14 May 2024
  
Highlights
 
World
The rise of the second-hand fashion market
May 14, 2024 / World
The global second-hand fashion market is expected to reach 350 billion USD by 2028, according to ThredUP's latest resale report. Value-conscious consumers, a greater concern for the environment and a desire for uniqueness seem to be driving this “revolution”, with new generations leading the way   
 
World
Portuguese Footwear Technological Centre project shortlisted by the European Commission
May 13, 2024 / Portugal
The LIFE GREENSHOES4ALL project, coordinated by CTCP, has been recognized by the European Commission for its efforts to minimise the environmental impact of footwear production   
 
Companies
Crocs posts strong first quarter
May 8, 2024 / United States
The US-based casual footwear company kicked off the year with a first quarter revenue growth of 6.2% over the same period of last year, driven by the performance of the Crocs brand   
 
Companies
Zalando reports improved financial results
May 10, 2024 / Germany
The German-based online fashion retailer has reported a 1.3% increase year-over-year in gross merchandise volume in the first quarter of the year and a 29.6-million-euro reduction in losses   
 
Companies
Steve Madden on an upward trajectory
May 9, 2024 / United States
Building on a positive fourth quarter in 2023, the New York-based footwear, accessories, and apparel designer reported continued growth in revenue and profits in the first quarter of the year   

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