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
