World Footwear

News

Columbia closes buyout of China joint venture

Jan 7, 2019 / China
As the new year started, Columbia Sportswear announced it has closed its buyout of the remaining 40% interest in Columbia Sportswear Commercial (Shanghai) Company, the joint venture in China with Swire Resources Limited

80 Sears and Kmart locations to close

Jan 7, 2019 / United States
Sears Holdings, in bankruptcy proceedings since October, revealed 80 more Sears and Kmart stores it plans to close in late March 2019

Foot Locker invests in children's footwear business

Jan 5, 2019 / United States
After a strong third quarter, Foot Locker announced it would be investing more in the business. The first strategic move is the acquisition of a minority stake in Super Heroic, Inc., a lifestyle brand focused on the young segments

Vivarte: restructuring is over

Jan 4, 2019 / France
The words are from Patrick Puy, Vivarte CEO. The French-based group announced the final results for financial 2018, marked by a reduction of the net loss and the group's financial debt

Blake Nordstrom dies at age 58

Jan 4, 2019 / United States
The 58-year old co-President of Nordstrom, Blake Nordstrom, died early Wednesday morning. Blake's brothers, Pete and Erik Nordstrom, will continue as co-Presidents of the company
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