News
Lineapelle closes with an increased number of buyers
The most recent edition of Lineapelle saw a 25% increase in the number of buyers present, as compared to the September 2022 edition, confirming the “reassuring return” of Asia
Nordstrom expands its Board of Directors
The Seattle-based department store chain has appointed Guy B. Persaud to its Board of Directors, thus expanding this organizational structure to 12 members
Rising imports worry the Brazilian footwear industry
In August, Brazilian footwear imports grew by 62% in volume and 42% in value, on a comparable basis to the same month of 2022. Asia already accounts for 85% of the total, says Abicalçados
Zara expands its pre-owned platform to France
After a successful rollout in the UK in October 2022, the fashion chain owned by the Spanish-based Inditex group has expanded its second-hand platform in France
JD Sports on track to meet full year profit outlook
The UK-based retailer reported in its interim results a strong first half performance, with a 12% year-over-over growth in organic sales, saying it's on track to achieve its full year profit outlook
Birkenstock's new shoe factory starts up
The German footwear company announced that its new facility located near Pasewalk, in Northeast Germany, has started operating according to schedule, just 17 months into the construction period
Nordstrom announces leadership appointments
The Seattle-based department store chain has announced some executive changes in the company's merchandising and store divisions
Pakistan: footwear exports decline in value at the start of the year
According to the Pakistan Bureau of Statistics (PBS), footwear exports from July and August decreased by 12.75% year-on-year, mainly due to the drop recorded in the leather footwear segment
Visitors to Milan's trade fairs rose by 21%
Between the 17th to the 20th, MICAM and its sisters' fairs were visited by 42 273 people, up by 21% on the September 2022 edition. The organisation highlights the increase in foreign buyers
Colombian footwear industry slows down in 2023
After growing substantially in 2022, the Colombian footwear industry slowed down in 2023 due to the impact of high inflation, rising costs and low consumption, says ACICAM’s Vice President
Rocky Brands' CFO steps down
The Ohio-based footwear company announced that Sarah O’Connor has resigned from her role as Chief Financial Officer and Treasurer. She had taken up the position just six months ago
US: footwear prices fall while overall inflation rises
Data from the Footwear Distributors and Retailers of America (FDRA) for the month of August shows that footwear prices continue to drop despite accelerating inflation
Zalando: co-CEOs remain at the helm and sustainability and D&I come under the same umbrella
The e-commerce platform announced that the contracts of Robert Gentz and David Schneider as co-CEOs have been extended and that Pascal Brun has been appointed Vice President of Sustainability and Diversity & Inclusion
H&M anticipates 'flattish' sales
The Sweden-based fashion group has released a sales development update for the third quarter of fiscal 2023, ahead of the publication of the nine-month report scheduled for the end of September
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