World Footwear

Shoes

Arezzo reports strong year 2023

Mar 21, 2024 / Brazil
The Brazilian footwear and accessories group has reported “record” gross revenues in 2023. This leaves it in a strong position ahead of its merger with fashion group Soma

Yue Yuen reports a decline in full year revenue and profit

Mar 20, 2024 / Hong Kong
In line with its previous quarterly results, the Hong Kong-based footwear manufacturer reported a 12% year-over-year decline in revenue and a 7.3% year-over-year drop in profits in 2023

Brazilian footwear exports off to a bad start

Mar 18, 2024 / Brazil
In the first two months of 2024, Brazil's footwear exports fell by 31.3% in volume and by 22.8% in value, as compared to the same period last year. More aggressive competition from China worries the industry

Allbirds appoints new CEO amid sales decline

Mar 14, 2024 / United States
The California-based sustainable footwear brand has appointed its current COO, Joe Vernachio, to replace Joey Zwillinger as CEO, amid a slump in sales

Allbirds completes two international distributor deals

Mar 12, 2024 / United States
The sustainable footwear brand has signed two distribution agreements covering Australasia and Japan. Moving from direct sales to a distributor model is part of its strategic transformation plan

Assocalzaturifici confirms Giovanna Ceolini as President

Mar 11, 2024 / Italy
Giovanna Ceolini has been confirmed as President of the Italian Footwear Manufacturers’ Association until 2027, after taking up the role on an interim basis in August 2022

Tough times ahead for German shoemakers

Mar 8, 2024 / Germany
German footwear manufacturers are facing a challenging 2024, says HDS/L, highlighting only nominally higher 2023 sales and losses on imports, especially in the second half of the year

Geox appoints new CEO amid slowing sales

Mar 7, 2024 / Italy
The Italy-based footwear group has confirmed a slowdown in sales in 2023, a year marked by “strong uncertainty”, and has announced the appointment of Enrico Mistron as its new CEO

Spanish footwear exports slowed down in the second half of 2023

Mar 6, 2024 / Spain
After a solid start to 2023, Spanish footwear exports slowed in the second half of the year due to deteriorating consumption patterns and adverse macroeconomic and weather conditions

Impact of COVID-19 in the supply chain

Premium ContentMar 5, 2024 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, we asked our experts about their opinion on the impact that the COVID-19 pandemic had on the location of footwear production for major international brands

Dikamar plants trees in the Mata Nacional do Urso

Mar 5, 2024 / Portugal
The Portuguese safety boot manufacturer carried out a reforestation project in the Mata Nacional do Urso, a part of the Leiria forest which was severely affected by the 2017 fires

Challenging external market weighs on Grendene’s full year results

Mar 4, 2024 / Brazil
The owner of Melissa and Ipanema brands ended 2023 in the red, with the macroeconomic environment remaining unfavourable to consumption in the fourth quarter of last year

Solid fourth quarter for Steve Madden

Mar 1, 2024 / United States
The New York-based designer and marketer of footwear, accessories and apparel ended its fiscal 2023 with a solid performance, despite a decline in full year revenue and profits

US Retail: it’s all about the prices

Premium ContentFeb 28, 2024 / United States
There are signs that footwear retail sales could rise moderately in the near term, but this will all depend on future price behaviour. On the one hand, the CPI suggests that the risk of renewed price rises is well contained, but on the other hand, retailers continue to manage excess inventories, so their pricing power may not be more evident until 2024. Perhaps better news comes from consumers’ inflation expectations for the next 12 months, as they seem to believe that they will get a break from inflation, which usually leads to more discretionary demand

CCC announces record quarterly sales

Feb 26, 2024 / Poland
Against a challenging backdrop, the Polish-based footwear group achieved a record fourth quarter revenue of 2.5 billion Polish zloty (579 million euros) and its EBITDA almost tripled year-over-year
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