News
Net sales decrease at Rocky Brands
The US-based footwear company reported a 9.3% year-over-year decline in net sales in the fourth quarter, a slight improvement from the previous quarter. For the full year, net sales were down by 25.0%
Impact of COVID-19 in the supply chain
In the latest edition of the World Footwear Business Conditions Survey, we asked our experts about their opinion on the impact that the COVID-19 pandemic had on the location of footwear production for major international brands
Dikamar plants trees in the Mata Nacional do Urso
The Portuguese safety boot manufacturer carried out a reforestation project in the Mata Nacional do Urso, a part of the Leiria forest which was severely affected by the 2017 fires
Challenging external market weighs on Grendene’s full year results
The owner of Melissa and Ipanema brands ended 2023 in the red, with the macroeconomic environment remaining unfavourable to consumption in the fourth quarter of last year
Hoff partners with Newmark Retail to fuel European expansion
The Spanish footwear brand has appointed the strategic retail property advisor Newmark Retail UK & EMEA to support its national and international retail growth strategy
Solid fourth quarter for Steve Madden
The New York-based designer and marketer of footwear, accessories and apparel ended its fiscal 2023 with a solid performance, despite a decline in full year revenue and profits
VF-owned Dickies names new vice president of global marketing
The US-based workwear brand, owned by VF Corp, has appointed Denise Anderson as its new vice president of global marketing. She joins the brand from Smartwool, also part of the same company
Puma achieves full year sales growth despite a weak fourth quarter
Amid a “volatile environment”, Puma posted currency-adjusted sales growth of 6.6% year-on-year in 2023. Results would have been better had it not been for the devaluation of the Argentine peso in the last quarter, it added
Italian footwear production slows down
Italy recorded a footwear production of 148 million pairs last year, down by 8.6% year-over-year and a far cry from 2019’s 179 million pairs, after a progressive slowdown since the start of 2023
Concept Factory and CICB Sustainability Forum to be featured at Fimec 2024
In addition to the new products on display, the coming edition of Fimec aims to stand out for the learning spaces it offers its visitors. These include the Concept Factory and the CICB Sustainability Forum
US Retail: it’s all about the prices
There are signs that footwear retail sales could rise moderately in the near term, but this will all depend on future price behaviour. On the one hand, the CPI suggests that the risk of renewed price rises is well contained, but on the other hand, retailers continue to manage excess inventories, so their pricing power may not be more evident until 2024. Perhaps better news comes from consumers’ inflation expectations for the next 12 months, as they seem to believe that they will get a break from inflation, which usually leads to more discretionary demand
Aldo to produce bags and leather goods for ABG-owned Hunter brand
The Canadian footwear company has signed another licensing agreement with Authentic Brands Group (ABG) to design, manufacture and distribute Hunter bags and small leather goods in the US and Canada
adidas continues the release of Yeezy existing products
The German-based sportswear company has announced a further release of Yeezy inventory with a range of existing products to be made available globally in phases over the coming weeks
World Footwear Voices: interview with Marco Guazzoni from Vibram
Today we bring you a conversation with Marco Guazzoni Sustainability Director at Vibram. Watch the new episode of the World Footwear Voices
Portuguese footwear components grow by 13.6%
The Portuguese footwear components sector continues to expand into foreign markets. In 2023, it exported components worth 73 million euros, an increase of 13.6% as compared to the prior year
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