Companies
United Nude launches 3D printed shoes
The famous footwear brand has designed the Float shoe, which can be 3D printed at home on a compact desktop machine
Steve Madden reports decline in earnings and sales
The US based footwear specialist announced sales down by 0.6% in the second quarter compared to similar period in 2013. Net income decreased 3.3%. The management team highlights the difficulties behind the performance
adidas updates financial outlook for the year
Germany based sportswear giant announces new financial targets and a set of new strategic measures
Crocs continues with sinking income and plans to close stores
Company’s revenue grew 3.6% and performed better in the second quarter of the year after the first 3 months characterized by frozen sales. Net income continues to free fall, and stores closures have been announced
Deckers results reveal widening first quarter losses
Despite two digits growth on net sales, the company reported a deterioration of its net income, which now stands at a loss of 37.1 million US dollars
Grendene with recovering profit
During the second quarter of the year, the Brazil based footwear company, presented net revenue with modest growth (1%). Profit is now recovering and grew 9.4% in the second quarter, after a 5.7% decline in the first quarter
Hunter with new distribution strategy in Japan
Hunter Boots Limited and Itochu Corporation announced an agreement to found a joint venture, Hunter Japan K.K., which will guarantee a new distribution strategy in Japan to coincide with the launch of the spring/summer 2015 selling season
Wolverine announces record revenue
In the second quarter of the year, the US based company generated revenue reaching 613.5 million US dollars, a solid increase of 4.4% compared to similar period in the previous year. Net income increased from 17.9 million US dollars to 27.5 million US dollars
Cristiano Ronaldo announces footwear brand 100% Made in Portugal
The winner of the FIFA Ballon D’Or for the best footballer in 2013 has just announced through social media he is launching a new footwear brand under his name
New Footwear Production Code of Conduct in the US
The Footwear Distributors & Retailers of America (FDRA), the largest footwear trade association in the US, released a comprehensive Footwear Production Code of Conduct for its industry
Debt restructuring launched at shoemaker Alpina
The District Court in Kranj, Slovenia, has launched debt restructuring proceedings at footwear maker Alpina, after accumulation of a debt totaling 42 million euros
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