News
Allbirds completes international distributor agreements
The Californian footwear brand has announced that it has finalised the agreements that will cover the Benelux and Scandinavian regions. Japan will now have an exclusive distributor
Inditex joins Pack4Good initiative
The parent company of brands such as Zara, Berksha and Massimo Dutti has joined Canopy’s Pack4Good initiative to help protect endangered forests by reforming its paper packaging
Puma names new Vice President Direct-to-Consumer
The German-based sportswear company has named Erik Janshen as Vice President of the Direct-to-Consumer (DTC) business. He joins Puma from PVH Corp
A negative start to the year 2024 for Italian footwear
In the first quarter of the year, the Italian footwear industry recorded “significant setbacks in all economic indicators”, including exports and turnover. More than 80% of entrepreneurs do not expect an improvement before 2025
Authentic Brands Group appoints General Manager of Africa
The New York-based brand management group ABG has appointed Warren Bowers as General Manager of the Africa region to continue expanding its presence in emerging markets worldwide
Positive perspectives about the health of footwear business
Almost 60% of the respondents of the last edition of the World Footwear Business Conditions Survey seem confident regarding the health of their businesses. The 10th edition of the World Footwear Business Conditions Survey results are now available
Bella Hadid wears Portuguese shoes at Cannes
Bella Hadid shined in Cannes with Portuguese footwear. The international model stepped out in public wearing a pair of sandals by the brand Alameda Turquesa
Germany Retail: positive signs on the horizon, but it’s not yet time to pop the champagne
Good news keep coming, but no one is out of the woods yet. Footwear retail sales outperformed overall retail sales in January and February, although they remain lower than the same period last year. Consumer sentiment remains negative but is improving, driven by lower inflation rates and wage growth, and retailer sentiment, although more negative, is following the trend. With recent news of a better economic outlook for the year and a rise in the value of imports at the start of the year, there is a chance that consumers will pull retailers up. Let’s see how the coming months unfold
US pushes EU to delay implementation of deforestation law
The US government has requested the European Commission to delay the implementation of the so-called Anti-Deforestation Regulation (EUDR), seven months ahead of schedule
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
More than 9 000 visitors at the last edition of Expo Riva Schuh
The 101st edition of Expo Riva Schuh & Gardabags, held in Riva del Garda from the 15th and the 18th of June, attracted more than 9 000 visitors from 100 countries around the world
Clarks to cut a further 150 jobs
The British footwear specialist is reportedly set to slash 150 office jobs, as losses widened last year. The latest job cuts come after the company made 103 roles redundant in 2023
Golden Goose postpones IPO
Permira-backed luxury sneaker company Golden Goose has postponed its IPO due to a climate of political uncertainty in Europe. The shares were due to start trading next Friday
Saucony names new chief marketing officer
The athletic footwear brand, owned by the US-based Wolverine Worldwide, has named Joy Allen-Altimare as global chief marketing officer with immediate effect
Hoff looks to expand in India
The Spanish sneaker brand has teamed up with the e-commerce giant Myntra to enter the Indian market. This move is part of the company’s international growth strategy
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