World Footwear

News

Tod's closes the year with 2.6% decline in sales

Feb 5, 2020 / Italy
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

Feb 5, 2020 / United States
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

Premium Content Feb 4, 2020 / Japan
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

Feb 4, 2020 / China
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

Feb 4, 2020 / Italy
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

Feb 3, 2020 / India
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

Feb 3, 2020 / United States
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

Feb 3, 2020 / United States
The Texas-based company announced the appointment of six Vice Presidents, each bringing years of leadership, innovation, and expertise to JCPenney

Kastel opens Norway's first self-service shoe shop

Jan 31, 2020 / Norway
In collaboration with Touchtech and fashion online platform Miinto, Kastel offers customers an interactive solution that makes it possible to shop without the presence of store employees

ANWR business boosts in 2019, but footwear is not keeping up

Jan 31, 2020 / Germany
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

Get to know Portugal's plan for sustainability

Jan 30, 2020 / Portugal
The Portuguese Footwear, Components, Leather Goods Manufacturers' Association has presented the new Action Plan of the Footwear Cluster for Sustainability

Shoe Zone with declining profits blames financial burden of public policies

Jan 30, 2020 / United Kingdom
In the last financial year Shoe Zone's underlying pre-tax earnings slid to 9.6 million British pounds from 11.3 British pounds in the previous year. Management blames Government for increasing taxes

Deckers Brands reports dynamic quarter

Jan 30, 2020 / United States
In the third quarter Deckers net sales grew by 7.4%. A 2.6% increase was recorded by Ugg. Sales of the Hoka One One segment jumped by 63.6%. Teva and Sanuk both suffered double-digit declines

J.Crew appoints Jan Singer as CEO

Jan 29, 2020 / United States
The Board of Directors of the American multi-brand, multi-channel, specialty retailer appointed Jan Singer to serve as Chief Executive Officer, effective from the 2nd of February
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