World Footwear

Footwear

Negative month for Pakistan's footwear exports

Jan 14, 2019 / Pakistan
Although there was an increase in the number of pairs exported in November, the value of sales abroad in the period declined by 7.2%. Despite the negative month, the accumulated performance in the first five months is still positive

Nike Flex partnership ends

Jan 14, 2019 / Mexico
Back in October Flex's management confirmed that both parts have agreed to terminate Nike's footwear manufacturing operation in Guadalajara by the end of 2018

Expo Riva Schuh focus on new digital and fashion trends

Jan 11, 2019 / Italy
Garda is opening their doors from the 12th to the 15th to welcome the international players in the footwear sector and present the accessory trends for autumn/winter 2019/2020

DSW announces new brand Presidents

Jan 11, 2019 / United States
The Ohio-based designer, producer and retailer of branded footwear and accessories, announced the creation of several new executive positions, creating brand leadership following the 2018 acquisitions

Leather industry in India: clashes over definition of finished products

Jan 9, 2019 / India
Semi-finished leather makers asked permission for the exports of their products to be treated as finished leather with a view to increase the business. Leather garment and footwear manufacturers reacted immediately

adidas delivers strong third quarter results

Jan 8, 2019 / Germany
Revenue posted by the Germany-based sportswear giant for its third quarter increased by 8% currency-neutral and 3% in euro terms. As a result, adidas has increased its full-year outlook

Amazon with record holiday sales

Jan 8, 2019 / United States
The US-based ecommerce giant announced a “record-breaking holiday season” with athleisure cited as a “top trend”. Amazon registered more items ordered worldwide than ever before, with customers shopping at record levels from a wide selection of products across every department

Nike names G. Scott Uzzell Head of Converse

Jan 7, 2019 / United States
Effective from the 22nd of January G. Scott Uzzell will become President & CEO of Converse, Inc. Uzzell comes to Converse from The Coca-Cola Company where he most recently served as President, Venturing & Emerging Brands Group (VEB)

Columbia closes buyout of China joint venture

Jan 7, 2019 / China
As the new year started, Columbia Sportswear announced it has closed its buyout of the remaining 40% interest in Columbia Sportswear Commercial (Shanghai) Company, the joint venture in China with Swire Resources Limited

80 Sears and Kmart locations to close

Jan 7, 2019 / United States
Sears Holdings, in bankruptcy proceedings since October, revealed 80 more Sears and Kmart stores it plans to close in late March 2019

Foot Locker invests in children's footwear business

Jan 5, 2019 / United States
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

Jan 4, 2019 / France
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

Blake Nordstrom dies at age 58

Jan 4, 2019 / United States
The 58-year old co-President of Nordstrom, Blake Nordstrom, died early Wednesday morning. Blake's brothers, Pete and Erik Nordstrom, will continue as co-Presidents of the company

Pou Sheng boosts Yue Yuen

Jan 3, 2019 / Hong Kong
The Yue Yuen Industrial Holdings announced consolidated results for the nine-month period ended on the 30th of September. Revenue increased by 6.5% much driven by the performance of Pou Sheng, the group’s retail subsidiary

Grendene: results in line with 2017

Jan 3, 2019 / Brazil
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
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