World Footwear

Shoes

CK Technology is the new owner of Görtz

Jul 26, 2023 / Germany
After a difficult year, the insolvency proceedings of the Hamburg-based footwear retailer have been completed and the company is now owned by Vienna-based CK Technology Solutions

Brazilian footwear exports on downward trajectory

Jul 25, 2023 / Brazil
In the first half of 2023, Brazilian footwear exports declined by 13.6% in volume and 3.8% in value year-over-year due to a global economic slowdown. Performance in the US market has suffered the most

Pakistani full year footwear exports rise in both value and volume

Jul 21, 2023 / Pakistan
In the twelve months to June 2023, the Asian country saw its footwear exports increase by 13.74% in value and 35.50% in volume, as compared to the previous fiscal year

WoolOvers Group rescues Hotter Shoes

Jul 21, 2023 / United Kingdom
The British footwear brand, until now run by the struggling Unbound Group, has been rescued by the natural knitwear brand WoolOvers, in a pre-pack deal worth 6.7 million British pounds (7.7 million euros)

Global footwear consumption to increase in 2023

Premium ContentJul 20, 2023 / Business Conditions Survey
In this edition of the Business Conditions survey, we asked our panel of experts about their expectations about footwear consumption in 2023. Read the main conclusions here

Charles & Keith opens first store in South Korea

Jul 20, 2023 / Singapore
The Singapore-based fashion label centred on shoes, bags and accessories has opened its first flagship store in Gangnam, one of Seoul's most vibrant shopping districts

Online Business Marketing Tools gain Importance after COVID-19

Premium ContentJul 18, 2023 / Business Conditions Survey
In this edition of the Business Conditions survey, we asked our panel of experts to evaluate the importance of different business-to-business marketing tools for footwear businesses compared to the pre-pandemic period

Burberry delivers a strong first quarter

Jul 17, 2023 / United Kingdom
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

Jul 14, 2023 / Hong Kong
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

Jul 14, 2023 / Italy
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

Jul 13, 2023 / Italy
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

Jul 12, 2023 / United Kingdom
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

Premium ContentJul 11, 2023 / Business Conditions Survey
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

Jul 11, 2023 / World
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

Premium ContentJul 7, 2023 / United States
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
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