Companies
Designer Brands adds two names to the Board of Directors
The North-American company announced the appointment of Rich Paul and Tami J. Fersko to the Designer Brands Board of Directors as independent directors
New qualifications for designers of sustainable footwear
The Erasmus+ SHOEDES training project aimed at promoting initiatives towards sustainable product designers is calling out footwear designers, industry technicians and students to take part of the project by filling out training needs questionnaire
Strong third quarter for Caleres
The US-based footwear group posted record quarterly consolidated net sales of 798.3 million US dollars in the third quarter of 2022, driven by the performance of the Brand Portfolio Segment
Shoe Carnival announces third quarter results
The US-based footwear retailer reported a sales decline of 4% in the third quarter of 2022, as compared to the same period of 2021, in which results were impacted by governmental stimulus
Gucci's Creative Director Alessandro Michele steps down
The Italian-based luxury House has announced that the Rome-born designer is stepping down as Creative Director, effective immediately, after almost eight years in the job
Ecco Leather teams up with mycelium technology company Ecovative
The global tannery, which is part of the Danish footwear brand Ecco, has partnered up with Ecovative to develop and commercialize mycelium materials for a range of new products
Tod's posts sales increase
The Italian-based luxury group posted a sales growth of 16.4% through September, year-over-year. Sales picked up in the third quarter in Greater China, but demand remains volatile in this region
Foot Locker raises guidance
After reporting "better-than-expected results" in the third quarter of 2022, the US-based retailer announced that it has raised its full year outlook
Recycled footwear foam maker Blumaka starts producing in Central America
The Californian-based producer of footwear components has signed a lease on a manufacturing facility in El Salvador to expand production and provide US shoemakers with a closer production option
Farfetch reports third quarter profit loss
The luxury online retailer posted a slight revenue increase of 1.9% and a GMV decline of 4.9% in the third quarter of 2022, year-over-year, lowering its guidance for the full year
Portuguese Ambitious launches hiking sneaker
The Rambler model is one of the highlights of the brand's FW22 collection Intersections, whose motto was the reinvention of artisanal manufacturing techniques to merge past and future
Burberry posts revenue growth
The UK-based luxury group reported a revenue increase of 11% in the first half of fiscal 2023, year-over-year, mainly driven by a strong performance in the EMEIA region
Nike launches Web3 platform .Swoosh
The US-based sportswear giant has launched a new web3-enabled platform called .Swoosh. The company intends to make it home to the brand's virtual designs and digital community
Denis Falardeau (Shoe Manufacturers Association of Canada): I am very optimistic for 2023
We spoke with Denis Falardeau, President of the Shoe Manufacturers Association of Canada, to better understand the trajectory of the Canadian footwear industry, the recent transformations in the country’s retail and why the industry is well-positioned for the future
Yeezy's partnership termination might impact adidas full year earnings
The German-based giant reduced again its yearly outlook due to the termination of the Yeezy partnership last month over hate speech by its creator, Kanye West, who now goes by Ye-
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