Companies
Wolverine completes debt refinancing
The Michigan-based company announced the completion of its debt refinancing activities, including the amendment of its senior credit facility and the redemption of its 6.125% Senior Notes due 2020
Steinhoff acquires South African shoe retailer
The South African-based international retail holding company, agreed to buy Tekkie Town, a local shoe retailer with 302 stores. The announcement follows recent confirmation of 2 digits' growth in the company’s profit
Perks, the reinterpretation of footwear
Drawing inspiration from the reinterpretation of the classic male shoe, Perks combines innovation and 75 years of experience and know how to design timeless and versatile shoes
Sales up at DSW
The branded footwear and accessories retailer, announced financial results for the second quarter and first semester. Sales increased by 5% in both periods
Gillian Meek is Ked's new President
Wolverine Worldwide announced the promotion of Gillian Meek to President of Keds, effective from the 12th of September onwards
Crocs encouraged with progress made despite decline in revenue
The company reported decreasing revenue for the quarter (- 6.3% in current currency and -6.2% in constant currency). Net income increased by 21.1% totaling 11.7 million US dollars
Under Armour to open fourth Distribution Center in 2018
A new 1.3 million-square-foot e-commerce distribution and warehouse facility is planned to open in Baltimore County, as part of the Tradepoint Atlantic redevelopment project
Wolverine announces expansion of its Big Rapids factory
The US-based footwear giant announced a new two-million US dollars investment resulting in an extra 16 thousand square feet facility
Mixed results posted by Prada
The first half of the year was impacted by tough trading conditions, especially in the first quarter but an improvement has been seen in the following months
Foot Locker sales over the 1.75 billion US dollars threshold
The New York-based specialty athletic retailer announced sales up by 5% in the second quarter, mainly driven by continued expansion and comparable-store sales growth
adidas to open US-based factory
adidas announced it will open a new footwear production site in the Atlanta area in 2017. The new Speedfactory will allow adidas to “create product more quickly and closer to US consumers”
Frozen results at Steve Madden
Net sales increased by 0.6% totaling 325.4 million US dollars. Net income reached 24.7 million US dollars compared to 24.5 million US dollars in similar period in 2015
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