World Footwear

Shoes

Steve Madden acquires sneakers' brand GREATS

Aug 12, 2019 / United States
The designer and marketer of fashion footwear and accessories announced that it has completed the acquisition of privately held Greats Brand, Inc. footwear brand specializing in premium sneakers made in Italy

Crocs: revenue up by 9.4%

Aug 12, 2019 / United States
The US-based footwear company famous for its clogs announced second quarter results marked by revenue growth. Full year outlook is being increased as a result of the first half performance

Weyco with mixed quarter results

Aug 9, 2019 / United States
The Wilwaukee-based group announced financial results for the quarter ended on the 30th of June 2019. Net sales for the period down by 1%

Wolverine reports strong quarter earnings

Aug 8, 2019 / United States
The Michigan-based footwear group reported financial results for the second quarter ended on the 29th of June 2019. Wolverine also provided an update on its full-year 2019 outlook

Aldo to eliminate single-use shopping bags

Aug 8, 2019 / Canada
The Canada-based group's bagless initiative encourage customers to opt for an eco-designed shoebox. According to Aldo this will allow saving thousands of trees each year

VF raises full year outlook

Aug 7, 2019 / United States
The Colorado-based company reported first quarter results for the period ended on the 29th of June 2019. Management of the company is confident with the rest of the year and raised fiscal 2020 outlook

President Trump announces more tariffs

Aug 2, 2019 / United States
The announcement was via Twitter yesterday: the US will impose added tariffs of 10% on the remaining 300 billion US dollars in goods from China. This decision can likely include all footwear from China

New deal between Turkish-based FLO and Nine West

Jul 31, 2019 / Turkey
Turkey-based footwear company FLO acquired the licensing rights of fashion brand Nine West. The Turkish press is reporting they will now produce to the local market and take over the Nine West stores as well

Under Armour updates 2019 full year outlook

Jul 31, 2019 / United States
The Baltimore-based sportswear brand has announced financial results for its second quarter with a 1% rise in sales to 1.2 billion US dollars. Footwear represents roughly a quarter of total revenue

Kering: strong growth in revenue

Jul 29, 2019 / France
The French-based luxury group has announced two digit growth for the first half of the year with 18.8% for year on year revenue growth

Caleres is relaunching and rebranding Zodiac Footwear

Jul 29, 2019 / United States
Acquired by Caleres in 2005, the new Zodiac collection has undergone a contemporary transformation, blending the past with the present. Caleres aims to keep the brand true to its bohemian and western-inspired roots

Alpargatas downsizes business in Argentina

Jul 25, 2019 / Argentina
The Brazil-based footwear manufacturer sold its operations in Argentina. The amount of the deal should amount to roughly 3.3 million euros (14 million Brazilian reais)

China's GDP growth slows to 27-years low

Jul 24, 2019 / China
The economic growth of the Asian giant slowed to 6.2% in the second quarter of the fiscal year, reflecting the weakest pace in the last decades. The US-China trade war is starting to pressure economic growth, analysts say

Manolo Blahnik buys footwear manufacturer

Jul 24, 2019 / Spain
Luxury footwear designer Manolo Blahnik bought Calzaturificio Re Marcello, founded in 1938 and located in Vigevano (province of Pavia). The company has been manufacturing shoes for Manolo Blahnik since 1990

Heitor Klein (ABICALÇADOS): EU-Mercosur brings challenges but will result in gains for all

Premium ContentJul 22, 2019 / Brazil
The words are from Heitor Klein, the man who headed Abicalçados in the last 6 years. As Klein prepares to step down from the Presidency, we took the opportunity to discuss the main trends of the footwear industry and bring you the highlights of that conversation today
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