News
Expo Riva Schuh & Gardabags closes with a 9 000 attendance
The last edition of the Italian trade fair attracted 9 000 visitors, up by 12.% from June's 2022 edition. As anticipated, the exhibition saw the return of a large number of Chinese exhibitors
Asos returns to profitability
Despite a third quarter revenue decline, the UK-based online retailer returned to profitability, saying that its turnaround strategy is starting to work. This led Frasers to increase its stake in the company
Willian A. Parrado (ACICAM): it is important to discuss the integration of processes in Latin America
On the occasion of the Latin American Footwear Forum, taking place in Colombia, we spoke with Willian A. Parrado, Executive Vice President of ACICAM, about the challenges and opportunities of the footwear trade in Latin America today
Brazilian footwear exports fall
In May, Brazilian footwear exports fell by 18.7% in volume and 5.6% in value, year-over-year, due to the devaluation of the dollar, the slowdown of the economy and the rise in Chinese exports
Nike launches Well Collective
The US-based sportswear giant launched the Well Collective commitment to “support wellness journeys for everyone”. This initiative is built on the brand's five pillars of holistic fitness
Kurt Geiger secures funding to boost international growth
The London-based retailer announced that it has secured a new funding deal to refinance its debt and fuel its international growth plans
VF Corp appoints Bracken Darrel as President and CEO
The US-based footwear group has appointed Bracken Darrel to the role of President and CEO, effective on the 17th of July. He joins VF from Logitech International, where he held the same position since 2013
Aldo teams up with Brook Brothers
Authentic Brands Group (ABG) and the Canadian-based Aldo Group have entered a partnership to expand Brooks Brothers' assortment of men's footwear and small leather goods
John Lewis to source all leather from high-welfare farms in the UK
The British retailer has announced that 100% of the leather used in its label sofas and chairs will be sourced from the higher welfare farms in the UK that supply Waitrose beef
Positive perspetives for footwear businesses
In this edition of the Business Conditions survey, we asked our panel of experts to share their expectations about the health of the future business in the next semester. Read about the conclusions below
Rockport files for Chapter 11 bankruptcy proceedings
The Massachusetts-based footwear company filed for Chapter 11 bankruptcy in a District Court in Delaware. Meanwhile, its CEO, Gregg Ribatt, has resigned
Puma reorganizes its global marketing organization
This major reorganization of Puma’s global marketing organization includes the relocation of the Brand Management and Marketing Operations from Boston to the Germany's headquarters
Stitch Fix announces new CEO
The US-based personal styling company appointed Matt Baer, former Chief Customer & Digital Officer at Macy's, as its new Chief Executive Officer and member of the Board of Directors
Portugal: students engage in Shoes Your Life activities using Virtual Reality
Twenty students participated in the Shoes Your Life learning and training activities in São João da Madeira, Portugal, where it was showcased the project's Virtual Reality App, designed to attract young people to STEAM Education
H&M releases second quarter sales development
The Sweden-based fast fashion company has reported that net sales in local currencies in the second quarter of fiscal 2023 were “flattish”, as compared to the same quarter of last year
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