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NEED TO KNOW
Expo Riva Schuh rescheduled to July 18-20
LVMH, Prada and Cartier launch a blockchain for luxury goods
Activist shareholder seeks to take control of Genesco’s board
Stocks of U.S. footwear companies rebound sharply in Q1
Vietnam sees 2021 leather and footwear exports reaching $20 billion
Italian tanners warn about the rising cost of raw materials
StockX's value surges to $3.8 billion
Global footwear consumption seen up 2.8% in 2021
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Tencel launches e-commerce platform
The Lenzing group’s Tencel textile brand has launched the Tencel eShop. This first e-commerce site from a sustainable fiber manufacturer “bridges the divide between manufacturers and the end-consumer by curating a diverse mix of apparel and home goods made of Tencel branded fibers,“ the company said.
Expo Riva Schuh rescheduled to July 18-20
The 95th edition of Expo Riva Schuh and the 6th edition of Gardabags have been pushed back to July 18-20 “to enable the workers in this sector to get back together in person and in total safety.” The summer editions of the joint footwear and handbag trade shows, which are ...
LVMH, Prada and Cartier launch a blockchain for luxury goods
LVMH, Prada and Cartier, a unit of the Swiss luxury goods group Richemont, have joined forces to develop the Aura Blockchain Consortium, a global luxury blockchain.
Birkenstock assigned a ‘B’ rating by S&P
The rating agency S&P Global assigned a ‘B’ rating with a stable outlook to BK LC Lux Finco 1 Sàrl, the parent company of Birkenstock. The rating comes after the private equity firm L Catterton and its affiliates, including Financière Agache, the investment company of the Arnault family, agreed to ...
Sequential Brands cannot comply with its covenants
Sequential Brands, a U.S. group that has a portfolio of consumer brands including Heelys, Avia and DVS, said that it is not expected to be able to comply over the next twelve months with certain of its financial covenants.
Texon presents “ground-breaking” ProWeave technology
Texon presented ProWeave, a “ground-breaking” jacquard weaving technology which it claims makes it possible to seamlessly integrate functional and design weaving into a single sheet of material.
Eobuwie.pl opens a new distribution center in Bucharest
Kering Q1 comparable sales up 25.8%
Russia appeals less to foreign brands
Birkenstock opens 3rd U.S. store
Bleyer files for insolvency
Lloyd Shoes opens a concept store in Vienna
Camper revives a shoe model
Italy expects to restart trade fairs from July
Adidas uses mushroom fibers in a Stan Smith model
Steve Madden takes full control of its European unit
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Latest data & analysis
Footwear companies take sustainability in their stride
Hardly a day goes by without a footwear company or a component supplier announcing a more sustainable product, a recycling program or an environmentally-friendly scheme. Such a flurry of initiatives is motivated by growing consumer and regulatory pressure as well as greater corporate consciousness. Nevertheless, the shift to more sustainable ...
Stocks of footwear companies fell by 16.3% in 2020
Well functioning financial markets are providers of information and signals. We are analyzing last year’s performance of footwear companies, but also of luxury goods and e-commerce companies with a strong footwear component, to see how markets perceived some of the key players of our industry.
How Covid-19 has impacted companies’ trade show budgets
It has become commonplace to say that the Covid-19 pandemic has dramatically accelerated trends that were already underway with the digitalization of the economy and society in general.
Industry Insights: How to find new B2B business in a digitalized market
The past spring created for most of us a feeling of pandemic panic and business paralysis. Offices were shut down and most employees were asked to work from home. From a pure productivity perspective, it gave a temporary feeling of winning back control of time. Time freed up from commuting ...
Diversity and inclusion are a growing corporate issue
In 2020, the year of the Black Lives Matter (BLM) protests, diversity and inclusion burst onto the public agenda. The theme has emerged on companies’ radars, too. Diversity and inclusion are increasingly criteria by which companies are evaluated. And, while some footwear and sportswear brands have come under fire for ...
WGSN sees three major consumer groups emerging from the crisis
The coronavirus pandemic has accelerated societal changes and is forcing industries worldwide to adapt to the resulting changes in consumption. Thus, WGSN has set out to predict what consumers will be looking for in the next couple of years.
