World Footwear

Shoes

adidas to close stores in online push

Apr 13, 2018 / Germany
adidas expects to close down several stores in the coming years as part of a shift towards selling more goods online

Puma uplifts full-year guidance

Apr 13, 2018 / Germany
The Germany-based sportswear brand expects its net profit to improve significantly in 2018 and has therefore slightly increased its year-end earnings forecast after publishing its provisional numbers for the first quarter

KEEN welcomes Tim Bartels

Apr 11, 2018 / United States
Portland-based outdoor and lifestyle footwear brand as announced Tim Bartels as the new Vice President of sales for the Outdoor, Lifestyle and Kids (OLK) categories at KEEN

Foot Locker remains a highly profitable company

Apr 11, 2018 / United States
Richard Johnson, Chairman of the Board and CEO of the New York-based specialty athletic retailer commented the financial results for Foot Locker's fourth quarter and full year

Retail sales increase by 4.4%

Apr 10, 2018 / United States
According to the FDRA, Footwear Distributors and Retailers of America, quoting the National Retail Federation, February retail sales increased by 4.4% year-over-year as the economy continued to grow. The numbers exclude automobiles, gasoline stations and restaurants

Indonesia targeting the top 3

Apr 10, 2018 / Indonesia
The country’s footwear production reached 1.185 billion pairs in 2016, making Indonesia the 4th largest manufacturer. Now, authorities are focused on moving the country's production capability to the big three

Macy’s CFO to retire

Apr 9, 2018 / United States
Macy’s, Inc. announced Karen Hoguet, Chief Financial Officer, will retire by February 2019. Transition plan is underway

Nine West near bankruptcy plans to sell footwear

Apr 9, 2018 / United States
The New York-based footwear, accessories, women's apparel, and jeanswear company with a portfolio of brands that includes Nine West, Anne Klein, and Gloria Vanderbilt announced that it has filed voluntary petitions for reorganization under Chapter 11 of the US Bankruptcy Code

Ferragamo with declining revenue

Apr 6, 2018 / Italy
The Italy-based luxury group announced its preliminary 2017 financial results. Revenue for the year totaled 1.393 billion euros, declining by 3.1% from the previous year 

Shoe Carnival’s athletic mix expands to 53%

Apr 6, 2018 / United States
The company recently reported 2017 results, marked by earnings rising by 30.1% on an adjusted basis, hitting the high end of guidance. Same-store sales dipped by 0.5%. Now more details were made public

XUZ, Handmade Lovers

Apr 5, 2018 / Portugal
Created in 2008 Portuguese-based brand XUZ was born from the idea of a return to the origins. The brand has a wide portfolio of clogs

adidas rises target after robust 2017

Apr 5, 2018 / Germany
In 2017, the-Germany based sportswear giant reported double-digit growth in almost all regions. As a result of the good performance the company is upgrading its profitability target for 2020

Stable sales at Pou Chen

Apr 4, 2018 / Taiwan
By the end of February consolidated sales of the Taiwanese-based company, a major manufacturer for worldwide recognized footwear brands, reached 1.4 billion US dollars

LVMH most attractive employer among students

Apr 4, 2018 / France
The luxury house has consolidated its position as the preferred employer among students at French business schools in the latest Universum ranking

Higher revenue but lower profit for Yue Yuen

Apr 3, 2018 / Hong Kong
The Hong Kong headquartered footwear group Yue Yuen announced revenue of 9.12 billion US dollars in 2017, representing a 7.6% increase year-on-year but profit attributable to owners of the company declined by 2.9%
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