World Footwear

News

New increase in Cambodia's minimum wage

Oct 16, 2018 / Cambodia
The Cambodian government set a new monthly minimum wage for the country's garment and footwear industries. The minimum salary for 2019 will be 182 US dollars, up by 7% from the current 170 US dollars, Labor Minister Ith Samheng announced

Puma is back to basketball

Oct 15, 2018 / Germany
The Germany-based sportswear giant is to release its first basketball silhouette in more than 20 years. Launch happens in-store this Thursday 11th

Allbirds to open first UK store

Oct 15, 2018 / United Kingdom
US–based footwear brand Allbirds, focusing on sustainable footwear, has signed for its first UK store in London’s Covent Garden, which will open later this month

11% organic revenue growth for LVMH

Oct 12, 2018 / France
LVMH Moët Hennessy Louis Vuitton recorded a 10% increase in revenue, reaching 33.1 billion euros in the first nine months of 2018. Organic revenue grew by 11% compared to the same period in 2017

Turkish shoe brands facing debt issues

Oct 12, 2018 / Turkey
Local agency news are reporting several issues faced by Turkish footwear companies, going from debt restructuring issues to closure of stores
Page 334 of 334