News
Harrods: world’s best performing luxury department store
The famous 170-years old luxury department store has proven its deep-rooted experience in the retail arena and scored in first ahead its competition
FDRA 75th Anniversary Party
The Footwear Distributors and Retailers of America and the NY trade show have come together to celebrate FDRA’s 75th Anniversary and FFANY’s 40th
Tod's revenue declines
Consolidated sales for the Italian-based group amounted to 216.4 million euros in the first quarter of 2019, down by 4.3% from similar quarter in 2018
Kohl’s expands network of Amazon returns
Amazon customers will now have free, easy returns in all Kohl’s stores. The new functionality will be rolled out to all network of Kohl's locations this summer
Wolverine partners with leading Chinese sportswear retailer
Joint venture leverages the retail and product expertise of Xtep International Holdings Limited to grow the Merrell and Saucony brands in Mainland China
China’s Green Harbor acquires Jason Wu
Chinese private equity firm Green Harbor Investment has bought a majority stake in the parent company of New York’s Jason Wu. The American fashion brand is aiming at the booming Chinese luxury market
Wolverine reaffirms full-year outlook
The Michigan-based footwear giant reported financial results for the first quarter of the year (ended on the 30th of March). Wolverine also provided an update on its key 2019 investments and full-year 2019 outlook
The new chapter of the US-China trade war
President Trump announced and applied increases on the China tariff rates on List 3 (200 billion US dollars in Chinese-made goods) from 10% to 25%. Remaining goods, including footwear, could be hit with tariffs shortly as a new list was announced
New Generation: meet Bruno Queirós
Fashion is a long-time passion of Bruno Queirós, who has been a model and recently decided to launch a footwear brand. He is the face of The Baron’s Cage, a male footwear brand that promises to revolutionize the market
Bolflex's focus on recycled and vegan materials
The Portuguese-based company specialized in footwear components has just launched into the market new vegan and recycled products. Currently, the company's business model is based on three keywords: reduce, reuse and recycle
Where do shoes come from?
The recent developments on the trade war US-China made us look into the trade relations of both countries in terms of footwear and curious conclusions about consumption in each of the markets arose. Check them here
Kering: Italy tax settlement is closed
The French-based luxury group announced that it has concluded a settlement with the Italian Revenue Agency relating to claims vis-a-vis its Swiss subsidiary Luxury Goods International S.A. (LGI)
David W. McCreight appointed to Wolverine Board of Directors
The Michigan-based footwear giant announced the retirement of Joseph R. Gromek from the company’s Board of Directors, and the appointment of a new Board member, David W. McCreight
Tapestry consolidates growth in sales
The New York-based luxury house has announced third quarter results. Sales increased by 1% in the period, consolidating previous sales growth, and the management continues pleased with the results achieved
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