World Footwear

Shoes

Bangladeshi leather exports surpass strategic target set for the year

Jun 29, 2022 / Bangladesh
From July 2021 to May 2022, overall leather exports totalled 1.11 billion US dollars, topping the strategic target set of 1.03 billion US dollars for the full financial year

Angela Ogbechie is Deckers new Chief Supply Chain Officer

Jun 28, 2022 / United States
The California-based brand footwear, apparel and accessories has promoted Angela Ogbechie to the newly created role of Chief Supply Chain Officer. David Lafitte will step down as Chief Operating Officer

Employment level to increase in the footwear industry

Premium ContentJun 27, 2022 / Business Conditions Survey
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the expectations of our panel of international footwear experts

Zalando acquires majority stake in Highsnobiety

Jun 21, 2022 / Germany
With the transaction, multi-media global brand Highsnobiety will retain its editorial independence, with creative agency work remaining fully autonomous and management structure unchanged. Founder and CEO, David Fischer retains a minority stake in the business

Strong expectations for the health of footwear businesses

Premium ContentJun 20, 2022 / Business Conditions Survey
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the expectations of our panel of international footwear experts

More than 8 000 visitors at the latest edition of Expo Riva

Jun 20, 2022 / Italy
Under the umbrella of innovation and sustainability, the 97th edition of Expo Riva Schuh & Gardabags attracted more than 8 000 visitors from 103 countries and exhibitors from over 41 countries

Kohl’s in talks to be bought by Franchise Group

Jun 17, 2022 / United States
The American-based department store chain has entered into exclusive negotiations with Franchise Group for a period of three weeks. Franchise proposed to acquire the retail chain for 60 US dollars per share

Argentina: SME retail sales dropped in May

Jun 16, 2022 / Argentina
Retail sales from small and medium businesses fell by 3.4% in May, year-over-year, and by 8.9%, as compared to April. Price and cost increases affected profitability and consumer’s confidence

lululemon's footwear launch exceeds expectations

Jun 16, 2022 / Canada
The performance apparel company reported in a call with investors that demand for the new products in the first quarter “far exceeded” the company’s expectations and outweighed supply

France Retail: retailers’ confidence sank in the first quarter of 2022

Premium ContentJun 15, 2022 / France
Despite the Eurostat TCF (Textile, Clothing and Footwear) suggesting the return of retail to normalcy, there are red signs undermining not only consumers’ confidence, but also the retailers’ one, who before had displayed some insensitivity towards risks. Surging energy prices, inflationary pressure and the war in Ukraine are overshadowing any boost from an easing of COVID-19 restrictions. The subsequent increase in costs does make us wonder why TCF retail is not in the red yet

ABL Group acquires sneaker brands Tonakai

Jun 15, 2022 / Italy
The Italian producer of leather goods, owner of the Rebelle handbag brand, has acquired 80% of Tonakai, the fashion sneaker brand founded by Francesco Renna

Europe: fashion brands don't share geographical location with manufacturing

Premium ContentJun 14, 2022 / Europe
When looking into the location of the main brands and manufacturing businesses of the European TCLF industry (Textile, Clothing, Leather and Footwear), one easily concludes about the existence of a dichotomy between brands and production

The Athlete’s Foot owner acquires Shoe City

Jun 13, 2022 / United States
Arklyz announced it is acquiring the Baltimore-based retailer Shoe City and its associated online platform - ycmc.com. With this acquisition, Arklyz expands its portfolio with another Athletic Speciality Footwear & Streetwear Lifestyle Retail Chain

Allbirds expands distribution to Nordstrom

Jun 10, 2022 / United States
Nordstrom customers can now shop men's and women's Allbirds styles at 14 select stores.Later this year, Allbirds will expand their selection, which will be available to shop on Nordstrom.com, at Center Stage in New York City and in more Nordstrom stores

Australia: retail sales increase in April

Jun 9, 2022 / Australia
The Australian retail turnover rose by 0.9% in April 2022, reaching another record level, according to the figures of Retail Trade published by the Australian Bureau of Statistics (ABS)
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