World Footwear

Companies

adidas uses more than 50% recycled polyester in its products

Jan 28, 2020 / Germany
This year adidas reaches a significant milestone on their road to sustainability: in 2020, for the first time, more than half of the polyester used in adidas products will come from recycled plastic waste

Louis Vuitton to open its largest store in Japan

Jan 28, 2020 / United States
The main brand of the LVMH's portfolio, Louis Vuitton, will open its largest store in Japan in Osaka in February. At the same time the brand will open its first cafe and restaurant

12 Timberland stores to close across the UK

Jan 27, 2020 / United Kingdom
Outdoor clothing and footwear brand Timberland together with their retail partner 73 Retail are closing 12 stores across the UK. Other closures impacting The North Face and Havaianas

Former Crocs CEO and son launch injection-moulded footwear brand

Jan 27, 2020 / United States
The former CEO of the Colorado-based footwear brand Crocs and his son have created Joybees, a Denver-based company making injection-moulded footwear

EU-Vietnam FTA gets green light in trade committee

Jan 24, 2020 / European Union
The Committee on International Trade gave its consent to the free trade agreement (FTA) by 29 votes, six votes against and five abstentions and recommends that the EP Plenary should do the same

New Generation: meet Filipa Couto

Jan 24, 2020 / Portugal
With a Bachelor Degree in Clinic Psychology and a Master in Business Management Filipa has choosen the challenge to take on her family business. An invitation from her father has made her the second generation working at Trofal

Woolworths changes CEO

Jan 23, 2020 / South Africa
Woolworths' CEO Ian Moir has resigned and Roy Bagattini, President of Levi Strauss' American operations will fill the position

Brand Velocity Partners acquires Original Footwear

Jan 23, 2020 / United States
Private equity firm Brand Velocity Partners, focused on acquiring lower-middle market consumer businesses, announced it has purchased the iconic brand Original Footwear

Bardot to have major restructure

Jan 22, 2020 / Australia
The brand, which went into voluntary administration in November, will close 58 stores over the next two months. 530 employees expected to be impacted

Puma signs first American professional soccer team

Jan 22, 2020 / United States
New Mexico United will become the first American professional soccer team to partner with Puma

Louis Vuitton and NBA in partnership

Jan 22, 2020 / France
The France-based luxury label has announced a partnership with the US National Basketball Association (NBA). Louis Vuitton will also become the official Trophy Travel Case Provider

Genesco with 2% increase in comparable sales

Jan 21, 2020 / United States
The Nashville-based company announced that comparable sales, including both stores and direct sales, increased by 2% for the quarter-to-date period ended on the 9th of January 2020

JD Sports with positive holiday sales

Jan 20, 2020 / United Kingdom
The sports-fashion retail company based in the UK announced an update on performance following the Christmas trading period. A positive like for like trend was registered

Nike donates 5 million US dollars to Obama Presidential Centre

Jan 20, 2020 / United States
The Nike Foundation is donating 5 million US dollars to create a public athletic facility in the new Obama’s Presidential Centre

Geox: sales down in 2019 and a complex context

Jan 20, 2020 / Italy
The brand’s revenue amounted to 805.9 million euros in 2019, decreasing by 2.6%. Revenue from the footwear segment, which accounts for 89.4% of the consolidated turnover, totalled 720.8 million euros, down by 3.1%
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