Shoes
US: stimulus checks fuel spending in athletic footwear and apparel
Data from the Bank of America Global Research reveals that Americans are buying more sneakers and apparel, as the stimulus checks reach the bank accounts of many Americans
Virus-proof soles
A group of Portuguese researchers are working on a project involving the Universities of Aveiro, Porto and Minho. The goal is to create a virus-proof shoe sole, which helps fighting the coronavirus, among others virus
Italy's fashion industry asks authorities for clear decisions
A statement was issued by some of the most important fashion entities of the country. They argue that trade fairs are an essential asset for SME’s and industry in Italy, and starting them up again would be an important trigger for recovery of the national economy
South Africa: impact of COVID-19 on the footwear industry
Jirka Vymetal, the Executive Director of SAFLIA - Southern African Footwear and Leather Industries Association, spoke with local magazine S&V about the state of the footwear industry in the country
Weyco: net sales down by 35.7% in 2020
The Milwaukee-based footwear group has announced financial results for the quarter and year ended on the 31st of December 2020. Net sales were down by 28.7% in the last quarter of the year. Accumulated loss for the year reached 35.7%
Pakistan footwear exports: increase in volume, decline in value
During the first eight months of the current fiscal year, Pakistan exported 11.56 million pairs of footwear, resulting in exports revenue of 88.01 million US dollars. This translates in an increase of 11.67% in volume and a decline of 6.18% in value
Joint campaign launched by Puma and Deichman
Germany-based footwear giant Puma and the retailer Deichmann have launched the #WhateverSuitsYou campaign, featuring the American singer Bebe Rexha
adidas aims to have 9 out of 10 sustainable products by 2025
The Germany-based sports brand has said that its under their new strategy, Own the Game, a target was set to have nine out of 10 products “sustainable” by 2025. This aim goes up from the current six out of 10
Nike announces 2025 targets
Sportswear brand Nike has announced third quarter revenues of 10.4 billion US dollars, up by 3% compared with the previous year. Over the next five years, Nike aims to bring to life 29 targets focused on people, planet and play
Yue Yuen’s sales down by 16% in 2020
During the year under review, the group recorded revenue of 8.44 billion US dollars, representing a decrease of 16.4% compared with the previous year. The fall in revenue was mostly attributed to the impact of the COVID-19 pandemic
Caleres: revenue down by 27.5% in 2020
The US-based footwear group has announced fourth quarter and full year 2020 results. Revenue was down by 18.3% in the last quarter, and by 27.5% for the total of 2020
Shoe Carnival with record quarterly net sales and net income
The Indiana-based retailer of footwear and accessories reported results for the fourth quarter and fiscal year ended on the 30th of January 2021. Shoe Carnival announced record quarterly net sales, net income and diluted net income per share
Zalando aims for 10% of Europe’s fashion market
After what they called a strong financial year, the ecommerce giant significantly upgraded its growth ambitions and now aims to grow Gross Merchandise Volume (GMV) to more than 30 billion euros by 2025. Zalando are aiming for 10% of the European fashion market in the long-term-
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Footwear Consumer 2030
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