Companies
Caleres reports lower net sales amid operational challenges
The US-based group maintained a strong gross margin of 45.5%, driven by the Brand Portfolio segment, as reporting challenges and weak seasonal demand affected the company’s guidance
Designer Brands posts decline in sales and gross profit in the second quarter
The US-based company faces a challenging environment with shrinking gross margins and rising debt. As net sales fell in the second quarter, Designer Brands reported a weaker outlook for 2024
Asos agrees on strategic joint venture for Topshop and Topman
The UK-based group Asos has agreed to sell a majority stake in Topshop and Topman to Heartland. This move will allow the company to strengthen its balance sheet while retaining a stake in the growth potential of the two brands
Industrial Property Rights in the EU: Challenges and Opportunities for the Footwear Industry
JUST RELEASED!! Access the latest World Footwear Innovation Paper dedicated to Industrial Property Rights in the European Union (EU) and learn what challenges are comprised within and what and opportunities can be found for the Footwear Industry
Skypro: from Portugal to the skies of the Middle East
The Portuguese uniform and professional footwear company continues to invest in the Middle East. Three contracts worth 1.3 million euros with the Royal Jordanian Airlines and Air Arabia have been signed
American Exchange Group appoints Jimmy Gabriel to lead Aerosoles
The US-based group has appointed Jimmy Gabriel to the newly created role of President and Chief Brand Officer of Aerosoles. Branding and restructuring of all retail channels are his first priorities
Genesco exceeds expectations and slightly raises its full year forecast
Journeys boosts Genesco’s sales in the second quarter of fiscal 2025, as the company navigates store closures and cost-saving measures
Strong first half for Golden Goose
The Italian-based luxury sneaker company has reported a strong first half performance, driven by continued growth in the DTC channel, particularly in EMEA and the Americas regions
Tapestry said to be close to selling Stuart Weitzman
As it defends its 8.5 billion USD acquisition of Capri Holdings in court, several sources have come forward to say that Tapestry is close to selling the luxury shoe brand Stuart Weitzman
Asia accounts for more than half of the global footwear consumption
The dominance of the Asian continent in the consumption of footwear continues, according to data published in the World Footwear Yearbook 2024, as recently released by APICCAPS, the Portuguese Footwear Association
New Generation: meet Inês Pinho Mota from Leal & Cª
With a degree in Fashion Design, Inês is the second generation at the helm of Leal & Cª, which has just launched the MITIK brand. The goal is to reach new markets
Uniqlo appoints Clare Waight Keller as Creative Director
Japan-based Fast Retailing has announced the appointment of the British designer Clare Waight Keller as its new creative director. She has previously worked at the luxury houses Givenchy and Chloé
Back-to-school season drives growth for Shoe Carnival
Boosted by the back-to-school season, the US-based footwear retailer posted record sales in the second quarter of its current fiscal year. As a result, it has raised its full year guidance
Nordstrom brothers make bid to buy back eponymous retailer
The Seattle-based department store chain has confirmed that brothers Erik and Peter Nordstrom have made an offer to take their namesake retailer private, potentially returning the company to family control
New leadership appointments at Burberry
The UK-based luxury group has announced the appointment of Jonathan Kiman as Chief Marketing Officer and of Laura Dubin-Wander as President of the Americas region-
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Footwear Consumer 2030
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