World Footwear

Companies

Bata marks 1st year in Philippines

Dec 18, 2017 / Philippines
The global footwear brand Bata is celebrating its first anniversary in the Philippines market

India's new programme for leather and footwear

Dec 15, 2017 / India
The government approved a special package of roughly 404.7 million US dollars (Rs 2 600 crore) for employment generation in the leather and footwear sector, which has the potential to generate 320 000 jobs in a period of three years

Better than expected month for athletic footwear

Dec 14, 2017 / United States
According to the NPD Group’s, US athletic footwear sales were better than expected in November, likely driven by the unprecedented promotional environment

Ferragamo unable to confirm objectives

Dec 14, 2017 / Italy
The Italy-based luxury brand Salvatore Ferragamo issued a statement confirming it won’t be able to confirm the goals set for the next three years. 2018 will be another transition year

Portugal wins best footwear design

Dec 13, 2017 / Portugal
For three days, Porto was the host of the Fashion Design Competition, an initiative aimed at young footwear and clothing designers of some of the most important European fashion schools

VF Corporation with new sustainability & responsibility strategy

Dec 12, 2017 / United States
The North Carolina-based lifestyle apparel, footwear and accessories company announced its new global sustainability and responsibility strategy, Made for Change. VF aims to lead industrywide environmental and social improvements

Bata upgrades unit in Zimbabwe

Dec 7, 2017 / Zimbabwe
Footwear group is investing in the country’s unit in Gweru with an aim to improve its efficiency and diversify its portfolio of products

Former Stuart Weitzman CEO back in business

Dec 7, 2017 / United States
Executive Wayne Kulkin, former CEO of Stuart Weitzman, re-enters the global footwear market with renewed focus on designing and marketing luxury sneakers under the brand StreetTrend LLC

Yue Yuen reports revenue up by 6.7%

Dec 6, 2017 / Hong Kong
The Hong-Kong-based company has announced its results for the first nine months of the year. Revenue continues to increase, with a major contribution from the retail segment (+19.4%)

The recovery of Russian imports

Dec 5, 2017 / Russian Federation
In the first semester of 2017, footwear imports by Russia increased by 41.9% in volume and by 32.6% in value. After the growth registered in 2016, the country seems to be on the recovery path

23% drop for Genesco's earnings

Dec 4, 2017 / United States
Despite reporting stable revenue for the third quarter (+0.8%), Genesco confirmed declined earnings for the period. The company lost one fifth of its earnings

Vivarte sells Merkal Calzados

Dec 4, 2017 / Spain
The sale of the Spanish footwear brand to British private equity firm OpCapita is part of the ongoing restructuring program of the French retailer

Flex’s new factory to add thousands of jobs

Dec 1, 2017 / Mexico
The multinational manufacturer expects to create 6 000 jobs at its new plant in Jalisco. The new factory will be dedicated to make high-tech footwear for Nike

Birkenstock named Brand of the year

Dec 1, 2017 / Germany
The recognition was given at the Annual Footwear News Achievement Awards in New York city. This marks the second time the German brand receives such top honor, after also being awarded in 2013. The prize was received by Birkenstock  Global CEO, Markus Bensberg, and Birkenstock Americas CEO, David Kahan

Aldo and Global Citizen team up to drive access to education

Nov 30, 2017 / Canada
Aldo, a global player in fashion footwear and accessories, is joining forces with Global Citizen, an international advocacy organization. As a result, a limited edition of the Mx. sneakers is being launched to take a stand on equal access to education with their Give Back, Move Forward campaign
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