News
World Footwear production resumed growth
The year 2017 was marked by positive dynamics across the worldwide footwear industry. After two years of stabilization, both production and exports started to growth. Data is from the World Footwear Yearbook 2018 now published by the Portuguese Footwear Association
Ghana’s footwear manufacturing is suffering
At least this is the claim made by local representatives of the footwear manufacturing industry, who go further saying there is a risk of collapse under the pressure of inferior imported products. Government intervention is being asked for
Footwear firms advised to increase data security
Although major firms have reported data hacks and recognize the threat, not enough of them prioritize the issue, a new study by Gartner Inc. suggests
Puma signs sponsorship deal with WMBA
After 20 years of absence from the basketball scene, Puma is back and ready to challenge the dominating brands in the field: Nike, adidas and Under Armour
Skechers profits down by 24%
Second quarter results for Earnings Per Share and Profits disappointed analysts. Profit in the period was down by 24%, whereas Sales continued to post positive growth
Ivanka Trump to shut down namesake brand
According to the first daughter, this decision will allow her to focus all her energies on her role of adviser to President Donald Trump. Ivanka Trump has started her namesake fashion brand in 2007
Nike Vaporfly 4%: boosting running economy
According to studies from both the New York Times and the journal Sports Medicine, Vaporflys do improve running times considerably, but questions are being raised: is this ethically acceptable?
Hermès with strong sales growth
The French-based luxury group announced consolidated revenue for the first half of 2018 amounting to 2.853 billion, up by 11% at constant exchange rates and by 5% at current exchange rates. Sales growth was solid and particularly sound in the group's stores (+11% at constant exchange rates)
Cambodia’s exports consolidate growth
According to the Cambodia Garment and Footwear Sector Bulletin issued by the International Labour Organization, exports of garment and footwear grew by 9.5% in 2017. Growth trend was consolidated in the first semester of 2018 (+11%)
Nike appoints new Chief Sustainability Officer
Sportswear group Nike has appointed Noel Kinder as its new Chief Sustainability Officer (CSO), effective from the 5th of September onwards
2026 World Cup: an open goal for adidas
The major competition for football national teams in 2026 will take place in North America and is likely to boost adidas’ sales closing the gap with Nike
Yue Yuen with revenue growth
Revenue posted by the Hong Kong headquartered footwear group increased by 8.9% in the first three months of the financial year
Pakistan: leather industry is the second largest export sector
Information comes from official authorities. Pakistan's leather industry is the second largest export sector after textile
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