News
Puma uplifts full-year guidance
The Germany-based sportswear brand expects its net profit to improve significantly in 2018 and has therefore slightly increased its year-end earnings forecast after publishing its provisional numbers for the first quarter
Nordstrom opens flagship in New York
The US- based retailer opened the doors to its very first flagship today. Located in New York City, with three-level 47 000 square foot, this is the first ever stand-alone men's store of the brand
Pou Sheng International: Privatisation cancelled
Sportswear giant Pou Sheng International announced its parent’s plan to take the company private had been canceled as more than 10% of shareholders voted against the proposal
KEEN welcomes Tim Bartels
Portland-based outdoor and lifestyle footwear brand as announced Tim Bartels as the new Vice President of sales for the Outdoor, Lifestyle and Kids (OLK) categories at KEEN
Foot Locker remains a highly profitable company
Richard Johnson, Chairman of the Board and CEO of the New York-based specialty athletic retailer commented the financial results for Foot Locker's fourth quarter and full year
Indonesia targeting the top 3
The country’s footwear production reached 1.185 billion pairs in 2016, making Indonesia the 4th largest manufacturer. Now, authorities are focused on moving the country's production capability to the big three
Retail sales increase by 4.4%
According to the FDRA, Footwear Distributors and Retailers of America, quoting the National Retail Federation, February retail sales increased by 4.4% year-over-year as the economy continued to grow. The numbers exclude automobiles, gasoline stations and restaurants
Macy’s CFO to retire
Macy’s, Inc. announced Karen Hoguet, Chief Financial Officer, will retire by February 2019. Transition plan is underway
Nine West near bankruptcy plans to sell footwear
The New York-based footwear, accessories, women's apparel, and jeanswear company with a portfolio of brands that includes Nine West, Anne Klein, and Gloria Vanderbilt announced that it has filed voluntary petitions for reorganization under Chapter 11 of the US Bankruptcy Code
Pakistan's leather exports are dropping back
Pakistan is falling behind other parts of the South Asian region in leather exports for not being able to diversify its product portfolio and non-compliance with environmental standards, the central bank defended
Shoe Carnival’s athletic mix expands to 53%
The company recently reported 2017 results, marked by earnings rising by 30.1% on an adjusted basis, hitting the high end of guidance. Same-store sales dipped by 0.5%. Now more details were made public
XUZ, Handmade Lovers
Created in 2008 Portuguese-based brand XUZ was born from the idea of a return to the origins. The brand has a wide portfolio of clogs
LVMH most attractive employer among students
The luxury house has consolidated its position as the preferred employer among students at French business schools in the latest Universum ranking
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