Companies
Giant footwear retailer Belle fears weak China’s economic performance
The company announced its results for fiscal year ending February 2014, with revenue up 1% and net income increasing 10%, but declared it fears that China’s slow growth forecasts might affect the company’s performance
Skechers named Best Lifestyle Brand of the Year
Skechers USA, Inc. was elected at the Sports Trade Awards and adds this new and recent achievement to a year with multiple industry awards
adidas teams up with Pensole to launch Earn Your Stripes
The initiative aims to attract aspiring designers to participate in an intensive design program created to find and develop the next generation of designers for adidas footwear
Ferragamo with continued growth
The group’s revenue for the three month’s period ending 31st March was up by 6.0%. Group net profit for the first quarter reached 26 million euros, 6.9% up from similar period in 2013
Puma and Ferrari in a new footwear partnership
The Germany based footwear company introduces the Ferrari Limitate footwear collection, a limited edition line fusing Ferrari's class with Puma’s aesthetics
Asics with two digits growth on net sales and net income
The Japan based company announced consolidated net sales up by 26.6% reaching 2 375.7 million euros for year ending March 2014. Net income totaled 116.2 million euros, up by 17.0%
US based Brown Shoe announces net income recovery
The company reported consolidation of net sales for the first quarter (0.4% change over the previous year). Net income improved from a 10.8 million USD loss in 2013 to a 15.4 million USD earning in 2014
TOMS looking for new investors
The ethical footwear company, which donates a pair of shoes for each one it sells, is working on investment options to grow and expand
Palladin Consumer Retail Partners acquires AEROSOLES
With this operation the U.S. based private equity firm takes on its portfolio of investments one of the leading companies in the comfort footwear business
Foot Locker announces two digits growth
New York based retailer presented sales up by 14.0% and net income growing at 17.4% during the first quarter of the year
Orla Kiely and Clarks joined forces to produce new shoe line
The fashion designer has used her retro-style prints on everything from couch cushions to ready-to-wear. Now she has teamed up with British brand Clarks to make her debut with footwear-
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