Shoes
India: leather industry aiming at 5%-6% growth
The leather-based industry in India is anticipating registering a growth rate of 5% to 6% in exports for the current fiscal year, 2018-19, according to the Council for Leather Exports
Genesco reports increasing sales
The Nashville-based footwear retailer announced fourth quarter-to-date comparable sales increasing by 4%. As a result, Genesco reiterated most recent adjusted earnings per share guidance
Shoe Carnival raises fiscal year guidance
Shoe Carnival, a retailer of footwear and accessories, updated its sales and earnings guidance for the fiscal year ending in February 2019. The Company also introduced an outlook for fiscal year 2019
Footwear is good news in Bangladesh
According to the Leathergoods & Footwear Manufacturers & Exports Association of Bangladesh, in the first 5 months of the year exports revenue of the leather and footwear industries as a whole underperformed according to the targets set. However, exports of footwear managed to grow in the period
Negative month for Pakistan's footwear exports
Although there was an increase in the number of pairs exported in November, the value of sales abroad in the period declined by 7.2%. Despite the negative month, the accumulated performance in the first five months is still positive
Nike Flex partnership ends
Back in October Flex's management confirmed that both parts have agreed to terminate Nike's footwear manufacturing operation in Guadalajara by the end of 2018
Expo Riva Schuh focus on new digital and fashion trends
Garda is opening their doors from the 12th to the 15th to welcome the international players in the footwear sector and present the accessory trends for autumn/winter 2019/2020
DSW announces new brand Presidents
The Ohio-based designer, producer and retailer of branded footwear and accessories, announced the creation of several new executive positions, creating brand leadership following the 2018 acquisitions
Amazon with record holiday sales
The US-based ecommerce giant announced a “record-breaking holiday season” with athleisure cited as a “top trend”. Amazon registered more items ordered worldwide than ever before, with customers shopping at record levels from a wide selection of products across every department
Nike names G. Scott Uzzell Head of Converse
Effective from the 22nd of January G. Scott Uzzell will become President & CEO of Converse, Inc. Uzzell comes to Converse from The Coca-Cola Company where he most recently served as President, Venturing & Emerging Brands Group (VEB)
Columbia closes buyout of China joint venture
As the new year started, Columbia Sportswear announced it has closed its buyout of the remaining 40% interest in Columbia Sportswear Commercial (Shanghai) Company, the joint venture in China with Swire Resources Limited
80 Sears and Kmart locations to close
Sears Holdings, in bankruptcy proceedings since October, revealed 80 more Sears and Kmart stores it plans to close in late March 2019
Foot Locker invests in children's footwear business
After a strong third quarter, Foot Locker announced it would be investing more in the business. The first strategic move is the acquisition of a minority stake in Super Heroic, Inc., a lifestyle brand focused on the young segments
Vivarte: restructuring is over
The words are from Patrick Puy, Vivarte CEO. The French-based group announced the final results for financial 2018, marked by a reduction of the net loss and the group's financial debt
Blake Nordstrom dies at age 58
The 58-year old co-President of Nordstrom, Blake Nordstrom, died early Wednesday morning. Blake's brothers, Pete and Erik Nordstrom, will continue as co-Presidents of the company-
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