Companies
adidas appoints new Global Human Resources Head
The German-based company has appointed Michelle Robertson as Executive Board member, responsible for Global Human Resources, People and Culture, effective from the 1st of January
Wolverine Worldwide sells Asian assets for 70 million USD
As part of its ongoing transformation strategy, the US-based footwear company announced the sale of some assets in Asia, which will generate a total of 70 million US dollars in proceeds
Portuguese footwear arrives in Versailles
The emblematic Château de Versailles has chosen the footwear of the Portuguese brand Uniform Shoes to equip its reception and management teams
South Korean Coupang acquires Farfetch
The South Korean e-commerce giant has agreed to buy Farfetch in a bailout deal, providing the online luxury platform with 500 million USD in emergency funding. Deal to acquire a 47.5% stake in Yoox Net-a-Porter is off
Deborah Taylor from SLF: traceability is the number one challenge facing the leather industry
We spoke to Deborah Taylor, Managing Director of the Sustainable Leather Foundation (SLF), to find out more about the tools the organisation provides to help the leather industry move towards more sustainable practices and the biggest challenges it currently faces
Under Armour to scale up its fibre-shed test method
The company has teamed up with James Heal, a precision testing solutions supplier, to make its fibre-shed test method available to the industry and to address the growing threat of microfibres and microplastics
Kiton invests in new production cluster
The Italian luxury ready-to-wear and bespoke clothing company will invest 30 million euros in a new facility in Arzano (Naples) to strengthen its production, including that of accessories and shoes
Inditex reports strong performance
The owner of Zara continues to perform strongly. In the first nine months of 2023, its sales and profits grew by 11% and 33%, respectively, as compared to the same period of last year
Sam and Libby Edelman presented with the Footwear News Lifetime Achievement Award
The founders of the Caleres-owned footwear brand Sam Edelman were honoured at the last edition of the Footwear News Achievement Awards (FNAAs) with the Lifetime Achievement Award
New creative director at Tod’s
The Italian-based luxury group has appointed Matteo Tamburini as Creative Director of the Tod’s brand. He succeeds Walter Chiapponi, who stepped down in July
Genesco reports drop in sales and profits
Amid a difficult operating environment, the footwear retailer reported a third quarter decline in sales and profits. Schuh and Johnston & Murphy results helped offset Journeys’ performance
Romika, Westland and Gerry Weber brands to be marketed under the Josef Seibel umbrella
The German shoe manufacturer Josef Seibel has announced that it will consolidate and market the Romika, Westland and Gerry Weber brands under the company's name from the fall/winter 2024 season
LAST CALL!! Join the 9th edition of the World Footwear 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!
Golden Goose on an upward trajectory
The Italian-based luxury sneaker brand posted a 19% increase in revenue in the first nine months of 2023, as compared to the same period of 2022, with solid performances in all geographies
Caleres profits rise
Despite recording a net sales drop of 4.6% in the third quarter of 2023, as compared to the same period of 2022, the footwear company managed to increase its profitability in the quarter-
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