News
Footwear exports interrupt falling trend in Brazil
According to Abicalçados, the Brazilian Shoe Manufacturers Association, in November 10.54 million pairs were sent abroad for 84.78 million US dollars, up by 6.6% in volume and 1.6% in value. However this wasn't enough to recover from the accumulated drop in the year
EU is the destination of more than 40% of Armenia's exports
A significant part of Armenia's exports of textile, apparel, leather & shoes have European Union countries as destination. The information was reported by Business Armenia, a Government established entity promoting investments in the country
Genesco sells struggling Lids
The Nashville-based group has announced it reached an agreement to sell Lids Sports Group. Payment in cash should amount to 100 million US dollars
Crocs with strong quarter
The US-based company famous for its clogs announced third quarter results marked by an increase in revenue (7.3%). As a result, the company is upçifiting its guidance
A.Testoni bought by Hong Kong-based Sitoy
Italian luxury footwear label A. Testoni has been bought by Hong Kong group Sitoy, a high-end leather goods manufacturer and distributor. Sitoy is also Testoni’s distribution partner for Greater China
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