World Footwear

Companies

Authentic Brands appoints new Chief Financial Officer

Jul 20, 2023 / United States
The New York-based brand management company has announced the appointment of Kevin Willis as Chief Financial Officer (CFO)

Gucci CEO Marco Bizzarri to step down

Jul 19, 2023 / France
Kering has announced the impending departure of Gucci's CEO as part of a wider executive shakeup that includes the naming of Saint Laurent CEO Francesca Bellettini to lead the group's portfolio of brands

Mango invests in virtual avatar creation start-up

Jul 19, 2023 / Spain
The Spanish-based fashion retailer has announced that it is investing in Union Avatars, a digital identity platform that enables the development of avatars in different styles

Japan Retail: mixed signs cast a shadow over a clear outlook for the rest of the year

Premium ContentJul 18, 2023 / Japan
The growth rate of footwear consumer prices has largely outpaced that of the overall prices. This is not a good sign for the footwear sector, as discretionary items are always the first to be discarded by consumers, but it is not all bad news. The truth is consumer confidence has rebound at the start of the year, private consumption has shown some resilience and the return of tourists is a welcoming sign. Perhaps most surprising is the fact that the volume of imports has not been affected by the weakening of the yen. It remains to be seen how the outlook will unfold

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

Canada Goose introduces its first sneaker line

Jul 18, 2023 / Canada
The Canadian-based luxury outwear brand is expanding its footwear offering with the launch of the Glacier Trail sneaker in both high and low-top silhouettes. It arrives in stores today

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

Puma commits to sourcing leather from deforestation-free supply chains by 2030

Jul 17, 2023 / Germany
The Germany-based company has signed the Deforestation-Free Call to Action for Leather, thereby committing to source bovine leather from deforestation-free supply chains by 2030 or earlier

Mariano Shoes launches wedding collection

Jul 17, 2023 / Portugal
The Portuguese luxury shoe brand launched the Wedding Collection, composed of models that aim to provide the bride and groom with all the elegance and comfort for their special day

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

Clarks names new Managing Director for the UK and Ireland

Jul 13, 2023 / United Kingdom
The British footwear label has announced that Under Armour's former Vice President of retail Bob Neville will serve as its new Managing Director for the UK and Republic of Ireland

Brooks Running enters the resale market

Jul 13, 2023 / United States
The Seattle-based company has announced the launch of the resale programme ReStart, which will enable the refurbishment and reselling of used Brooks footwear in the US

Designer Brands appoints Laura Denk as President of DSW

Jul 12, 2023 / United States
The North American company announced the appointment of Laura Denk as President of Designer Shoe Warehouse (DSW) and Executive Vice President of Designer Brands, effective as of the 24th of July

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
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