Shoes
Debt restructuring launched at shoemaker Alpina
The District Court in Kranj, Slovenia, has launched debt restructuring proceedings at footwear maker Alpina, after accumulation of a debt totaling 42 million euros
Giant footwear retailer Belle fears weak China’s economic performance
The company announced its results for fiscal year ending February 2014, with revenue up 1% and net income increasing 10%, but declared it fears that China’s slow growth forecasts might affect the company’s performance
Nanotechnologies applied to footwear in European project
The joint European consortium is looking into materials, components and footwear with enhanced comfort properties based on nanotechnologies
Skechers named Best Lifestyle Brand of the Year
Skechers USA, Inc. was elected at the Sports Trade Awards and adds this new and recent achievement to a year with multiple industry awards
Portuguese footwear designer Luís Onofre in interview
One of the most renowned Portuguese designers, with a considerable list of famous customers, Luís Onofre creates luxurious shoes that are currently sold in over 40 countries
Basketball related footwear accounts for one quarter of all athletic footwear sales in the US
According to the NPD Group, a global information company, basketball footwear was up 21% in an athletic footwear market (down 4% overall) in the 12 months’ period ending April 2014
Brazilian footwear industry shows worrying signs
According to Abicalçados exports were down 3.6% in the first 5 months of the year, while imports boosted (6.8% increase in the same period)
adidas teams up with Pensole to launch Earn Your Stripes
The initiative aims to attract aspiring designers to participate in an intensive design program created to find and develop the next generation of designers for adidas footwear
Nike’s net income rises driven by strong sales
Sporting goods giant reveals increase in fourth quarter sales boosted by growth in almost all regions. Full year performance with two digits growth (10% variation in revenue and net income growth)
Project Be Nature focus on developing sustainable products and materials
The project aiming to develop biodegradable leather with minor impact to the environment was a success, with the objectives completely met, and with the resulting materials and products already commercialized in the international markets
Russia increases footwear imports
During 2013 the Russian Federation imported 334 million pairs of footwear valued at 4 277.8 million USD, with quantities stable (0.7% variation compared to 2012) and growth in value (up by 6.9%). Exports registered solid two digits growth
Model Suki Waterhouse designs sneakers line for Superga UK
The 22 years old model has teamed up with footwear brand Superga to launch a capsule collection of shoes
Lawsuits put footwear companies on the spot
Skechers filed a lawsuit against Reebok International Ltd, alleging infringement of patents, and New Balance is taking action against Karl Lagerfeld’s brand
Ferragamo with continued growth
The group’s revenue for the three month’s period ending 31st March was up by 6.0%. Group net profit for the first quarter reached 26 million euros, 6.9% up from similar period in 2013-
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