The Germany-based sportswear giant continues its focus on sustainability and now has presented its Futurecraft Biofabric shoe, which will be biodegradable
Several local media reported that the government may increase excise taxes on exports of unprocessed and semi-finished leather to restrict sales abroad. A serious matter given the local shortage of such raw material
According to the NPD Group, US athletic footwear results in the third quarter were softer than in the first two quarters of the year, with sales growing by only 2% in terms of value
The words are from Claude Paquin, Presidente of the FFC, elected earlier in the year and succeeding Jean-Pierre Renaudin, who presided over the professional organization over an 8 years' period
Revenues in the third quarter were in-line with guidance at 245.9 million US dollars. On a constant currency basis, revenue decreased by 11.6%, compared to the same period last year
The FDRA, the association representing the Footwear Distributors and Retailers of America, conducted a nation-wide shoe sales survey aiming to analyse the online purchases in this holiday season
The US-based branded footwear and accessories retailer, announced financial results for the third quarter, with sales increasing by 4.7%, totaling 697 million US dollars
Eddy Widjanarko, Chairman of the Indonesian Footwear Association (Aprisindo), said local footwear factories are currently only operating at a utilization rate of between 50-60%
Total footwear sales abroad in the first six months of the year reached 6.23 billion US dollars rising from a total of 5.88 billion US dollars for the same period in 2015