Companies
Portuguese footwear manufacturer Portman reinvents itself
Founded in 1979 with a focus on the manufacture of moccasin footwear, the Portuguese company has invested in recent years to sustainably modernise its production and offer new products
Remarkable performance by Temu owner PDD
The Chinese e-commerce group PDD Holdings reported a “pivotal” year in the company's history, with revenue up by 123% year-on-year and profits up by 146% in the fourth quarter, driven by growing demand
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Caleres posts solid fourth quarter
The US-based company reported a very small increase in net sales in the fourth quarter of its fiscal year 2023, but a significant improvement in profits, as compared to the same period last year
World Footwear Voices: interview with Steve Lamar from AAFA
Today we bring you a conversation with Steve Lamar, President and CEO at American Apparel & Footwear Association (AAFA). Watch the new episode of the World Footwear Voices
Arezzo reports strong year 2023
The Brazilian footwear and accessories group has reported “record” gross revenues in 2023. This leaves it in a strong position ahead of its merger with fashion group Soma
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-
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