World Footwear

Companies

Second call!! Join the 9th edition of the World Footwear Business Conditions Survey

Nov 24, 2023 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!

Columbia Sportswear names new president for the Sorel brand

Nov 22, 2023 / United States
The US-based company announced that Cory Long will join Columbia in December as President of the Sorel brand. He succeeds Mark Nenow, who resigned in June for health reasons

Hermès could consider investing in Italian fashion and shoe suppliers

Nov 22, 2023 / France
This willingness was shown by the luxury company’s CFO, Eric du Halgouët, in a call with analysts last month. The goal would be to further integrate its supply chain

Geox reports moderate growth

Nov 17, 2023 / Italy
The Italian-based brand recorded a positive performance in the year to date, but emphasised that the sales growth was moderate as compared to the last two years

Join the 9th edition of the World Footwear Business Conditions Survey

Nov 15, 2023 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!

Wolverine Worldwide announces transformation initiatives after weak quarter

Nov 15, 2023 / United States
The US-based footwear company delivered a weak third quarter performance and announced a series of strategic initiatives that should put the company on a path to profitable growth

Japan Retail: footwear trade is not expected to improve until the end of the year

Premium ContentNov 14, 2023 / Japan
Despite some positive news on the growth of department store sales and the return of foreign tourists, rising consumer prices set alarm bells ringing in September, suggesting that Japanese consumers in general are cutting back on spending and may be at their breaking point. In addition, the reduction in the volume of footwear imports and the impact of the country’s monetary policy on the cost of imported goods is another sign that footwear retail is unlikely to improve by the end of the year. The Government has been taking measures, but the outcome shouldn’t be seen until 2024

Prada announces nine months results

Nov 9, 2023 / Italy
The Italian-based luxury group posted a 17% increase in revenue in the first nine months of 2023, as compared to the same period of last year, underpinned by solid retail sales growth in all regions

Crocs with another strong quarter

Nov 8, 2023 / United States
The US-based footwear company posted a revenue increase of 6.2% in the third quarter of 2023, as compared to the same period of 2022, driven by double-digit revenue growth from the Crocs brand

10 countries were responsible for 88% of total footwear production

Premium ContentNov 6, 2023 / World Footwear Yearbook
In 2022, global footwear production reached 23.9 billion pairs, increasing by 7.6% compared to the previous year. A group of 10 countries accounted for 88% of all footwear produce in the world

German industry association warns of new wave of insolvencies and closures

Nov 6, 2023 / Germany
The German Trade Association for Textiles, Footwear, and Leather Goods (BTE) recalled that repayment of state aid under the pandemic approach, increasing the pressure on an already struggling sector

Demand for Hoka and Ugg drives Deckers' growth

Nov 2, 2023 / United States
Deckers posted a 25% increase in net sales and a 79% growth in diluted earnings per share in the second quarter of fiscal 2024, as compared to the same period of last year, thus raising its full year outlook

Skechers announces record quarterly sales

Nov 1, 2023 / United States
The US-based footwear company posted a 7.8% sales growth in the third quarter of 2023, as compared to the same period of last year, reaching a “record” 2.02 billion US dollars

Decathlon launches buyback service in all its UK stores

Oct 31, 2023 / United Kingdom
The sporting goods retailer is expanding its buyback service to all its UK stores. Customers will be given in-store credit for returning products they may have outgrown or no longer use

Puma reports third quarter results

Oct 31, 2023 / Germany
The sportswear company reported a 6.0% currency adjusted growth in the third quarter of 2023, as compared to the same period of last year, and said it is on track to achieve its full year outlook
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