News
Nike reports strong growth
The Oregon-based sportswear giant reported financial results for its fiscal third quarter. Revenue increased by 7% totalling 9.6 billion US dollars (up by 11% on a currency-neutral basis)
Tom Ford will head the CFDA
The CFDA Board ratified Tom Ford as their Chairman. The award-winning fashion designer, film director, screenwriter, and film producer will succeed current Chairwoman Diane von Furstenberg effective from the 1st of June
Nine West emerges from Chapter 11 and renames business
The US-based retailer completed its financial and operational restructuring and emerged from Chapter 11 under the majority equity ownership of CVC Credit Partners and Brigade Capital. Nine West renamed to Premier Brands
DSW rebranding strategy
DSW Inc. announced a 3-year strategic plan with new priorities and financial goals. The company is changing its name to Designer Brands to reflect strategy and business model
Skechers sponsors Los Angeles Marathon
US-based footwear giant returns as title sponsor for the 2019 Skechers Performance Los Angeles Marathon on Sunday, 24th of March. Skechers Performance Elite Athlete Weldon Kirui set to compete for record third victory at the race
Dick's Sporting Goods enthusiastic about the business
The US-based sporting goods chain reported falling sales and earnings for the fourth-quarter due to a calendar shift. For the full year, Dick’s Sporting Goods predicts consolidated same-store sales to be approximately 0%-2%
Under Armour names Chief Design Officer
19-year veteran Kasey Jarvis joins the Baltimore-based marketer and distributor of branded performance athletic apparel, footwear and accessories from Black Diamond Equipment
Pan African leather fair to be held in Egypt
Informa Exhibitions have announced the launch of Pan African Leather Fair to be held in June 2020, in Cairo. Powered by APLF, the exhibition will be the definitive event for the leather industry in the Middle East and Africa
Gallery Shoes with steady attendance
Steady attendance at the last edition of the Gallery Shoes with 9 800 professional visitors. According to organisers, this was an event with a good atmosphere and results despite stormy weather conditions
JD Sports to buy remaining shares of Footasylum
UK-based retailer JD Sports has agreed to buy the remaining shares of Footasylum, in a cash deal, a month after it took an initial stake in the company
Stable is the word for Deichmann in 2018
Shoe retailer Deichmannn reported growth in 2018 despite difficult market conditions. The group of companies is reporting a plus both in the number of shoes sold as well as in turnover
Furla exceeds 500 million euros in turnover
The Italian-based group continues to announce growth, hitting 513 million euros in turnover in 2018, a 5.2% increase at constant exchange over 2017 (2.8% increase at current exchange)
Sustainability to the fore at APLF
Sustainability cuts across all sectors so it is not just sustainability and leather. The 4 events taking place in Hong Kong these days are all drawn together and linked not only by materials, manufacturing, components and fashion applications but by sustainability itself
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