World Footwear

Companies

Harvey Nichols has a repair service for luxury accessories

Oct 2, 2019 / United Kingdom
It is called The Restory and is an on-demand service offering modern after care for luxury fashion, starting with shoes, bags and leather goods. They are on hand to repair and restore the items

Office completes debt restructuring

Oct 2, 2019 / United Kingdom
South-Africa based Truworths announced that it has concluded an agreement to refinance the funding for its Office footwear retailer in the UK

Caleres updates strategic growth plan and financial targets

Oct 2, 2019 / United States
The US-based footwear giant underlined its focus on customer, products and innovation to ensure a winning strategy. Caleres also introduced its 2022 financial targets

Forever 21 files for bankruptcy

Sep 30, 2019 / United States
The fast fashion retailer of clothing and accessories filed for Chapter 11 bankruptcy. Forever 21 plans to close most of its stores in Asia and Europe

Skechers announces 85% reduction of plastic in its footwear packaging

Sep 27, 2019 / United States
The US-based footwear brand announced that since 2016 the use of plastic in its footwear packaging was reduced by 85% to 10% of its foot forms, all of which is recyclable

Asics extends partnership with IAAF until 2029

Sep 27, 2019 / Japan
The two entities announced the renewal of their partnership and Asics’s commitment to the world of athletics with the signing today of a new 10-year agreement as an Official IAAF Partner

Kering commits to full carbon neutrality

Sep 27, 2019 / France
The entire group is focusing on becoming carbon neutral within its own operations and across the entire supply chain. As a next step in its long-term commitment to sustainability, Kering will offset the Group’s annual Greenhouse Gas (GHG) emissions from 2018

LVMH's engagement with environment and biodiversity

Sep 26, 2019 / France
The group announced the acceleration of its commitments to protect biodiversity during an event held in Paris centred on the LVMH Initiatives for the Environment program (LIFE program)

VF updates long-term strategic growth plan

Sep 26, 2019 / United States
The Denver-based business provided an update to the company’s strategic growth plan and key initiatives to deliver long-term sustainable growth and value creation

Nike with new initiatives to tackle climate change

Sep 25, 2019 / United States
The sportswear giant has announced new initiatives of the Move to Zero program. Nike claims this translates their aggressive effort to combat climate change

Pentland Brands targets international growth

Sep 25, 2019 / United Kingdom
The UK-based company has announced new executive team responsibilities, and a new Chief Marketing Officer, to help drive the international growth of its portfolio of sports, outdoor and active brands

Nike with another strong quarter

Sep 25, 2019 / United States
Revenue increased to 10.7 billion US dollars in the first quarter, up by 7% on a reported basis and up by 10% on a currency-neutral basis, driven by growth across all geographies

Farfetch sued for allegedly misleading shareholders

Sep 25, 2019 / United States
The online luxury fashion retail platform is at the centre of a multiple lawsuit over allegation of misleading shareholders in its Initial Public Offering (IPO)

2018: a year of growth for the footwear industry

Sep 24, 2019 / World Footwear Yearbook
The year 2018 was marked by the positive dynamics initiated in 2017, following two years of stabilization. Footwear production and exports grew by 2.7% and 4.3%, respectively. Data is from the World Footwear Yearbook 2019 published by APICCAPS

Is your footwear business sustainable?

Sep 24, 2019 / China
The 8th Global Footwear Sustainability Summit, focusing on the sustainability theme within the footwear business, was organized by Shanghai Copex Global and took place in Shanghai
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