Companies
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
UITIC to present shoes made without stitching
In a joint press conference held in Hong Kong, during APLF, the UITIC Executive Committee, APICCAPS and CTCP, announced the first speakers of the 20th edition of the UITIC Congress, taking place in Porto, from the 16th to the 18th May
VF to acquire Altra
The North Carolina-based company, specialised in branded lifestyle apparel, footwear and accessories, and ICON Health & Fitness, Inc. announced they have signed a definitive purchase agreement for the Altra footwear brand
Nordstrom invests in digital technology
With the aim to further integrate technology across its business, Nordstrom announced it has closed deals to acquire two leading retail technology companies: BevyUp and MessageYes-
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