Companies
Rocky Brands with 18% increase in retail sales
The Ohio-based footwear and apparel company has reported a good start into 2019, with a 7.4% increase in net sales. Two digits growth was registered for retail sales
Nordstrom reports decline in profits
In the first quarter of the year, the company's net sales decreased by 3.5%. From similar period in 2018, net earnings declined from 87 million US dollars to 37 million US dollars
Burlington Stores announces succession plan
The New-Jersey based off-price department store retailer announced a series of managerial changes as part of their succession plan
Ferragamo returns to growth
The Italian luxury house seems to be on its way to recovey, as it posted increasing revenue and net profit for the first quarter of the current fiscal year
Under Armour consolidates growth
The US-based footwear, sports, and casual apparel brand announced financial results for the first quarter ended on the 31st of March. Period was marked by 2% growth in revenue
Skechers appoints Katherine J. Blair to Board of Directors
The US-based giant has named Katherine J. Blair to its Board of Directors as an independent member. The appointment brings the total number of directors to ten, including six independent members
Kohl’s expands network of Amazon returns
Amazon customers will now have free, easy returns in all Kohl’s stores. The new functionality will be rolled out to all network of Kohl's locations this summer
Tod's revenue declines
Consolidated sales for the Italian-based group amounted to 216.4 million euros in the first quarter of 2019, down by 4.3% from similar quarter in 2018
China’s Green Harbor acquires Jason Wu
Chinese private equity firm Green Harbor Investment has bought a majority stake in the parent company of New York’s Jason Wu. The American fashion brand is aiming at the booming Chinese luxury market
Wolverine reaffirms full-year outlook
The Michigan-based footwear giant reported financial results for the first quarter of the year (ended on the 30th of March). Wolverine also provided an update on its key 2019 investments and full-year 2019 outlook
New Generation: meet Bruno Queirós
Fashion is a long-time passion of Bruno Queirós, who has been a model and recently decided to launch a footwear brand. He is the face of The Baron’s Cage, a male footwear brand that promises to revolutionize the market
Bolflex's focus on recycled and vegan materials
The Portuguese-based company specialized in footwear components has just launched into the market new vegan and recycled products. Currently, the company's business model is based on three keywords: reduce, reuse and recycle
David W. McCreight appointed to Wolverine Board of Directors
The Michigan-based footwear giant announced the retirement of Joseph R. Gromek from the company’s Board of Directors, and the appointment of a new Board member, David W. McCreight-
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