World Footwear

Companies

Interview with Miguel Pomares from Ecoalf

Premium ContentFeb 20, 2024 / Spain
At the latest edition of the World Footwear Congress in Istanbul, we took the opportunity to speak with Miguel Pomares, Senior Footwear Specialist at the Spanish-based brand Ecoalf. Read the interview today

Lower sales volumes impact Alpargatas’ full year revenue

Feb 20, 2024 / Brazil
The parent company of Havaianas and Rothy’s posted a decline in revenue and profits in 2023, mainly driven by lower volumes sold in both domestic and international markets

Pressure on the cost of materials continues to rank as the main difficulty for the business

Premium ContentFeb 19, 2024 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, 46% of the surveyed experts listed the cost of merchandise and raw materials as the number one difficulty for footwear businesses in the next six months

Farfetch CEO José Neves steps down

Feb 19, 2024 / United Kingdom
Following Farfetch’s acquisition by South Korea’s Coupang in December, José Neves, who founded the luxury e-commerce platform in 2008, is stepping down from the CEO role

A strong year 2023 for Crocs

Feb 16, 2024 / United States
The US-based casual footwear brand delivered a strong performance in 2023, with revenue and diluted earnings per share up by 11.5% and 46.8%, respectively, as compared to the prior year

H&M plans up to 588 job cuts in Spain

Feb 16, 2024 / Sweden
The Sweden-based retailer plans to close a fifth of its stores and lay off up to 588 employees in Spain. H&M currently operates 133 stores in the country and employs nearly 4 000 people

Shoe Carnival Acquires Rogan’s Shoes

Feb 15, 2024 / United States
The US-based retailer has announced the acquisition of the 53-year-old footwear company Rogan’s Shoes for 45 million US dollars. It has also released preliminary results for its fiscal 2023

Puma names new head of global brand strategy

Feb 15, 2024 / Germany
The German-based company has named Julie Legrand as Senior Director of Global Brand Strategy. She has been tasked with the definition and execution of Puma’s strategy to increase brand awareness

Importance of digital retail channels will continue to increase, survey reveals

Premium ContentFeb 14, 2024 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, half the experts surveyed said they believe digital retail channels will increase their share in footwear sales in the next three years

Deckers appoints Robin Green as President of Hoka

Feb 14, 2024 / United States
The California-based company has appointed Robin Green to the role of President of the Hoka brand. She most recently served as global vice president of Men’s Running and Fitness at Nike

Capri’s performance hit by weak consumer demand

Feb 13, 2024 / United Kingdom
The parent company of Versace, Michael Kors and Jimmy Choo continued its downward trend in the third quarter of fiscal 2024, mainly due to slower consumer demand in the Americas region

Another disappointing quarter for VF Corp

Feb 8, 2024 / United States
The parent company of Vans and The North Face posted a 16% year-over-year decline in revenue in the third quarter of fiscal 2024, largely due to a “shift in the timing of wholesale deliveries”

Footwear retail prices expected to increase

Premium ContentFeb 7, 2024 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, panel members revealed their expectations regarding future increases in footwear retail prices. A sentiment influenced by the high inflation recently experienced

Columbia Sportswear warns of a challenging year ahead

Feb 7, 2024 / United States
The US-based company posted a year-on-year drop in profits in 2023, as well as a weak fourth quarter. It also warns of a challenging 2024, as economic and geopolitical uncertainty remains high

Deckers reports record quarterly revenue and earnings

Feb 6, 2024 / United States
The US-based footwear company has reported “record” third quarter revenue and earnings, driven by an “exceptional performance” from both the Hoka and Ugg brands
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