Companies
Strong performance of Inditex in 2023
The Spain-based fashion group reported a 10.4% year-over-year growth in sales to 35.9 billion euros in 2023, with positive results across all channels and regions. Profits up by 30.3%
Founder of Under Armour to take on CEO role once again
The US-based company has appointed Kevin Plank as President and CEO, effective from the 1st of April. He will succeed Stephanie Linnartz, who has been in the role for just over a year
World Footwear Voices: interview with Berke Içten from TASD
Today we bring you a conversation with Berke Içten, Chairman of the Executive Board of the Footwear Industrialists Association of Türkiye (TASD). Watch the new episode of the World Footwear Voices
Allbirds appoints new CEO amid sales decline
The California-based sustainable footwear brand has appointed its current COO, Joe Vernachio, to replace Joey Zwillinger as CEO, amid a slump in sales
adidas posts better-than-expected operating profit in 2023
The German-based company reported a very challenging 2023, especially in the US market, but remains optimistic for a noticeable improvement in the second half of the current year
Genesco reports full year sales decline
Despite a slight improvement in the fourth quarter of fiscal 2024, the company’s full-year net sales were down as compared to the prior year. Genesco expects the market environment to remain challenging in the first half
Foot Locker reports slight improvement in sales as year ends
The US-based sportswear retailer reported better-than-expected fourth-quarter results, with sales up by 2.0% on a comparable basis to the same period of 2022
Allbirds completes two international distributor deals
The sustainable footwear brand has signed two distribution agreements covering Australasia and Japan. Moving from direct sales to a distributor model is part of its strategic transformation plan
Prada’s full year profits surge by 44%
The Italian-based group ended 2023 with a 17% growth in revenue and a 44% rise in profits, as compared to the previous year, boosted by the desirability of its Prada and Miu Miu brands
Geox appoints new CEO amid slowing sales
The Italy-based footwear group has confirmed a slowdown in sales in 2023, a year marked by “strong uncertainty”, and has announced the appointment of Enrico Mistron as its new CEO
World Footwear Voices: interview with Kubilay Genckan from Alibaba.com
Today we bring you a conversation with Kubilay Genckan from Alibaba.com. Watch the new episode of the World Footwear Voices dedicated to discussing some of the pressing issues around the business of B2B platforms
Net sales decrease at Rocky Brands
The US-based footwear company reported a 9.3% year-over-year decline in net sales in the fourth quarter, a slight improvement from the previous quarter. For the full year, net sales were down by 25.0%
Impact of COVID-19 in the supply chain
In the latest edition of the World Footwear Business Conditions Survey, we asked our experts about their opinion on the impact that the COVID-19 pandemic had on the location of footwear production for major international brands
Hoff partners with Newmark Retail to fuel European expansion
The Spanish footwear brand has appointed the strategic retail property advisor Newmark Retail UK & EMEA to support its national and international retail growth strategy
Solid fourth quarter for Steve Madden
The New York-based designer and marketer of footwear, accessories and apparel ended its fiscal 2023 with a solid performance, despite a decline in full year revenue and profits-
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