World Footwear

Companies

Skechers expands presence in Ireland with the opening of a flagship store

Jan 2, 2023 / Ireland
The US-based company has opened a flagship store on Dublin's Grafton Street, located in one of Ireland’s busiest districts, to showcase its range of offerings and comfort technologies

Cost of merchandise and raw materials is the main concern of the industry

Premium ContentDec 30, 2022 / Business Conditions Survey
In the current edition of World Footwear Business Conditions Survey, problems associated with the cost of merchandise and raw materials account for more than 80% of responses relating to the main difficulties felt by the footwear industry

China scraps COVID-19 quarantine for international travellers

Dec 30, 2022 / China
Despite the increase of COVID-19 cases in the country this month, China announced that from the 8th of January travellers will no longer be required to quarantine upon arrival on the mainland

Inditex will invest at least 10 million euros to restore ecosystems

Dec 29, 2022 / Spain
The Spanish-based fashion group has signed a three-year partnership agreement with the World Wide Fund for Nature (WWF) to support nine of the organization's conservation projects

Mizuno's Innovation Centre in full swing

Dec 28, 2022 / Japan
After three years since the announcement of the investment, the Osaka-based sportswear company reported that its Innovation Centre, called Mizuno Engine, is now operating

US: majority of SMBs are contemplating nearshoring

Dec 28, 2022 / United States
According to a survey released by the tech company Capterra, 88% of small and midsized businesses (SMBs) are considering or have already switched some of their suppliers closer to the US

Maria Eugenia Errobidarte: greenwashing will slowly start to disappear

Premium ContentDec 27, 2022 / United Kingdom
Get to know Maria Eugenia Errobidarte, Director of Insight @ HYPEBEAST (platform for contemporary culture and lifestyle), who has been working on projects focusing on luxury fashion

Under Armour appoints new CEO

Dec 27, 2022 / United States
The Baltimore-based company has announced the appointment of the current President of Marriot International, Stephanie Linnartz, to the role of President and Chief Executive Officer

Employment in the sector not expected to grow in 2023

Premium ContentDec 26, 2022 / Business Conditions Survey
According to the perspectives of the most recent edition of the World Footwear Business Conditions Survey, conducted in November, employment in the footwear industry should stabilize or decrease in the next few months

Saysh lands in Canada

Dec 22, 2022 / United States
The US-based women's footwear brand led by Allyson Felix announced the expansion of its delivery service to all Canadian provinces. Canada becomes Saysh's first international market

Nike posts revenue growth

Dec 22, 2022 / United States
In the second quarter of fiscal 2023, the sportswear giant posted a revenue increase of 17%, year-over-year, driven by discounts and increased promotions to reduce the inventory excess

JD Sports sells 15 non-core fashion brands to Frasers Group

Dec 21, 2022 / United Kingdom
The deal, worth 47.5 million British pounds (around 57.6 million USD), will enable the UK-based retailer to focus on the international and digital expansion of its core platforms

Golden Goose joins forces with Swarovski

Dec 21, 2022 / Italy
The luxury sneaker brand teamed up with Swarovski Creators Lab on a limited-release collection that includes two new versions of the iconic Golden Goose Super-Star sneaker and an exclusive skateboard

Designer Brands acquires Topo Athletic

Dec 20, 2022 / United States
The parent company of DSW announced that it has bought the US-based retailer specializing in footwear for running, walking, and hiking, thus reinforcing its brand-building strategy

Vans and Timberland release first-ever collaborative capsule

Dec 20, 2022 / United States
By the occasion of the 30th anniversary of Vans' iconic Half Cab, the two VF Corp brands have teamed up for the first time to create a hybrid silhouette that fuses both their DNAs
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