News
Asia recorded the highest increase in footwear imports in 2022
Footwear imports by the Asian continent increased by 23.9% last year, raising its share of the global total to 26.7%. Asia is now the second most import destination for footwear
Changes at Uniqlo's leadership team
Fast Retailing has announced the appointment of its Founder Tadashi Yanai as CEO of Uniqlo. Meanwhile, Board Director Daisuke Tsukagoshi will serve as the retailer's COO
Another round of lay-offs at Pou Chen in Vietnam
The Baoyuan Vietnam shoe factory, which is run by Yue Yuen, a subsidiary of Pou Chen Corp, has laid off 1 221 people at the end of August. Since the beginning of 2023, around 10 000 jobs have been cut
Alessio Vannetti is the new Chief Brand Officer of Gucci
The changes continue at Gucci. The Italian luxury brand has announced the return of Alessio Vannetti as Executive Vice President and Chief Brand Officer as of today
Caleres reiterates its guidance for fiscal 2023 despite falling sales and profits
The US-based company reiterated its full year outlook, after posting a “strong” consolidated operating margin and better-than-expected adjusted earnings per share in the second quarter
Lana Del Rey indulges in Portuguese footwear
The international artist was seen wearing a pair of Lemon Jelly shoes at the wedding of actress Margaret Qualley and singer and producer Jack Antonoff
Puma names Javier Ortega General Manager for Europe
The German-based sportswear company has announced that Javier Ortega, who has been with Puma since 2009, will be its General Manager for Europe as of today
Grendene's sales decline in the second quarter
Despite posting a weak second quarter performance in 2023, the Brazilian owner of the Melissa and Ipanema brands is pleased with its first half and confident for the remaining year
ANWR and Sabu team up to strengthen German footwear retail
Footwear buying group ANWR and shoe retail cooperative Sabu have joined forces to ensure the future viability of its members. Emphasis will be placed on revitalising the retail landscape and developing the workforce
Shoe Carnival lowers full year guidance
Despite seeing an improvement over the first quarter of 2023, the US-based retailer still posted a year-on-year decline in net sales and profits in the second quarter, thus reducing its full year outlook
AAFA supports California bill on greenhouse gas emissions
The bill proposes that companies with more than 1 billion US dollars in gross revenue doing business in the state of California must annually and publicly disclose their greenhouse gas emissions
Foot Locker further reduces its full year outlook
As its total sales fell for the second consecutive quarter in the three months to the end of June due to continued weak demand, the US-based retailer lowered again its full year outlook
ABG announces partnership to grow Hunter Boots in China and Southeast Asia
Authentic Brands Group has entered a joint venture with the Shanghai-based provider of brand management solutions Baozun to grow the Hunter brand in China and Southeast Asia
Stella Holdings' profitability improved in the first semester
The Hong Kong-based manufacturer reported that has seen an improvement in profitability during the first half of 2023 driven by strong customer demand for luxury, fashion and sports products
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