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Industry News Monday 1st of April 2024
Zegna Group to build a new footwear factory

The Italy-based fashion luxury group will open a new footwear and leather goods factory in Parma to expand its production capacity and promote and enhance Italian craftsmanship

Industry News Friday 29th of March 2024
A slight increase in revenue for Nike

The US-based company has reported a slight increase in revenue on both a reported and currency basis in the third quarter of fiscal 2024, as compared to the same period of the prior fiscal year

Industry News Wednesday 27th of March 2024
361 Degrees reports double-digit growth

The Chinese-based activewear company ended the fiscal year 2023 with a double-digit revenue growth of 21%, as compared to 2022. The Kids business was the fastest growing over the period

Industry News Tuesday 26th of March 2024
Portuguese footwear manufacturer Portman reinvents itself

Founded in 1979 with a focus on the manufacture of moccasin footwear, the Portuguese company has invested in recent years to sustainably modernise its production and offer new products

Industry News Monday 25th of March 2024
Consumers want shoes to last at least four years

Footwear industry body the Fdration Franaise de la Chaussure (FFC) has shared the results of its 2024 consumer attitude study.

Industry News Saturday 16th of March 2024
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

Industry News Friday 15th of March 2024
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

Industry News Thursday 14th of March 2024
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

Industry News Wednesday 13th of March 2024
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.

Industry News Tuesday 12th of March 2024
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”

Industry News Thursday 7th of March 2024
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

Industry News Wednesday 6th of March 2024
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

Industry News Tuesday 5th of March 2024
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

Industry News Monday 4th of March 2024
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

Industry News Friday 1st of March 2024
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.