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CCC Group starts Q4 with 10% sales boost led by HalfPrice
Designer Brands slashes guidance after sharp decline in Q3 boot sales, post-Cyber Monday ‘lull’
EU to ban the destruction of unsold clothing and footwear
Golden Goose’s revenues rise by 19% in the first nine months
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C-Suite interview: Italy shoe making is attracting investments but faces labor constraints
The Italian footwear industry is attracting investment from luxury goods brands and financial investors, which is bolstering its competitiveness. However, the industry’s development remains hamstrung by a lack of skilled labor, explains Giovanna Ceolini, the president of Assocalzaturifici, the Italian footwear association, in an exclusive interview with Shoe Intelligence.
C-Suite interview: Pablosky ready to leave the beaten track to explore new markets
Even though Spain remains its main market, Pablosky, a Spanish company specialized in children’s shoes, has been very active over the past decades at developing its international reach. And in doing so, it often abandoned the beaten track to explore new geographies.
C-Suite interview: Autry’s owner looks to cash in on success as it puts the brand up for sale
The owner of the fast-growing sneakers brand Autry is looking to cash in on its success with a sale to a new investor.
Innovation 1
How the GORE-TEX brand wants to extend the life of its products
Our interview explores Gore’s commitment to extending product life, consumer education campaigns, and the newly launched GORE-TEX Gear Tour.
Latest Case Studies
How an Italian shoe maker is dealing with the change of aspirations of its workers
The footwear industry in Italy, as in many other developed countries, is having to tackle with an aging workforce and a lack of appeal for young people, which has resulted in a shortage of skilled staff. But, the situation is aggravated by growing competition for resources from well-funded brands which ...
How Future Fashion’s founders are working on their exit strategy
Future Fashion, the owner of the namesake omnichannel platform offering fashion brands the possibility to “virtualize and customize” their collections in 3D using SaaS (Software as a Service) technology, and Design Italian Shoes (DIS), which sells customized shoes, have entered into a couple of partnerships outlining the exit strategy of ...
How Serafini is relaunching itself after exiting creditor protection
After seeing €3 million of credits “go up in smoke” for having sold its footwear to financially weak resellers, the Tuscan footwear company Serafini entered a debt restructuring program agreement known in Italy as “concordato preventivo di continuità”, from which it exited early 2022.
Innovation 2
A circular solution for the footwear industry
Discover the world’s first biodegradable and industrially compostable comfort and performance foam technology for footwear
Russia’s footwear imports rise sharply
In the third quarter of 2023, Russia imported 106.5 million pairs of shoes, 47 percent more compared with the same period of the previous year, the Russian Center for Prospective Technologies (CRPT) estimated. CRPT specializes in the development of digital labeling, marketing and tracking systems for goods in various industries.
The stocks of footwear companies continued to be under pressure in Q3
The prices of stocks monitored by Shoe Intelligence fell by 7 percent on average in the third quarter of 2023 compared with the previous three months amid ongoing concern about the economic outlook due to weak demand, higher interest rates and stubborn inflation. In the second quarter, the panel was ...
Italian shoemakers suffer a sharp slowdown in Q2
Italian shoemakers increased their revenues by an estimated 1.2 percent year-over-year in the second quarter of 2023 compared with a 13.6 percent rise in the first quarter of the year, according to a survey carried out by Confindustria Moda’s research center among members of the Italian footwear association Assocalzaturifici
Lanvin Group appoints a new CEO
Moody’s upgrades Golden Goose’s credit rating outlook to positive
European footwear brands returning to the Russian market
CCC Group starts Q4 with 10% sales boost led by HalfPrice
CEC welcomes EU comprise on ecodesign
Görtz plans comeback in Austria with new openings, retail concepts
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Lanvin Group appoints a new CEO
Lanvin Group said that Joann Cheng, the founding chairman and chief executive officer of the Chinese luxury goods firm, informed the board that she has decided to step down from her roles to pursue new endeavours outside the group. Consequently, the board has appointed Huang Zhen as the new chairman ...
Moody’s upgrades Golden Goose’s credit rating outlook to positive
Moody’s Investors Service has changed Golden Goose’s credit rating outlook to positive from stable thanks to the company’s significantly deleverage. The U.S. credit rating agency also affirmed the Italian sneaker company’s B2 corporate family rating, its B2-PD probability of default rating, and the B2 instrument rating on the company’s €480 ...
European footwear brands returning to the Russian market
Nearly 15 percent of European footwear companies that pulled out from the Russian market last year have returned to the country, the Russian footwear union estimated.
CCC Group starts Q4 with 10% sales boost led by HalfPrice
CCC Group said that in November it posted its highest monthly sales figure ever, with sales at its off-price banner HalfPrice surging as consumers continue to seek bargains in the uncertain economic backdrop and new store openings bear fruit.
CEC welcomes EU comprise on ecodesign
The European Footwear Confederation (CEC) welcomed a compromise reached on Dec. 4 between the European Parliament and the European Council regarding proposed legislation on ecodesign for Sustainable Product Regulation launched by the European Commission on March 30, 2022. It also believes that the forthcoming legislation could relaunch leather as a ...
Görtz plans comeback in Austria with new openings, retail concepts
The Hamburg-based shoe retailer Görtz is off to a fresh start with new openings and revamped retail concepts after a troubled year and the recent change of ownership.