World Footwear

News

Dick’s Sporting Goods raises full year outlook

Jun 4, 2024 / United States
The US-based sporting goods retailer has started the fiscal year on a positive note, with first quarter sales up by 6.2% over the same period of last year. As a result, it has raised its full year outlook

Sun Choe appointed Global President of Vans

Jun 3, 2024 / United States
VF Corp has appointed Sun Choe as Global President of Vans, effective the end of July. She joins the company from lululemon, where she was Chief Product Officer for the past seven years

Capri results disappoint in the fourth quarter

Jun 3, 2024 / United States
As its ongoing acquisition by Tapestry awaits legal resolution after being blocked by a US regulator, the luxury fashion group reports a disappointing fourth quarter due to weak global demand

US market drags down Dr. Martens full year results

May 31, 2024 / United Kingdom
As expected, the weak performance of the US wholesale business largely offset the positive performance of Dr. Martens’ DTC business and contributed to a poor full year result

Golden Goose to list in Milan in June

May 31, 2024 / Italy
The Italian Luxury sneaker brand Golden Goose plans to list on the Milan stock exchange in June, saying it will sell 100 million euros worth of shares to fund expansion and pay down debt

Caleres announces first quarter results

May 31, 2024 / United States
The US-based footwear company has reported a slight decline in sales in the first quarter of 2024 amid a challenging environment for consumer demand. However, it remains optimistic for the rest of the year

Shoe Carnival reports sales growth

May 30, 2024 / United States
The US-based footwear retail has reported a solid start to the fiscal year 2024, with a net sales growth of 6.8% in the first quarter as compared to the same period of last year

Indonesian footwear industry hit by a lay-off wave

May 30, 2024 / Indonesia
The recent closure of PT Shoes Bata Tbk, a subsidiary of footwear company Bata, with the lay-off of 233 people, has highlighted a wave of redundancies that has hit the Indonesian footwear industry

Sales decline at Geox

May 30, 2024 / Italy
The Italy-based group has reported a sales decrease of 13.5% in the first quarter of the year, as compared to the same period of 2023, mainly due to the performance of the wholesale channel in all regions

Deckers ends fiscal 2024 strong

May 29, 2024 / United States
The US-based company has ended its fiscal year 2024 on a positive note. Strong performances from Hoka and Ugg led to an 18% year-on-year increase in full year net sales to 4.29 USD

Footwear consumption in Latin America set to grow by more than 4% in the next five years

May 29, 2024 / Latin America
Footwear consumption in Latin America is set to grow by more than 4% in the coming years, according to an estimate by Abicalçados presented at the last edition of the Latin American Footwear Forum

Footwear experts expect importance of digital retail channels to continue to increase

Since the first edition of this survey, we have been asking our panel of experts about their expectations regarding the evolution of the percentage that different retail channels represent in the total sales of footwear in their country

LVMH extends partnership with Alibaba

May 28, 2024 / France
The French-based luxury group has extended its partnership with the Alibaba Group for the next five years to enhance its omnichannel strategies and digital presence in China

Weak performance in China affects Tod’s first quarter turnover

May 28, 2024 / Italy
Ahead of the delisting, the Italian luxury group has reported a 6.7% year-on-year fall in turnover in the first quarter of the year, mainly due to a weak performance in the Chinese market

Expo Riva Schuh: latest shoe and bag trends to be showcased at Highlights area

May 28, 2024 / Italy
At the next edition of the Expo Riva Schuh & Gardabags, which will be held from the 15th and the 18th of June, the Highlights area is set to consolidate its role as a benchmark for trends in the footwear and bag sectors
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