Footwear Industry Articles
- Falke: Clawing back market share with Mikado brandPretoria, Gauteng, SA – Over the past year, Falke Hosiery SA has been repurposing its Mikado stocking hosiery brand to include a medium-price sock range aimed at the domestic market.While over 80% of its Falke-branded technical sock production – which includes sports socks for running, skiing and hiking, with patented left- an ...moreTifosi: Getting It ONWas the expo well organised? Siphiwe Maseko: From set up everything went well, our setup crew were there to assist on the set up and any changes to be made on the spot were fulfilled swiftly to make sure the display was in order. The Expo started on time and the influx of runners brought the vibe. The organisers made it to manoeuvre the e ...moreThe non-athletic exhibitors at ComradesThe Department of Trade, Industry and Competition sponsors local manufacturers of non-sports products to exhibit at the Comrades Expo. This year, that group included: ...moreWaterkloof Golf Club opts for petrol carts over electricPretoria, Gauteng, SA – Waterkloof Golf Club has opted for reliability and ease of operation of its golf cart fleet as it switches to petrol-powered Club Car carts with roomy and comfortable interiors for its members.The new carts are made in the USA with large-framed golfers in mind and boast advanced suspension setups to soak up a ...moreBirkenstock shines, but let’s not forget the journeyBirkenstock’s recent performance is impressive. Some key financial highlights for the three months ended March 31, 2024, compared to the three months ended March 31, 2023, include:* Revenue of €481.2 million, representing an increase of 23%.* Strong double-digit revenue growth across all segments, including reven ...moreHoka — from running niche to lifestyle phenomenonA Story of Growth and TransformationHoka, founded in 2009 in France and acquired by Deckers Brands in 2013, has revolutionized the athletic footwear market with its signature “maximalist” shoes featuring oversized midsoles. Its annual sales for the year ending March 31, 2024, reached $1.807 billion, a 27.9% surge, showcasing i ...moreUnder Armour’s struggle to regain its premium statusUnder Armour, once a leading athletic apparel brand, has been facing a significant decline in sales and profitability. Despite a healthy turnover of $1.33 billion for the period ending Q4 2024, the company’s sales have dropped by 5% compared to the same period last year. Additionally, its net income has plummeted to $6.6 million fro ...moreRetirement: ‘A long and mostly enjoyable journey’Durban, KZN, SA – After 33 years at the Leather Bargaining Council and at the ripe age of 63 years, the curtains have finally come down. My stint as the General Secretary of the Council and Principal Officer of the Leather Industry Provident Fund comes to an end on 31 May 2024.I had a long journey that was mostly enjoyable and at ti ...moreHi-Tec acquisition of Trappers – incremental improvements, not rapid growthThe acquisition of Trappers Outdoor by Hi-Tec Sports Distributors was reported in S&V Newsletter on 10 June. Here, Hi-Tec CEO Gary de Vogel replies to questions on the effect of the acquisition. ...moreTechnical running exhibitorsThe days when most running shoe and apparel brands had stands at the Comrades Expo are over. That side is now dominated by race sponsor Mr Price Sport, which runs a retail outlet at the fair. There were some running shoe and apparel brands exhibiting, including distributor Tifosi Sports, promoting the Swiss shoe brand, On, distributor Sti ...more© S&V Publications