Italy, March, 2024 Assocalzaturifici, the association representing over 450 companies in Italy’s footwear manufacturing sector, has confirmed Giovanni Ceolini as President. Ceolini’s tenure is set to prioritize sustainability, digitalization, innovation, and the promotion of Made in Italy craftsmanship, with a particular focus on attracting young talent to the industry. In a statement released by the […]
Germany, March, 2024 Manfred Junkert, CEO of the Federal Shoe and Leather Goods Industry Association (HDL/S), has expressed concerns over the challenging outlook for German shoemakers amidst difficult market conditions. Despite displaying considerable resilience and creativity, manufacturers are facing tough circumstances with only nominal sales growth and significant losses in shoe imports. “In view of […]
New York, March 2024 Steve Madden, a leading footwear, apparel, and accessories brand, has announced robust fourth-quarter results, surpassing expectations across key metrics. Edward Rosenfeld, Chairman and CEO, expressed satisfaction with the company’s performance, highlighting organic revenue growth and improved operating margins. Fourth Quarter Highlights: Full Year Results: Outlook for Fiscal 2024: Looking ahead, Rosenfeld […]
ABG’s Hunter brand is set to venture into the realm of accessories through a strategic partnership with the Aldo Group. This collaboration aims to harness Aldo’s extensive experience in handbag manufacturing to bring forth a collection of accessories that embody Hunter’s rich heritage while catering to consumers’ preferences for quality, style, and functionality. Jarrod Weber, […]
Italian footwear production faced a notable setback in 2023, experiencing an 8.6% decline to 148 million pairs. This downturn also contributed to a 5.3% decrease in the number of active companies in the sector, totaling 3,564. However, the industry maintained stable employment figures, with 73,639 individuals employed, marking a modest increase of 1.8% compared to […]
The Spanish Federation of the Footwear Industry (FICE) has reported a slowdown in the country’s footwear exports during the latter half of 2023. While overall exports for the year showed a modest increase, concerns persist within the industry due to factors such as declining consumption, inflation, and challenging international conditions. In 2023, Spain’s footwear exports […]
In a grand display of industry and innovation, the Chief Minister’s Office orchestrated a momentous event on March 1, 2024, to inaugurate the EVERTRADE INDIA Odisha footwear manufacturing unit. The occasion, attended by esteemed dignitaries including the Honorable Chief Minister Shri Naveen Patnaik, 5T (Transformational Initiatives) Minister Mr. V. Pandiyan, Principal Secretary Shri Hemant Sharma, […]
Geox, the renowned Italian footwear brand, has announced a change in leadership as it grapples with a slight decline in sales for the fiscal year 2023. Mario Moretti Polegato, Chairman and founder of Geox, acknowledged the challenges faced by the company amidst a complex macroeconomic environment, which impacted its target market. In addition to the […]
“Despite falling short of desired targets, the conclusion of 2023 exceeded initial expectations,” summarized adidas CEO Bjørn Gulden. “Despite notable losses in Yeezy revenue and a cautious approach to sales, we maintained steady revenues, achieving an operating profit of €268 million. Our disciplined market approach and inventory management led to a reduction of nearly €1.5 […]
Blog by Arvind Bajaj, Founder Ezok Shoes, footwear enthusiast and connoisseur In the realm of travel, footwear plays a pivotal role in ensuring comfort, style, and practicality. The landscape of travel shoes continues to evolve, with an emphasis on combining innovation with timeless design. Whether you’re embarking on a weekend getaway or a globetrotting adventure, having […]
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