荐New leadership appointments announced at Allbirds
The US-based sustainable footwear brand has promoted Kelly Olmstead, formerly SVP of Brand & Marketing, to Chief Marketing Officer, and appointed Adrian Nyman to the newly created role of Chief Design Officer
荐Birkenstock posts double-digit revenue growth
The German footwear company reported a 20% increase in revenue for its fiscal 2023, as compared to the previous fiscal year, with growth across all regions and channels
荐Volume increase in Brazilian leather exports in 2023
In 2023, Brazilian exports of hides and skins rose by 13.0% in area and 21.5% in weight, as compared to the prior year. But in value terms, leather exports were down by 8.3% over 2022
荐Indian leather industry seeks fiscal incentives in 2024 Budget
The Council for Leather Exports (CLE) in India has called for several financial incentives for the leather industry in the forthcoming Budget 2024
荐Bridge of Weir leather opens design studio in Warwick
Bridge of Weir, which supplies fine automotive leather supplier to some of the world’s most-respected luxury car brands, has opened a new "advanced" design studio in Warwick.
荐Portuguese footwear companies’ successful partnerships
There’s strength in numbers, a motto taken seriously by some Portuguese footwear companies that see partnerships as a lever for moving forward. Take a look at the partnerships of JAK, ESC and Lachoix
荐Wolverine Worldwide confirms 2023 results in line with previous guidance
In the midst of “the stabilisation phase” of its “strategic transformation” plan, the US-based company has confirmed its guidance for both the fourth quarter and fiscal year 2023
荐The Cryptide named Footwear Brand of the Year in 2023
The luxury lifestyle sneaker brand The Cryptide has been named Footwear Brand of the Year 2023 at the fourth edition of the Global Footwear Awards (GFA)
荐Crocs raises fiscal 2023 guidance
The US-based footwear company has announced that it now expects a record 2023 revenue of 3.95 billion USD, up by more than 11% year-on-year, and slightly ahead of its previous growth guidance of 10% to 11%
荐Ecco opens first flagship store in NY
The Danish footwear company continues to transform its business in the US, taking another step forward with the opening of its first store in Manhattan at the end of 2023
荐Bangladeshi leather footwear exports down by 33%
In the first half of the fiscal year 2023-2024, Bangladesh’s leather footwear exports fell by 33% year-over-year, leading to an overall decline in the country’s leather exports
荐Pikolinos posts record full year sales
The Elche-based group posted a record turnover of 138 million euros in the 2023 fiscal year, up by 29% year-over-year, a significant recovery from the COVID-19 pandemic-related decline
荐Job losses on the cards as Nike focuses on profits
Sports brand Nike is aiming to deliver up to $2 billion in cost savings over the next three years through simplifying product assortment, increasing automation and job losses.
荐Swedish outdoor brand has new owners
Hong Kong-based private equity firm LionRock Capital has acquired Swedish outdoor brand Haglfs. The brand, founded in Sweden in 1914, has been a wholly owned subsidiary of Japanese sports group ASICS since 2010.
荐Leadership changes ahead as warm winter impacts Designer Brands
Unseasonably warm winter weather in the US reduced customer demand for shoes in the third quarter, according to Doug Howe, CEO of footwear retailer Designer Brands