News
FDRA promotes Matt Priest to CEO
The Footwear Distributors & Retailers of America (FDRA) announced the elevation of FDRA President Matt Priest to the role of Chief Executive Officer (CEO)
adidas opens largest store worldwide in NYC
The Germany-based sportswear giant opened a new flagship at the intersection of 5th Avenue and 46th Street. adidas NYC heralds a new era in how consumers experience creativity and sport in stores
Shoes For Crews to acquire SureGrip Footwear
Shoes For Crews, LLC the global leader in slip-resistant footwear and Genesco Inc. announced that they have entered into a definitive agreement under which SFC will acquire the SureGrip Footwear
Declining footwear exports in India
According to the Council for Leather Exports (CLE), footwear exports reached 1 262.59 million US dollars in the period April-September, the first semester of the fiscal year in that country, showing a drop of 1.81% over the same period last year
Dr. Scholl’s with new kids’ collection
The footwear brand, owned by Caleres Inc., is teaming up with licensing partner Elan Polo International to launch its first children’s collection
Sarah Jessica Parker to debut first standalone boutique
The famous actress will witness the inauguration of her first standalone boutique in Washington on the 8th of December. SJP by Sarah Jessica Parker will feature the designer's chic collection of shoes, handbags and accessories
Genesco with declining net sales
The Nashville-based group closed the third quarter of the current financial year with net sales dropping by 8%. Earning from operations with double digit decline
Cyber Monday sets new online sales record
The Monday after Thanksgiving hit a new online record for the US with an estimated 3.45 billion US dollars spent via ecommerce, a 12.1% increase over a year ago
adidas unveils new biodegradable footwear
The Germany-based sportswear giant continues its focus on sustainability and now has presented its Futurecraft Biofabric shoe, which will be biodegradable
Boris Becker to launch footwear collection in Delhi
An historic world number one, tennis legend Boris Becker will launch his footwear collection in India on the 26th of December
Indonesia considers rising tax on leather exports
Several local media reported that the government may increase excise taxes on exports of unprocessed and semi-finished leather to restrict sales abroad. A serious matter given the local shortage of such raw material
The Coolest Kids
APICCAPS, the Portuguese Footwear, Components and Leather Goods Manufacturers’ Association, has launched a new campaign focused on children’s footwear
Softer results for athletic footwear in the US
According to the NPD Group, US athletic footwear results in the third quarter were softer than in the first two quarters of the year, with sales growing by only 2% in terms of value
Nike’s self-lacing sneakers to cost 720 US dollars
Nike announced the retail price of its model HyperAdapt 1.0, the self-lacing model inspired by the 1985 movie Back to the Future Part II
Our industry will continue to suffer in the coming years
The words are from Claude Paquin, Presidente of the FFC, elected earlier in the year and succeeding Jean-Pierre Renaudin, who presided over the professional organization over an 8 years' period
Revenues at Crocs in line with expectations
Revenues in the third quarter were in-line with guidance at 245.9 million US dollars. On a constant currency basis, revenue decreased by 11.6%, compared to the same period last year
36% of customers planning to increase shoes spending over the holidays
The FDRA, the association representing the Footwear Distributors and Retailers of America, conducted a nation-wide shoe sales survey aiming to analyse the online purchases in this holiday season
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