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News briefs
Caleres cuts its guidance after holiday sales disappoint
Caleres cut its sales and earnings guidance for fiscal year 2024 after reporting disappointing sales in the holiday season and into January, partially due to weather-related closures at some of its Famous Footwear stores. The US company is now expecting a 3.0 to 3.5 percent decline in full-year sales compared ...
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Red Dragonfly plans to produce in Uzbekistan
China’s Zhejiang Red Dragonfly Shoes plans to invest $10 million in footwear production in Uzbekistan, according to the local trade association Uzcharmsanoat. Red Dragonfly is expected to visit the country in the coming weeks to select a location for the facility. In June 2023, Uzcharmsanoat launched a project to establish ...
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Clarks completes the sale of its UK pension liabilities
The Pension Insurance Corp. (PIC) has completed an annuity buy-in with the C.& J. Clark Pension Fund, the benefit plan of C. & J. Clark International Ltd. The buy-in will cover £540 million pounds (€644m) of plan liabilities for 8,000 members. In 2022, PIC had a already bought £280 million ...
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Chapters Brand Group becomes CAT Footwear’s distributor in the UK
Chapters Brand Group will be the exclusive distributor of CAT Footwear in the UK. Wolverine Worldwide is the global footwear licensee for the Caterpillar brand. CAT is currently available at Tower London, Urban Outfitters and over 40 independent stores in the country. In 2023, the British footwear distribution firm 33 ...
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Genesco names a Chief Human Resources Officer
Genesco named Kyle Polischuk to the newly created role of Chief Human Resources Officer. The appointment was effective Jan. 6. “Kyle’s strategic leadership and exceptional track record building dynamic organizations, developing talent, and promoting strong cultures will make a tremendous impact to Genesco. Her rich knowledge of retail and digital ...
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Dr. Martens’ Creative Director steps down
Dr. Martens’ Creative Director Darren Leon Mckoy is stepping down after three years in the job and a decade with the British footwear brand. “A heartfelt thank you to Dr. Martens for an incredible decade,” he wrote on LinkedIn. “Exactly 10 years to the week, I joined the brand at ...
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Stella McCartney launches a sneaker with Balena
The British fashion designer Stella McCartney is launching a sneaker collection in collaboration with Balena, a Tel Aviv-based circular economy startup founded in 2020. The S-Wave Sport sneaker will use Balena’s BioCir flex, a flexible, fully compostable and recyclable thermoplastic elastomer that reduces toxic, fossil fuel-based materials commonly used in ...
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Forty Brazilian footwear brands to attend Expo Riva Schuh
Forty Brazilian footwear brands will be attending Expo Riva Schuh & Gardabags, scheduled in the Italian town of Riva del Garda from Jan. 11 to 14, according to the Brazilian footwear association Abicalçados. Paola Pontin, a business coordinator at Abicalçados, noted that in the latest edition of Expo Riva Schuh, ...
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Coats names a new CFO
Coats’ Chief Financial Officer, Jackie Callaway, has agreed with the board that she will step down at the conclusion of the company’s annual general meeting (AGM) on May 21 and will assist with an orderly transition through June 30. Callaway has been with the British industrial threads and footwear component ...
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Zappos’ marketing head leaves
Joe Cano, Zappos’ Chief Marketing, Merchandising and Growth Officer, announced that he has left the US online footwear retailer to join the US home improvement retailer Lowe’s as Senior Vice President of Digital. “After an incredible journey at Zappos, where I had the privilege of working alongside an extraordinary team, ...
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Loro Piana wins a court case for shoe patent infringement
A court in the southern Italian city of Bari ordered MNSWR Group, a Lecce-based company that operates the menswear brand Viola Milano, to stop producing, marketing and selling footwear that allegedly infringed on Loro Piana’s copyrights for its Open Walk and Summer Walk shoes. The injunction issued on Nov. 25, ...
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Vietnam GDP up over 7% in 2024
Vietnam’s GDP rose by 7.09 percent in 2024, beating the government’s expectations and driven by a 14 percent increase in exports, according to the statistics office GSO. Officials had anticipated a GDP growth of 6.5 percent. In 2023, Vietnam’s GDP rose by 5.05 percent. The government has set a GDP ...
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Dass closes a factory in Argentina
Dass, a Brazilian footwear manufacturer specializing in sports shoes, has closed a plant located in the Argentine town of Coronel Suárez due to adverse market conditions in Argentina. According to the local press, the closure will result in 360 job losses. The plant produced shoes for the brands Adidas, Nike ...
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Sabu appoints a new marketing chief
The German shoe retail cooperative Sabu has appointed a new marketing director. Albrecht Kersten took on the new role of Head of Marketing and Consumer Experience after most recently serving as Team Lead E-Commerce and Digital Marketing at the Heilbronn-based retail group. The role of Head of Marketing, previously held ...
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Solidus hires a new head of sales
The German footwear company Solidus announced a change at the helm of its sales division. The Tuttlingen-based company has appointed Martin Kinzler as Head of Sales, effective Jan. 1. Kinzler brings more than three decades of experience in the shoe industry. He represented the licensed brand Camel Active for the ...
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Apple of Eden hires a new DACH sales team
Apple of Eden is reorganizing its distribution for the DACH region, which comprises Germany, Austria and Switzerland. After many years of collaboration with the agencies Wardrobe in Berlin and Jürgen Klein in Sindelfingen, the brand has entrusted its distribution to Michael Gerlach’s agency Brand Masters in Erkrath, starting from the ...
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Vietnam’s leather, footwear, handbag exports up by over 11% in 2024
In 2024, Vietnam’s leather, footwear and handbag exports totaled an estimated $27 billion, up by 11.45 percent from the previous year, according to Lefaso, the Vietnam leather, footwear and handbag association. Lefaso had forecast exports reaching between $26 billion to $27 billion. North America accounted for 41.4 percent of Vietnam’s ...
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Merrell introduces a new hiking footwear concept
Merrell unveiled the SpeedARC Surge Boa, a new product that the brand says is a groundbreaking lightweight hiking shoe engineered for adaptability and comfort. Launching globally on Jan. 7, 2025, the shoe is priced at $290 and promises to redefine hiking footwear with cutting-edge features. The SpeedARC Surge Boa incorporates ...
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Birkenstock opens a flagship store in Cologne amid European expansion
Birkenstock has transformed its former pop-up store in downtown Cologne into a permanent retail location. The 80-square-meter store, located at Ehrenstraße 5-7 and reopened on Nov. 28 after a complete redesign, is part of Birkenstock’s efforts to expand its presence in Europe. The store design prominently features cork ...
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Kandahar opens its first shop-in-shop
The Swiss footwear brand Kandahar opened its first shop-in-shop in the heart of Zurich’s city center, in the renowned Schuhhaus Schulthess on the Rennweg shopping street, to showcase its collection. According to the co-CEO, Claudio Minder, “2025 will be a year of expansion for Kandahar.” In addition to ...
