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Spartoo’s sales drop but its cash flow improves
Peru and Guatemala shoemakers target new markets
Caleres sees sales continuing to fall in Q1 amid consumer headwinds, retailer caution
How Gardabags aims to become the largest trade fair for mass-market bags
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C-Suite interview: Piccadilly celebrates 70 years with good growth prospects
Piccadilly is one of the oldest shoe companies in Brazil. Founded in 1955 by Almiro Grings, it started with an initial production of 12 pairs of shoes a day. Today it exports to 100 countries around the world and has a turnover of approximately 600 million Brazilian reais ($120 million).
C-Suite interview: Zhejiang Huanqiu seeks European distributors and an outdoor brand
Zhejiang Huanqiu Shoes Co. Ltd, a Chinese footwear group that owns the Huanqiu and Babaya brands, is seeking distributors in Western Europe, with a focus on France, Italy and Germany as well as an interest in Spain and the UK.
C-Suite interview: BFShow to grow with the Brazilian footwear industry
Haroldo Ferreira, the president of Brazilian footwear association Abicalçados, expects BFShow to grow in lockstep with the Brazilian footwear industry and believes that a free trade agreement between the European Union and Mercosur will also be beneficial to European shoemakers.
Latest Case Studies
How a dropshipper enables foreign footwear companies to enter the US market
“The US is a big retail machine that will continue expanding thanks to population growth. It’s possible for a fresh brand from Europe to enter the US,” explains Joseph (Joe) Trybulec, the owner of Trybulec Enterprises, which enables brands to work with leading e-commerce platforms in the US.
A way out of the trade dispute: Is Cambodia the new Vietnam of the footwear industry?
With the current trade dispute between China and the US, the disturbance shows no signs of abating any time soon.
Brazilian shoemakers hope Trump will help boost their sales to the US
As Donald Trump is sworn in as the 47th President of the US on Jan. 20, Brazilian shoemakers hope to benefit from a possible reduction in shipments of Chinese footwear to the world’s largest market in value in the wake of higher import duties.
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
China footwear exports drop in volume and value in 2024
China exported 9.2 billion pairs of shoes in 2024, up by 3.3 percent year-over-year. But in value, exports were down by 4.9 percent to $46.9 billion, according to data released by the China Leather Industry Association (CLIA).
German consumer confidence declines
In March, the German consumer climate is expected to fall by 2.1 points to -24.7 points compared to the previous month, according to a preliminary estimate by the GfK Consumer Climate powered by NIM, which is published jointly by GfK and the Nuremberg Institute for Market Decisions (NIM).
French footwear sales up by 0.6% in January
In January, French footwear retail sales rose by a seasonally and working-day adjusted 0.6 percent month-on-month, according to the Bank of France.
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.
Ecco had to shore up its balance sheet in 2024 due to unsatisfactory results
Europeans buying and discarding clothing and shoes at record levels
Next hikes its sales and earnings guidance
H&M’s sales rise slightly in Q1
C-Suite interview: Valleverde expects stable revenues in 2025 and calls for European import duties
Spartoo’s sales drop but its cash flow improves
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Primark’s CEO steps down on alleged misconduct
Maximilian Krien leaves ANWR Schuh after 12 years
Sports Gear opens a factory in Portugal
China footwear exports drop in volume and value in 2024
ILM announces dates for 2026
Altofare reportedly to renegotiate its debt
Zegna’s full-year net profit slips on higher tax rate
Foot Locker has a new President
Decathlon has a new CEO
German consumer confidence improves slightly after the general election
Ecco had to shore up its balance sheet in 2024 due to unsatisfactory results
Last year, shareholders had to inject €48 million to reinforce the balance sheet of Ecco Sko A/S, the parent company of the Danish footwear, accessories and leather giant, in the wake of unsatisfactory results. The cash call “supported the solidity ratio” of the parent company “despite the unsatisfactory results of ...
Europeans buying and discarding clothing and shoes at record levels
Europeans are buying and discarding more clothing, footwear and other textiles than ever before, which, as a result, is putting more pressure on the climate and environment, according to a European Environment Agency (EEA) briefing.
Next hikes its sales and earnings guidance
Annual pre-tax profits at Next passed £1 billion (€1.2bn) for the first time as the UK fashion retailer boosted its sales and earnings outlook after a strong start to the current fiscal year, but warned of deteriorating consumer confidence amid higher living costs.
H&M’s sales rise slightly in Q1
H&M Hennes & Mauritz said that in the first quarter ended Feb. 28 net sales rose a reported 3 percent to SEK 55.333 billion (€5.10bn). The top line inceased by 2 perent in local currencies with 3 percent fewer stores compared with the same period last year.
C-Suite interview: Valleverde expects stable revenues in 2025 and calls for European import duties
Valleverde is one of Italy’s most famous footwear brands with a presence of more than 40 years in its home market. Known for its comfort shoes and television commercials with the American actor Kevin Costner, Valleverde nevertheless filed for bankruptcy protection at the end of 2013. After six bankruptcy auctions ...
Spartoo’s sales drop but its cash flow improves
In 2024, Spartoo suffered a 7.7 percent decline in gross merchandise value (GMV) to €184.7 million, resulting in an 8.7 percent drop in revenues to €130.5 million.