Shoes
The recovery of Russian imports
In the first semester of 2017, footwear imports by Russia increased by 41.9% in volume and by 32.6% in value. After the growth registered in 2016, the country seems to be on the recovery path
23% drop for Genesco's earnings
Despite reporting stable revenue for the third quarter (+0.8%), Genesco confirmed declined earnings for the period. The company lost one fifth of its earnings
Flex’s new factory to add thousands of jobs
The multinational manufacturer expects to create 6 000 jobs at its new plant in Jalisco. The new factory will be dedicated to make high-tech footwear for Nike
Birkenstock named Brand of the year
The recognition was given at the Annual Footwear News Achievement Awards in New York city. This marks the second time the German brand receives such top honor, after also being awarded in 2013. The prize was received by Birkenstock Global CEO, Markus Bensberg, and Birkenstock Americas CEO, David Kahan
Portuguese Shoes: a new cool
APICCAPS, the Portuguese Footwear Association, presented the new communication campaign for 2018. Portuguese Footwear has a younger and refreshed look to reach a new generation of consumers
Clarks' new in-store tracking inventory system
The aim of the footwear manufacturer and retailer is to improve the in-store response times and assistant productivity. The system is based on in-store tablets for staff
Head for footwear leaves Under Armour
Peter Ruppe leaves the company after two years as the head Under Armour's footwear segment. Ryan Drew will replace him
Alpargatas continues to decline
The Brazil-based footwear manufacturer, known by its casual footwear, posted another quarter with declining net revenue across all geographies
Caleres keeps on the growing path
Despite the impact of the hurricanes and the warm fall, the US-based footwear group posted positive growth of 5.8% in sales in the third quarter. Annual guidance was reaffirmed
adidas appoints new managers for Europe
The Germany-based sportswear group has appointed new General Managers for its operations in important Europe markets. France, Italy and Iberia will have new business heads
Ferragamo loses 25% of profits
The Italy-based luxury brand has posted a decrease in revenue for the quarter and for the accumulated in the year. Decline in profit for the first nine months of the year reaches the 25% threshold
Declining sales at J.Crew drive stores closures
J.Crew Group posted another decline in sales in its third quarter, despite strong sales from Madewell, which continues its positive contribution to the group’s performance. More stores expected to close
DSW results impacted by the weather
Net sales increased slightly in the third quarter. Results were impact by the hurricane season and the company has adjusted the outlook for the year, as a result
The European industry needs to attract young people
This is the belief of Dr. Lívia Palicska, President of the Association of Hungarian Light Industry. Given her deep knowledge and experience the worldfootwear.com wanted to know about her views on the state of footwear industry in Hungary and in Europe-
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