News
Wolverine Worldwide inflects to growth
The US-based outdoor company has reported better-than-expected fourth quarter and full year results, as a result of a successfully implemented turnaround strategy
Survey reveals growing importance of digital retail channels will continue
The results of the latest World Footwear Business Conditions Survey have been published. Over half of respondents anticipate an increase in the share of digital retail channels over the next three years
Details of reciprocal tariff review closely watched by AAFA
The American Apparel & Footwear Association (AAFA) is closely monitoring the reciprocal tariff review announced by the Trump administration. Initial reports are due by the 1st of April
Asics ends 2024 with a strong foothold
The Japan-based sportswear company has reported an 18.9% increase in full year net sales, driven by strong sales across all categories in all major regions and exchange fluctuation rates
Authentic announces new partnerships to help grow Reebok
The New York-based management company has partnered with Galaxy Universal and Batra Group to accelerate growth for Reebok in the US, Europe and the UK
CEO of Ambitious dies aged 49
A key figure in the Portuguese footwear industry, Paulo Martins, CEO of Portuguese footwear manufacturer Celita and the Ambitious brand, has died at the age of 49
Retail Flash: insights from key footwear markets
Explore the main retail trends in France, Germany, Japan, the Netherlands, the UK, the US and Spain from our Retail Flash reports, highlighting volatility in 2024 and mixed consumer and retailer sentiment. In particular, new tariffs on key trading partners could put pressure on US footwear prices, Germany’s online sector continues to expand and Japan faces rising inflation
Call for Papers for the UITIC 2025 World Congress announced
The International Union of Shoe Industry Technicians (UITIC) has announced the Call for Papers for its 22nd World Congress, to be held in Shanghai from the 31st of August to the 3rd of September 2025
Tapestry sells Stuart Weitzman to Caleres
The US-based luxury group has entered into a definitive agreement to sell Stuart Weitzman to Caleres, the group that owns Sam Edelman and Famous Footwear, for 105 million USD in cash
Decathlon to open 20 stores in Argentina
The France-based sporting goods retailer plans to open 20 stores in Argentina by 2026. The move marks Decathlon’s return to Argentina after more than two decades of absence
Strong full year 2024 for Hermès
Amidst a challenging macroeconomic environment, the France-based luxury group has reported a strong full year performance, underpinned by solid growth in all regions
Capri Holdings promotes Philippa Newman to Chief Brand and Product Officer
Philippa Newman, who has been with Michael Kors for over 16 years, has been promoted to Chief Brand and Product Officer. In this expanded role, she will oversee all product and marketing functions
Wolverine Worldwide appoints its first Chief Strategy Officer
The US-based outdoor company has announced the appointment of Brett Parent as the first Chief Strategy Officer. He has been with Wolverine for nearly twenty years
Crocs ends 2024 on a positive note
The US-based footwear company has reported a strong full year performance and ended 2024 with a solid balance sheet. From a brand perspective, Heydude continues to fail to take off
Nikolai Christensen: MOVV aims to build a loyal community of runners by creating products that bring joy and progress
We spoke to Nikolai Christensen, Founder of MOVV, to learn more about his new minimalist and functional Scandinavian footwear venture. We talked about the company’s mission, challenges and recent initiatives
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