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Alpargatas posts 33% jump in Q1 sales
Grendene posts strong Q1 but warns about Covid, raw material shortage
Skechers is boosted by international wholesale and digital
LVMH hikes stake in Tod’s to 10% and triggers takeover speculation
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
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Timberland launches first products made from Haitian community cotton
Following a joint effort between Timberland and the local Smallholder Farmers Alliance (SFA), the reintroduction of cotton farming in Haiti has created a new cotton supply chain designed to bring social and environmental benefits to Haitian farming communities. Timberland first partnered with the SFA in 2010 to plant five million ...
Zalando lifts FY guidance after sales jump by 47%
Zalando once again hiked its sales and profit forecasts for 2021 after its revenues jumped in the first quarter by 46.8 percent to €2,238 million, marking the company’s strongest growth since it went public in 2014.
Stuart Weitzman significantly reduces its losses
In the fiscal third quarter ended on March 27, Stuart Weitzman managed to significantly cut its operating losses thanks to higher revenues and a reduction in expenses.
Rocky Brands reports higher Q1 revenues, net income
U.S.-based footwear and apparel maker Rocky Brands reported soaring first-quarter revenues and net income on the back of strong demand from its wholesale and direct-to-consumer channels. The company said revenues for the three months to March 31 rose by 57.3 percent to $87.7 million. Wholesale segment sales increased by 69.1 ...
Alpargatas posts 33% jump in Q1 sales
Alpargatas, the parent company of Havaianas and Osklen, saw first quarter sales rise by 32.7 percent to 901.3 million Brazilian reais (€137.9m-$165.5m), posting its best first quarter in a decade as growth accelerated both domestically and abroad following the continued easing of Covid-19 lockdown measures.
Boohoo cautious on post-pandemic trade after profit surge
The British fast-fashion e-tailer Boohoo reported annual profits up by more than a third but warned that revenue growth will be weaker and returns will increase in the current fiscal year as the economy returns to normal after the disruption caused by the Covid-19 pandemic.
L Catterton completes the takeover of Birkenstock
On Running is again reported to be eyeing an IPO
Havaianas in partnership with Fortnite
Amazon to open 8th logistics hub in France
Teva collaborates with Polaroid
Chaco releases "Classic" flip-flops for summer
U.K. plans to start trade talks with India in the autumn
Russia postpones to June 15 deadline to sell unlabeled shoes
Wildberries launches sales in the U.S.
Caleres presents maiden ESG report
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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.
