News
India: leather industry aiming at 5%-6% growth
The leather-based industry in India is anticipating registering a growth rate of 5% to 6% in exports for the current fiscal year, 2018-19, according to the Council for Leather Exports
Obuv Rossii reinforces position in Russian market
The Russian-based footwear company opened 48 new franchising stores across the country in 2018, bringing the total number of franchises to 161. As a result, the total retail chain of Obuv Rossii exceeds more than 700 outlets
Genesco reports increasing sales
The Nashville-based footwear retailer announced fourth quarter-to-date comparable sales increasing by 4%. As a result, Genesco reiterated most recent adjusted earnings per share guidance
Nordstrom: comparable sales increase by 1.3%
The Seattle-based fashion retailer announced comparable sales increasing by 1.3% in the nine weeks period ended on the 5th of January 2019, compared with similar period in 2018
Foot Locker strategic investment in Pensole
The US-based footwear giant is investing 2 million US dollars in Pensole Footwear Design Academy to promote a new pipeline of designers and quicken the footwear of footwear
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