Companies
Steinhoff acquires South African shoe retailer
The South African-based international retail holding company, agreed to buy Tekkie Town, a local shoe retailer with 302 stores. The announcement follows recent confirmation of 2 digits' growth in the company’s profit
Perks, the reinterpretation of footwear
Drawing inspiration from the reinterpretation of the classic male shoe, Perks combines innovation and 75 years of experience and know how to design timeless and versatile shoes
Sales up at DSW
The branded footwear and accessories retailer, announced financial results for the second quarter and first semester. Sales increased by 5% in both periods
Australia launches women’s-only footwear production line in Lahore
The aim of this new initiative from MDF (Market Development Facility) is to boost a better working environment for Pakistani women
Successful edition of theMICAM
The 82nd edition of Milan-based footwear trade fair closed on the 6th of September with an attendance of 44 668 individuals, up by 5.2%
Brazil launches Future Footwear
The main entities of the Brazilian leather-footwear chain launched a new program aimed at the creation of new business models, new products and new production processes
Crocs encouraged with progress made despite decline in revenue
The company reported decreasing revenue for the quarter (- 6.3% in current currency and -6.2% in constant currency). Net income increased by 21.1% totaling 11.7 million US dollars
Under Armour to open fourth Distribution Center in 2018
A new 1.3 million-square-foot e-commerce distribution and warehouse facility is planned to open in Baltimore County, as part of the Tradepoint Atlantic redevelopment project
FDRA claims duties on children's footwear have increased 191% since 2005
Based on that the Footwear Distributors and Retailers of America (FDRA) claims that TPP would save 1.5 billion US dollars on duties in a decade
Asia represents 87% of the world footwear production
According to the latest edition of the World Footwear Yearbook Asia continues to be the hub of the footwear production
Mixed results posted by Prada
The first half of the year was impacted by tough trading conditions, especially in the first quarter but an improvement has been seen in the following months
Foot Locker sales over the 1.75 billion US dollars threshold
The New York-based specialty athletic retailer announced sales up by 5% in the second quarter, mainly driven by continued expansion and comparable-store sales growth-
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