Shoes
adidas sues Ecco over trademark infringement
Last week Adidas America Inc. and parent company adidas AGhas filed a lawsuit in the U. District Court of Oregon against Ecco USA Inc. and Ecco SKO A/S over its three-stripe mark
Record quarter revenue at Skechers
Net sales in the first quarter totaled 978.8 million US dollars, which compares to 768.0 million US dollars in similar period in the previous year, an increase of 27.4%
Sears Holdings to close 78 stores
The Illinois-based group owner of retail store brands Sears and Kmart believes the decision aims to accelerate its transformation and its return to profitability
NAE Vegan launches line of shoes made using pineapple
No Animal Exploitation (NAE) is a sustainable brand based in Portugal and specialized in manufacturing vegan shoes. Now they are venturing into a new line of footwear using a material made from pineapple leaves
Salvatore Ferragamo CEO to exit by end of 2016
Michele Norsa will leave the end of the year after a decade at the service of the Italy-based luxury goods maker
Leather footwear exports continue to decline in India
According to the Council for Leather Exports (CLE) leather footwear exports reached 1 802.48 million US dollars in the first ten months of the fiscal year, declining by 7.0% from similar period in the previous year
Under Armour with 30% net revenue growth
The Baltimore–based company announced first quarter results and has raised full year net revenues outlook to 5.0 billion US dollars
Bata repositions business in Switzerland
Bata’s Switzerland unit is closing the remaining 29 stores in the country as part of its ongoing restructuring strategy
Campobello, footwear that fits within the modern lifestyle
Campobello Shoes is a Portuguese footwear company founded in 1999 and dedicated to develop and produce leather shoes
Prada’s weak results
According to Bloomberg Prada has failed to meet its own earnings forecasts in 11 of the past 12 quarters. This was aggravated by profit margin shrinking from 27% in 2012 to 14% last year
Brazilian footwear exports recover ground but are still below expectations
According to data released by Abicalçados, footwear exports were down by 6.1% in the first quarter of 2016, compared to similar period last year. Notwithstanding, in March a recovery was registered
Cambodian footwear exports on the rise
The country's garment and footwear exports increased by 7.6% in 2015 and reached 6.3 billion US dollars, according to the Cambodian Garment and Footwear Sector bulletin
Bata with new CEO
Former Heineken president Alexis Nasard is taking the position left vacant by the departure of Jack Clemmons last September. He will lead Bata’s global branded, retail and e-commerce footwear business
Alibaba acquires controlling stake in Lazada
With this transaction Alibaba becomes a key player in online commerce in the Southeast Asia region-
Footwear Consumer 2030
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