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Need to Know
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 ...
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.
Brazilian exports at their highest since 2011
In February 2022, Brazilian footwear exports rose by 36.2 percent in volume to 13.58 million pairs and by 75.5 percent in value to $108 million, according to data released by the Brazilian footwear association, Abicalçados. In the first two months of 2022, exports rose by 40 percent in volume to ...
C-Suite interview: Bulgarian shoemaker VES profits from reshoring to Europe
In a recent article, we spoke to Turkish footwear manufacturers who benefited from the reshoring to Europe and the Mediterranean basin of production previously located in the Far East and other Asian countries. The move is motivated by the proximity of European markets, the need for brands to rapidly respond ...
C-Suite interview: Pittards ‘open for business’ with turnkey footwear manufacturing solution
A leather maker approaching its 200-year milestone, Pittards is now looking to the next century with plans for an expanded role in the production of footwear and other finished projects.
C-Suite interview: Fly Flot sees 2022 sales rising to €28m
When the founders of Fly Flot established the company in 1985, they had a clear idea that their focus would be on foreign markets. That’s why Luigi Migliorati along with his five brothers and two non-family-members, decided to give the new company an international sounding name.
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Everything in One Place: GORE-TEX brand Presents New Online Tool GORE-TEX ONE for Retailers and Brand Partners
With the new GORE-TEX ONE Portal, the GORE-TEX brand is taking collaboration with retailers and brand partners to the next level.
Sponsored article
Last-minute chance: Become an exhibitor at OutDoor by ISPO
The Who’s Who of the outdoor industry will meet from June 12 to 14 in Munich at the MOC. Your company is not there yet? Then use your last-minute chance.
Latest Case Studies
How a Ukrainian footwear expert is helping her country and rebuilding her business
In an exclusive interview with Shoe Intelligence, Krystyna Mandrykina, a Ukrainian-born footwear manager and consultant currently working in Turkey, explains how the Russian invasion of Ukraine has shattered her personal and professional life.
How UFG created a new structure for the Gap brand and to expand its license portfolio
Unlimited Footwear Group (UFG), the Dutch group managing an extensive portfolio of proprietary and licensed brands, has created a new wholly-owned unit to manage the Gap license that it has obtained for the European Union, the U.K., Switzerland and Scandinavia. The first Gap footwear collection produced by UFG for men, ...
How a royal celebrity boosted the sales of Laro’s espadrilles
Laro, the Spanish footwear manufacturer known for the Macarena brand, saw its revenues rise to a record €9 million in 2021 from €7.2 million in 2020 thanks to the success of its espadrilles, known as alpargatas in Spanish. Last year’s top line is also significantly higher than the €7 million ...
Walmart to launch drone deliveries in 6 U.S. states
Global footwear prices are expected to rise significantly due to higher costs
Vans posts no sales growth in Q4
Deckers’ FY revenues top $3 bn for first time, Hoka set to surpass $1 bn
Arezzo & Co posts best Q1 sales ever
Shoe Carnival returns to a normal product sales split
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Pakistan footwear exports up 11.5% in 10 mths
Allbirds opens two stores in the U.S.
Designer Brands hires Doug Howe as head of DSW
Pimkie is up for sale
THG rejects a takeover offer
Richemont’s sale of YNAP is taking time
Wendy Yang steps down from Deckers Brands’ performance lifestyle division
Lowa’s 2021 revenues over €229m
Russell and Bromley to open a store in Dublin
Zegna targets annual revenues above €2 bn
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I’ll take the Performance Fabrics – hold the PFAS
Polartec recently announced the removal of PFAS (per- and polyfluoroalkyl substances) in its DWR (durable water repellent) treatments across its line of performance fabrics. By itself, this may not seem especially surprising, or new, as in recent years the Outdoor Industry has increasingly moved away from PFAS. However, what makes ...
Walmart to launch drone deliveries in 6 U.S. states
Walmart is expanding its drone delivery network to 34 sites by the end the year, providing the potential to reach 4 million U.S. households across six states – Arizona, Arkansas, Florida, Texas, Utah and Virginia. The service is done in partnership with DroneUp and will enable to deliver over 1 ...
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 ...
Vans posts no sales growth in Q4
VF Corp reported a revenue increase of 9 percent to $2.8 billion (€2.65bn) in the fiscal fourth quarter ended April 2, although sales at Vans were flat during the period at $991 million (€938m). Group sales were boosted by a 15 percent increase in the EMEA region and 12 percent ...
Deckers’ FY revenues top $3 bn for first time, Hoka set to surpass $1 bn
Net income rose by 106 percent to $68,819,000 from $33,458,000 for the three months ended March 31 as total revenues grew by 31 percent to $736.0 million from $561.2 million. Operating income rose to 11.0 percent from 10.1 percent. Deckers Brands’ gross margin declined to 48.7 percent from 53.2 percent, ...
Arezzo & Co posts best Q1 sales ever
Arezzo & Co posted record sales for a first quarter, with gross revenues reaching 1,042 billion Brazilian reais (€200.7m), up by 64 percent from the previous year and by 125 percent compared with the first quarter of 2019.
Shoe Carnival returns to a normal product sales split
Shoe Carnival saw a return to retail normality in the fiscal first quarter, as the sales split moved back to the pre-pandemic division of 50 percent athletic and 50 percent non-athletic footwear. As expected, sales and earnings dipped in the three months ended April 30, as the U.S. retail chain’s ...
