WORLD FOOTWEAR weekly newsletter

30 December 2024



 




Top Reads from 2024


Yearbook
Global footwear production down by 1.5 billion pairs in 2023
Jul 30, 2024 / World Footwear Yearbook

Last year saw footwear production and exports decline by 6% and 9.1% respectively, according to data published in the World Footwear Yearbook 2024, as recently released by APICCAPS, the Portuguese Footwear Association




Companies
H&M announces results for 2023, CEO steps down
Feb 2, 2024 / Sweden

The Sweden-based group has reported a 6% growth in net sales in 2023, as compared to the previous year. However, its CEO has stepped down amid sluggish sales at the start of the year




Companies
Sarah Jessica Parker shuts down her shoe brand
Aug 28, 2024 / United States

Actress Sarah Jessica Parker has announced that the SJP by Sarah Jessica Parker brand will cease trading in the fall of 2024, after 10 years in business




Companies
JD Sports announces full year results
Jun 11, 2024 / United Kingdom

The UK-based sportswear retailer has announced its unaudited results for the year 2024, highlighting a strong revenue performance despite a challenging macro environment




Companies
Authentic Brands Group agrees to buy Champion
Apr 8, 2024 / United States

The New York-based brand management company has reached an informal agreement to buy the Champion label from HanesBrands for a little more than 1 billion US dollars




Companies
Parent company of Clarks posts full year net loss
Jun 14, 2024 / United Kingdom

The parent company of the British footwear retailer Clarks suffered a net loss in 2023, despite overall revenue growth. The results reflect a weak demand, with cautious consumers facing high inflation and rising interest rates




World
Footwear retail in 2024: signs of recovery or a bumpy ride ahead?
May 7, 2024 / World

High inflation squeezed margins in footwear retail throughout 2023. To glimpse the industry's 2024 outlook, we analysed results from key players like manufacturers Yue Yuen and Stella Holdings and retailers Foot Locker, JD Sports, Shoe Carnival, and Genesco




World
Indian leather industry seeks fiscal incentives in 2024 Budget
Jan 19, 2024 / India

The Council for Leather Exports (CLE) in India has called for several financial incentives for the leather industry in the forthcoming Budget 2024




Companies
Strong year 2023 for Decathlon
Apr 10, 2024 / France

The French group reported a “robust economic performance” in 2023, saying it had “laid a strong foundation for the future” under its new ‘Move People Through the Wonders of Sport’ strategy




World
Martina Schiuma from The ID Factory: technology is key to accelerate change
Apr 8, 2024 / Italy

We spoke to Martina Schiuma, head of sustainability at the platform The ID Factory, to find out more about their solution for fashion brands and retailers to improve supply chain transparency and traceability. In the end, we discussed where the fashion industry is on its journey towards a sustainable future