News
84th edition of theMICAM starts tomorrow
The footwear industry will gather in Milan from tomorrow until the 20th. The presence of some high-end brands continues to be one of the highlights of the event
Aerosoles files Chapter 11
The company will implement an operational and financial restructuring plan with the aim to revitalize the brand and focusing on growing ecommerce
DSW opens first warehouse in Saudi Arabia
The Ohio-based company has announced the opening of its first warehouse in the Kingdom of Saudi Arabia. The new warehouse, located at the Mall of Dhahran, marks the second DSW Designer Shoe Warehouse outside North America, after Oman
Irma impact on US retail could reach 2.75 billlon US dollars
According to the FDRA, the Footwear Distributors and Retailers of America Association and based on estimates from Planalytics, a weather-analytics company
Shoe Carnival expands board
The US-based retailer of footwear and accessories announced that its Board of Directors has elected Charles Tomm, a Principal at Heritage Capital Group, as a director effective from the 12th of September
JJ Heitor, shaping great ideas
This is the motto of a Portugal-based company with 5 decades of existence and profound accumulated knowledge about the footwear industry
Consumption in Asia with a new all-time high
Asia continues to increase its lead as the largest footwear-consuming continent, as its share of consumption (54%) approaches its share of the world population (60%)
Foot Locker disappointed with results
The New York-based specialty athletic retailer announced second quarter comparable-store sales decreasing by 6.0% and total sales also falling by 4.4%. Foot Locker confirms disappointment with this new set of results
Shoesstar to be held in Azerbaijan for the first time
The international specialized Shoesstar-Middle East footwear exhibition will be held in Baku, capital of Azerbaijan, for the first time
Nike offers shoes customised in 90 minutes
For decades, Nike has worked directly with athletes to create cutting-edge and highly personalized products. Now the brand wants to start to expand this concept
ACLE closes confirming a drop in prices
The latest edition of the All China Leather Exhibition (ACLE) was held in Shanghai from the 30th August to the 1st September. According to the organization a 25% - 30% decline in leather prices was registered since APLF took place by the end of March
Genesco with challenging quarter
Net sales in the second quarter decreased by 1.4%. While presenting flat comparable sales, Genesco also posted a loss in the period
Wolverine commits over 2.5 million US dollars to Hurricane Harvey relief efforts
The US-based company has announced it will allocate over 2.6 million US dollars to Hurricane Harvey relief efforts through financial, footwear and apparel donations
361 Degrees revenue up by 9.5%
The Hong Kong-based group announced revenue in the first half rose by 9.5%, totaling 2.8 billion renminbis for the period
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