News
Puma appoints new Chief Financial Officer
The German-based sportswear company has appointed Markus Neubrand as its Chief Financial Officer (CFO) and a member of the Management Board. Most recently, he was CFO at Guess
Geox shuts down its New York office as part of a strategic review
The Italian-based footwear brand has confirmed the closure of its NYC office, signalling a shift in its US business strategy after a 13.7% fall in North American revenue in the first half of 2024
Portuguese footwear heads to Poland as industry looks to diversify markets
Krakow is the next stop in the international promotion of Portuguese footwear. A showcase of Portuguese brands will take place from the 9th to the 10th of October at Expo Krakow, at the same time as Polshoes
New Generation: meet Daniela Fernandes
With an academic background in accounting, Daniela Fernandes has been working for 15 years at the family-owned Daniela Shoes, a practical women’s footwear brand. Let's find out more
MOVV debuts with simplistic running shoes focusing on injury prevention
The newly launched Scandinavian brand MOVV leverages user-based data and partnerships with experts to address running injuries, offering a minimalist, functional approach to running footwear
Tod’s Group appoints John Galantic as its new Chief Executive Officer
The Italian-based luxury group has appointed John Galantic, former Chanel's senior executive, as its new Chief Executive Officer. This decision follows the privatisation agreement in June
H&M reports weak third quarter
The Sweden-based fashion group has reported a “slow” third quarter, as sales remained flat and costs hit profits, resulting in a drop in its full year operating profit margin outlook
AAFA urges US President Biden to prevent potential strikes at the East and Gulf Coast ports
The AAFA is urging the US administration to intervene and prevent strikes at East and Gulf Coast ports. These ports accounted for 53% of all US apparel, footwear and accessories imports in 2023
US retail sales continue to increase despite slower employment growth
According to the CNBC/NRF Retail Monitor, August retail data showed steady growth, with total sales up by 2.11% year-on-year, led by solid performances in the online, clothing, and health sectors, even as job growth slowed
Cambodian garments, footwear and travel goods exports on the rise
In the first eight months of 2024, Cambodian’s exports of garments, footwear and travel goods increased by 22.8% as compared to the same period of last year
Leather Naturally announces board changes
The not-for-profit membership association for the leather industry has confirmed Carl Flach for a second term and Mark Roughley for a first term as members of its board of directors
Crocs launches clog made with 25% recycled content from old shoes
Crocs continues to invest in circularity. Most recently, the company launched its Keep It Going Classic clog, which is made from 25% recycled material from old shoes collected through its take-back programme
Attendance at Lineapelle falls amid macroeconomic uncertainty
In a context continuing macroeconomic headwinds, the last edition of Lineapelle focused on innovation and attracted 23,800 industry professionals, slightly less than in February
Burberry struggles amid downgrade from FTSE 100
The UK-based luxury group lost its spot in the FTSE 100, leading to its lowest market value in 15 years. Analysts express concerns over the brand's status amid declining sales and leadership changes
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