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Nice Footwear buys two Italian shoemakers
Rocky Brands sees FY sales falling to low end of guidance
Crocs cautious on FY sales outlook as Heydude recovery drags on, China growth slows
NeroGiardini sets its sights on the Far East
Boot Barn raises FY guidance as the CEO prepares to leave
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C-Suite interview: Xero Shoes looks to US wholesale, Europe for growth
Xero Shoes is looking to bolster its domestic wholesale business and leverage strong growth rates in Europe to underpin a new phase of expansion for the US barefoot footwear specialist founded 15 years ago.
C-Suite interview - Trade shows have to speak the same language as exhibitors
On Sept. 9, 2024, Assocalzaturifici, the Italian association of shoemakers, announced the appointment of Giorgio Possagno as General Manager. The position had been vacant since the departure of Tommaso Cancellara on April 5, 2022.
C-Suite interview: Being listed on the stock market improved our governance - Nice Footwear
The Italian footwear company Nice Footwear was listed on the Milan stock exchange for just over a year from Nov. 18, 2021 to March 3, 2023, when it was delisted following a public tender offer (PTO) launched by the Italian private equity firm Palladio Holding to buy out the minority ...
Innovation 1
How the GORE-TEX brand wants to extend the life of its products
Our interview explores Gore’s commitment to extending product life, consumer education campaigns, and the newly launched GORE-TEX Gear Tour.
Latest Case Studies
How an Italian 3D scanner manufacturer has stormed the footwear industry
The startup Covision Media decided to initially focus on the footwear industry to commercialize its 3D scanner developed in Bressanone, near the northern Italian town of Bolzano.
How a crowd funding platform is helping footwear companies raise money
The Italian footwear companies Fessura, DIS and Steve’s as well as dropout, a retailer of luxury apparel and sneakers, have in common that they are currently, or have been, raising funds through the Italian crowdfunding platform Mamacrowd, which is owned by the asset management company Azimut.
How an Italian online platform aims to give more visibility to local fashion stores
JustinShop is an Italian startup that created an app allowing users to book fashion items, such as a piece of apparel or a pair of shoes, with the option to receive them at home by courier or pick them up at a nearby shop.
Innovation 2
A circular solution for the footwear industry
Discover the world’s first biodegradable and industrially compostable comfort and performance foam technology for footwear
Brazilian footwear exports seen down 6-9% in 2024
In 2024, Brazilian footwear exports are expected to decline by 6 to 9 percent in volume as an improvement in the second half of the year is expected to offset a sharp decline in the first four months of the year, according to the Brazilian footwear industry association, Abicalçados.
US Q1 footwear sales flat year-on-year
In the first quarter of 2024, sales revenue for the US footwear industry remained unchanged year-over-year at $9.1 billion, while volumes rose by 1 percent, according to Circana.
French footwear sales rise further in March
In March, French footwear retail sales rose by a seasonally and working-day adjusted 2.5 percent month-on-month, according to the Bank of France. In February, sales of footwear increased by 1.6 percent. The reading was revised up from a preliminary 0.9 percent.
Sponsored article
A showcase for the best of this Italian champion industry
The leather industry in Italy generates an annual turnover of more than €30 bn. One event in Milan is perfectly placed to showcase this champion.
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Nike has appointed a new Chief Diversity Equity and Inclusion Officer
BasicNet’s 9-month Ebitda dips by 9%
Soex files for bankruptcy
ANWR Group appoints a new head of logistics
Wolverine Worldwide appoints a new head for the Active Group
Prada’s 9-month sales rise 18% in local currencies
Next hikes its profit guidance again
Yue Yuen sees full-year net profit up by 140-145%
German consumer sentiment improves
Permira buys a 40% stake in K-Way
Asos’ loss widens as sales fall by 16% like-for-like
In the full year ended Sept.1, Asos’ adjusted revenues fell by 16 percent like-for-like to €2.896 billion (€3.450bn), in line with the guidance given in September. On a reported basis, the top line was down by 18 percent to £2.906 billion.
Primark sees 2025 sales up by about 5%
Primark is targeting a mid-single-digit sales growth rate in the fiscal year ending in September 2025 as it continues to open stores in growth markets in Europe and the US and to focus on an increase in like-for-like sales in more mature markets.
Zalando swings to a third-quarter profit
Zalando posted a net profit of €44.3 million in the third quarter of 2024 against a net loss of €8.2 million a year earlier, driven by higher revenues and operating profits. The gross merchandise volume (GMV) rose by 7.8 percent to €3.5 billion and revenues increased by 5.0 percent to ...
Mec Europa launches a training academy
Mec Europa Due, an Italian producer of luxury footwear based at Verolanuova, south of the town of Brescia, inaugurated a training academy called l’Accademia delle Arti e dei Mestieri.
Dune London’s parent company posted a full-year loss
Dune Topco, the parent company of the British footwear retailer Dune London, posted a loss in the full year ended Jan. 27, 2024, due to a difficult business environment. In the full year, sales were virtually unchanged, rising to £142.0 million (€169.4m) from £141.5 million the previous year, with like-for-like ...
Boohoo appoints a new CEO snubbing Frasers
On Nov. 1, Boohoo appointed Dan Finley as its Chief Executive Officer with immediate effect. Finley is the CEO of Debenhams, Boohoo’s “fast-growing” digital department store. He will replace John Lyttle, who is stepping down after five years with the British fast fashion online retailer.