World Footwear

Companies

Loewe opens first leather goods repair store

May 31, 2023 / Japan
The Spanish luxury label has opened in Osaka (Japan) its first store entirely dedicated to the repair and maintenance of leather articles. A leather artisan will be in the store ready to repair and renew damaged products brought in

Permira to acquire majority stake in Gruppo Florence

May 31, 2023 / Italy
Funds advised by the global private equity firm Permira have agreed to acquire a majority stake in luxury goods manufacturer Gruppo Florence

Nike reorganizes senior leadership team

May 31, 2023 / United States
The sportswear giant is promoting Heidi O'Neill to the role of President, Consumer, Product and Brand, and Craig Williams to President, Geographies and Marketplace

Burberry appoints Alexandra McCauley as Chief People Officer

May 30, 2023 / United Kingdom
Joining from the luxury fashion brand Chanel, Alexandra McCauley will manage Burberry’s People strategy globally. She will join the company’s Executive Committee while reporting directly to Burberry CEO Jonathan Akeroyd

Kering unveils new Italian headquarters in the centre of Milan

May 30, 2023 / Italy
The luxury group will be the sole occupant of the six-floor Palazzo Pertusati, located in the central Via Senato, with views towards the quadrilatero della moda on one side, and the Giardini di Porta Venezia on the other

France Retail: prospects for the clothing and footwear sectors are still far from positive

Premium ContentMay 29, 2023 / France
The stabilization of the pattern of weakening French consumer confidence in the first quarter of the year cannot mask the pessimism that is still being felt in the country, especially in the context of social unrest. Moreover, in this reality of high inflation, neither do price increases hide the contraction in volumes sold nor is it possible to ignore the difficulties faced by companies more exposed to the domestic market due to increased operating costs (rents and energy) or even the stagnation of the online channel. Retail prospects for the clothing and footwear sectors are, therefore, still far from positive

Foot Locker lowers yearly guidance

May 26, 2023 / United States
In the first quarter of fiscal 2023, the US-based company saw its sales drop by 11.4% year-over-year due to the challenging macroeconomic backdrop, lowering its yearly guidance in result

Saucony's President steps down

May 26, 2023 / United States
Anne Cavassa, who joined Wolverine Worldwide as President of the Saucony brand in 2018, has left the company. Search for a successor is already underway

CICB Sustainability Forum will be held at the Fimec Fair in 2024

May 26, 2023 / Brazil
The CICB Sustainability Forum will once again be held during Fimec (International Fair for Leather, Chemicals, Components, Machines and Equipment for Shoes and Tanneries), in Novo Hamburgo (Brazil)

Indian government considering monitoring imports of leather products

May 25, 2023 / India
The Commerce Ministry in India is considering introducing an import monitoring system for the leather sector. Under such a system, the traders will have to provide advance information about the products to be imported

JD Sports appoints Dominic Platt CFO

May 25, 2023 / United Kingdom
British sportswear retailer JD Sports Fashion has appointed Dominic Platt as its Chief Financial Officer, replacing Neil Greenhalgh who is stepping down in the summer after four years in the role

VF reports a revenue decline

May 24, 2023 / United States
The US-based company posted a decrease in revenue and profits in the last quarter of fiscal 2023, but stressed that it has already improved its performance in terms of supply challenges

Authentic Brands Group eyeing Hunter Boots

May 23, 2023 / United States
New York-based ABG, the owner of Reebok and Ted Baker, is one of the possible bidders for Hunter Boots, the Wellington boots specialists

JD Sports delivers solid performance

May 23, 2023 / United Kingdom
According to the group's latest update on fiscal 2023, the UK-based retailer saw its revenue and profit before tax and adjusting items grow year-over-year despite supply chain challenges

German footwear manufacturer EOD declares insolvency

May 23, 2023 / Germany
The company, known for the Groundies shoe brand, has filed for insolvency proceedings with the Freiburg District Court with the aim of restructuring itself to get back “on solid ground”
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