Companies
Tata to expand footwear production and create thousands of new jobs
Indian conglomerate Tata has announced it aims to triple the size of its footwear factory, based near its largest tannery in Dewas
Nike named most valuable sports brand
The sportswear maker Nike heads the latest Forbes Fab 40 list which rates the most valuable sports brands, teams, athletes, and events in the world
Marka signs first deal with Cristiano Ronaldo’s CR7 Footwear
The retail company has been named the exclusive franchise operator for Persian Gulf’s countries for CR7 Footwear products and the agreement should result in the opening of 11 stores
Footwear company Stella with rising profit
Net profit attributable to shareholders increased 4.6% during the first semester of the year as a reflection of the improvement on global economy, the company believes. Sales were up by 3.6%
Footwear retailer DSW continues its expansion in the US
DSW Inc.’s expansion drive is following a very dynamic pace this year. The company just announced the opening of three new stores
Tennessee will house new Under Armour distribution unit
The new facility will help to increase the brand's ability to service its rapidly expanding business while stimulating the local economy, investing over 100 million US dollars and creating 1 500 new jobs
Prada buys French tannery
Italy based group announced the acquisition of the historic tannery Tannerie Mégisserie Hervy, located in Isle, near Limoges (France)
Allen Edmonds biggest sales event starts
The US corporation announced the start of their annual Rediscover America National Sales Event, the company’s largest sale of the year
Footwear entrepreneur Heinz-Horst Deichmann dies at age of 88
The founder of the shoe retailer chain carrying his name and deputy chairman of the board of DEICHMANN SE passed away last week
Nike and Pendleton introduce new footwear collaboration
The two iconic brands are teaming up for a limited edition of athletic shoes made with Pendleton's famous wool fabrics
Footwear company raises 100 000 US dollars in two days on Kickstarter
Last week startup Thursday Boot Co. debuted on Kickstarter, the crowdfunding platform, with an aim to raise 30 000 US dollars for its new shoeline. In a couple of days the funding goal was more than doubled
adidas slips to third position in the US market
According to data from Sterne Agee and SportScanInfo the German brand is falling behind Nike and Under Armour in the American market
361 Degrees gets ready for US launch
Chinese sportswear brand is aiming to launch some products in selected retailers in North America within the next few weeks. A full collection will follow next Spring
Nike with excellent growth in revenue
US sportswear maker and retailer announced 15% increase in revenue during the first quarter of the current financial year-
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