Companies
Hermès continues to grow
Amid a general slowdown in the luxury sector, the French-based luxury group stood out by reporting a strong first half in 2023, with both sales and profits up
Kyaia and Fly London: decades of delivering shoes to the world
The Portuguese brand Fly London was founded by Fortunato Frederico exactly 30 years ago. But this year also marks the 40th anniversary of its parent company Kyaia. Let’s find out more
Skechers reports strong second quarter
The US-based company has reported a strong second quarter, with sales up by 7.2% year-on-year, despite macroeconomic headwinds. As a result, Skechers has raised its full year guidance
Disruptions in the Red Sea continued into the third quarter
Global ocean carrier AP Moller-Maersk has warned that the coming months will be difficult for both carriers and businesses as the conflicts in the Red Sea continue to affect the normal functioning of supply chains
Diadora appoints new USA Chief Marketing Officer
The Italian-based sporting goods manufacturer has appointed Ryan Eckel, former brand president of running brand Tracksmith, as its next USA Chief Marketing Officer
Nike creates an immersive experience for the Olympic Games at Centre Pompidou
The US-based sportswear giant has teamed up with the Centre Pompidou, one of the historic landmarks of Paris, to celebrate the unending story of Nike Air innovation during the Olympic Games
Shift towards Streamlined Production Lines is Anticipated
In this edition of the survey, we asked our experts about their opinion on which technology – from a pre-selected list – is most likely to revolutionize the footwear industry in the coming years. Read all about it now
German shoe wholesaler Pölking ends insolvency proceedings
After 14 months of self-administration, the German shoe wholesaler Pölking has emerged from insolvency and has repositioned itself to adapt to new market conditions
Birkenstock welcomes new Managing Director for Southeast Asia and Down Under
The footwear company has appointed Evelyn Chua as Managing Director for Southeast Asia and Down Under. In this newly created role, she will be in charge of expanding the brand’s presence in the region
Shoes For Crews Emerges from Chapter 11
The Florida-based slip-resistant footwear brand has completed the sale of substantially all of its assets and emerged from Chapter 11 bankruptcy protection
Asics raises its profit estimates
The Japan-based sportswear company has raised its full-year operating profit guidance by 64% year-over-year on rising demand for its sneakers in the domestic market and abroad
Better-than-expected second quarter results for adidas
According to preliminary results for the second quarter of the year, the German-based sportswear company posted a better-than-expected quarter and raised its full-year guidance as a result
Deckers announces board approval of six-for-one forward stock split
The owner of the Hoka and Ugg brands has announced that its Board of Directors has approved a six-for-one forward stock split to make its common shares stock more affordable and attractive
Pope Francis receives a pair of Portuguese shoes
As part of its 40th-anniversary celebrations, the Portuguese company RICAP Shoes, represented by its administrator and founder, hand-delivered a pair of sandals to His Holiness at the Vatican
Nike rehires former executive to strengthen the wholesale business
Veteran executive Tom Peddie will return to Nike as vice president of marketplace partners. The appointment comes at a time of slowing sales and strained relationships with retail partners-
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