World Footwear

Footwear

India has potential to increase production

Aug 4, 2017 / India
The Minister of State for Finance Santosh Gangwar went even further saying that India has the potential to become the biggest footwear producer by 2020

Brazilian footwear exports return to growth

Aug 4, 2017 / Brazil
Although impaired by the recent appreciation of the real against the US dollar, Brazilian footwear exports recorded a 14.7% increase in value in the period between January and July

Skechers aims to have 400 stores in India

Aug 3, 2017 / India
The US-based company is planning to add 300 new stores to its distribution network in India, taking the total count to 400 outlets over the next three to five years

Friendly Fire opens first store

Aug 3, 2017 / Portugal
The Portuguese brand of footwear, focused on inspiring women to express their personality through their bold products, is now opening their first own store

Louis Vuitton with 12% organic revenue growth

Aug 2, 2017 / France
The luxury goods brand has announced first half results. Growth marked the performance of the company in the first six months of the year

Wolverine sells Sebago

Aug 2, 2017 / United States
The US-based footwear group has announced it has sold its Sebago brand to BasicNet, S.p.A., an Italian corporation with a global footprint that has a portfolio of brands, including Kappa and Superga 

UNIDO to support development of textile and footwear in Armenia

Jul 25, 2017 / Armenia
According to the Armenian News Agency UNIDO will set up a program providing 2 million US dollars for the development of the textile and footwear industries in the country

Vietnam with growing exports

Jul 25, 2017 / Vietnam
According to the General Department of Customs in Vietnam, in the first six months of the year, exports of footwear increased by 11% from similar period in 2016

Michael Kors to buy Jimmy Choo

Jul 25, 2017 / United States
With the acquisition of the iconic luxury accessories brand, Michael Kors expects to expand its leadership position in the global fashion luxury segment and strengthen future growth opportunities

Undandy to open own factory

Jul 24, 2017 / Portugal
The company founded in 2015 is planning to invest one million euros to set up its own factory in São João da Madeira, one of the most relevant regions for footwear manufacturing in Portugal

Nicaragua is promoting its industry abroad

Jul 21, 2017 / Nicaragua
A delegation from Nicaragua’s official investment promotion agency, PRONicaragua, will participate in the forthcoming edition of the Footwear Sourcing Intelligence Summit, organized by the Footwear Distributors and Retailers of America (FDRA)

Skechers with record net sales

Jul 21, 2017 / United States
The California-based company continues to cross milestones. Second quarter net sales totaled 1.026 billion US dollars, an increase of 16.9%. First semester net sales increased by 13.0% crossing the 2.1 billion US dollars threshold 

Retail sales up by 3.2% in the US

Jul 20, 2017 / United States
According to the National Retail Federation, retail sales in the US in June were essentially unchanged over May on a seasonally adjusted basis, but up by 3.2% unadjusted from June 2016

Puma raises guidance

Jul 19, 2017 / Germany
The Germany-based sporstwear giant has updated its guidance for the full year after announcing its second-quarter results

New Italy-Vietnam footwear technology centre

Jul 18, 2017 / Vietnam
The facility, inaugurated at the Lefaso Centre in Binh Duong, was set up as part of a new collaboration between the two countries and aims to promote research and development of leather-shoe products
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