Companies
Crocs raises guidance
The Colorado-based footwear company known for its clogs announced it raised its revenue guidance for the fourth quarter ended on the 31st of December 2019
DiVERGE, made to order
The Portuguese-based brand was founded by a group of friends that got frustrated at how difficult it is to find special sneakers that perfectly match each ones style. DiVERGE sneakers are made to order
Brazilian exports cross the 965 million US dollars threshold
Data gathered by the Brazilian Footwear Industries Association (Abicalçados) indicates that 114.55 million pairs of shoes were shipped abroad between January and December, generating 967 million US dollars in exports in 2019
Asics expands global tennis sponsorships
The Japan-based brand announced the sponsorship of Borna Coric and Caroline Garcia ahead of the start of the 2020 season. Iga Swiatek also joined Asics Tennis
Pentland acquires the Speedo North America
PVH Corp. has announced that it has entered into a definitive agreement to sell its Speedo North America business to Pentland Group, parent company of Speedo International Limited
LVMH names Hélène Valade Director of Environment
French luxury group LVMH has just appointed Hélène Valade as Director of Environmental Development. The executive replaces Sylvie Bénard, who will retire after 26 years in office
Tapestry joins Australian relief efforts
The New-York based luxury group has announced a 100 000 US dollars gift from the Coach Foundation to Australian Relief Efforts
J.Crew Group announces quarter results
The New-York based company announced financial results for the third quarter and first nine months of fiscal 2019. On the occasion a Transaction Support Agreement with Ad Hoc Group of Creditors has also announced
Liverpool and Nike with multi-year partnership deal
The football team based in the northwest England announced a new multi-year partnerhsip with Nike, which becames its official kit supplier from the 2020-21 season onwards
Reef signs new EMEA distributors
Reef Lifestyle, LLC announced it has entered into several new distribution agreements with leading footwear distributor partners across Europe, the Middle East and Africa (EMEA)
2019: the highs and lows of the Italian industry
Assocalzaturifici gives a snapshot of the current state of the industry emerging from a survey focused on the first nine months of 2019 conducted by the Confindustria Moda Research Centre
Genesco acquires footwear licensee Togast
The Nashville-based group has announced the acquisition of leading footwear licensee Togast. Genesco also confirmed it has entered into a new Levi's footwear license agreement
Toms ownership to be taken over by creditors
Toms Shoes LLC’s creditors have agreed to take over the maker of casual footwear in exchange for restructuring its debt, according to a company letter sent to employees and people familiar with the matter
LVMH acquires stake in Masoni tannery
The French-based luxury group acquired a minority stake in the Santa Croce sull'Arno (Florence) tannery Masoni Industria Conciaria SpA stock package. The deal was made through the LVMH division Métiers d' Art
Portuguese footwear industry with new sustainability plan
Back in December the Portuguese Footwear, Components, Leather Goods Manufacturers' Association (APICCAPS) has presented a new Action Plan focused on Sustainability-
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