Companies
Aeropostale gets 160 million US dollars loan
The US-based specialty retailer of casual apparel and accessories for teenagers has filled for bankruptcy last May. Now an US court has approved financing that may help the fashion retailer stay in business and complete its restructuring process
Lazuli, Portuguese inspiration
The Portuguese tile and its rich history as a decorative element perpetuating the Portuguese tradition is the starting point for Lazuli's inspiration
Two Ten and FDRA announce online career marketplace
The two organisations got together to develop a new footwear jobs website dedicated to the footwear industry
Record sales at Deckers
The US-based company specialised in designing, marketing and distributing footwear, apparel and accessories, announced that its fourth quarter sales grew by 11.2% to a record 378.6 million US dollars
Puma with sales growth across all segments
The Germany-based company announced quarter one revenue up by 3.7%. Outlook for the full year was confirmed
NBA and Under Armour partner to launch NBA Fit App
The National Basketball Association announced today the launch of its first fitness app, in partnership with the sportswear giant. It will be available for download on the App Store and Google Play
CEC calls for the second International Footwear Forum in New York
On the 9th of June footwear associations and federations from around the world will gather in New York for the second International Footwear Forum (IFF) to discuss the latest relevant issues for the footwear industry
Nike with management changes
The US-based company announced new appointments with an aim to drive continued innovation and strong consumer connections globally
Michael Kors acquires Greater China licensee
The acquisition of Michael Kors (HK) Limited, the exclusive licensee of the Company in China, is now confirmed. The deal reached 500 million US dollars in cash, still subject to adjustments
Profitability above expectations at Genesco
Despite a 2% decrease in sales the company manage to consolidate profitability and to increase earnings from continuous operations
Speedfactory will expand adidas production capabilities
The sportswear giant announced that the Germany-based Speedfactory facility will begin large-scale production in 2017
DSW reduces sales and earnings guidance
The US-based footwear and accessories retailer announced financial results for the quarter with a decrease in comparable sales. The company adjusted their guidance based on current state of the business
CodeNoir with new production unit
The company recently opened a new production unit in Castelo de Paiva. The new plant already has a working team of three dozen people and the company is still recruiting to further strength it
UCLA and Under Armour announce agreement
The University of California, Los Angeles and the sportswear giant have set up a new 15-year performance footwear and apparel agreement-
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