Darlene Edwards’ Post

We compared the sizes of different shoe brands. I guess you experienced the difficulty of buying fitting shoes from different brands, here is some data highlighting the differences in sizing. To read the full article, visit our blog. https://lnkd.in/eKpAGmWc 👞 👠 👟 👡 👢

ALLBIRDS RRECEIVE SIX MONTH'S NOTICE TO RAISE ITS STOCK PRICE The Business of Fashion by Malique Morris Allbirds on Monday said it received a notice from Nasdaq flagging its share price remaining below $1 for a month. The embattled sneaker seller has six months to trade at more than $1 for at least 10 consecutive days or risk being delisted, but it could receive another six months extension if it doesn’t meet that deadline. Allbirds’ share price has plummeted more than 90 percent since its IPO in November 2021. Its dismal stock performance reflects the brand’s declining sales in the past year following an expansion into activewear and running shoes. The company’s revenue dropped 15 percent year-over-year to $254 million, and its net losses widened 52 percent to $152 million in 2023. The notice from Nasdaq comes one month after Allbirds’ co-founder Joseph Zwillinger stepped down as chief executive. Zwillinger was succeeded by footwear veteran Joe Vernacchio, who is now responsible for executing the brand’s ongoing turnaround plan, which includes closing at least 10 stores this year and partnering with distributors in overseas markets like South Korea, Japan and Australia. Allbirds is also re-releasing core products in new materials and launching a zero-carbon shoe this year to regenerate demand. https://lnkd.in/gT6QBe2w #fashion #investment #metaverse #crisis

Allbirds on Monday said it received a notice from Nasdaq flagging its share price remaining below $1 for a month. The embattled sneaker seller has six months to trade at more than $1 for at least 10 consecutive days or risk being delisted, but it could receive another six months extension if it doesn’t meet that deadline. Allbirds’ share price has plummeted more than 90 percent since its IPO in November 2021. Its dismal stock performance reflects the brand’s declining sales in the past year following an expansion into activewear and running shoes. The company’s revenue dropped 15 percent year-over-year to $254 million, and its net losses widened 52 percent to $152 million in 2023. The notice from Nasdaq comes one month after Allbirds’ co-founder Joseph Zwillinger stepped down as chief executive. Zwillinger was succeeded by footwear veteran Joe Vernacchio, who is now responsible for executing the brand’s ongoing turnaround plan, which includes closing at least 10 stores this year and partnering with distributors in overseas markets like South Korea, Japan and Australia. Allbirds is also re-releasing core products in new materials and launching a zero-carbon shoe this year to regenerate demand.

The global AntiStatic Shoes market was valued at US$ 892.9 million in 2022 and is anticipated to reach US$ 1013.2 million by 2029 witnessing a CAGR of 1.8% during the forecast period 20232029. Top 12 companies only occupied 17% market share in 2019.

Over the next few weeks, investors will pore over the last of Europe’s pre-summer IPOs, with all eyes on Permira-owned shoe manufacturer Golden Goose, set to price this week. Permira opened the books for the IPO of the Italian footwear company last week, pitching it a significant discount to Italian luxury jacket maker Moncler. The IPO price range of EUR 9.5 to EUR 10.5 per share implies a post-money market cap of EUR 1.7bn to EUR 1.9bn. Assuming Golden Goose’s 19% EBITDA growth in 2023 will be repeated this year, the price range suggests a 2024 EV/EBITDA multiple of 8.8x at the bottom and 9.7x at the top, as per Dealogic analysis: https://lnkd.in/etKJ2Wat

Zumiez reported Q1 FY24 net sales of $177.4 million, a 3 per cent decrease from last year. The net loss was $16.8 million ($0.86 per diluted share), compared to $18.4 million ($0.96 per share) in the prior fiscal’s first quarter. For Q2 FY24, Zumiez projects net sales between $199 and $204 million, with a loss per share expected between $0.30 and $0.40. Rick Brooks #Fibre2Fashion #f2f #apparel #textile #fashion #textileindustry #f2fnews Read more here: https://lnkd.in/dBGrnQkt

When buying shoes, have you thought about adding some socks as well? If not, why not? Pairing both ensures your feet are fully taken care of with matching socks and shoes. Plus, it's an ideal gift combo, especially with the holiday season just around the corner! Don't Think Too Much — go for it! #cusomsocks #customshoes #sock101 #promotionalproducts #promoindustry #freemockups #pmscolormatching #lowminimums #customproducts

𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐝𝐨𝐰𝐧 𝐣𝐚𝐜𝐤𝐞𝐭 𝐦𝐚𝐫𝐤𝐞𝐭 Valued at 𝐔𝐒$ 𝟖𝟖.𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑, the market is set to skyrocket to 𝐔𝐒$ 𝟑𝟑𝟐.𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐, with an impressive 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟏𝟓.𝟗% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟐. This substantial growth underscores the increasing demand for high-quality, durable outerwear in the region. The future looks promising for both manufacturers and consumers as innovation and sustainability continue to drive the market forward. Stay tuned for more updates on this dynamic industry's expansion. 𝐁𝐫𝐨𝐰𝐬𝐞 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂:- https://lnkd.in/g2tWk6w7 #MarketGrowth #AsiaPacific #DownJackets #BusinessTrends #MarketForecast #ApparelIndustry

No longer do you have to settle for bulky, uncomfortable safety shoes. The Nexa 09 redefines what it means to conquer the workday, allowing everyone to do so with confidence, comfort, and a touch of style. Own your pair today. #torp #torpedo #safetyfirst #safetyshoes #SafetyShoesRevolution #Nexa09 #WorkdayConfidence #ComfortAndStyle #FootwearInnovation #WorkplaceComfort #SafetyFirst #StylishProtection #NexaFootwear #ConfidentWorkday

Discover the 1 year trend for number of men jeans styles offered by Pull & Bear UK from the period of Sep 23 - Aug 24 The maximum styles were offered in the month of May 24 To check out all special reports, please click here: https://lnkd.in/gsD8v2e *This covers only the online offerings made by the brand #FashionTrends #Womenswear #Denim #Pullbear #uk #MarketResearch #FashionInsights #ConsumerPreferences #2024