Companies
Liberty Shoes Chairman urges lower taxes
Adesh Gupta, Chairman and Chief Executive Officer at Liberty Shoes Ltd., claimed a lower rate of the Goods and Services Tax on branded footwear
Coach’s results in line with expectations
The New York-based design house of modern luxury accessories and lifestyle brands, reported sales decline of 4% on a reported basis and 3% on a constant currency basis. Net earnings were up slightly
adidas records strong start into the year
The Germany-based company recorded a strong two digits’ sales growth in the first quarter of the new year. Both the adidas and Reebook brands contributed with robust growth in sales
Declining sales at Shoe Carnival
The US-based retailer of footwear and accessories announced comparable stores sales results for the first fiscal quarter ended on the 29th of April and an updated outlook for annual net sales
Vans launches 8th annual design competition
In partnership with Journeys, LCAD (Laguna College of Art + Design) and Americans for the Arts, Blick Art Materials, Vans opened up public voting for its 8th annual Custom Culture Design Competition
Vietnamese brands aiming to conquer the local market
Although the number of local brands is still very low companies are looking to conquer the potential of a 92 million people market
Marta Ponti continues to set standards
A brand of leather accessories produced in Portugal, with decades of valuable know how and experience, which is seen as a reference within the industry
Woodland plans global expansion
After announcing the intention to invest in Japan and Korea, now the company is looking into new markets, such as China, Russia and Canada
Revenue up by 7% at Under Armour
The growth in revenue, generated by both the wholesale and the direct-to-consumer segments, gives the company a good start into the new fiscal year
Strong sales growth posted by Hermès
The French-based luxury group announced strong sales growth in the first quarter (+14%), as a result of a strong momentum registered across all geographic areas
Executive changes at DSW
The Ohio-based branded footwear and accessories retailer has announced new executive appointments
Wolverine with drop in revenue
The US-based footwear giant underlined that results were in line with the original outlook, despite the falls registered in their revenue. Store closures registered in 2016 will continue in the new fiscal year
Asics rewarded for sustainability efforts
The worldwide-known sportswear brand was been awarded with the EPA's ENERGY STAR and announces plans for new sustainability projects
adidas expects improvement in US margins while China margins stabilise
The Germany-based sportswear giant expects its operating margin in China to shrink slightly in the long term, while its US margin should grow markedly in the near term. This is the belief of the new Chief Executive Officer Kasper Rorsted
Steve Madden with 11.2% increase in sales
Net sales increased 11.2% in the first quarter of 2017, totaling 366.4 million US dollars, which compares to 329.4 million US dollars in the same period of 2016-
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