Shoes
Nike displays LeBron James Innovation Center
Located at the centre of the sportswear giant’s headquarters in Oregon, the LeBron James Innovation Centre will also house the renovated Nike Sport Research Lab (NSRL)
Brazilian footwear production should increase 12.2% in 2021
According to the Brazilian Footwear Industries Association, footwear production should increase by 12.2% in 2021, totalling 856.9 million pairs. Growth is driven by the increase in footwear exports
Caleres with new Senior Vice President for Customer Marketing
Suzy Cirulis was named Senior Vice President for Customer Marketing and will lead the company’s customer marketing efforts across the entire Caleres portfolio
A growing mode Capri will announce second quarter results in a month
The global fashion luxury group, owner of brands Michael Kors, Jimmy Choo and Versace, will disclose the results for the second quarter of the fiscal year 2022 on the 3rd of November
Canada Goose steps into the footwear segment
The Canadian-based luxury outwear brand will launch its first footwear line in November. The release is part of Canada Goose’s “Beyond the Parka” growth strategy, aiming to turn the company into a fully-fledged lifestyle brand
Minelli sold to the owners of San Marino
Vivarte has concluded the sale of its footwear and accessories brand Minelli to the businessmen Stéphane Collaert and Laurent Portella, who also purchased the footwear brand San Marino in February 2020
AAFA: industry expresses concern over tax-tariff burden
The American Apparel & Footwear Association President and CEO Steve Lamar expressed concerns with the Biden administration’s plans to continue collecting tariffs
Average export price of footwear grows by 57% in a decade
Over the last decade, the average worldwide export price of footwear grew significantly and registered a record value of 10.37 US dollars in 2020. This is the highest value ever registered and represents growth of 56.7% compared to 2010 (when the average price was only 6.61 US dollars). Such variance points to an average annual growth in the footwear sector of 4.6% throughout this decade, while the general inflation of the economy was only 1.66%. Footwear prices grew almost three times more than the average registered for all goods
The pandemic led to a higher global attention for the Turkish footwear industry
We spoke with Berke iÇTEN, recently appointed President of the Footwear Industrialists Association of Turkey (TASD), and have discussed the current state and future challenges of the footwear industry in Turkey and in the global scene
Ambitious launches new ladies' line
The company from Guimarães, in the north of Portugal, guarantees that the brand's focus continues to be on male models. However, the brand is experimenting in other fields and now has launched a women's line at Micam
Nike cuts revenue forecast amid supply chain disruptions
Despite an increase in revenue of 16% to 12.25 billion US dollars for the first quarter of fiscal 2022, the US-based company admitted that revenue growth is being limited by supply chain disruptions
Vietnam: industry struggles with extended lockdowns
Textile and footwear industries keep struggling in Vietnam amidst strict and extended coronavirus lockdowns. Companies anticipate delays and shortages of goods, along with higher labour prices and shipping costs, as the holiday season approaches
Hotter Shoes partners up with John Lewis
The British comfort footwear brand will sell its shoes through the department store group John Lewis from this month on. The collaboration is part of Hotter’s new partnership strategy
Nike reports increase in revenue
The US-based company has announced the results for the first quarter of the current fiscal 2022. Revenue increased by 16% to 12.2 billion US dollars (up by 12% currency neutral basis)-
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