Footwear
Genesco with declining net sales
The Nashville-based group closed the third quarter of the current financial year with net sales dropping by 8%. Earning from operations with double digit decline
adidas unveils new biodegradable footwear
The Germany-based sportswear giant continues its focus on sustainability and now has presented its Futurecraft Biofabric shoe, which will be biodegradable
Boris Becker to launch footwear collection in Delhi
An historic world number one, tennis legend Boris Becker will launch his footwear collection in India on the 26th of December
Indonesia considers rising tax on leather exports
Several local media reported that the government may increase excise taxes on exports of unprocessed and semi-finished leather to restrict sales abroad. A serious matter given the local shortage of such raw material
The Coolest Kids
APICCAPS, the Portuguese Footwear, Components and Leather Goods Manufacturers’ Association, has launched a new campaign focused on children’s footwear
Softer results for athletic footwear in the US
According to the NPD Group, US athletic footwear results in the third quarter were softer than in the first two quarters of the year, with sales growing by only 2% in terms of value
Nike’s self-lacing sneakers to cost 720 US dollars
Nike announced the retail price of its model HyperAdapt 1.0, the self-lacing model inspired by the 1985 movie Back to the Future Part II
Our industry will continue to suffer in the coming years
The words are from Claude Paquin, Presidente of the FFC, elected earlier in the year and succeeding Jean-Pierre Renaudin, who presided over the professional organization over an 8 years' period
Revenues at Crocs in line with expectations
Revenues in the third quarter were in-line with guidance at 245.9 million US dollars. On a constant currency basis, revenue decreased by 11.6%, compared to the same period last year
36% of customers planning to increase shoes spending over the holidays
The FDRA, the association representing the Footwear Distributors and Retailers of America, conducted a nation-wide shoe sales survey aiming to analyse the online purchases in this holiday season
Phoenix Footwear sales continue to fall
Third quarter results have been announced by the company. Net sales were down by 1.0%. The accumulated decline in the year reached 6.3%
Footwear industry in Indonesia with potential to double exports
Eddy Widjanarko, Chairman of the Indonesian Footwear Association (Aprisindo), said local footwear factories are currently only operating at a utilization rate of between 50-60%
Better than expected results posted by Nordstrom
The US-based retailer reported third quarter results exceeding expectations, reflecting continued strength in inventory and expense execution-
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Footwear Consumer 2030
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