Companies
Crocs to relocate global headquarters
The US-based footwear maker is investing for growth with a state-of-the-art facility, central location and access to additional talent. The global headquarters of the brand will relocate to Broomfield, Colorado in 2020
Sale of the Lids Group is complete
Genesco announced today that the company has completed the sale of its Lids Sports Group to FanzzLids Holdings for 101 million US dollars
Deckers: net sales up by 7.8%
The California-based giant focusing in designing, marketing and distributing footwear, apparel and accessories, announced financial results for the third fiscal quarter. Deckers also updated its outlook for the full fiscal year
tReds falls into administration
The UK-based footwear retailer, with a chain of footwear stores across the UK and an online operation, has been placed into administration
Leather sector in India to benefit from shifting businesses
The Indian leather sector is expecting businesses to shift away from China and other locations with higher labour costs. They also want to lower exposure from volatile market conditions and are looking for alternative markets
Portugal creates hundreds of new footwear brands
The creation of own brands is one of the main focus of the Portuguese footwear industry. According to the Portuguese Footwear Technological Centre and its Office for the Promotion of Industrial Property (GAPI) 238 footwear brands were created since 2010
adidas focus on shoes made of recycled plastic waste
The Germany-based sportswear brands want to upscale production from five million pairs of shoes containing recycled plastic in 2018 to eleven million pairs in 2019
Neiman Marcus’ Chief Merchandising Officer resigns
Jim Gold, president and chief merchandising officer of Neiman Marcus Group, will resign from his position, effective fromt he 15th of March
Record results for LVMH
LVMH Moët Hennessy Louis Vuitton recorded revenue of 46.8 billion euros in 2018, an increase of 10% over the previous year. Organic revenue growth was 11%. All business groups recorded excellent performances
Iconix appoints CFO
The US-based group announced John T. McClain as new CFO, effective from the 11th of February 2019. He will report to Robert Galvin, CEO, President and a member of the Board of Directors at Iconix
Puma appoints Chief Sourcing Officer
The Herzogenaurach-based (Germany) sports giant appointed Anne-Laure Descours as Chief Sourcing Officer and Member of the Management Board
Join the footwear industry in Naples
Registration to the sixth edition of the World Footwear Congress is now open. All footwear stakeholders are invited to join the debates in Naples, from the 3rd to the 5th of April 2019
US: online sales grow by 16.5% in the holiday season
According to the Adobe Digital Insights Holiday Recap 2018, 126 billion US dollars were spent online this holiday season in the US, which represents an increase of 16.5% year-over-year
Sri Lanka: revenue from footwear and leather tripled
According to statistics issued by the local entities revenue generated by exports of these industries have presented a very dynamic performance in over one decade, growing by 300%-
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