China
Yue Yuen’s profit sinks
The world's leading footwear manufacturer increased total revenue by 6.8% to 5 935.9 million US dollars in the first nine months of the year, but net profit for the period declined by 36.8%
China’s national footwear consumption with upward trend
According to the China Leather Industry Association (CLIA) the growth rate of sales on clothing, shoes and hats grew 10.5% in September
Nike’s ladies only format arrives to China
The US based sportwear giant opened its second women’s-only store in Shanghai. A 4 500 plus square-foot consumer store offering Nike’s products, including premium women’s running, training and sportswear styles
China believes in the growing potential of footwear imports from Portugal
Huang Songfu, the Chinese ambassador in Portugal, believes the increasing purchasing power of the Asian giant can be a key element to leverage Portuguese footwear exports
ANTA signs agreement with Eurostop
China based sports giant elected Eurostop retail management systems for its distribution network of over 12 000 stores
Footwear company Stella with rising profit
Net profit attributable to shareholders increased 4.6% during the first semester of the year as a reflection of the improvement on global economy, the company believes. Sales were up by 3.6%
361 Degrees gets ready for US launch
Chinese sportswear brand is aiming to launch some products in selected retailers in North America within the next few weeks. A full collection will follow next Spring
Dongguan focusing in high-end products
The China Leather Industry Association (CLIA) quotes Wang Shengpei, President of the Dongguan Leather and Footwear Association, to announce that Dongguan eliminated 30% of shoemakers while targeting high-end segments
Su Chaoying, President of the China Leather Industry Association, live on World Footwear
China is the world's most relevant footwear producer and exporter, and as we prepare to the World Footwear Congress in Léon we spoke to Mr Su Chaoying, President of the China Leather Industry Association (CLIA) and one of the speakers at the event
Ultrasonic CEO appears but circumstances of the disappearance remain unclear
The German based footwear group, mainly active in China, has been on the news in the last couple of weeks after its CEO disappeared and funds of the company went missing. Now the CEO re-appeared but is not clear what happened
Slower growth in China's leather industry
According to a press release issued last week by the China Leather Industry Association (CLIA) the leather industry in the country showed a slow growth in production in the first half
Shoemakers in Quanzhou with a 10% rise in business orders
According to the China Leather Industry Association (CLIA) during the first half of the year, many manufacturers in the Quanzhou area had an increase in their orders
adidas plans expansion strategy in China
Giant sport's brand adidas has partnered with international retail planning experts GMAP Marketing Consulting (Shanghai) Ltd to roll out their China expansion strategy
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