News
Caleres names John McPhee President for Sam Edelman
John McPhee will join the company as the president of the Sam Edelman brand, reporting directly to Sam Edelman. He joins Caleres from Herman Miller Retail, where he served as President and Chief Operating Officer since 2010
Forever 21 with new deal to sell assets
The US-based fast fashion retailer Forever 21, which filed for bankruptcy in September last year, reached an agreement with a consortium of companies to sell its assets for 81 million US dollars
Tapestry with key executive appointments
The luxury house has appointed Liz Fraser as CEO & Brand President for Kate Spade; Giorgio Sarné as CEO & Brand President for Stuart Weitzman and Yann Bozec as President of Tapestry Asia Pacific
Capri cuts forecast as it expects to take the hit from coronavirus
The owner of Michael Kors, Jimmy Choo and Versace cut its forecasts as it warned of a 100 million US dollars hit to revenue due to the coronavirus outbreak in China
Tod's closes the year with 2.6% decline in sales
The luxury shoes and leather goods company announced declining sales for 2019 (-2.6%). However, the business started to pick up in the last quarter with an improvement in the revenue trend
Wolverine declares quarterly dividend
The company's Board of Directors has declared a quarterly cash dividend of 0.10 US dollars per share of common stock
EU-Japan EPA: a practical guide for footwear companies
The Economic Partnership Agreement (EPA) between the European Union and Japan entered into force last year creating the largest open trade zone in the world. Today we bring you a practical guide for footwear companies
International trade fairs postponed as a consequent of the Coronavirus
Chic Shanghai has been postponed. APLF is considering postponing. ISPO Beijing and textile trade fairs in Shanghai also on hold. In Europe, MICAM is proceeding as planned with preparations for the February edition
Sales up by 2.3% at Salvatore Ferragamo
The Italy-based luxury sector player released the Group’s Preliminary Consolidated Revenue for Fiscal Year 2019, which amount to 1,377 million Euros up 2.3% at current exchange rates and 1.3% at constant exchange rates
Tamil Nadu to get heavy investment from Taiwan
According to what is being reported by Times of India, 2 major Taiwanese investments are taking place in Tamil Nadul, in India
Toms appoints new CEO
Magnus Wedhammar, former GM of Sanuk, a footwear brand belonging to the portfolio of Deckers Outdoor Corporation, was appointed as Toms' new CEO
JCPenney expands leadership team
The Texas-based company announced the appointment of six Vice Presidents, each bringing years of leadership, innovation, and expertise to JCPenney
All you need to know about the Footwear Industry
Watch a video with some of the World Footwear 2019 Yearbook main conclusions
ANWR business boosts in 2019, but footwear is not keeping up
The ANWR Group, an international cooperative of independent retailers, announced an increase of more than 50% in its total business volume in 2019, reaching 14.6 billion euros. Footwear segment with a decline
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