NEED TO KNOW
Tempe’s FY sales rise nearly 8%
Spartoo’s GMV drops slightly in 2022
Shoe Carnival sees sales steadying after 7% decline in Q4
- Previous
- Next
C-Suite interview: NeroGiardini aims to double in three years its sales from the Covid-19 trough
After three difficult years, that led to a significant reduction in sales, NeroGiardini is focusing on new markets to sell its wholly Italian made footwear. This year the Italian company will be entering the South Korean market.
C-Suite interview: Producers and retailers have to work together to prosper
In a wide-ranging interview, Bart van Helvoirt, the co-founder and CEO of Unlimited Footwear Group (UFG), outlines his views on the overall economic situation, the evolution of the supply chain and the shifting relationship between shoe makers, resellers and end users.
C-Suite interview: Covid has highlighted the importance of trade fairs
The Covid-19 outbreak demonstrated that digital solutions “on their own” could not replace trade shows canceled due to the pandemic, noted Luca Palermo, the chief executive of Fiera Milano, which manages the Rho exhibition hall as well as exhibition pavilions in Milan and the Allianz MiCo convention center. The Italian ...
Free Webinar
Free Webinar: How to get your supply chain data compliance-ready
We invite you to join the next edition of our EDM Expert Talks sponsored by TrustTrace on Jan. 24, 2023, at 11:00 am (CET). We provide you with a practical roadmap to getting your data ready for compliance.
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 a group of Polish shoemakers is seeking to relaunch their industry
Created in 2019, Polska Grupa Producentów Obuwia (PGPO) is a proactive grouping of more than 50 Polish shoemakers largely based in the southern province of Malopolskie, the country’s main footwear cluster, aiming to promote their industry which has been badly hit by Russia’s invasion of Ukraine on Feb. 24, 2022.
How a new collection has prompted Safety Jogger to review its supply chain
Safety Jogger, the leading brand of the Belgian footwear and apparel company Cortina, launched in November 2022 a workwear collection as part of its brand extension policy and the initiative has led the company to reconsider its sourcing policy and reduce its reliance on China.
How a fast-growing footwear brand is further boosting growth with apparel
Velasca, a fast-growing Milan-based footwear company, has launched an apparel collection in an effort to diversify its business. In the near future, the company aims to have its own factory for the production of shoe uppers.
U.K. online footwear sales rise 4.7%
Footwear posted a 4.7 percent year-on-year rise in online sales in the U.K. in January, the only subcategory in clothing to enjoy an annual increase during the month, according to the IMRG Online Retail Index.
German businesses enter holiday season with a ‘sense of hope’
The business climate index in Germany rose to 88.6 in December from 86.4 the previous month, according to data released by the think tank Ifo. The data was better than economists’ expectations for a reading of 87.4.
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.
Free Newsletter Signup
Enter your email for quick registration
Rexor sales swing back to near pre-pandemic levels
Allbirds to launch net zero carbon shoe
Xtep sales rise to record high
SMCP names a new CEO for Maje
Amazon cuts an extra 9,000 jobs
French footwear sales continue to be weak in February
ANWR Group strengthens liquidity of affiliated retailers
Aeffe swings to a full-year loss
Alvin Sukali to leave Myanmar for Cambodia
Shoe Carnival names a new CFO
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 ...
Shoepassion files for bankruptcy after pandemic hit
Berlin-based footwear company Shoepassion filed for bankruptcy as sales lagged and liabilities arising from the pandemic took their toll.
Tempe’s FY sales rise nearly 8%
In fiscal 2022, Tempe increased its revenues by 7.9 percent to €1,408 million from €1,305 million a year and returned to pre-pandemic levels. In fiscal 2019, the last year before the onset of the Covid-19 pandemic in Spain, the company’s top line reached €1,399 million. Tempe is part of the ...
Shoe Carnival sees sales steadying after 7% decline in Q4
Shoe Carnival anticipates sales will be flat to up by 4.5 percent in its 2023 financial year after declining in the fourth quarter of fiscal 2022 and getting off to a “slow start” in the first quarter set to end in April amid economic uncertainty and cooler weather.
Spartoo’s GMV drops slightly in 2022
In 2022, Spartoo saw its gross merchandise value (GMV) decrease by 1.9 percent compared to the year earlier to €209.6 million due to high inflation and a “slowdown in demand affecting all e-commerce players,” according to the French online retailer.
JEMS by Pensole shoe factory inaugurated
On March 20, Designer Brands, the parent of the shoe retailer DSW Designer Shoe Warehouse, inaugurated, along with Pensole Lewis College of Business & Design (PLC), JEMS by Pensole, one of the first Black-owned footwear factories in the United States. The facility is located in Somersworth, New Hampshire.
Designer Brands anticipates sales, earnings decline amid economic uncertainty
Designer Brands expects sales in the financial year ending January 2024 to decline by a mid-single digit percentage, while earnings are also expected to fall as consumers remain cautious on purchases amid fears of a recession.
