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Industry News Tuesday 17th of December 2024
Johnston & Murphy Better than expected results for Genesco in Q3

U.S.-headquartered footwear retailer Genesco has reported its financial results for the third quarter of fiscal 2025, when net sales grew 3% to US$596 million.

Industry News Thursday 12th of December 2024
Caleres lowers full year outlook

The US-based footwear company has lowered its full year outlook after a weaker-than-expected third quarter, citing weaker seasonal demand for boots, supply chain issues and a specific customer credit problem

Industry News Tuesday 10th of December 2024
OrthoLite significantly expands its operations in India

Thanks to solid leadership in the region, OrthoLite has increased its Indian footprint by adding leather insole production and strengthening local manufacturing to support 61 brand partners

Industry News Monday 9th of December 2024
ThredUp divests its European business

The US-based online platform has sold European business Remix in a management buyout, enabling both companies to prioritise market strengths and drive targeted growth under separate leadership

Industry News Friday 6th of December 2024
Skechers' BOBS initiative reaches major charitable milestone

The US-based company surpassed 12 million US dollars in donations through the sales of BOBS products, which has helped over 2.2 million shelter pets across the US, Canada, the UK and Japan

Industry News Thursday 5th of December 2024
E-commerce led the way on US Black Friday

US retail sales were up by 3.4% on Black Friday compared to the same day last year, according to Mastercard SpendingPulse, driven by a significant 14.6% increase in online sales

Industry News Wednesday 4th of December 2024
Dr. Martens reports half year results for fiscal 2025

In its transition year, the British brand reported decreased revenue for the first six months of fiscal 2025. In contrast, the company improved its balance sheet, progressing towards key objectives

Industry News Tuesday 3rd of December 2024
Stuart Weitzman and Swarovski unite for new holiday collection

Stuart Weitzman partnered with Swarovski Creators Lab to release crystal-adorned Stuart Power Shine pumps, a limited-edition collection combining craftsmanship and luxury fashion

Industry News Monday 2nd of December 2024
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

Industry News Friday 29th of November 2024
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

Industry News Thursday 28th of November 2024
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

Industry News Wednesday 27th of November 2024
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

Industry News Tuesday 26th of November 2024
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

Industry News Friday 8th of November 2024
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

Industry News Thursday 7th of November 2024
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