Shoes
Fashion group OTB acquires Italian shoe supplier Calzaturificio Stephen
The Italy-based group, owner of fashion brands such as Margiela, Jil Sander, Marni, Viktor&Rolf and Diesel, has acquired a majority stake in luxury footwear manufacturer Calzaturificio Stephen
Strong 2023 for Vulcabras
The Brazilian sports footwear company reported record gross sales of 3.27 billion Brazilian reais (605.3 million euros), calling 2023 “the best year in its history”
361 Degrees reports double-digit growth
The Chinese-based activewear company ended the fiscal year 2023 with a double-digit revenue growth of 21%, as compared to 2022. The Kids business was the fastest growing over the period
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Germany: footwear sales rose in 2023 but not yet to pre-pandemic levels
Despite a series of bankruptcies, footwear retail sales in Germany increased in 2023 by around 4% to 11.6 billion euros. However, they still remain below pre-pandemic levels
Arezzo reports strong year 2023
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
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
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
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
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
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
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
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
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
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-
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