荐JD Sports completes acquisition of Courir
The UK-based sportswear retailer has completed the acquisition of Frances Groupe Courir, thus strengthening its position in the European market. The deal was first announced in May 2023
荐US footwear prices rise amid economic uncertainty
Tariffs and inflation continue to shape US footwear pricing, as October data revealed mixed trends, with increased mens and childrens footwear prices, while prices for womens shoes declined
荐Third quarter net sales fall at Shoe Carnival despite strong back-to-school season
The US-based retailer has reported a 4.1% year-on-year fall in net sales in the third quarter, hit by a shift in the retail calendar, two hurricanes that disrupted many of its stores and prolonged warm weather that delayed boot season
荐Alpargatas reports continued growth in 2024
Havaianas performance in Brazil, with increased volumes and improved margins, and Rothys revenue growth of 29% in the third quarter of 2024, compared to last year, anchors Alpargatas growth
荐Wholesale continues to weigh on Geox’s performance
In line with the first half, the footwear company has reported a decline in sales for the first nine months of the year, as the wholesale channel continues to weigh on overall performance
荐Puma reports nine month results amid currency headwinds
Currency pressures and higher operating expenses impacted Puma’s 2024 nine-month results. However, the German-based company reaffirmed its guidance on the back of revenue growth in the Americas and DTC performance
荐RM Williams targets UK as part of global expansion
The Australian-based bootmaker plans to open new UK stores in the coming months. The company aims to use the country as a launchpad for its international growth strategy, while remaining true to its heritage
荐Rocky Brands reports third quarter revenue decline
The US-based footwear company reported an 8.8% year-on-year decline in third quarter net sales. Improved retail revenue and gross margins partially offset wholesale shortfall
荐Deichmann acquires Esprit shoe trademark
Amid insolvency proceedings, Esprit has sold its shoe brand rights in Europe and the United States to Deichmann. The German-based shoe retailer aims to expand its footwear offering in these markets
荐New Generation: meet Eliana Barros from Ownever
With a degree in Product Design, Eliana Barros is the founder of Ownever, a Portuguese leather goods brand focused on high-quality, sustainable products with a timeless design
荐Miu Miu fuels strong performance for Prada Group
Against a challenging backdrop in the luxury segment, the Italy-based luxury continued to perform strongly. Miu Miu “upheld its thriving growth momentum”
荐Crocs posts slight revenue growth
The US footwear company has posted a slight revenue growth and increased gross margins for the third quarter, adjusting its fourth quarter and full year guidance. Heydude brand turnaround continues
荐Birkenstock expands presence in South Korea with new e-commerce platform
The global brand with German roots has launched a dedicated e-commerce website and loyalty programme in South Korea. Birkenstock also plans to open physical stores in 2025
荐CTCP coordinates project to support the digitalisation of the Albanian footwear industry
The Portuguese Technological Footwear Centre (CTCP) coordinates The Digi4Wearables capacity-building project, which focuses on supporting the digitalisation of the footwear industry in Albania
荐Leather goods leads sales growth for Hermès
Herms bucked the trend facing other European luxury goods makers with a strong third quarter driven by improvements across nearly all of its divisions and especially in its leather goods and saddlery division.