News
Prada reports strong full year 2024 as it eyes Versace purchase
The Italy-based luxury group has reported a full year revenue growth of 17% over 2023, well-above market. The results came as talks of a takeover of Versace from Capri Holdings became public
Crocs offers Jibbitz customisation with AI-powered design platform
The US-based casual footwear company has partnered with the AI-powered fashion design platform Ablo to allow consumers to create one-of-a-kind Jibbitz charms
Steve Madden ends 2024 on a strong note
Steve Madden ended the year 2024 with strong revenue growth. Despite the cautious near-term outlook, the company is optimistic for 2025 and expects the pending acquisition of Kurt Geiger to be another growth driver
Assomac supports internationalisation efforts
The Italian Association of Tanning, Shoe and Leather Goods Machinery Manufacturers (Assomac) is supporting the internationalisation efforts of the sector in key markets such as India, Hong Kong and Pakistan
Saks Global to cut around 5% of its US corporate staff
Saks Global is laying off about 5% of its US workforce, Bloomberg reported, as the department store continues to integrate its recent acquisition of Neiman Marcus
Portuguese Shoes campaign reaches 28 million people
Promoted by the Portuguese Footwear, Components, Leather Goods Manufacturers’ Association, the international advertising campaign for Portuguese Shoes reached around 28 million people worldwide in 2024
Benjamin Majster (Last Engineers) envisions a future where footwear customisation becomes standard
We spoke to Benjamin Majster, CEO of Last Engineers, his French startup that focuses on delivering the “perfect fit” for shoe lasts. In part 1 of the interview, we talked about the fit issue, his solution and Last Engineers’ focus on customer satisfaction
Under Armour hires former Estée Lauder executive to lead its AI and analytics efforts
The sportswear company has appointed Liz Bacelar, the former executive director of global tech innovation at Estee Lauder, to lead its new artificial intelligence and advanced analytics division
More buyers at the last edition of Lineapelle
Amid an “economic phase that still presents significant challenges”, the February edition of Lineapelle closed with a 7% increase in buyers compared to the previous edition in September
Strong full year 2024 for Alpargatas
The Brazilian company, which owns the Havaianas and Rothy’s brands, has reported a strong fiscal 2024, with significant increases in net sales and profitability
Shein seeks to reassure investors amid US policy changes
The China-based fast fashion giant has reported that it is experiencing strong growth. The reassurance came after US President Donald Trump first announced the end of the minimis rule
Rising domestic demand drives footwear production in Brazil
Footwear production increased by 3.5% last year, as compared to 2023, driven by rising domestic demand. Growth could have been higher without the “invasion” of imported shoes, says Abicalçados
Rocky Brands reports solid fourth quarter
The US-based footwear manufacturer has reported a solid fourth quarter in 2024, resulting in a minor drop in net sales for the full year. Overall, Rocky Brands is optimistic about near-term prospects
Zalando and Diane von Furstenberg announce exclusive partnership
The Germany-based online multi-brand retailer has become the exclusive retail partner for the Belgian fashion designer Diane von Furstenberg (DVF) in Europe
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