By Arvind Bajaj, Founder Ezok Shoes, footwear enthusiast and connoisseur As a footwear enthusiast and connoisseur, I’ve often found myself drawn into the debate surrounding creases in leather shoes. It’s a topic that sparks passionate discussions within the shoe community, with some vehemently opposed to any signs of wear while others embrace the natural patina that […]
A Call for Strategic Revamp In a momentous occasion, Puran Dawar has been re-elected as the Regional Chairman for the fifth consecutive term, reaffirming his indomitable leadership and the trust vested in his capabilities. Heartiest congratulations pour in for Puran as he assumes the mantle once again, along with the esteemed members of the Northern […]
Puma, the renowned sportswear brand, has navigated through a volatile market landscape to achieve robust full-year sales growth, overcoming challenges encountered in the fourth quarter. Arne Freundt, CEO of Puma, credited the company’s strong performance to its dedicated team and valued partners. Fourth Quarter Performance: Full-Year Results: Fiscal 2024 Outlook: Puma remains optimistic about its […]
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 […]
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 […]
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