Shoes
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
Grendene maintains targets
The Brazil-based company has announced net revenue up by 9.0% in the first nine months of the year. Despite the difficulties in the markets, the company says its business is performing well and will maintain the guidance for the year
New quarterly sales record for Skechers
The US-based sportswear giant has increased net sales by 16.2% in the third quarter of the year, reaching a new all-time high
DeGier, the dream of making the best shoes
DeGier was born with the dream and purpose of making top quality footwear while remaining faithful to the ancient craftsmanship techniques already in use in the company
Asics wants to make soles in a microwave
The Japanese brand is testing a new way to produce the midsoles of sneakers with microwave technology. Asics believe this can lead to usage of 90% less energy than standard production techniques
Aldo Camuto deal is off
The acquisition of the footwear business of the Camuto Group by footwear company Aldo is not progressing. Aldo announced it saying both parties have decided not to pursue. Both brands plan to continue working as partners
Athleisure products drive Stella’s growth
The Hong Kong based footwear giant has announced volumes increasing by 4.1% in the third quarter, with revenue down by 2.5%. The first nine months registered increases in both volume and vale much driven by the athleisure segment-
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