Shoes
Brazilian footwear exports on the rise
Data released by Abicalçados, the Brazilian Footwear Industries Association, show that footwear exports in the country in April totaled 8.5 million pairs. This represents a 76% increase compared to April 2020
Stuart Weitzman reduces losses substantially
In the fiscal third quarter ended on the 27th of March 2021, Stuart Weitzman managed to significantly cut its operating losses thanks to higher revenue and a reduction in expenses
Puma: double-digit growth registered across all regions
Sports giant Puma has reported revenue of more than 1.5 billion euros for the first quarter of 2021, an increase of 25.8% compared to the same quarter last year. Double-digit growth registered across all regions
Shoe Carnival with sales jump
The Indiana-based company reported a 122.7% increase in net sales in the first quarter of 2021. Net income for the period reached 43.2 million US dollars, or 3.02 US dollars per diluted share. Shoe Carnival talks about record-breaking quarter
Asics EMEA reports 35% sales growth
The group reported a consolidated net revenue increase of 35% year to date and operating income increase to 42.7 million euros for the first quarter of 2021 in the region of Europe, Middle East and Africa
Will Authentic Brands buy Reebok for 1 billion US dollars?
According to what is being reported by the New York Post, the group owning labels such as Nine West and Barney’s has made a proposal of 1 billion US dollars to acquire the sports brand from the adidas portfolio
Geox: sales still impacted by stores closure
During the first three months of the year, over one third of the network stores by Geox, were temporarily closed due to lockdowns, with a particularly significant suspension of activities in the main markets (Italy, France, Germany and the UK)
Japan Retail: too early to be excited about retail
After a year of underperforming, the Retail Index for Apparel & Accessories managed to overcome the figures of the previous year in March 2021. Notwithstanding, importers do not seem yet convinced that this is a sustained recovery. The good news, as in other countries, comes from confidence indicators, with consumers seem to drive away from pessimism. However, all seems too fragile yet and it might mean that it is too early to get excited with retail in Japan
New Generation: meet Rui and Filipe Silva from Treec
Two brothers from S. João da Madeira and one tradition in the footwear industry. Together they have launched a footwear brand very focused on the environmental concerns. Meet Rui and Filipe Silva, founders of Treec
UK: online retail sales grow despite high street reopening
Online retail sales have continued to grow in April, rising 10.2% year-on-year, despite the reopening of the high street and against strong figures for April 2020. The latest IMRG Capgemini Online Retail Index reports
Micam to return to physical format in September
After the Government has announced the easing of the restrictions in place and as physical trade fair events are again allowed in Italy, Micam has announced the dates for its next edition. The footwear industry will gather in Milan from the 19th to the 21st of September 2021
Genesco closes the fiscal year with a drop of 19% in net sales
The Nashville-based footwear group has announced year end results. Genesco registered a 19% decline in net sales for the fiscal year ended on the 30th of January 2021
Crocs is giving away 10.000 pairs of shoes a day to health care workers
Between the 10th and the 14th of May, the brand will give away 10.000 pairs of Crocs at Workshoes per day to frontline healthcare workers who continue to provide comfort in the communities
Sales down by 26.3% at Weyco
The Wisconsin-based footwear company has announced first quarter results. Weyco continues to register declining sales, especially on the wholesale segment. Sales were down by 26.3% in the first quarter-
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