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Birkenstock posts higher revenues and lower profits
Minelli to close down May 30
Steve Madden lifts its sales guidance on Kurt Geiger’s momentum
Zalando maintains its full-year guidance
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C-Suite interview: Micam doubles incoming buyers, bolsters digital offering
Micam Milano has doubled the number of incoming buyers over the last three editions to roughly 200 buyers from over 50 countries, as the trade fair proceeds with plans to increase its international positioning, said Giorgio Possagno, General Manager of the Italian footwear association Assocalzaturifici.
C-Suite interview: How Spanish producers of espadrilles are moving to guarantee their future
Calzia, a consortium comprising over 40 Spanish producers of espadrilles based in Caravaca de la Cruz in eastern Spain, is facing a weaker market after a recent boom in sales.
M&A
Zhejiang Huanqiu Shoes is looking for outdoor footwear companies
Zhejiang Huanqiu Shoes is playing a pivotal role in shaping the evolution of China’s modern footwear industry. Now they are looking for a footwear manufacturer to invest in.
Latest Case Studies
Why a veteran of the footwear industry has decided to launch three new brands
Joseph (Joe) Trybulec, the owner of Trybulec Enterprises and a business partner in Integra Trade Solutions, a US-based logistics company, has decided to launch three new brands covering different market segments.
How a Tuscan startup is helping upcycle leather deadstocks
Zerow is a Tuscan-based marketplace established for the upcycling of fabric and leather leftovers. As the company’s name indicates, the “w” standing for waste, its purpose is to eliminate discarded materials and deadstock by transforming them into a resource.
How an Italian startup is proving to be the perfect fit for leading fashion brands
Measmerize, a startup established to offer sizing solutions for fashion brands, has built up a portfolio of about 40 clients, including high-profile fashion houses, thanks to customized AI algorithms proposing size and fit recommendations to end-users.
Experts are confident about global footwear sales growth
The short-term outlook for footwear sales volumes and price growth is positive, based on the findings of the latest survey of experts published in the latest Business Conditions Survey released by World Footwear.
Global branded casual footwear market grew 3.5% in 2024
The international branded casual footwear market grew by 3.5 percent in 2024 to $17,016 million from $16,447 million in 2023, with balanced growth from the US and global sales. The US branded casual shoe market rebounded 3.9 percent to $7,024 million from $6,763 million, while revenues from outside the US ...
Brazilian exports hit by US tariffs
In August, Brazilian footwear exports fell by 0.5 percent year-over-year in volume to 7.64 million pairs and by 9.1 percent in value to $77 million after the US introduced a 50 percent import tariff on Brazilian goods on Aug. 7. The US is Brazil’s main export market.
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Xero Shoes expands its international distribution network
Pidigi takes over Sympatex
Bogner appoints Puma's former head as its CEO
Coats names a new Chair
Turkish inflation to slow down less than expected this year
Ecco plans to have 50 stores in India by 2028
Asos to sell the Lichfield fulfilment center
Lehar Footwear expands Kundli site
ANWR Group appoints new head of product at ANWR Schuh
Ecco launches its secondhand program in Germany
LVMH sells Marc Jacobs for $850m
LVMH has signed a definitive agreement to sell the Marc Jacobs brand to the management firm WHP Global.
Yue Yuen's profit falls on factory squeeze
The world’s largest footwear contract manufacturer saw earnings halve in Q1 as a rare calendar crunch and tariff-sharing costs compressed factory margins to their weakest in years.
Saucony drives Wolverine Worldwide to strong Q1
With Saucony now the fastest-growing brand and international at 20%, Wolverine’s earnings mix is shifting decisively away from its domestic wholesale base
Birkenstock posts higher revenues and lower profits
Birkenstock Holding, the UK-based parent company of the German sandal maker, posted revenues of €618 million in the fiscal second quarter ended March 31, up by 8 percent on a reported basis and by 14 percent in constant currency.
Minelli to close down May 30
Minelli, which was placed into receivership in March, announced on Instagram that it will close down ”definitively” on May 30.
Shoe Zone sees tough trade ahead as H1 losses widen
Shoe Zone has warned that it still faces tough trading conditions due to increased consumer caution and the Iran war after earnings slid further into the red at the half-year stage.