World Footwear

Footwear

Asics wants to make soles in a microwave

Nov 6, 2017 / Japan
The Japanese brand is testing a new way to produce the midsoles of sneakers with microwave technology. Asics believe this can lead to usage of 90% less energy than standard production techniques

Aldo Camuto deal is off

Nov 3, 2017 / Canada
The acquisition of the footwear business of the Camuto Group by footwear company Aldo is not progressing. Aldo announced it saying both parties have decided not to pursue. Both brands plan to continue working as partners

Athleisure products drive Stella’s growth

Nov 3, 2017 / Hong Kong
The Hong Kong based footwear giant has announced volumes increasing by 4.1% in the third quarter, with revenue down by 2.5%. The first nine months registered increases in both volume and vale much driven by the athleisure segment

Net sales at Steve Madden up by 8%

Nov 2, 2017 / United States
The US-based footwear brand has announced the results for the third quarter. Sales increased by 8% compared to similar period last year. The company is keeping the guidance for the full year

Cambodia's garment and footwear exports growth slows down

Nov 1, 2017 / Cambodia
The country’s garment and footwear exports grew at a slower pace in the first half of the year, possibly due to stronger competition from neighboring countries, such as Vietnam and Myanmar

Under Armour lowers outlook for the year

Nov 1, 2017 / United States
The US-based sportswear giant has announced third quarter results. Several challenges have resulted in revenue below expectations. Under Armour lowered the outlook for the full year

Obuv Rossii raises 100 million USD in IPO

Nov 1, 2017 / Russian Federation
One of the main players in the mid-price footwear segment in Russia has held an IPO on the Moscow Exchange, raising 100 million US dollars in the operation

Vietnam footwear exports on the rise

Oct 31, 2017 / Vietnam
According to Lefaso, the local association, Vietnam’s footwear exports in the first half of the current year have reached 7.06 billion US dollars, a 13.2% increase from similar period last year

Milton Ricardo, the art of making shoes

Oct 30, 2017 / Portugal
A brand born within company Calçados Tulipa Negra, based in Guimarães, in the north of Portugal, one of the regions with a large presence of the footwear industry

Weyco posts declining sales but has improving earnings

Oct 27, 2017 / United States
The Milwaukee-based footwear company has announced financial results for the quarter ended on the 30th of September

Khadim India IPO opens in November

Oct 26, 2017 / India
The India-based footwear retailer will have a three days initial public offering period with an aim to raise capital, now that its private equity fund is leaving the business

Deckers raises guidance for the full year

Oct 26, 2017 / United States
Despite a minor decline in net sales registered in the second quarter, an improvement of the gross margin of the group has contributed to an renovated guidance for the rest of the year

Puma lifts outlook for third time this year

Oct 25, 2017 / Germany
The Germany-based sportswear giant announced another quarter exceeding expectations, with growth across all business segments. Guidance for the ful year is being uplifted again

adidas largest flagship store opens in Chicago

Oct 25, 2017 / Germany
The sportswear giant just opened its newest flagship in Chicago: the largest adidas Originals store in the world. A limited-edition EQT ADV SUPPORT Wicker Park shoe was created for the Chicago store

From Fashion to Factory: A New Technological Age

Oct 24, 2017 / UITIC
The theme of the 20th UITIC Congress was selected to reflect the current moment of constant technological change impacting the worldwide industries and to reflect on its influence in the footwear industry
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