Companies
A.Testoni bought by Hong Kong-based Sitoy
Italian luxury footwear label A. Testoni has been bought by Hong Kong group Sitoy, a high-end leather goods manufacturer and distributor. Sitoy is also Testoni’s distribution partner for Greater China
VF appoints new Vans Head for Europe
VF Corporation, a branded lifestyle apparel, footwear and accessories, appointed Stefano Saccone to the position of Vice President, General Manager of Vans, EMEA. Saccone will lead the brand and its business across the EMEA region from the 1st of April 2019 onwards
Top line momentum for DSW
The Ohio-based designer, producer and retailer of footwear and accessories, announced financial results for the three months period ended on the 3rd of November. Total revenue increased by 17.2% in the period
Farfetch acquires Stadium Goods
With this acquisition of the sneaker and streetwear marketplace, Stadium Goods, Farfetch will expand its offering in the premier sneaker and streetwear category, which is part of the fast-growing premium sportswear market
American footwear industry applauds trade war ceasefire
The Footwear Distributors & Retailers of America (FDRA) applauded the move by the Trump administration to suspend new trade tariffs
Saucony appoints Chief Marketing Officer
Saucony, a division of Wolverine Worldwide Inc., announced that Don Lane has been named Chief Marketing Officer, effective immediately
Caleres: strong Famous Footwear sales
The St. Louis-based footwear giant lifted its guidance after a solid third quarter that saw the company get a boost from Famous Footwear. This was also the period where they have announced the acquisition of Vionic
Dick’s Sporting Goods raises guidance
The Pittsburgh-based company raised full-year 2018 earnings per diluted share guidance after reporting strong third quarter results
Cyber Monday with sales record
Adobe's most recent report concluded that on Cyber Monday overall sales reached 7.9 billion US dollars. Sales coming from smartphones hit all-time high with over 2 billion US dollars. The buy online, pickup in-store was up by a record 50%
Deckers raises guidance for the year
The California-based giant focusing in designing, marketing and distributing footwear, apparel and accessories, announced financial results for the second fiscal quarter and updated the financial outlook for the full fiscal year
Nigeria: local association urges government to act on imports
The Leather Products Manufacturers Association of Abia State (LEPMAAS) has urged the Nigerian Government to urgently tackle threats posed by imported shoes, bags and belts to local manufacturers
Foot Locker gathers the industry
The US athletic industry got together for the occasion of the 18th Annual On Our Feet Fundraising Gala, organised by the Foot Locker Foundation
New Generation: meet Catarina Pedroso
Get to know Catarina Pedroso, the mind behind Balluta Shoes: a brand that aims to revolutionize the market
Deckers: sales exceed expectations
Net sales for Deckers Brands increased by 4% in the second quarter of the company’s fiscal 2019, totaling 501.9 million US dollars against 482.5 million US dollars in similar period of the previous fiscal year
Double digit growth for Puma' sales and profitability
In the third quarter sales increased by 14% currency-adjusted to 1 242 million euros (+11% reported) with double-digit growth in the Americas and Asia/Pacific regions. Profitability also grew at two digit's rates-
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