News
Spain Retail: clouds are lifting for retail
Despite some concerns about inflation, retailers were optimistic about their prospects for the end of 2023, and data on imports at least confirmed a stabilisation in the footwear trade on favourable grounds. Looking at our previous Retail Flash, it’s now safe to say that the clouds are lifting over retail in Spain. On a different note, online fashion has clearly lost the momentum generated during the pandemic
Indian leather industry seeks fiscal incentives in 2024 Budget
The Council for Leather Exports (CLE) in India has called for several financial incentives for the leather industry in the forthcoming Budget 2024
100th edition of Expo Riva Schuh & Gardabags attracts 9 000 buyers
The organisers said that the number of buyers who attended the last edition of the trade fair exceeded “all expectations for a market facing such challenging circumstances”
Parent company of Uniqlo posts solid performance
Fast Retailing posted a revenue growth of 13.2% in the three months to the start of November 2023, as compared to the same period of 2022, driven by the performance of Uniqlo abroad
Footwear industry with optimistic expectations for the future
In the latest edition of the World Footwear Business Conditions Survey, our panel members predicted an increase of 7.3% in footwear prices over the next six months. Get free access to the report with the main conclusions
Under Armour reinforces executive team
The US-based sportswear company has strengthened its executive team with the appointment of Yassine Saidi as Chief Product Officer and Kara Trent as President of the Americas region
361 Degrees provides fourth quarter update
The Chinese-based company has issued an operational update on its fourth quarter performance, with retail sales of its 361º Kids brand standing out with 40% year-over-year growth
Burberry warns on profits as luxury demand slows
The British luxury group has once again cut its profit guidance for fiscal 2024, following a period of weak sales in December. It also warned of tough times ahead for the luxury sector as demand wanes
European associations call for ratification of EU-Mercosur agreement
A total of 23 associations representing a range of European industries and other businesses, including CEC, have once again urged the EU to conclude and ratify the EU-Mercosur agreement
Global slowdown in international footwear trade
A sluggish demand in two of the main areas for footwear consumption, the US and Europe, resulted in a global slowdown in international trade throughout 2023. Check the snapshot of the performance of the main players with the figures known so far
Portuguese footwear companies’ successful partnerships
There’s strength in numbers, a motto taken seriously by some Portuguese footwear companies that see partnerships as a lever for moving forward. Take a look at the partnerships of JAK, ESC and Lachoix
Charles Denson appointed to the board of directors of Columbia Sportswear
The US-based company announced the appointment of Charles Denson, a former Nike Executive, to its Board of Directors. He will serve as a director and member of the Audit Committee
World Footwear Voices: interview with Yves Morin
Today we bring you a conversation with Yves Morin to learn a little more about technology, innovation, and how that can lead to a more sustainable world. Watch this new episode of the World Footwear Voices
Spanish footwear companies bet on internationalisation despite economic slowdown
Spanish companies continue to work towards internationalisation, despite the difficult period the footwear sector is experiencing due to inflation and falling consumption, says FICE
Wolverine Worldwide sells Sperry to ABG
Authentic Brands Group (ABG) has acquired the Sperry brand from Wolverine Worldwide for 130 million USD, bringing on board the Aldo Group to design, manufacture and distribute the brand globally
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