Shoes
Burberry delivers a strong first quarter
The luxury group posted an 18% growth in comparable store sales in the first quarter of fiscal 2024, as compared to the same period of last year, driven by the ongoing recovery in Mainland China
Stella Holdings posts a slight improvement in the second quarter
The Hong Kong-based footwear manufacturer posted a slower decline in its consolidated revenue and shipment volume in the second quarter of the year, as compared to the previous quarter
Tod's Creative Director to step down
The Italian-based luxury group has announced that Walter Chiapponi is stepping down from his role as Creative Director by mutual agreement. Search for a successor is now underway
Italian footwear exports grow in value but decline in volume
In the first quarter of 2023, Italian footwear exports increased by 16.1% in value, but declined by 2% in volume, as compared to the same period of 2022, says Assocalzaturifici
Manolo Blahnik opens its first men's pop-up at Harrods
Until the end of the month, customers can visit the shoemaker's first men's pop-up at Harrods for a sneak peek at the Autumn 2023 collection, along with over 60 models from the current one
Employment in the footwear sector expected to stabilise or decrease
In the latest edition of the World Footwear Business Conditions Survey, we have asked panel members about their expectation regarding employment in the industry. Read the results here
Global personal luxury goods market set to continue growing in 2023
After registering a record year in 2022, and despite uncertain macroeconomic conditions, the global personal luxury goods market is expected to grow between 5% to 12% in 2023
US Retail: distressing times for footwear retail
In an environment of widespread destocking, footwear retail sales have been declining since the start of the year in the US, and despite good news such as a continuous moderation in price increases. The problem remains with the rising consumer price index for all categories, whose decreasing pace is not enough to generate an overall positive impact. Consumers are still attending to more pressing needs, and footwear is not on that list
Clergerie has found a new owner
Clergerie has been acquired by the California-based footwear company Titan Industries. The French-based luxury shoemaker had been placed into receivership on the 29th of March
Digital retail channels expected to continue growing
In the latest edition of the World Footwear Business Conditions Survey, we have asked panel members about their expectation regarding the different retail channels for footwear. Get free access to the report and read its main conclusions
Ecco's 2022 earnings remained below pre-pandemic levels
The Danish-based footwear group reported a 30% rise in sales in 2022 over the previous year, but with earnings “considerably below pre-pandemic levels”, it added that results were not satisfactory
UK Retail: a too-long string of ifs damps the mood
Consumer confidence in the UK has yet to take off to somehow improve retailers’ mood in the textile and footwear sectors. Rising wages, falling energy bills and even slightly lower inflation may help brighten the atmosphere, but the uncertainty surrounding all of these factors doesn’t help retail much at present. For now, except for sticking to their previous conservative import decisions and watching closely for upcoming changes in consumption patterns, there’s little to be done
Indian Government introduces new quality standards for footwear
After some postponements, the Indian Government has resolved to proceed with the introduction of new mandatory quality standards for footwear and related products as of the 1st of July
Bottega Veneta opens a new footwear factory
The Italian label, owned by the luxury group Kering, has opened a new footwear atelier in Vigonza, in the footwear district of Riviera del Brenta, located in the Veneto region
Cost of merchandise tops the list of concerns for the footwear industry
In the latest edition of the World Footwear Business Conditions Survey, our panel members identified the most pressing problems impacting the footwear industry. Get free access to the report and read its main conclusions-
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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