News
New Generation: meet Guilherme Teles Baptista
Get The Balance is a Portuguese brand of sustainable sneakers with avant-garde design that has just been launched. Find out more about this journey from the man responsible, Guilherme Teles Batista
Farfetch CEO José Neves steps down
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
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
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
CICB Sustainability Forum programme already available
The CICB Sustainability Forum 2024 will be held on the 13th of March during the Brazilian trade fair Fimec and will focus on the topic Links for Traceability. Find out more about the speakers
Shoe Carnival Acquires Rogan’s Shoes
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
Milan’s trade fairs are just around the corner
Nearly 3 000 brands will be present from the 18th to the 22nd of February at MICAM, Mipel, TheOneMilano, Milano Fashion&Jewels and Lineapelle, taking place under the motto #GREATIFY
Puma names new head of global brand strategy
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
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
Hermès posts full year revenue growth
The French-based luxury group reported “an outstanding performance” across all regions in 2023, with total revenue up by 21% year-on-year at constant exchange rates to 13.42 billion euros
Deckers appoints Robin Green as President of Hoka
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
Portuguese footwear industry to invest 600 million euros
The Portuguese footwear industry will invest 600 million euros by the end of the decade in innovation, sustainability, management and worker skills, and internationalisation as part of its strategic plan
Capri’s performance hit by weak consumer demand
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
Tapestry raises full year earnings guidance
The owner of Coach, Kate Spade and Stuart Weitzman has raised its earnings guidance for fiscal 2024 after posting better-than-expected revenue and profit growth in the second quarter
Indian leather and footwear industry to reach 47.1 billion USD by 2030
India’s leather and footwear industry turnover is expected to grow significantly from around 17.3 billion today to 47.1 billion USD by 2030, according to a strategic document for the sector
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