Footwear News

Global Footwear Production Drops 6% in 2023 to 22.4 Billion Pairs

Global footwear production saw a significant decline of 6% in 2023 compared to the previous year...

KICL and Royer Group Partner to Launch Kickers Footwear in India Through 30-Year Agreement

In a strategic move set to reshape the footwear market, Kothari Industrial Corporation Ltd (KICL)...

Relaxo Footwear’s Q1 Financial Results in 21% Profit Fall to Rs.44 Crore with Rs.748 Crore Turnover

In a recent financial update, Relaxo Footwears Limited disclosed a 21% drop in its net profit for...

Adidas and Nike Veterans Join Portland’s $125M Made in Old Town Footwear Manufacturing Project

Portland, Oregon’s initiative to rejuvenate footwear manufacturing in the U.S. has gained crucial...

Vietnam’s Leather and Footwear Industry Targets $27 Billion in 2024 Exports

The Vietnam Leather, Footwear, and Handbag Association (LEFASO) has set an ambitious target for the...

Louis Vuitton Announces Collaboration with Timberland, Merging Luxury and Durability

Louis Vuitton has officially announced its highly anticipated collaboration with Timberland, first...

Indian Sneaker Startup Comet Raises $5 Million in Series A Funding

In a significant boost to the burgeoning Indian footwear market, Bengaluru-based sneaker brand Comet...

Nike Q4 Results: Revenue Down 2% to $12.6Billion, Net Income Up 45% to $1.5Billion

Nike’s fourth-quarter revenue fell by 2% to $12.6 billion, missing the $12.84 billion expected...

South Africa’s Footwear & Leather Industry Set to Transform Through ILO & SAFLEC Initiatives

SAFLEC, supported by ILO, conducted workshops with Arsutoria and Edizioni AF to enhance South...

Chinese Footwear Association to Invest US$72 Million in Pakistan’s Footwear Industry

In a significant boost to Pakistan’s footwear industry, the Association of Guangdong Shoes...

Adidas Establishes 45,000 sq ft Global Capability Centre GCC in Chennai, Its First in Asia Outside China

Adidas, the renowned German sportswear giant, has inked a lease for its inaugural Global Capability...

Indian Footwear Industry Collaborates with DPIIT & BIS to Enhance Quality Standards

Important discussions were held making Quality Control Orders optional for non-performing footwear...