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Industry News Tuesday 24th of December 2024
New Generation: Artur Cardoso from Wagwan

With a marketing degree and a past linked to the art world, Artur Cardoso has recently launched Wagwan, a Portuguese footwear brand that combines art and sport

Industry News Friday 20th of December 2024
Shoe Zone issues profit warning

The British footwear retailer has cut its full year adjusted profit forecast due to difficult trading conditions and increased costs resulting from the October government budget

Industry News Thursday 19th of December 2024
Challenges loom for the Brazilian footwear industry in 2025

With tax reform and trade protection as priorities, Brazils footwear industry expects pressing challenges in 2025, including payroll tax changes, high interest rates and import competition

Industry News Wednesday 18th of December 2024
Genesco reports sales growth in the third quarter

The US-based company positively adjusted its 2025 guidance, driven by solid e-commerce growth, improved consumer experiences and robust sales momentum at Journeys during the third quarter

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