News
Changes in Under Armour’s senior management team
Henry Stafford, Chief Merchandising Officer, has decided to leave Under Armour after six years of service
Argentina: Production down and imports up worry local industry
The head of the Chamber of the Footwear Industry in Cordoba, Miguel Hames, has announced that production levels in local factories are roughly 40% below the levels registered by this time last year
Kenya to ban imports of low quality leather
The country plans to put in place rules to ensure that all leather imports meet quality standards
Dunlop Protective Footwear acquires Onguard
The Netherlands-based protective boots company announced this deal as part of its global growth strategy
Coach returns to growth
The US–based company has announced third quarter net sales increasing by 13% over prior year on a constant currency basis (up by 11% on a reported basis). Coach maintains the guidance for consolidated full year 2016
Asics to be national partner of Girls on the Run
The non profit organization working with young girls has announced the extension of the partnership with Asics, who will become its National Footwear Partner
Timberland sets 2020 sustainability goals
The company unveiled the Timberland Environmental Product Standards (TEPS) due to be implemented across all product categories, while it announced the new five-year performance targets
Burberry posts disappointing sales
The luxury British-based brand reported a 1% decline in total revenue, reflecting negative growth in retail, wholesale and licensing. Such disappointing second-half sales let the company to warn on profit for the current fiscal year
Lemon Jelly's first pop-up store in Asia
The brand is part of Portuguese-based Procalçado, a group of companies with 4 decades of experience in the footwear industry
China leather industry expected to keep on track
Moderate growth in revenue and profits is expected for 2016 according to CLIA, the China Leather Industry Association, notwithstanding the uncertainty in overseas markets which poses various challenges for exports
FFANY names winners of scholarship
The Fashion Footwear Association of New York (FFANY) and Arsutoria School in Milan have announced the winners and finalists of the 2016 Joseph C. Moore Footwear Scholarship
Steve Madden announces stable results
Net sales increased by 1.7% in the first quarter. Net income grew by 1.0% in the same period
Brazilian Footwear identifies targets for next two years
This incentive program aimed at footwear exports and developed by Abicalçados and Apex-Brazil is renewed every two years since its implementation in 2000
adidas removes plastic bags from its own retail stores
The Germany-based group has announced it will eliminate approximately 70 million plastic shopping bags per year, another step in its sustainability strategy
adidas sues Ecco over trademark infringement
Last week Adidas America Inc. and parent company adidas AGhas filed a lawsuit in the U. District Court of Oregon against Ecco USA Inc. and Ecco SKO A/S over its three-stripe mark
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