Shoe Intelligence

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Designer Brands cuts guidance as dress, seasonal footwear suffer Designer Brands said it was cutting its sales and earnings guidance for the full year after posting worse-than-expected results in its second quarter ended Aug. 3, as the outperformance of its growing athleisure offering was not enough to offset difficulties with dress and seasonal footwear. #footwearbusiness #footwear #intelligence #shoebiz https://lnkd.in/dZfutHSK

Micam attracts over 9,000 brands Micam will host 932 brands at its forthcoming edition, scheduled from Sept 15 to 17, with 457 labels coming from Italy and 457 from abroad, mainly Spain, Turkey, Brazil, Portugal, and Germany to present their footwear collections for the 2025 spring/summer season. #footwearbusiness #footwear #intelligence #shoebiz https://lnkd.in/dXtBuFSM

Inditex’s H1 sales growth outpaces costs In the first half ended July 31, Inditex posted sales of €18.1 billion, up by a reported 7.2 percent and by 10.2 percent at constant exchange rates, with store openings in 34 markets bringing the group to a total of 5,667 stores. The top line outpaced operating expenses, which increased ... #footwearbusiness #footwear #intelligence #shoebiz https://lnkd.in/dcTQST6C

Moscow continues to drive the Russian fashion market Moscow and St. Peterburg remain the key drivers of the Russian fashion market, local officials indicated. #footwearbusiness #footwear #intelligence #shoebiz https://lnkd.in/dXsMWnm3

Genesco maintains earnings guidance despite better-than-expected Q2 performance Genesco said it was maintaining its earnings guidance for its 2025 fiscal year, even though its top and bottom line performance exceeded expectations in the second quarter as it continued to make progress with the turnaround of its Journeys division. #footwearbusiness #footwear #intelligence #shoebiz https://lnkd.in/dHY6N56R

Assocalzaturifici names a new General Manager Assocalzaturifici, the Italian association of shoemakers, has appointed Giorgio Possagno as General Manager. The position had been vacant since the departure of Tommaso Cancellara on April 5, 2022. #footwearbusiness #footwear #intelligence #shoebiz https://lnkd.in/dWd9fF2v

Golden Goose H1 sales up by 12% driven by DTC At constant exchange rates, Golden Goose posted a 12 percent year-on-year increase in first-half net revenues to €307 million driven by its direct-to-consumer (DTC) business. #footwearbusiness #footwear #intelligence #shoebiz https://lnkd.in/dqPhjGmt

Agra's footwear cluster produces 45 tonnes of waste daily The Indian city of Agra generates 45 tonnes of waste every day, according to the New Delhi-based Centre for Science and Environment (CSE) which has put forward a string of recommendations to improve waste management especially among informal manufacturers. #footwearbusiness #footwear #intelligence #shoebiz https://lnkd.in/djbzmRyn

Shoe Carnival converts some stores to the Shoe Station banner Shoe Carnival’s management said it is switching some of its Shoe Carnival stores to the Shoe Station banner, which caters to a higher price target and was one of the drivers of its better-than-expected financial results in the second quarter of its 2024 fiscal year. #footwearbusiness #footwear #intelligence #shoebiz https://lnkd.in/dy9VYBpb