Footwear
Aéropostale fills for bankruptcy
The US-based specialty retailer of casual apparel and accessories for teenagers, has filled for bankruptcy with plans to close around 150 stores in the US and Canada
Wolverine posts falling revenue but keeps confident
The US-based outdoor footwear group has reported revenue declining by 8.5% in the first quarter of the year. CEO said figures exceeded the group’s expectations with the company well positioned to achieve its full-year objectives
Skechers sues maker of Bernie Mev footwear
The US-based company has announced that it filed a lawsuit against Eliya for marketing and distributing footwear that infringes on its Skech-Air product line
Argentina: Production down and imports up worry local industry
The head of the Chamber of the Footwear Industry in Cordoba, Miguel Hames, has announced that production levels in local factories are roughly 40% below the levels registered by this time last year
Dunlop Protective Footwear acquires Onguard
The Netherlands-based protective boots company announced this deal as part of its global growth strategy
Timberland sets 2020 sustainability goals
The company unveiled the Timberland Environmental Product Standards (TEPS) due to be implemented across all product categories, while it announced the new five-year performance targets
Asics to be national partner of Girls on the Run
The non profit organization working with young girls has announced the extension of the partnership with Asics, who will become its National Footwear Partner
China leather industry expected to keep on track
Moderate growth in revenue and profits is expected for 2016 according to CLIA, the China Leather Industry Association, notwithstanding the uncertainty in overseas markets which poses various challenges for exports
Burberry posts disappointing sales
The luxury British-based brand reported a 1% decline in total revenue, reflecting negative growth in retail, wholesale and licensing. Such disappointing second-half sales let the company to warn on profit for the current fiscal year
Lemon Jelly's first pop-up store in Asia
The brand is part of Portuguese-based Procalçado, a group of companies with 4 decades of experience in the footwear industry
Steve Madden announces stable results
Net sales increased by 1.7% in the first quarter. Net income grew by 1.0% in the same period
FFANY names winners of scholarship
The Fashion Footwear Association of New York (FFANY) and Arsutoria School in Milan have announced the winners and finalists of the 2016 Joseph C. Moore Footwear Scholarship
Singapore women spend more than 200 000 US dollars on shoes
A survey reveals women spend up to 204 000 US dollars on shoes in their lifetime, with 120 000 US dollars reserved for designer shoes
adidas removes plastic bags from its own retail stores
The Germany-based group has announced it will eliminate approximately 70 million plastic shopping bags per year, another step in its sustainability strategy-
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