Shoes
adidas appoints new managers for Europe
The Germany-based sportswear group has appointed new General Managers for its operations in important Europe markets. France, Italy and Iberia will have new business heads
Ferragamo loses 25% of profits
The Italy-based luxury brand has posted a decrease in revenue for the quarter and for the accumulated in the year. Decline in profit for the first nine months of the year reaches the 25% threshold
Declining sales at J.Crew drive stores closures
J.Crew Group posted another decline in sales in its third quarter, despite strong sales from Madewell, which continues its positive contribution to the group’s performance. More stores expected to close
DSW results impacted by the weather
Net sales increased slightly in the third quarter. Results were impact by the hurricane season and the company has adjusted the outlook for the year, as a result
The European industry needs to attract young people
This is the belief of Dr. Lívia Palicska, President of the Association of Hungarian Light Industry. Given her deep knowledge and experience the worldfootwear.com wanted to know about her views on the state of footwear industry in Hungary and in Europe
Foot Locker and Nike join to elevate customer experience
Foot Locker and Nike are moving into an elevated partnership model. The two companies are again joining forces to offer new experiences to consumers through innovative in-store and pop-up opportunities
Brazilian footwear production increases by 4.5%
According to the Brazilian Institute of Geography and Statistics (IBGE), from January to August this year, production of footwear and footwear parts increased by 4.5%, compared to similar period in 2016
Strong quarter for Crocs
Despite the 1.1% decline in third quarter revenue, compared to similar period last year, the company congratulates itself for the progress made in its strategy and for achieving results above the guidance previously set
Niketown to open in Dubai
Nike will upgrade its retail offering in Dubai in 2018. A Niketow flagship store should open in the region next year
Aldo to continue investing in the Gulf region
The Canada-based shoe company Aldo will continue to invest in the Gulf region where it has a network of 185 stores
Skechers raises 1.8 million US dollars for kids
The 9th edition of Skechers Pier to Pier Friendship Walk raised more than 1.8 million US dollars for children with special needs and education, exceeding its goal. The walk reached a new record with more than 13 000 walkers and participants
Strong quarter for Wolverine
Reported revenue for the third quarter reached 581.3 million US dollars. Company congratulates itself for results above expectations and reaffirms outlook for the year at its upper end
Indonesian authorities call for quality, design and branding
Ngakan Timur Antara, Head of the local Agency for Industrial Research and Development, said it is important for the country’s footwear industry to improve several attributes in order to claim a bigger share of the global footwear market
Kering might be considering Puma’s sale
Luxury group Kering has appointed the financial services group Rothschild & Co. to handle the potential sale of Puma, the sportswear brand from the group’s portfolio-
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