World Footwear

United States

Nike with revenue growth

Jul 3, 2019 / United States
The sportwear giant reported financial results for its fiscal 2019 fourth quarter and full year. Revenue increased in both periods, mainly as a result of strategic investments in innovation and digital

US-China Trade war: new tariffs on hold

Jul 1, 2019 / China
President Trump and President Xi agreed Saturday to hold off on imposing new tariffs and continue trade negotiations, after meeting on the occasion of the G-20 Summit in Osaka

US China meeting to take place this weekend

Jun 28, 2019 / United States
President Trump and President Xi are expected to meet this Saturday in Osaka (Japan) during the G-20 Summit and the international trade topic is hot on the agenda

Hurley with new CEO

Jun 27, 2019 / United States
Nike, the owner of the Hurley brand, appointed John Schweitzer as CEO and CFO for the brand

48 hours Prime Day at Amazon

Jun 27, 2019 / United States
The giant ecommerce player announced its longest Prime Day ever for this July

Thomas G Bata: You have to get the priorities right

Jun 24, 2019 / Switzerland
Watch the interview to learn a bit more about the current trends of the footwear industry according to the views of Thomas G Bata, from the Bata Group

Tamara Mellon raises funding for brand's expansion

Jun 20, 2019 / United States
The co-founder of the Jimmy Choo brand has managed to secure funding to expand her namesake brand. Tamara Mellon raised 50 million US dollars for the expansion of the brand

Tapestry appoints new CFO

Jun 19, 2019 / United States
Joanne C. Crevoiserat was appointed as Chief Financial Officer of Tapestry, the New-York based luxury house

Facebook reveals its Libra cryptocurrency

Jun 19, 2019 / Innovation
Libra was announced as a low-volatility cryptocurrency, powered by a smart contract platform that’s designed to be secure, scalable, and reliable. The cryptocurrency is governed by non-profit Libra Association based in Geneva

India increases tariffs on US goods

Jun 18, 2019 / India
India has imposed higher customs duties on a range of goods coming from the US, effective from last Sunday. This comes as a response to similar measures taken by the US

Walmart has a new Chief Technology Officer

Jun 18, 2019 / United States
Suresh Kumar is a 25-year Tech Executive, who will bring deep experience in retail and e-commerce, advertising, cloud and machine learning

Shoe Carnival declares quarterly dividend

Jun 17, 2019 / United States
The company to pay quarterly cash dividend of 0.085 Us dollars per share, a 6% increase over the prior quarterly cash dividend

New Global Chief Digital Information Officer at Nike

Jun 17, 2019 / United States
Effective from today, Ratnakar Lavu will become the company’s first Global Chief Digital Information Officer. He will report to Eric Sprunk, Nike's Chief Operating Officer

Crocs to reduce sourcing from China

Jun 14, 2019 / United States
The footwear company known for the iconic clogs says the amount of US products sourced from China will be below 10% for 2020. Currently, Crocs imports 30% of its US product from China

Puma to invest 40 million US dollars in Indiana

Jun 14, 2019 / United States
Puma North America intends to invest 40 million US dollars in a new distribution center in Indiana. A 635 000-square-foot building and the hiring of 90 people should be the key elements of the new facility
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