News
Caleres: strong Famous Footwear sales
The St. Louis-based footwear giant lifted its guidance after a solid third quarter that saw the company get a boost from Famous Footwear. This was also the period where they have announced the acquisition of Vionic
Dick’s Sporting Goods raises guidance
The Pittsburgh-based company raised full-year 2018 earnings per diluted share guidance after reporting strong third quarter results
Cyber Monday with sales record
Adobe's most recent report concluded that on Cyber Monday overall sales reached 7.9 billion US dollars. Sales coming from smartphones hit all-time high with over 2 billion US dollars. The buy online, pickup in-store was up by a record 50%
Deckers raises guidance for the year
The California-based giant focusing in designing, marketing and distributing footwear, apparel and accessories, announced financial results for the second fiscal quarter and updated the financial outlook for the full fiscal year
India: second largest consumer market for footwear
In 2017 India overtook the US as the second largest consumer of footwear: a milestone in Asia’s ascent to prominence in the world market, reflecting strong demographic and economic trends
Columbia with strongest results in its history
The Oregon-based sportswear company reported net income for the third quarter increasing by 14% to 100.2 million US dollars. Sales increased by 6% in the period. Based on this, Columbia Sportswear is updating its outlook for the year
Crocs to reach 100 stores in India
The US-based company famous for its clogs will open four stores in Bengaluru, Chennai, Mumbai and Surat by November
Nigeria: local association urges government to act on imports
The Leather Products Manufacturers Association of Abia State (LEPMAAS) has urged the Nigerian Government to urgently tackle threats posed by imported shoes, bags and belts to local manufacturers
Sale of the Reef brand completed
VF Corporation, a group focused on branded lifestyle apparel, footwear and accessories, announced that it has completed the sale of the Reef brand to The Rockport Group (Rockport)
DSW launches What's The Occasion? boutique
The shop-in-shop boutique, What's the Occasion?, will deliver a unique, year-round destination for special-event shopping. The concept will officially open in the Greater Toronto Area at the DSW Heartland and Vaughan Mills locations, as well as online, today
Foot Locker gathers the industry
The US athletic industry got together for the occasion of the 18th Annual On Our Feet Fundraising Gala, organised by the Foot Locker Foundation
New Generation: meet Catarina Pedroso
Get to know Catarina Pedroso, the mind behind Balluta Shoes: a brand that aims to revolutionize the market
New Balance announces global leadership changes
Joe Preston, currently the company's Chied Commercial Officer, will succeed Rob Demartini as New Balance's new President & CEO
Deckers: sales exceed expectations
Net sales for Deckers Brands increased by 4% in the second quarter of the company’s fiscal 2019, totaling 501.9 million US dollars against 482.5 million US dollars in similar period of the previous fiscal year
Strong year for Cambodia’s exports
According to the National Bank of Cambodia (NBC) the country's garment and footwear exports recorded double-digit growth in the first half of the current financial year (+11%). Performance in the second half is expected to be in line with the first semester
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