News
Designer Bianca Saunders teams up with Portuguese Footwear Association
London-based designer Bianca Saunders has partnered up with APICCAPS, the Portuguese Footwear Association, and footwear company Valuni to create six cutting-edge shoe designs, all made in Portugal
Alpargatas reports strong first quarter
Havaianas’ parent company has reported a strong first quarter, with net revenue up by 3.2% year-over-year, driven mainly by the domestic market, and above all a return to profitability
Allbirds shows progress on losses
Amid a strategic turnaround plan, the Californian footwear brand narrowed its losses in the first quarter 2024, but still suffered a 27.6% year-over-year decline in sales due to lower demand
Theo Henkelman Footwear acquires Bullboxer European trademark rights
The Dutch footwear group Theo Henkelman Footwear has acquired the European trademark rights to the Bullboxer brand from The Unlimited Footwear Group, which went into bankruptcy earlier this year
Zalando Co-founder David Schneider steps down from his role as co-CEO
The German-based online retailer has announced that David Schneider will step down from his role as co-CEO to focus exclusively on managing strategic partnerships and brand relationships
Yue Yuen talks of a gradual recovery trend
The Hong Kong-based footwear group saw a 4.9% decline year-over-year in the first quarter of 2024, but highlighted the 9.1% shoe shipment volume increase due to a more normalised order book
UK exits recession
The UK has emerged from recession. Official figures show that the economy has grown by 0.6% between January and March, the fastest rate in two years
Puma reaffirms full-year outlook despite soft start
Despite a sluggish start to the year, with a sales growth of 0.5% year-over-year on a currency-adjusted basis, the German-based sportswear giant has maintained its full-year 2024 outlook
Brazilian footwear production to grow in 2024 driven by domestic demand
Brazilian footwear production is expected to grow between 0.9% and 2.2% year-on-year in 2024, driven by a surge in domestic demand, according to the Brazilian Footwear Industries Association (Abicalçados)
Ferragamo posts revenue decline
The Italy-based luxury group saw its revenue fall by 18% year-over-year in the first quarter of the year, mainly due to a weak Chinese market and a difficult wholesale environment
The rise of the second-hand fashion market
The global second-hand fashion market is expected to reach 350 billion USD by 2028, according to ThredUP's latest resale report. Value-conscious consumers, a greater concern for the environment and a desire for uniqueness seem to be driving this “revolution”, with new generations leading the way
Wolverine posts better-than-expected results
Despite a 34% drop in first quarter revenue, the US-based outdoor company, which is undergoing a turnaround plan, said results were better-than-expected. New CFO appointed
Brooks Running delivers record quarterly revenue
The Seattle-based company has posted “the highest quarterly results” in its history, with first quarter revenue up by 9% on the same period of last year. E-commerce business grew by 22% year-over-year
Portuguese Footwear Technological Centre project shortlisted by the European Commission
The LIFE GREENSHOES4ALL project, coordinated by CTCP, has been recognized by the European Commission for its efforts to minimise the environmental impact of footwear production
Solid start to the year 2024 for Rocky Brands
The US-based footwear manufacturer started the year on a positive note, with a net sales growth of 2.2% to 112.9 million US dollars on a comparable basis to the first quarter of 2023
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