News
Puma announces preliminary results for 2023
The sportswear company highlighted the impact of the devaluation of the Argentine peso on its results, with currency-adjusted sales growth of 6.6% in 2023, as compared to the prior year
LVMH reports another strong year
The French-based luxury conglomerate highlighted a “remarkable performance” from its Fashion & Leather Goods business group, with organic revenue growth of 13% year-on-year in 2023
Minelli finds a new set of owners
The French footwear retailer avoids liquidation by being taken over by three investors. Only a third of the workforce and less than half of the stores will be retained
National Retail Foundation announces new board members
The National Retail Foundation (NRF), which is part of the National Retail Federation, has welcomed four new members to its board of directors
Employment: stabilisation is the word for the footwear industry
In the latest edition of the World Footwear Business Conditions Survey, two-thirds of our panel members responded that they believe the level of employment will stabilise in the next few months. Get free access to the report with the main conclusions
Owner of Athlete’s Foot acquires Lloyd Shoes
The Swiss-based Arklyz Group has added another footwear brand to its portfolio by acquiring the German Lloyd Shoes from Ara Group, with all its operating subsidiaries
New leadership appointments announced at Allbirds
The US-based sustainable footwear brand has promoted Kelly Olmstead, formerly SVP of Brand & Marketing, to Chief Marketing Officer, and appointed Adrian Nyman to the newly created role of Chief Design Officer
Volume increase in Brazilian leather exports in 2023
In 2023, Brazilian exports of hides and skins rose by 13.0% in area and 21.5% in weight, as compared to the prior year. But in value terms, leather exports were down by 8.3% over 2022
Designer Brands appoints Andrea O'Donnell as Brands President
The North American footwear company has appointed Andrea O'Donnell to the role of Brands President and Executive Vice President of Designer Brands, effective from the 29th of January 2024
More than 1 800 brands expected at The Atlanta Shoe Market
The US footwear trade event is set to host more than 1 800 brands at its next edition, which will take place from the 17th to the 19th of February at the Cobb Galleria Centre in northwest Atlanta
Birkenstock posts double-digit revenue growth
The German footwear company reported a 20% increase in revenue for its fiscal 2023, as compared to the previous fiscal year, with growth across all regions and channels
Lululemon strengthens creative team
The apparel performance company has appointed Jonathan Cheung as Global Creative Director. JJ Colier has also joined the design team as the first Vice President of Design for Outerwear
World Footwear Voices: interview with Eddy Widjanarko from APRISINDO
Today we bring you a conversation with Eddy Widjanarko from APRISINDO, the Indonesian Footwear Association. Watch the new episode of the World Footwear Voices
Portuguese shoes find their way to 173 countries
The Portuguese footwear industry currently exports more than 90% of its production. As a result, 76 million pairs of shoes are sold in more than 170 countries on five continents
Stella Holdings full year revenue declines
The footwear manufacturer posted an unaudited consolidated revenue decline of 8.5% in 2023, on a comparable basis to the prior year, but posted a positive performance in the fourth quarter
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