World Footwear

News

Nike refuses to supply Iran for World Cup

Jun 14, 2018 / Iran
Nike won’t be providing cleats for Iran’s national team to abide by US reinstated sanctions on Iran. Seeing footballers compete barefoot for a world title would be a first

Masayuki Ino wins the LVMH prize

Jun 14, 2018 / France
The Japanese designer, creator of the streetwear brand Doublet, has been awarded the fifth annual prize for young designers by LVMH

Richemont sells Lancel to Piquadro

Jun 13, 2018 / Switzerland
Switzerland-based luxury goods holding company Compagnie Financiere Richemont SA confirmed it has sold its French leather-goods subsidiary Lancel to Italian-based company Piquadro SpA

Louboutin wins EU court battle to trademark red soles

Jun 13, 2018 / France
The European Court of Justice ruling grants protection to the world-famous red soles by the French-based designer

Positive year for Italian exports

Jun 12, 2018 / Italy
Exports of the Italian footwear sector increased in 2017. The industry closed the year with growth of 3.4% in external sales (after a 2.6% increase reported in the previous year)

Leather included in Pakistan’s new exports package

Jun 12, 2018 / Pakistan
The country's Economic Coordination Committee (ECC) has approved the extension of the existing export package for the next three years. Leather sector has been included in the package

Nine West sells footwear and handbag business

Jun 11, 2018 / United States
Nine West concluded an auction of its Nine West and Bandolino footwear and handbag business. The deal amounting to 340 million US dollars was sealed with Authentic Brands Group

Genesco reports loss in the first quarter

Jun 11, 2018 / United States
The Nashville-based company has announced results for the first three months of the new fiscal year. Notwithstanding the reported loss in the period, Genesco confirms this is in line with previous expectations

The world’s smallest shoe factory

Jun 8, 2018 / United States
The UNEEKBOT is not yet in a future where a robot scans the foot and builds a bespoke pair of shoes, but it allows made-to-order sandals in six minutes

Flip Flop Shops sold to Bearpaw

Jun 8, 2018 / United States
Cherokee Global Brands, a global brand marketing platform that manages a portfolio of fashion and lifestyle brands, announced the sale of Flip Flop Shops, its franchise retail chain, to Bearpaw Holdings, LLC for an undisclosed amount

New Generation: meet Marta Lopes & Cristiano Lopes

Jun 7, 2018 / Portugal
They are brother and sister and work side by side at the family business, Jovan. Meet Marta and Cristiano Lopes

Gucci sets ambitious target

Jun 7, 2018 / Italy
Kering's flagship brand, has set a bold goal for next year as it is expecting to cross the 10 billion euros threshold for its revenue

Richemont appoints Eric Vallat as Head of Fashion & Accessories

Jun 6, 2018 / Switzerland
The Swiss-based luxury goods group announced the appointment of Mr Eric Vallat to the newly created role of Head of Fashion & Accessories Maisons. He has joined the Group’s Senior Executive Committee, effective since the 1st of June 2018

Footwear giants heading to Vietnam

Jun 5, 2018 / Vietnam
Affordable labor costs and free trade agreements with several countries are positioning the country in the pole position to attract foreign investment from some of the largest worldwide footwear players

Caleres reports continued improvement in net earnings

Jun 5, 2018 / United States
The St. Louis-based footwear giant reported its first quarter 2018 financial results, marked by stable sales. Based on that the company remains on track for 2018 and is maintaining our guidance for the year
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