Footwear
Tariffs on footwear delayed to December
The US-China trade war has a new chapter. After Mr Trump announced added tariffs of 10% on the remaining 300 billion US dollars in goods from China, now their application on certain footwear items is delayed to December
World Footwear Yearbook 2019: shift in consumer patterns
The World Footwear Yearbook 2019 has been published by APICCAPS. Access the main highlights of the industry and read through 84 country profiles with statistics updated to 2018
Ferragamo with 4% increase in revenue
The Italy-based luxury group has announced first half results. Asia Pacific was confirmed as the group's top market. Other regions with mixed results in the period
Steve Madden acquires sneakers' brand GREATS
The designer and marketer of fashion footwear and accessories announced that it has completed the acquisition of privately held Greats Brand, Inc. footwear brand specializing in premium sneakers made in Italy
Crocs: revenue up by 9.4%
The US-based footwear company famous for its clogs announced second quarter results marked by revenue growth. Full year outlook is being increased as a result of the first half performance
Singaporeans spending less on clothing and shoes
The average household spent about 120 Singaporean dollars a month on clothing and footwear, down from about 160 Singaporean dollars in the 2012/2013 period. Data comes from a Government survey
Weyco with mixed quarter results
The Wilwaukee-based group announced financial results for the quarter ended on the 30th of June 2019. Net sales for the period down by 1%
Wolverine reports strong quarter earnings
The Michigan-based footwear group reported financial results for the second quarter ended on the 29th of June 2019. Wolverine also provided an update on its full-year 2019 outlook
An investment year for Capri
The UK-based group has announced first quarter results with total revenue growing by 11.9%. The management of the Capri Holdings reaffirmed this will be the year to invest heavily in the business
Aldo to eliminate single-use shopping bags
The Canada-based group's bagless initiative encourage customers to opt for an eco-designed shoebox. According to Aldo this will allow saving thousands of trees each year
Columbia Sportswear consolidates growth
The US-based sportswear company announced growth of 9% in the second quarter for net sales. The increase in the first half of the year amounted to 8%
VF raises full year outlook
The Colorado-based company reported first quarter results for the period ended on the 29th of June 2019. Management of the company is confident with the rest of the year and raised fiscal 2020 outlook
Lowa acquires Italy’s Riko Sport
The Germany-based sporting goods company has acquired the Italian shoe specialist Riko Sport S.r.l., a core supplier of Lowa’s footwear
Lefaso: Vietnam is already taking advantage of the US-China trade war
As the trade war between the two countries enters a new chapter, the worldfootwear.com spoke to Nguyen Duc Thuan, Chairman of Lefaso, the Vietnamese footwear association, to discuss this and other hot topics of the industry
President Trump announces more tariffs
The announcement was via Twitter yesterday: the US will impose added tariffs of 10% on the remaining 300 billion US dollars in goods from China. This decision can likely include all footwear from China-
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