News
Crocs: revenue up by 9.4%
The US-based footwear company famous for its clogs announced second quarter results marked by revenue growth. Full year outlook is being increased as a result of the first half performance
Farfetch acquires New Guards Group
The London-based luxury ecommerce giant bought New Guards, the group owning brand Off-White, for a total value of 675 million US dollars. Farfetch plans to launch "Brands of the future"
Singaporeans spending less on clothing and shoes
The average household spent about 120 Singaporean dollars a month on clothing and footwear, down from about 160 Singaporean dollars in the 2012/2013 period. Data comes from a Government survey
Weyco with mixed quarter results
The Wilwaukee-based group announced financial results for the quarter ended on the 30th of June 2019. Net sales for the period down by 1%
Wolverine reports strong quarter earnings
The Michigan-based footwear group reported financial results for the second quarter ended on the 29th of June 2019. Wolverine also provided an update on its full-year 2019 outlook
An investment year for Capri
The UK-based group has announced first quarter results with total revenue growing by 11.9%. The management of the Capri Holdings reaffirmed this will be the year to invest heavily in the business
Aldo to eliminate single-use shopping bags
The Canada-based group's bagless initiative encourage customers to opt for an eco-designed shoebox. According to Aldo this will allow saving thousands of trees each year
Columbia Sportswear consolidates growth
The US-based sportswear company announced growth of 9% in the second quarter for net sales. The increase in the first half of the year amounted to 8%
VF raises full year outlook
The Colorado-based company reported first quarter results for the period ended on the 29th of June 2019. Management of the company is confident with the rest of the year and raised fiscal 2020 outlook
Haroldo Ferreira takes over Abicalçados Executive Presidency
He is taking on the Abicalçados Presidency from Heitor Klein, who served the Brazilain Association for more than 27 years and who will continue linked to them as a Consultant
Lowa acquires Italy’s Riko Sport
The Germany-based sporting goods company has acquired the Italian shoe specialist Riko Sport S.r.l., a core supplier of Lowa’s footwear
World Footwear Yearbook 2019: rebalancing Europe and Asia
The World Footwear Yearbook 2019 has been published by APICCAPS and it contains the main highlights of the industry in 2018, which can be immediately incorporated in the strategy of global footwear companies
Lefaso: Vietnam is already taking advantage of the US-China trade war
As the trade war between the two countries enters a new chapter, the worldfootwear.com spoke to Nguyen Duc Thuan, Chairman of Lefaso, the Vietnamese footwear association, to discuss this and other hot topics of the industry
Belcinto: lifetime warranty
“If you care, we care” is Belcinto's brand motto and that translates into a guarantee that lasts a lifetime
President Trump announces more tariffs
The announcement was via Twitter yesterday: the US will impose added tariffs of 10% on the remaining 300 billion US dollars in goods from China. This decision can likely include all footwear from China
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