The US-based fashion footwear brand announced preliminary sales results for the fourth quarter and fiscal year ended 31st December 2014 and updated its fiscal year 2014 EPS guidance
Reported future orders of the US-based company grew with a slower pace during the second quarter of the financial year, indicating a decrease in demand of their products
Exports of Pakistani footwear increased by 21.1% during the first five months of the current fiscal year (July-November), as compared to similar period in 2013
The Footwear Distributors and Retailers of America announced the hiring of two new staff with strong political background. This move is being seen as a strong intention to work on tariffs elimination
Modern luxury accessories and lifestyle company Coach announced the definitive agreement with private equity firm Sycamore Partners to acquire Stuart Weitzman. The transaction can reach up to 574 million US dollars
According to Abicalçados, the Brazilian Shoe Manufacturers Association, during 2014 worrying decreases were registered across all industry's indicators
The Brazil-based company posted consolidated net revenue up by 4.5% in the third quarter of the year. Net income totaled 17.2 million euros, down by 25% from similar period last year
The artist’s trainers, worn during its live tour in 2014 have been sold on ebay. Money obtained with the sale will benefit a non-profit music and mentoring programme for women