Germany
Skechers: best brand of the year in Germany
The California-based footwear giant received the award for Best Brand of the Year at the Schuhkurier Awards 2019
Lowa acquires Italy’s Riko Sport
The Germany-based sporting goods company has acquired the Italian shoe specialist Riko Sport S.r.l., a core supplier of Lowa’s footwear
BASF with major investment in footwear
The Germany-based company announced new investments to strengthen its global footwear presence: new Footwear Development Centers in the US and Thailand, new Footwear Innovation Center in Taiwan and expansion of the Footwear Development Center in Italy
Puma commits to 35% reduction in carbon emissions
Germany-based sports company Puma aims for a 35% reduction of its greenhouse gas emissions by 2030, a target which was approved by the Science Based Target initiative (SBTi)
Deichmann announces UK expansion
The Germany-based retailer has announced plans to expand its UK store portfolio. Last year the brand has opened 9 stores in that country bringing its network of stores in the UK to 102
adidas employees run to preserve the oceans
The Herzogenaurach team of the sportswear giant adidas has organised an activity to raise awareness for the oceans and the importance of fighting pollution
BASF invests in Longwater Advanced Materials Fund
The Chinese fund focuses on advanced materials and chemistry-related technologies. The partnership will facilitate a synergetic collaboration between BASF Venture Capital and Longwater Investment
India’s leather footwear exports up by 1%
According to the Council for Leather Exports in the first 10 months of the fiscal year exports of leather footwear increased by roughly 1%. Exports of the overall leather industry are declining
adidas continues fight against marine plastic pollution
The Germany-based sportswear giant announce a global initiative to be set on World Oceans Day (8th of June) with the goal of raising 1.5 million US dollars to fight marine plastic pollution
Gallery Shoes update to the industry
As the next edition of Gallery Shoes fast approaches, the management of the trade fair issued an update with information about the event
Gallery sets the bar high for the next edition
Setting itself as an early ordering event, Gallery is expecting a 27% increase in the number of exhibitors and product groups are set to grow by 35% in terms of floor space at the coming July event
adidas with successful start into 2019
Germany-based giant announced revenue growth of 4% (currency-neutral) in the first quarter of the financial year. Net income from continuing operations increased by 16% in the period. Full-year outlook confirmed
Best quarter ever for Puma
Puma's sales growth continued in the first quarter of 2019. Sales rose by 15.3% currency-adjusted to 1 319.3 million euros (+16.6% reported) compared to 1 131.1 million euros last year. CEO announces best quarter ever
adidas invests in China to accelerate expansion
The Germany-based sports brand is heavily investing in China, where its growth is three times higher than in the rest of the world. adidas plans to open 1 000 stores in China this year and expand ecommerce
Puma to be Formula 1's partner
Sports company Puma has announced a long-term partnership with Formula 1 to become the exclusive merchandise retail partner from the start of the 2019 season. This year, Puma stands and superstores will be present in 17 out of the 21 Grands Prix in the calendar-
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