Companies
Kohl’s announces CEO succession plan
The Wisconsin–based company announced Kevin Mansell, Kohl’s Chairman, CEO and President will retire in May. Michelle Gass will take the CEO role at that time and Sona Chawla, Kohl’s COO, will assume the role of President
Obuv Rossii plans IPO
The Russia-based footwear retail group Obuv Rossii has announced an initial public offering (IPO) of its ordinary shares. As a result, 60% of the company’s shares should be available on the Moscow Stock Exchange
Here to stay, more stories of young brands
They are born in the minds of young entrepreneurs. Some have family ties with the footwear industry, others were simply carried along by their love for shoes. Today we bring you 3 more of these young brands
Crocs India to quadruple number of stores
The famous clog brand is focusing on the expansion of its retail network in India, the 3rd largest footwear consumer in the world, according to the World Footwear Yearbook
adidas is number 2 in the US
The Germany-based sportswear brand has now reached the second place in the sports footwear segment in the US, the largest importer of footwear in the world
Nominations for Deckers’ Board of Diretors
Marcato Capital Management, a key investor in Deckers Brands, has nominated 10 candidates to replace the Board of Directors of the footwear group
Aerosoles plans store closures
After announcing it had filed for bankruptcy protection the footwear chain Aerosoles is working on plans to close a considerable number of its stores
Fabletics expands into footwear
The activewear brand co-founded by Kate Hudson in 2013, has announced its first-ever footwear collection, complementing their lifestyle range of activewear and accessories and reinforcing the positioning as a lifestyle brand
84th edition of theMICAM starts tomorrow
The footwear industry will gather in Milan from tomorrow until the 20th. The presence of some high-end brands continues to be one of the highlights of the event
Aerosoles files Chapter 11
The company will implement an operational and financial restructuring plan with the aim to revitalize the brand and focusing on growing ecommerce
DSW opens first warehouse in Saudi Arabia
The Ohio-based company has announced the opening of its first warehouse in the Kingdom of Saudi Arabia. The new warehouse, located at the Mall of Dhahran, marks the second DSW Designer Shoe Warehouse outside North America, after Oman
Shoe Carnival expands board
The US-based retailer of footwear and accessories announced that its Board of Directors has elected Charles Tomm, a Principal at Heritage Capital Group, as a director effective from the 12th of September
JJ Heitor, shaping great ideas
This is the motto of a Portugal-based company with 5 decades of existence and profound accumulated knowledge about the footwear industry
Foot Locker disappointed with results
The New York-based specialty athletic retailer announced second quarter comparable-store sales decreasing by 6.0% and total sales also falling by 4.4%. Foot Locker confirms disappointment with this new set of results-
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Footwear Consumer 2030
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