World Footwear

Companies

Alpargatas posts a decline in revenue and profits

May 10, 2023 / Brazil
The Brazilian owner of Havaianas announced that it is looking to increase efficiency after posting a decline in revenue and profits in the first quarter of 2023. The company's CEO has resigned

Foot Locker names former Nike executive to lead WSS brand

May 10, 2023 / United States
The US-based retailer has appointed Blanca Gonzalez to the role of Senior Vice President and General Manager of its WSS banner, effective 15th of May

Skechers to acquire its Scandinavian distributor

May 9, 2023 / United States
The US-based footwear company announced that it has signed an agreement to purchase its existing Scandinavian distributor, Sports Connection Holding ApS

Yue Yuen to invest 276 million USD in a factory in India

May 5, 2023 / India
The Hong Kong-based group has entered into a memorandum of understanding with the government of the state of Tamil Nadu to build a manufacturing facility in India

Gap to cut about 1 800 jobs

May 5, 2023 / United States
The US-based apparel company will lay off about 1 800 jobs to streamline operations and cut costs, thus joining the list of US companies that have been downsizing over the past months

Primark posts strong first half

May 4, 2023 / United Kingdom
The fashion retailer, owned by Associated British Foods, reported that in the 24 weeks to March 2023, its revenue increased by 19%, as compared to the same period last year

Skechers announces first quarter results

May 3, 2023 / United States
The US-based footwear company has reported record sales of 2.00 billion US dollars in the first quarter of 2023, up by 10% as compared to the same period of the previous year

JD Sports appoints two non-executive directors

May 3, 2023 / United Kingdom
The UK-based retailer has announced that Angela Luger and Darren Shapland will become the newest company's non-executive directors, effective as of the 1st of June

Puma reports solid performance

May 2, 2023 / Germany
The German-based sportswear company posted double-digit growth of 14.4% in the first quarter of 2023, year-over-year, with a noteworthy performance of its direct-to-consumer channel

Amazon posts profit in the first quarter

May 1, 2023 / United States
The Seattle-based online retail giant reported a first quarter 2023 net income of 3.2 billion US dollars, as compared to a net loss of 3.8 billion US dollars in the same period last year

Crocs raises full year guidance

Apr 28, 2023 / United States
The US-based footwear company has raised its full year outlook as a result of a 34% revenue growth in the first quarter of 2023, as compared to the same period last year

Kering posts mixed first quarter performance

Apr 27, 2023 / France
The French-based luxury group posted a 1% year-over-year marginal revenue growth in the first quarter of 2023, with Gucci slightly recovering from a 14% revenue decline in the fourth quarter of 2022

Ferragamo reports a weak first quarter

Apr 26, 2023 / Italy
The luxury group reported a 4.0% year-over-year revenue decline in the first quarter of 2023, saying that the release of its new collection has not yet helped the brand’s relaunch

JD Sports appoints first Global Managing Director

Apr 26, 2023 / United Kingdom
The UK-based retailer has appointed Michael Armstrong to the newly-created role of Global Managing Director. He is expected to further help drive the group's growth

Decathlon reports full year sales growth

Apr 25, 2023 / France
The French-based sporting goods retailer has announced a net sales increase of 12% in 2022, euros as compared to the previous year, reaching 15.4 billion euros
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