荐adidas posts better-than-expected operating profit in 2023
The German-based company reported a very challenging 2023, especially in the US market, but remains optimistic for a noticeable improvement in the second half of the current year
荐Foot Locker reports slight improvement in sales as year ends
The US-based sportswear retailer reported better-than-expected fourth-quarter results, with sales up by 2.0% on a comparable basis to the same period of 2022
荐Allbirds appoints new CEO amid sales decline
The California-based sustainable footwear brand has appointed its current COO, Joe Vernachio, to replace Joey Zwillinger as CEO, amid a slump in sales
荐2023 ends on strong growth for Prada Group
Prada Group has reported its financial results for the full 2023 fiscal year, when net revenues were up by 17% at constant currency year-on-year to ?.7 billion.
荐Apple of Eden committed to sustainability
The Portuguese women’s footwear brand has just published its first Sustainability Report, thus reaffirming its “unwavering commitment to a greener and more ethical future”
荐Spanish footwear exports slowed down in the second half of 2023
After a solid start to 2023, Spanish footwear exports slowed in the second half of the year due to deteriorating consumption patterns and adverse macroeconomic and weather conditions
荐Hoff partners with Newmark Retail to fuel European expansion
The Spanish footwear brand has appointed the strategic retail property advisor Newmark Retail UK & EMEA to support its national and international retail growth strategy
荐Challenging external market weighs on Grendene’s full year results
The owner of Melissa and Ipanema brands ended 2023 in the red, with the macroeconomic environment remaining unfavourable to consumption in the fourth quarter of last year
荐Puma achieves full year sales growth despite a weak fourth quarter
Amid a “volatile environment”, Puma posted currency-adjusted sales growth of 6.6% year-on-year in 2023. Results would have been better had it not been for the devaluation of the Argentine peso in the last quarter, it added
荐Credit: Saucony Wolverine Worldwide sees major declines in full 2023 results
Wolverine Worldwide has reported its financial results for the fourth quarter and full 2023 fiscal year, with a revenue decline of 16.5% in the year to US$2.24 billion.
荐Lanvin manages growth in full 2023 results
Lanvin Group has announced its financial results for the full 2023 fiscal year, when revenue was up by 1% to ?26 million.
荐Authentic partners with Aldo Group for Hunter bags
Authentic Brands Group (Authentic), the global brand development, marketing, and entertainment platform, has announced a long-term partnership with the fashion retailer and wholesaler Aldo Group for British heritage footwear and accessories brand Hunt…
荐Portuguese footwear components grow by 13.6%
The Portuguese footwear components sector continues to expand into foreign markets. In 2023, it exported components worth 73 million euros, an increase of 13.6% as compared to the prior year
荐Arche goes into administration
The French footwear manufacturer has gone into administration due to a complex situation in the domestic and international markets. While the process runs its course, the company will continue to operate
荐Minelli finds a new set of owners
The French footwear retailer avoids liquidation by being taken over by three investors. Only a third of the workforce and less than half of the stores will be retained