World Footwear

Shoes

Shoe Carnival lowers full year guidance

Aug 31, 2023 / United States
Despite seeing an improvement over the first quarter of 2023, the US-based retailer still posted a year-on-year decline in net sales and profits in the second quarter, thus reducing its full year outlook

Is footwear re-shoring a myth?

Premium ContentAug 29, 2023 / World Footwear Yearbook
With the geographical distribution of footwear production remaining relatively unchanged over the past decade, is re-shoring a myth or can we find its evidence in the numbers?

Yue Yuen posts revenue and profits decline

Aug 28, 2023 / Hong Kong
The Hong Kong-based footwear group announced that this year's first half revenue declined by 11.8% year-over-year, while the profit attributable to its owners fell by 52.2% year-over-year

Vivobarefoot launches trial 3D footwear try-on platform

Aug 24, 2023 / United Kingdom
The brand launched a trial platform for creating tailored, circular and locally assembled footwear using AI-assisted 3D foot scans and is looking for 200 Britons to test the first-generation products

Balena teams up with Kitty Shukman to release biodegradable 3D-printed shoes

Aug 24, 2023 / Israel
The material science company and the emergent footwear designer have joined forces to create Roots, a unique 3D-printed pair of slides that is fully biodegradable

New growth forecast for the Brazilian footwear industry

Aug 23, 2023 / Brazil
The Brazilian Footwear Industries Association (Abicalçados) has revised the footwear sector's growth in production for 2023 to 2.1%, as compared to the previous forecast of 1.7%

Footwear production bounces back to pre-pandemic levels in 2022

Premium ContentAug 22, 2023 / World Footwear Yearbook
The World Footwear Yearbook 2023 just released by APICCAPS, the Portuguese Footwear Association, shares information about the great trends in the industry such as the fact that in 2022 global footwear production reached the 23.9 billion pairs threshold

Prada announces partnership with ZDHC

Aug 18, 2023 / Italy
The Milan-based group announced as a “Signatory Friend” the launch of the partnership with ZDHC - Zero Discharge of Hazardous Chemicals, the global multi-stakeholder initiative

France to launch reward scheme to encourage repairs in the fashion industry

Aug 17, 2023 / France
From October, French citizens will be able to claim back between 6 and 25 euros of the cost of repairing clothes and shoes under a new scheme launched by the Government to reduce waste in the fashion industry

LVMH: Premium Partner of the Paris 2024 Olympic and Paralympic Games

Aug 16, 2023 / France
According to LVMH, this partnership will enable the artisans across the group to contribute their creativity, know-how, and sense of French art de vivre to the organization of the high-level sports competition

Average worldwide export price reaches a new record in 2022

Premium ContentAug 15, 2023 / World Footwear Yearbook
This is one of the main conclusions of the World Footwear Yearbook 2023 just released by APICCAPS, the Portuguese Footwear Association. Read all about it today

International economic context weighs on Brazilian footwear exports

Aug 14, 2023 / Brazil
Falling global growth rates and high inflation continue to affect the performance of Brazilian footwear exports, which have been declining in both volume and value in the past months

Wolverine's announces unexpected CEO change

Aug 11, 2023 / United States
The Board of Directors has appointed Christopher E. Hufnagel as President, Chief Executive Officer, and a member of the Board of Directors, effective immediately. Mr. Hufnagel succeeds Brendan L. Hoffman, who is no longer with the company

Tapestry acquires Capri in 8.5 billion US dollars deal

Aug 10, 2023 / United States
The two houses announced that they have entered into a definitive agreement under which Tapestry will acquire Capri Holdings. Under the terms of the transaction the total enterprise value will be of approximately 8.5 billion US dollars

Steve Madden posts decline in revenue

Aug 10, 2023 / United States
The New York-based designer and marketer of footwear, accessories and apparel posted a 16.8% revenue decline in the second quarter of 2023, as compared to the same period of last year
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