United States
Burlington Stores announces succession plan
The New-Jersey based off-price department store retailer announced a series of managerial changes as part of their succession plan
Ferragamo returns to growth
The Italian luxury house seems to be on its way to recovey, as it posted increasing revenue and net profit for the first quarter of the current fiscal year
Under Armour consolidates growth
The US-based footwear, sports, and casual apparel brand announced financial results for the first quarter ended on the 31st of March. Period was marked by 2% growth in revenue
Skechers appoints Katherine J. Blair to Board of Directors
The US-based giant has named Katherine J. Blair to its Board of Directors as an independent member. The appointment brings the total number of directors to ten, including six independent members
Kohl’s expands network of Amazon returns
Amazon customers will now have free, easy returns in all Kohl’s stores. The new functionality will be rolled out to all network of Kohl's locations this summer
FDRA 75th Anniversary Party
The Footwear Distributors and Retailers of America and the NY trade show have come together to celebrate FDRA’s 75th Anniversary and FFANY’s 40th
China’s Green Harbor acquires Jason Wu
Chinese private equity firm Green Harbor Investment has bought a majority stake in the parent company of New York’s Jason Wu. The American fashion brand is aiming at the booming Chinese luxury market
Wolverine reaffirms full-year outlook
The Michigan-based footwear giant reported financial results for the first quarter of the year (ended on the 30th of March). Wolverine also provided an update on its key 2019 investments and full-year 2019 outlook
The new chapter of the US-China trade war
President Trump announced and applied increases on the China tariff rates on List 3 (200 billion US dollars in Chinese-made goods) from 10% to 25%. Remaining goods, including footwear, could be hit with tariffs shortly as a new list was announced
Where do shoes come from?
The recent developments on the trade war US-China made us look into the trade relations of both countries in terms of footwear and curious conclusions about consumption in each of the markets arose. Check them here
David W. McCreight appointed to Wolverine Board of Directors
The Michigan-based footwear giant announced the retirement of Joseph R. Gromek from the company’s Board of Directors, and the appointment of a new Board member, David W. McCreight
Tapestry consolidates growth in sales
The New York-based luxury house has announced third quarter results. Sales increased by 1% in the period, consolidating previous sales growth, and the management continues pleased with the results achieved
We made Coach cool again
The words are from Victor Luis, the man taking the reins of the Tapestry group, which announces itself as the first New York–based House of Modern Luxury Lifestyle Brands. The group's portfolio of brands includes Coach, Stuart Weitzman and Kate Spade
Good quarter at Under Armour elevates outlook
The Baltimore-based sportwear giant reported first quarter results with revenue up by 2% (3% in currency neutral). Good performance in the quarter resulted in updated 2019 full year outlook
Xtep International to buy K-Swiss
PRC-based sportswear enterprise Xtep International Holdings Limited announced plans to acquire E-Land Footwear USA Holdings Inc., the parent company for brands K-Swiss, Palladium and Suprabrands-
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Footwear Consumer 2030
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