News
VF Corporation with new sustainability & responsibility strategy
The North Carolina-based lifestyle apparel, footwear and accessories company announced its new global sustainability and responsibility strategy, Made for Change. VF aims to lead industrywide environmental and social improvements
Birkenstock discontinuing Amazon deliveries in Europe
The Germany-based footwear company has issued a statement where it claims consumers have been misled by counterfeit products offered for sale on Amazon Marketplace. They will discontinue deliveries through Amazon effective in the new year
Wolverine partners with Academy Sports + Outdoors
Over 300 students enrolled in the School of Construction Technology at Oklahoma State University Institute of Technology [OSUIT] were given a pair of work boots and other giveaways as a result of the partnership
Florencia Marco faces liquidation
The parent company of brand Rebeca Sanver is on the point of being liquidated. Florencia Marco entered administration in October and have reached the point of no possible agreement with its creditors
Bata upgrades unit in Zimbabwe
Footwear group is investing in the country’s unit in Gweru with an aim to improve its efficiency and diversify its portfolio of products
Former Stuart Weitzman CEO back in business
Executive Wayne Kulkin, former CEO of Stuart Weitzman, re-enters the global footwear market with renewed focus on designing and marketing luxury sneakers under the brand StreetTrend LLC
Under Armour with strategic changes
The Baltimore-based sportswear group announced the new CFO and a series of changes impacting its digital business while it continues to align its digital business against the company's long-term growth objectives
Yue Yuen reports revenue up by 6.7%
The Hong-Kong-based company has announced its results for the first nine months of the year. Revenue continues to increase, with a major contribution from the retail segment (+19.4%)
Australian retail sales rebound
Australian retail turnover rose by 0.5% in October 2017 according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. Footwear category was one of the major contributors
The recovery of Russian imports
In the first semester of 2017, footwear imports by Russia increased by 41.9% in volume and by 32.6% in value. After the growth registered in 2016, the country seems to be on the recovery path
23% drop for Genesco's earnings
Despite reporting stable revenue for the third quarter (+0.8%), Genesco confirmed declined earnings for the period. The company lost one fifth of its earnings
Vivarte sells Merkal Calzados
The sale of the Spanish footwear brand to British private equity firm OpCapita is part of the ongoing restructuring program of the French retailer
Birkenstock named Brand of the year
The recognition was given at the Annual Footwear News Achievement Awards in New York city. This marks the second time the German brand receives such top honor, after also being awarded in 2013. The prize was received by Birkenstock Global CEO, Markus Bensberg, and Birkenstock Americas CEO, David Kahan
Flex’s new factory to add thousands of jobs
The multinational manufacturer expects to create 6 000 jobs at its new plant in Jalisco. The new factory will be dedicated to make high-tech footwear for Nike
Portuguese Shoes: a new cool
APICCAPS, the Portuguese Footwear Association, presented the new communication campaign for 2018. Portuguese Footwear has a younger and refreshed look to reach a new generation of consumers
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