Shoes
Brazilian footwear exports grew in November
According to data released by the Brazilian Shoe Manufacturers Association, footwear exports registered an increase of 4.7% in November in comparison with the previous month. From January to November, sales abroad declined by 11.3% compared to similar period last year
Traffic Shoes files for bankruptcy
The US-based shoe retailer and its related companies have filed for bankruptcy. Owner aims to close stores and restructure costs
Karl Vögele sells Austrian stores
The Swiss-based shoe retailer is refocusing its business model by concentrating in its 300 stores in the domestic market. An agreement to sell its 70 stores in Austria to Germany-based investment company, Lafayette Industrieholding was reached
Exhibition shows footwear designed for people with cerebral palsy
In total there are 12 prototypes of shoes, boots and sneakers, all designed bearing in mind the needs of people with cerebral palsy, and incorporating the concerns with the aesthetics
Under Armour launches connected fitness product portfolio
The US-based company announced its first connected fitness system, which includes a HealthBox Powered by the app UA Record and the brand’s first smart shoes
Crocs sues Evacol for patent infringement
The US-based company, famous for its clogs, has filed a lawsuit against a Colombian retailer, Evacol, claiming patent infringement
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
Ferragamo consolidates revenue
As of the 30th of September, the group has posted total revenue of 1 021 million euros, up by 7% at current exchange rates. Revenue growth at constant exchange rates was 1%
New Zealand’s view of the TPP
Back in October the US and 11 Pacific countries have reached an agreement regarding the region’s largest trade deal in its history, the Trans Pacific Partnership (TPP)
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
Nordstrom takes equity stake in Shoes of Prey
As a result, the start-up focusing in customized fashion footwear has raised 15.5 million US dollars in equity capital and strengthened its partnership with the US-based fashion retailer
Bates Footwear secures US army contract
Bates, a division of Wolverine Worldwide, was awarded contracts by the US Defense Logistics Agency to manufacture its Temperate Weather Combat boots for the allied forces in Afghanistan
Kering closes the sale of Sergio Rossi
The Kering group has completed the sale of the Italian luxury shoemaker to InvestIndustrial
Sonae launches Zippy Philippines
Portugal-based multi-brand retailer Sonae has expanded its international activity to Asia by opening its first two Zippy stores in the Philippines
Tod’s consolidates sales
The Italy-based luxury goods group announced 3.1% growth in third quarter sales. For the nine months period sales increased by 5.1%-
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