News
The countdown for the Safety Footwear Revolution Week is on
From the 23rd to the 26th of November 2020 a fully digital and virtual conference is being organised by AMF SAFETY SHOES, TOWORKFOR, and ALOFT with an aim to discuss and reflect on 4 main revolutions impacting the Footwear Manufacturing sector
Premium Group cancels Berlin trade shows in January
Premium, Seek and Fashiontech will not take place in January. The Premium Group wants to focus on Frankfurt Fashion Week scheduled for July, as announced in a statement by Managing Partner Anita Tillmann
Genesco announces departure of CFO
The Nashville-based group announced that Melvin G. Tucker, Senior Vice President and Chief Financial Officer, has resigned his position, effective from the 27th of November, in order to pursue an opportunity outside of the company
Puma’s sales and profitability rebound in the third quarter
The sales of the Germany-based sportswear giant rebounded in the third quarter of 2020 and increased by 13.3%. Notwithstanding, Puma remains cautious for the fourth quarter given the evolution of the COVID-19 pandemic
The ultimate guide for fashion companies to build a digital presence
COVID-19 has accelerated the digitalisation of our lives and our businesses. More than simply having a site or a Facebook page, it is important to build an integrated digital presence, so, today we bring a list of key steps to bear in mind if you want to build a meaningful presence in the digital world
Tapestry with 14% decline in sales
Despite the falling sales performance registered in the first quarter of the new fiscal year, Tapestry says it is pleased with the achieved results, which are above the company's expectations
Wolverine declares quarterly dividend
The Michigan-based footwear group has announced its Board of Directors has declared a quarterly cash dividend of 0.10 US dollars per share of common stock
Footwear sales in the US expected to stabilize and bounce back slightly in 2021
The forecast is from the NPD Group, which estimates that fourth quarter sales are positioned to significantly improve over year-to-date trends
Skechers announces third quarter results
The California-based footwear company reported sales of 1.30 billion US dollars in the third quarter of the year, a 3.9% decrease year-over-year, but a 78.3% increase from the second quarter of 2020
Genesco appoints John F. Lambros to its Board of Directors
Lambros is President of GCA-US, a global investment bank. He serves as the head of GCA's digital media banking practice and is a member of its board of directors and executive committee. With this appointment Genesco's board now has eight members
adidas set to sell Reebok
Fashionnetwork is reporting, based on an article by German Manager Magazin, that adidas is planning to sell its Reebok division
YFF debuts in Milan
Portuguese-based brand YFF - Young Fashion Footwear - presented itself to the world in Milan, during the last edition of Micam, for the first time
Joanne Crevoiserat is Tapestry's new CEO
The New York-based house of luxury accessories and lifestyle brands announced that its Board of Directors has appointed Joanne Crevoiserat as Chief Executive Officer, effective immediately
Crocs: third quarter revenue grew by 16%
Revenue totaled 361.7 million US dollars, an increase of 15.7% from the same period last year, or 15.9% on a constant currency basis. E-commerce revenue grew by 36.3%, while wholesale increased by 12.4% and retail went up by 8.9%
Success Road: social partners as key actors in assisting the transfer process of EU family business
Last week, the Interreg Europe Success Road project consortium met virtually with Spanish public and private stakeholders to debate on the role of social partners in facilitating the transfer process of EU family businesses
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