All footwear articles – Page 2
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ArticleOver 9% decline in Italian footwear sales expected by 2024
Data on industrial production released by the national statistics office Istat painted a bleaker picture, indicating that footwear output fell by 18.9 percent in the first nine months of 2024.
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News briefsSkechers opens new concept store in Prague
The new store brings the number of Skechers retail locations in the Czech Republic to eight.
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ArticleNew biodegradable midsole technology unveiled by OrthoLite Cirql at ISPO Munich
Cirql Zero offers complete biodegradability and scalability and aims to reshape sustainability standards in the footwear industry.
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ArticleYue Yuen posts strong manufacturing but weak retail results
Yue Yuen generated strong nine-month manufacturing results but the group’s retail arm, Pou Sheng Intl., suffered from soft sales momentum with weak traffic across various Chinese cities.
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News briefsYue Yuen gives positive profit warning
The company said it has been optimizing its staffing levels relative to the demand in its order pipeline.
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News briefsFoot Locker steps into India
Foot Locker debuted in India on Nykaa and offline at Nexus Select City Walk in Delhi with its first store in the country.
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News briefsANWR Garant Netherlands announces leadership change
Dennis Beute steps down as Managing Director of ANWR Garant Netherlands after 15 years, leaving the role to pursue new professional challenges.
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News briefsFoot Locker to launch omnichannel presence in India
The US retailer partners with Metro Brands and Nykaa Fashion for its omnichannel debut in the country.
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ArticleKizik expands global reach with new distribution deals
The Utah-based hands-free shoe brand announces new distribution agreements in Taiwan, Italy, and Southeast Asia, marking significant global growth.
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ArticleGlobe eyes stronger sales outside Australia in FY25
Annual Ebit of the multi-brand skate, surf and swimwear company increased by 12%.
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AnalysisMarket Analysis: The global athletic footwear market
Our annual overview of the athletic footwear market shows the global sales of 25 companies and compares how 2023 has developed compared to 2022.
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News briefsAllbirds reduces Q2 operating loss, moves forward with international plans
Allbirds improved its year-over-year Q2 operating loss by 32 percent.
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ArticleGlobal footwear production fell 6% in 2023
Nearly nine out of every ten pairs were made in Asia, while large disparities in consumption persist between emerging economies and developed regions.
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News briefsMunich posts 9% sales growth
Spanish sneaker brand Munich recorded sales exceeding €81 million in 2023, representing a 9 percent growth compared to the previous year and an 82 percent increase when compared to 2019, La Vanguardia reported. Growth last year was driven by internationalization and the expansion of its own retail network. Munich opened ...
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News briefsAllbirds has found its distributors for Scandinavia, Benelux and Japan
Allbirds has announced agreements with distributors in the markets of Scandinavia and Benelux. With the completion of these agreements, Allbirds has now penned deals with eight international distributors, following Canada and South Korea in 2023, and Japan, Australasia, Gulf Countries and Southeast Asia earlier this year. Authentic Brands will be ...
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ArticleGolden Goose IPO postponed
Golden Goose, the Italian luxury sneaker brand that initially wanted to go public on June 21, announced the postponement of its IPO “as a result of European market volatility.” While the IPO process was generally very well received, with strong support from the entire investor community, including Invesco, which acted ...
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News briefsStockX halts 400,000 suspected fakes in 12 months
The online marketplace StockX reports in its Big Facts: The Verification Report, which covers the twelve months to May 31, 2024, that it used its verification methods to reject over 400,000 suspected counterfeit products worth almost $85 million. This is around 100,000 more counterfeits than in the previous year. In ...
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ArticleNew CEO at FootBalance
Source: FootBalance Atul Midha Finnish company FootBalance, a leading provider of healthcare technology and customized insoles, has appointed Atul Midha as its new Chief Executive Officer, effective June 3. Midha joins FootBalance after a distinguished career that has included leadership roles at renowned companies such as Eton ...
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ArticleAre compostable sneakers soon ready for mass production?
In late April, Puma announced it would make a commercial version of its Re:Suede 2.0 compostable sneaker. The brand created 500 pairs of its Re:Suede sneaker in 2021 as an experimental project, then asked volunteers to wear them for half a year to test comfort and durability. Now, the brand ...
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Case StudyNew Balance: EMEA HQ relocation and expansion mark growth period
New Balance has been something of a phenomenon within the sporting goods industry. Today, it stands as one of the most globally successful footwear brands.
