Companies
Kenya to create 70 000 jobs in the leather industry
According to Principal Secretary (PS) Betty Maina, Kenya’s government is focused on creating 70 000 jobs in the leather industry by 2022
Higher revenue but lower profit for Yue Yuen
The Hong Kong headquartered footwear group Yue Yuen announced revenue of 9.12 billion US dollars in 2017, representing a 7.6% increase year-on-year but profit attributable to owners of the company declined by 2.9%
A'RCOPEDICO’s universal language: comfort
A'RCOPEDICO is a trademark of Ropar SA Company, with headquarters in Vila do Conde, Portugal. Since 1966 the company has been focusing in an universal language: comfort
Finish line sales below forecast
The Indianapolis-based retail chain pre-announced fourth quarter and full year results. Same-store sales arrived below guidance
Shoe Carnival’s earnings at upper end of guidance
Shoe Carnival Inc. reported earnings rising by 30.1% on an adjusted basis, hitting the high end of guidance. Same-store sales dipped by 0.5%
Vietnam: footwear with strong development prospects
The idea was defended by Di?p Thành Ki?t, Deputy Chairman at Lefaso, the Vietnam Leather, Footwear and Handbag Association, in a two-day Vietnam Footwear Summit in HCM City
adidas: 1 million pairs of sneakers made from ocean trash
The Germany-based sportswear giant revealed that it has sold more than one million pairs of sneakers made ocean plastic with its partnership with Parley
Nike with robust earnings from digital sales
Nike reported financial results for its fiscal 2018 third quarter ended on the 28th February. Revenue growth was led by international geographies and Nike Direct globally
Kenneth Cole announces EMEA distribution deal
The American-based designer announced a regional footwear agreement with UK-based GBG Europe Footwear and Accessories Limited. GBG will grow Kenneth Cole's recognition in the selected territories
Kathmandu focus on international expansion
The outdoor equipment retailer has returned to international expansion with the acquisition of a US shoe wholesaler about three years after closing its unprofitable British stores
New Generation: meet Pedro Sampaio
With a degree in business management training, Pedro Sampaio belongs to the second generation working at Mazoni, a footwear company based in Felgueiras, in the north of Portugal
Genesco’s quarter boosted by Journeys
Net sales for the fourth quarter of fiscal 2018 increased by 5%, totaling 883 million US dollars, much driven by a 11% increase in the Journeys Group
New high in DSW annual revenue
The US-based company reported increasing revenue in the last quarter and in the full year, despite falling earnings in the fourth quarter with the impact of the charges to write down and exit its Ebuys business-
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