Investment
adidas intensifies activities in China with Wand Group partnership
The Germany-based sports giants deepened commercial ties and agreed to cooperate on developing IRONMAN, football and basketball in China and worldwide
Footwear could benefit from UNIDO’s new programme in Indonesia
The United Nations Industrial Development Organisation (Unido) has announced a new country programme for Indonesia. It will run in the period 2016-2020
Wenzhou and Li & Fung sign 80 million US dollars agreement
The footwear trade deal was announced at the end of the four-day trade promoting activity 2016 Hong Kong and Wenzhou Economic and Trade Investment Cooperation Week
adidas looking for buyers for its golf business
The Germany-based group announced it will focus on further strengthening its golf footwear and apparel business through the adidas Golf brand
Crocs expands #FindYourFun global marketing campaign
The second year of the campaign celebrates the iconic Crocs clog and showcases new footwear styles for the whole family
Kenya to promote investments in the leather industry
The African country plans to promote investment initiatives for its leather industry in order to boost local production
Shiekh Shoes acquires Karmaloop
The California-based footwear and apparel retailer has announced the new stage of its expansion plans
19th UITIC Congress with record participation
A record number of delegates marked the latest edition of the UITIC congress: 596 delegates, including 174 international participants from nearly 30 countries, attended the event, which was held in Chennai
Foot Locker announces capital spending for 2016
The US-based specialty athletic retailer announced that its Board of Directors had authorized two capital allocation initiatives that will elevate investment in the business operations and provide additional returns to shareholders
DSW acquires Ebuys
The Ohio-based branded footwear and accessories retailer announced that it has entered into a definitive agreement to acquire Ebuys, a leading e-commerce off-price footwear and accessories retailer
Kurt Geiger acquired by Cinven
One of Europe’s largest retailer of luxury footwear was sold to Cinven. Amount involved in the deal reached 245 million British pounds
Tata International to strength African footprint
The global trading and distribution arm of the Tata Group is planning to expand its presence in the continent by entering Angola and Ethiopia
New funding for Zimbabwe’s leather industry
The African Development Bank approved a new project for the country's beef and leather value chain
Panafrica reaches crowdfunding goal in its first day
Within eight hours following its launch, the France-based company saw its project reaching the goal of securing a minimum of 200 pre-orders and has now set up a new goal
Lavoro presents two million euros expansion plan
The Guimarães-based company, specializing in the manufacture of professional footwear, is preparing an expansion plan for the international markets. Its presence at the recent edition of the A+A trade fair was a success with the presentation of the new updates coming from Spodos-
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