Xero Shoes is looking to bolster its domestic wholesale business and leverage strong growth rates in Europe to underpin a new phase of expansion for the US barefoot footwear specialist founded 15 years ago.
On Sept. 9, 2024, Assocalzaturifici, the Italian association of shoemakers, announced the appointment of Giorgio Possagno as General Manager. The position had been vacant since the departure of Tommaso Cancellara on April 5, 2022.
The Italian footwear company Nice Footwear was listed on the Milan stock exchange for just over a year from Nov. 18, 2021 to March 3, 2023, when it was delisted following a public tender offer (PTO) launched by the Italian private equity firm Palladio Holding to buy out the minority ...
Our interview explores Gore’s commitment to extending product life, consumer education campaigns, and the newly launched GORE-TEX Gear Tour.
The startup Covision Media decided to initially focus on the footwear industry to commercialize its 3D scanner developed in Bressanone, near the northern Italian town of Bolzano.
The Italian footwear companies Fessura, DIS and Steve’s as well as dropout, a retailer of luxury apparel and sneakers, have in common that they are currently, or have been, raising funds through the Italian crowdfunding platform Mamacrowd, which is owned by the asset management company Azimut.
JustinShop is an Italian startup that created an app allowing users to book fashion items, such as a piece of apparel or a pair of shoes, with the option to receive them at home by courier or pick them up at a nearby shop.
Discover the world’s first biodegradable and industrially compostable comfort and performance foam technology for footwear
In 2024, Brazilian footwear exports are expected to decline by 6 to 9 percent in volume as an improvement in the second half of the year is expected to offset a sharp decline in the first four months of the year, according to the Brazilian footwear industry association, Abicalçados.
In the first quarter of 2024, sales revenue for the US footwear industry remained unchanged year-over-year at $9.1 billion, while volumes rose by 1 percent, according to Circana.
In March, French footwear retail sales rose by a seasonally and working-day adjusted 2.5 percent month-on-month, according to the Bank of France. In February, sales of footwear increased by 1.6 percent. The reading was revised up from a preliminary 0.9 percent.
The leather industry in Italy generates an annual turnover of more than €30 bn. One event in Milan is perfectly placed to showcase this champion.
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Steve Madden said it is accelerating plans to reduce its reliance on manufacturing in China, amid expectations that Donald Trump will follow through on his pledge to slap hefty tariffs on imports from China after being re-elected on Nov. 5 to a second term as president of the United States.
In the third quarter of 2024, Wolverine Worldwide, Inc (WWW) posted an operating income of $35.2 million, up by 29 percent from $27.3 million a year earlier. The gross margin soared by 4.50 percentage points to 45.3 percent from 40.8 on lower supply chain costs and end-of-life inventory sales. Net ...
The average consumer traffic in Russian footwear stores dropped by 10 percent during the summer months, Focus Technologies, a Moscow-based think tank, reported. Several factors are likely contributing to this trend, including the end of the rebound effect on the market following the turbulence in 2022 and growing competition, according ...
Proposals by President-Elect Donald Trump to increase US trade tariffs could significantly curtail footwear exports to the country, especially those from China, according to a survey carried out by Trade Partnership Worldwide for the US’ National Retail Federation (NRF).
In the fiscal second quarter ended Sept. 28, Jimmy Choo, the luxury footwear brand owned by Capri Holdings, posted revenues of $140 million, up by 6.1 percent on a reported basis and by 5.3 percent on a constant currency basis compared to the prior year driven by the wholesale channel.
Stuart Weitzman, the premium footwear brand of the US fashion group Tapestry, posted sales of $53.7 million in the fiscal first quarter ended Sept. 28, up by 2 percent year-on-year both on a reported basis and at constant currency rates, as growth in North America offset “softness” in Greater China.