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Need to Know
C-Suite interview: Perlie targets millions in revenues in a couple of years
Sep Breukers, a lecturer at Maastricht University and a former tax lawyer, started Perlie just before the Covid-19 pandemic with a simple idea: produce men’s shoes with a classic design and sneaker comfort. Now the startup is hoping to generate millions in revenues in a couple of years.
Global orthopedic footwear sales to rise nearly 6% a year
The global orthopedic footwear industry is expected to reach $11,741 million by the end of 2028 compared with $7,513 million in 2020, representing a compounded average growth rate (CAGR) of 5.85 percent over the period, according to Kenneth Research.
Shoe industry marked by IPOs and takeovers in Q4
The footwear industry witnessed further extraordinary finance transactions during the fourth quarter as companies continue to take advantage of the abundant liquidity injected into the financial system by central banks worldwide to shore up the economy after the Covid-19 outbreak last year.
Shopping via social media seen reaching $1.2 trillion in 2025
Shopping through social media platforms is expected to grow three times as fast as traditional e-commerce, according to a report issued by Accenture. Boosted by the Covid pandemic, it should rise from $492 billion a year to $1.2 trillion globally by 2025.
C-Suite interview: Perlie targets millions in revenues in a couple of years
Sep Breukers, a lecturer at Maastricht University and a former tax lawyer, started Perlie just before the Covid-19 pandemic with a simple idea: produce men’s shoes with a classic design and sneaker comfort. Now the startup is hoping to generate millions in revenues in a couple of years.
C-Suite interview: U-Power bides its times for an IPO as it continues to grow
In July 2021, U-Power pulled the plug on an initial public offering (IPO) because the Italian group, which specializes in safety footwear and workwear, was unsatisfied with market evaluations. The company is waiting for better market conditions to go public while it continues to expand in Europe.
C-Suite interview: UFG plans to continue expanding its brand portfolio
The Dutch company Unlimited Footwear Group (UFG) is in talks regarding the possible acquisition of two brands and of a license agreement. Any deal is expected to be struck by the end of the year, Bart van Helvoirt, co-founder and CEO of UFG, explains in an interview with Shoe Intelligence.
Latest Case Studies
Nice Footwear aims to double production at its Favaro unit
Following the initial public offering (IPO) of Nice Footwear, which completed on Nov. 18, 2021, we have carried out an in-depth study of the company’s strategy, focusing on its acquisition of Favaro Manifattura Calzaturiera in June last year and its plans to develop the Italian producer of high-end women’s shoes. ...
How Ralph Lauren transformed into a data-driven organization reviving brand relevance and driving sales
The historic American apparel brand’s sales revenue has been in decline. But by using data to understand customers better, it has carved out a brighter future.
Ssense: How relentless focus on target market lead to strong sales growth
The Canadian online fashion retailer adopted an alternative approach to its competitors, staying true to its traditional consumer base rather than diluting its offering.
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Bally hires a new creative director
Metro Brands Q3 sales up by 59%
Paul Green has a new management team
Church’s has a new CEO
Eastman to invest $1bn in a plastic recycling facility in France
Stella's full-year sales rise to $1.5 bn
Dozens of shoe stores damaged in Kazakh unrest
Sada Dostluk makes a debut on the Russian market
Jupiter halves stake in Boohoo after profit-warning
Online and wholesale revenues up at Oliver Sweeney
American Exchange Group acquires Aerosoles
American Exchange Group (AX Group) has finalized an agreement to acquire the assets of the luxury comfort footwear brand Aerosoles. With the takeover, AX Group will expand Aerosoles’ distribution channels and diversify the brand into new categories with the objective of reaching new audiences. “Our strategy is to have the ...
Footwear loses importance in OR Group’s online sales
Between Jan. 1 and Jan. 10, which corresponds to the Orthodox Christmas holidays, OR Group’s online sales grew by more than 30 percent compared to the same period in 2021. Household goods were the fastest-growing segment, with their share reaching 32 percent of total online sales.
Nice Footwear buys the handbag producer Emmegi
Nice Footwear has bought an 80 percent stake in Emmegi, a producer of premium handbag located near Padua, from Gianni Mortandello and Antonella Venturini for €480,000. The purchase price is based on an enterprise value of €600,000 for the whole of Emmegi.
Expo Riva Schuh attracts 3,500 visitors
Expo Riva Schuh & Gardabags, the Italian footwear and accessories exhibition held in Riva del Garda from Jan. 15 to 18, attracted 3,500 visitors from 86 countries. More than 70 percent of the visitors came from abroad.
Micam postponed to March 13-15
Micam, the footwear trade show which is held at the Fieramilano Rho exhibition center at the outskirts of Milan, has been postponed to March 13-15 from Feb. 20-22 due to the uncertainty and travel restrictions caused by a new surge in Covid-19 cases driven by the Omicron variant.
The Aura blockchain launches a SaaS solution for luxury brands
On Jan. 13, the Aura Blockchain Consortium launched Aura SaaS, a cloud-based software-as-a-service (SaaS) solution for its global blockchain-based platform designed for luxury brands.
