News
Leather Naturally celebrates another milestone
After successfully raising over 1.5 million US dollars to fund a global campaign to promote leather, the Leather Naturally initiative now confirms that it has over 100 members
France to ban destruction of unsold goods
The country's Prime Minister announced draft legislation to ban the destruction of unsold or returned consumer products. The new measure would oblige brands to donate or recycle unsold goods
Stein Mart to install Amazon pick-up lockers
Amazon customers will soon be able to receive delivery of their orders at nearly 200 Stein Mart stores across 28 states. The giant ecommerce player has been focusing on some similar initiatives
Deckers: sales increase to a new record
The California-based company announced financial results for the fourth fiscal quarter and fiscal year ended on the 31st of March 2019. Despite a small decline in sales in the last quarter the company hit a new record for annual revenue
India’s leather footwear exports up by 1%
According to the Council for Leather Exports in the first 10 months of the fiscal year exports of leather footwear increased by roughly 1%. Exports of the overall leather industry are declining
JBS USA announces 95 million US dollars' investment
The Brazil-based company announced a 95 million US dollars expansion project at its Grand Island (Nebraska) beef production facility
CCC with excellent quarter performance
Good sales results in March impacted the growth of revenue in the first quarter by nearly 60%. The sales dynamics in the segment of e-commerce had a significant impact on the achieved level of revenue
Footwear industry leaders joined forces against tariffs
Last week, the leaders of 5 industry associations in the US signed a letter addressed to President Trump, opposing the proposed tariffs on shoes and other accessories coming from China
New Balance launches new platform for running shoes
Coming in summer 2019, the global athletic player New Balance will launch a reimagined product platform, called FuelCell, that is built to power up run
Sustainability by a vegetarian businesswoman
Ana Vasconcelos defines herself as self-made woman in a men’s world. She entered company Belcinto in 1975, after the death of its founder, her father. Since then she has been living and breathing leather goods while being proudly vegetarian
Asics releases 2018 sustainability report
The Japan-based sportswear giant has released its 2018 Sustainability Report, summarizing the company’s progress towards medium and long-term sustainability targets, its ASICS Sustainability Vision
Shawn Gensch as JCPenney's Chief Customer Officer
The US-based department store chain announced Shawn Gensch, a highly accomplished executive with 25 years of experience in marketing and finance, as Chief Customer Officer, effective from June onwards and reporting directly to CEO Jill Soltau
DSW with strong start to the year
The Ohio-based retailer has announced double-digit increases in both revenue and earnings for the first quarter of the new fiscal year
Crocs: first quarter exceeds expectations
The US-based company famous for its clogs has announced first quarter results. A good start to the year as Crocs exceeded all guidance metrics
Yue Yuen: profit down by 20.9%
In the first quarter of 2019, total revenue attributable to the Group’s footwear manufacturing activity increased by 6.4%. Production also increased in the period
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