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Need to Know
Dr. Martens warns on profits as DTC sales soften
Dr. Martens has issued a warning on full-year profits, citing weakening demand, higher investment in its direct-to-consumer (DTC) push and a stronger U.S. dollar.
C-Suite interview: Bioeco gears up for big push in Europe, prepares to test the U.S. market
Bioeco by Arka 1927, the brand of the Polish company Arka, is looking for agents in Germany, France, Spain and Italy as it readies for a big push in sales. The company will also be present at Magic Las Vegas, scheduled from Aug. 8 to 10, to test the U.S. ...
C-Suite interview: Safety Jogger to launch a workwear collection in November
Safety Jogger, the leading brand of the Belgian footwear and apparel company Cortina, is diversifying into workwear after having entered the outdoor market with the Safety Jogger Adventure footwear collection launched in May.
C-suite interview: Casteller to expand in the U.S., domestically to return to pre-pandemic levels
Casteller, the Spanish brand mainly known for its women’s shoes made with jute soles, aims to expand its presence in the U.S. as well as boost domestic sales to return to pre-pandemic levels. Despite recouping some of the revenues lost in 2020 because of the outbreak of the Covid-19 pandemic, ...
ISPO Munich 2022
“If you’re interested in circular economy in the sports business, you can’t miss ISPO Munich 2022.”
ISPO Munich promises dialogue and exchange in the industry, and thus collaborations and faster progress. Learn the program highlights.
Sponsored article
Danny Cassidy: “Be future-focused”
Compliance and circularity: catalysts for digital innovation. How brands can keep up in a world full of regulatory change.
Latest Case Studies
How Dirty Harry helped a Spanish shoemaker conquer the world from his garage
Like Steve Jobs, Basilio García Pérez-Aradros started his business in a garage. For seven years, every day from early in the morning until late at night, he worked on his dream that started in the late sixties: that of producing quality shoes with traditional craftsmanship to sell them all over ...
How reshoring to Spain is being hampered by labor and capacity shortage
Demand to reshore footwear manufacturing from Asia to Southern Europe, and especially to Spain, is growing, but the Iberian country is lacking the capacity needed to significantly boost production, while exports of Spanish made shoes are back to pre-pandemic levels.
How Italian manufacturers are crossing the Rubicon to preserve their industry
A group of Italian shoemakers and components manufacturers located in San Mauro Pascoli have decided to join forces and create a consortium called Rerum, which starts for Rete Rubicone Moda, to preserve the cluster’s supply chain. Rubicone, or Rubicon in English, is the name of a nearby river famously crossed ...
Mexico footwear industry faces slow recovery
Mexico’s footwear industry may not return to pre-Covid-19 production levels before 2024, according to Ignacio Irurita, vice president of the local trade association Canaical.
Global footwear prices are expected to rise significantly due to higher costs
On average, global shoe prices will increase by 8.4 percent over the next six months, with a maximum rise of 9.8 percent forecast for Europe and a minimum surge of 5.7 percent expected in North America, according to a survey of experts published in the latest Business Condition Survey of ...
Brazilian, Indian footwear stocks outperform in a weak environment
In the first quarter of 2022, the share prices of footwear companies fell sharply, tracking global equity markets lower. But, the Indian and Brazilian companies that we monitor for our stock performance survey outperformed their peers over the period.
CCC targets cost savings, cuts revenue forecast in a difficult market
Dr. Martens warns on profits as DTC sales soften
Consumer sentiment improves in Europe
Boohoo embroiled in another scandal on alleged working conditions
Coats’ apparel and footwear business slows down
Ecco Leather in partnership with Ecovative
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Superdry in talks to refinance its debt
Deckers is the winner of Black Friday in the U.S. according to a broker
Allbirds opens another store in the Boston area
Genesco and Designer Brands appoint new board members
Primark unveils £140m investment to open 4 new stores, create jobs
Havaianas expands its flip flop ReCycle program in Asia
Piquadro narrows its net loss
Gucci’s creative director leaves
French footwear sales fall 8.2% in October
OrthoLite Cirql names sales director in Vietnam
Sponsored article
Sympatex – start making sense
For Sympatex, the willingness of the market to take collective responsibility for the environmental collateral of our industry has been decisive to the company’s development. Today, the company is a system partner, ingredient supplier and advisory body to its customers. Sympatex has learned one lesson in its multiple roles: collaboration ...
CCC targets cost savings, cuts revenue forecast in a difficult market
CCC Group, the Polish footwear and fashion group, cut its full-year outlook for revenues and capital expenditures and announced it would put into place cost savings measures totaling 300 million zloty (€64.0 million) as it continues to navigate through what it described as an “extremely challenging” year for retailers.
Dr. Martens warns on profits as DTC sales soften
Dr. Martens has issued a warning on full-year profits, citing weakening demand, higher investment in its direct-to-consumer (DTC) push and a stronger U.S. dollar.
Consumer sentiment improves in Europe
Consumer sentiment improved slightly in Germany, France and Italy, the three main economies of the European Union, but consumers remain cautious in a difficult economic environment.
Boohoo embroiled in another scandal on alleged working conditions
Boohoo has found itself embroiled in yet another scandal over alleged working practices after an undercover newspaper investigation.
Coats’ apparel and footwear business slows down
The Apparel & Footwear (A&F) division of Coats enjoyed a 14 percent year-over-year increase in organic revenues in the first ten months of 2022 but growth slowed down to 3 percent in the four months July 1 to Oct. 31. Meanwhile, total revenues of the British company, which produces industrial ...
Ecco Leather in partnership with Ecovative
Ecco Leather, which is part of the Danish footwear group Ecco, has joined forces with Ecovative to develop new mycelium materials for the fashion industry and other sectors.
