This is one of the main findings of the third edition of the Business Conditions Survey held last month. Complete report now available to download free of charge

Business Conditions Survey Coronavirus - Covid19 Footwear Prices World Footwear Reports

CCC launches ship-from-store to customer door within 60 minutes

Nov 11, 2020 / Poland

Customer needs and the threat of renewed brick-and-mortar retail closures in Poland have led the CCC Group to started testing a new service where a product ordered online would be delivered to the customer’s doorstep within 60 minutes

CCC Companies ecommerce Footwear Online Poland Retail Sales

Ferragamo: sales down by 18.9% in the third quarter

Nov 11, 2020 / Italy

The Italy-based luxury group announced third quarter results with sales down by 18.9%. The accumulated decline in 2020 reached 38.5%. The Asia Pacific area is confirmed as the group's top market, reaching over 42% of total revenue

Companies Ferragamo Footwear Italy Quarter Results Results Shoes

VF to buy Supreme

Nov 10, 2020 / United States

The branded lifestyle apparel, footwear and accessories group VF announced a definitive merger agreement has been achieved to acquire Supreme, a privately-owned global streetwear brand from current investors, The Carlyle Group and Goode Partners

Acquisitions Brands Companies Footwear United States VF Corp

COVID-19 to lead to a 22.2% decline in footwear consumption in 2020

Premium ContentNov 9, 2020 / Business Conditions Survey

The World Footwear' experts panel, gathering specialists from all over the world, is foreseeing a drop in global footwear consumption of 22.2% in the current year, a figure in line with the previous edition forecast (22.5%)

Business Conditions Survey Companies Coronavirus - Covid19 Exports Footwear Imports International Trade World Footwear Reports

Imports of footwear with a dark picture in the first semester

Premium ContentNov 9, 2020 / Business Conditions Survey

The most recent statistics for footwear trade in 2020 show a very dark, albeit expected, picture. In the first semester of the year, footwear imports fell in almost every country

Belgium Business Conditions Survey China Footwear France Germany Imports International Trade Japan Korea, Rep Netherlands Shoes United Kingdom United States World World Footwear Reports

Capri reports revenue and earnings above expectations

Nov 9, 2020 / United Kingdom

The global fashion luxury group announced its financial results for the second quarter of fiscal 2021. John D. Idol, the Company’s Chairman and Chief Executive Officer, said revenue and earnings surpass the company's expectations

Brands Capri Companies Coronavirus - Covid19 Footwear Jimmy Choo Quarter Results Results United Kingdom

Alibaba and Richemont invest in Farfetch

Nov 6, 2020 / China

Hangzhou-based e-commerce business Alibaba and Swiss-based luxury goods conglomerate Richemont SA will invest 1.1 billion US dollars (0.93 billion euros) in online luxury fashion retailer Farfetch and its new Chinese market operations

Alibaba China Companies Digital ecommerce Footwear Investment Kering Luxury Richemont

Lemon Jelly: Closing the Loop

Nov 5, 2020 / Portugal

The Portuguese-based brand has a new project based on the idea that nothing is destroyed, and everything is transformed. It is called: Closing the Loop. The brand has recently won the Best Carbon Footprint Initiative award at the Sustainable Fashion Awards 2020

Brands Companies Footwear Portugal Portuguese Shoes Sustainability

Next Riva live talk is focusing on the 2022 fashion market

Nov 5, 2020 / Italy

“The 2022 fashion market, shifts & strategies”: a reflection on the fashion market for the last of the #playfashion live talks

Coronavirus - Covid19 Events Fashion Footwear Italy Online Trade fairs

Genesco announces departure of CFO

Nov 3, 2020 / United States

The Nashville-based group announced that Melvin G. Tucker, Senior Vice President and Chief Financial Officer, has resigned his position, effective from the 27th of November, in order to pursue an opportunity outside of the company

Companies Footwear Genesco Management People United States

Puma’s sales and profitability rebound in the third quarter

Nov 2, 2020 / Germany

The sales of the Germany-based sportswear giant rebounded in the third quarter of 2020 and increased by 13.3%. Notwithstanding, Puma remains cautious for the fourth quarter given the evolution of the COVID-19 pandemic