荐Caleres reports fourth quarter and full year sales decline
As it continues to invest in initiatives to support long-term growth, the US-based company has reported an 8.3% year-on-year decline in net sales in the fourth quarter and a 3.4% year-on-year decline in full year net sales
荐Designer Brands returns to comparable sales growth in the fourth quarter
The US-based company highlighted a return to comparable sales growth in the fourth quarter of fiscal 2024 as a sign of the success of its strategic initiatives. Despite short-term pressures, the company is optimistic about 2025
荐Executive reshuffle at LVMH
Frdric Arnault has been appointed CEO of Loro Piana. Meanwhile, Damien Bertrand has been appointed deputy CEO of Louis Vuitton and Fendi CEO Pierre-Emmanuel Angeloglou joins Dior as deputy CEO
荐Strong full year performance for 361 Degrees
The China-based activewear company has reported a strong performance for the full year 2024, with revenue and profits up by 19.6% and 19.5% respectively on the previous year
荐Brazilian footwear exports surge in early 2025
Brazils footwear industry kicked off 2025 with strong export performance, according to data from the Brazilian Footwear Industry Association (Abicalados).
荐Genesco ends the financial year 2025 with a positive set of signs
The US-based footwear retailer has reported a solid fourth quarter, with improvements in sales and profitability. Genesco also highlighted the continued turnaround of the Journeys brand
荐Foot Locker makes profit in the fourth quarter despite lower sales
The US-based sports retailer returned to profit in the fourth quarter of 2024. However, the company’s total sales still fell by 5.8% as compared to the same period of the previous year
荐Swiss sportswear company On delivers strong 2024 results
The Swiss-based sportswear company delivered a strong 2024 performance, with double-digit net sales growth across channels, regions and product segments
荐Crocs offers Jibbitz customisation with AI-powered design platform
The US-based casual footwear company has partnered with the AI-powered fashion design platform Ablo to allow consumers to create one-of-a-kind Jibbitz charms
荐Portuguese Shoes campaign reaches 28 million people
Promoted by the Portuguese Footwear, Components, Leather Goods Manufacturers’ Association, the international advertising campaign for Portuguese Shoes reached around 28 million people worldwide in 2024
荐Birkenstock posts a 19% revenue growth in the first quarter
The German-based company has reported a first quarter revenue growth of 19% year-on-year on a reported and constant currency basis, driven by strong holiday demand across all segments, channels and categories
荐Rocky Brands reports solid fourth quarter
The US-based footwear manufacturer has reported a solid fourth quarter in 2024, resulting in a minor drop in net sales for the full year. Overall, Rocky Brands is optimistic about near-term prospects
荐Rising domestic demand drives footwear production in Brazil
Footwear production increased by 3.5% last year, as compared to 2023, driven by rising domestic demand. Growth could have been higher without the “invasion” of imported shoes, says Abicalados
荐Tapestry sells Stuart Weitzman to Caleres
The US-based luxury group has entered into a definitive agreement to sell Stuart Weitzman to Caleres, the group that owns Sam Edelman and Famous Footwear, for 105 million USD in cash
荐Wolverine Worldwide inflects to growth
The US-based outdoor company has reported better-than-expected fourth quarter and full year results, as a result of a successfully implemented turnaround strategy