World Footwear

Shoes

Niketown to open in Dubai

Nov 15, 2017 / United Arab Emirates
Nike will upgrade its retail offering in Dubai in 2018. A Niketow flagship store should open in the region next year

Aldo to continue investing in the Gulf region

Nov 13, 2017 / Middle East
The Canada-based shoe company Aldo will continue to invest in the Gulf region where it has a network of 185 stores

Skechers raises 1.8 million US dollars for kids

Nov 13, 2017 / United States
The 9th edition of Skechers Pier to Pier Friendship Walk raised more than 1.8 million US dollars for children with special needs and education, exceeding its goal. The walk reached a new record with more than 13 000 walkers and participants

Strong quarter for Wolverine

Nov 10, 2017 / United States
Reported revenue for the third quarter reached 581.3 million US dollars. Company congratulates itself for results above expectations and reaffirms outlook for the year at its upper end

Indonesian authorities call for quality, design and branding

Nov 9, 2017 / Indonesia
Ngakan Timur Antara, Head of the local Agency for Industrial Research and Development, said it is important for the country’s footwear industry to improve several attributes in order to claim a bigger share of the global footwear market

Kering might be considering Puma’s sale

Nov 9, 2017 / United States
Luxury group Kering has appointed the financial services group Rothschild & Co. to handle the potential sale of Puma, the sportswear brand from the group’s portfolio

Grendene maintains targets

Nov 8, 2017 / Brazil
The Brazil-based company has announced net revenue up by 9.0% in the first nine months of the year. Despite the difficulties in the markets, the company says its business is performing well and will maintain the guidance for the year

New quarterly sales record for Skechers

Nov 7, 2017 / United States
The US-based sportswear giant has increased net sales by 16.2% in the third quarter of the year, reaching a new all-time high

DeGier, the dream of making the best shoes

Nov 6, 2017 / Portugal
DeGier was born with the dream and purpose of making top quality footwear while remaining faithful to the ancient craftsmanship techniques already in use in the company

Asics wants to make soles in a microwave

Nov 6, 2017 / Japan
The Japanese brand is testing a new way to produce the midsoles of sneakers with microwave technology. Asics believe this can lead to usage of 90% less energy than standard production techniques

Aldo Camuto deal is off

Nov 3, 2017 / Canada
The acquisition of the footwear business of the Camuto Group by footwear company Aldo is not progressing. Aldo announced it saying both parties have decided not to pursue. Both brands plan to continue working as partners

Athleisure products drive Stella’s growth

Nov 3, 2017 / Hong Kong
The Hong Kong based footwear giant has announced volumes increasing by 4.1% in the third quarter, with revenue down by 2.5%. The first nine months registered increases in both volume and vale much driven by the athleisure segment

Michael Kors completes acquisition of Jimmy Choo

Nov 2, 2017 / United States
Under the terms of the transaction, Jimmy Choo shareholders received 230 pence per share with a total transaction value of approximately 1.35 billion US dollars

Net sales at Steve Madden up by 8%

Nov 2, 2017 / United States
The US-based footwear brand has announced the results for the third quarter. Sales increased by 8% compared to similar period last year. The company is keeping the guidance for the full year

Cambodia's garment and footwear exports growth slows down

Nov 1, 2017 / Cambodia
The country’s garment and footwear exports grew at a slower pace in the first half of the year, possibly due to stronger competition from neighboring countries, such as Vietnam and Myanmar
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