Companies
Foot Locker invests in children's footwear business
After a strong third quarter, Foot Locker announced it would be investing more in the business. The first strategic move is the acquisition of a minority stake in Super Heroic, Inc., a lifestyle brand focused on the young segments
Vivarte: restructuring is over
The words are from Patrick Puy, Vivarte CEO. The French-based group announced the final results for financial 2018, marked by a reduction of the net loss and the group's financial debt
Grendene: results in line with 2017
The Brazil-based footwear group announced results for the first 9 months of 2018 in line with similar period in 2017. A strong decline in the net profit was caused by a fall in the interest rates
Indian exports go up
The country's exports of leather, leather products and footwear have increased by 5.25% (value in rupee) during the period April-October as compared to similar period last year
Strong results by Wolverine
The Michigan-based footwear giant reported a strong set of results for the third quarter of the current fiscal year. Wolverine decided to raise the full-year earnings outlook
Michael Kors results surpass expectations
Second quarter results for the Michael Kors Group exceed expectations. While the Michael Kors brand performed flat compared to the prior year, Jimmy Choo results were better than anticipated
ICC invests 2 million euros to double production
Portuguese footwear company ICC, specialized in the production of professional footwear, is investing two million euros in its facilities with the goal of doubling production
Longchamp welcomes new people
As dozens of workers retire every year the premium French leather goods label is looking to welcome new people for their workshops. No specific skills are required, besides motivation
Nike beats expectations
The Oregon-based sportswear giant reported earnings rising by 10.4% in the second quarter. A 9.6% revenue gain was registered. Earnings and revenues both topped expectations as margins improved and strong sales were witnessed in North America and China
Shoe Carnival: sales increase by 4.5%
US-based footwear retailer Shoe Carnival reported third quarter financial results with comparable store sales increasing by 4.5%. Company raised the oulook for the 2018 Fiscal Year results
Tod's shares spike
Regulatory documents indicate that a holding linked to Chairman Diego Della Valle have committed to buy up to 5% of the luxury group's shares. As a result Tod's shares value immediately increased
Shoe Carnival with new share repurchase program
The US-based footwear retailer announced a new 50 million US dollars share repurchase program. The company also announced it will pay a quarterly cash dividend of 0.08 US dollars per share
Non EU-markets stimulate Spain's exports
In the first nine months of 2018, Spanish footwear exports reached 2.1 billion euros and 122.7 million pairs. Although the EU markets are the main destination for Spanish footwear, non-EU markets have been the more dynamic ones. Information was released by FICE-
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