News
adidas achieves targets in 2014
Sales up by 6% on a currency-neutral basis, excluding Rockport divestiture. Underlying net income to reach target of around 650 million euros
Yue Yuen sales to reach 8 billion US dollars
The world’s largest manufacturer of sports shoes announced an increase in revenue for December 2014. This monthly performance is in line with regular increases occurred during the rest of the financial year
Wolverine Worldwide with steady growth
The US-based footwear giant announced preliminary unaudited financial results for its fourth quarter and full-year ended at the 3rd of January. Revenue for the quarter up by 9.6%
Museum of Shoes for Bound Feet re-opens
The musuem showcasing more than 5 000 pairs of foot-binding shoes (lotus shoes) re-opened last week in the Anren Town of Dayi County (China's Sichuan Province), after undergoing reconstruction following the fire last year
Converse presents the Andy Warhol Collection
The debut of the new line results from a partnership of the footwear brand with the Andy Warhol Foundation
Argentina footwear industry new focus on Russia
High-level footwear exports to Russia could represent an opportunity for the Argentinian industry, according to Mr Horacio Moschetto, CIC’ Secretary (Chamber of the Footwear Industry)
adidas sells Rockport
Agreement will reach a total of 280 million US dollars. The buyer is a new entity formed by Berkshire Partners and New Balance
Vince Camuto dies at age 78
The footwear legend behind Nine West and Camuto Group has passed away today at his home
Skechers plans to expand business in Europe
The US-based company is launching a Central Eastern Europe subsidiary as part of a strategic plan to double sales in the region
Americans buy 7.5 pairs of shoes per year
The number has been released by the American Apparel & Footwear Association (AAFA) while announcing their ApparelStats 2014 and ShoeStats 2014 reports
Shoe Zone with solid earnings
UK-based retailer announced preliminary results for the 52 weeks period ended 4 October 2014. Despite the drop in revenue, earnings continued strong
Deckers announces new COO
The US-based company appointed David E. Lafitte as the new Chief Operating Officer (COO) effective from the 2nd February 2015. Mr. Lafitte previously served as the company's general counsel and will replace Mr. Zohar Ziv, who retired from the company last week
New golf shoe by Puma with NASA tech features
The Titantour by Puma is made with a state-of-the-art temperature regulating technology
Grendene’s net income up by 3.2%
The Brazil-based footwear company, presented frozen net revenue (+0.5%) for the third quarter of the year. Net income is now recovering and grew 3.2% in the period
Target plans to discontinue Canadian operations
Target Canada is seeking court approval to begin the liquidation process under the Companies' Creditors Arrangement Act (CCAA)
Portuguese footwear exports continue to grow
According to APICCAPS, the Portuguese Footwear, Components and Leather Goods Manufacturers’ Association, during the first eleven months of the year the industry managed to increment sales abroad by 8%
Americans worried with tensions at US ports
Matt Priest from the FDRA, Footwear Distributors and Retailers of America, is concerned with the impacts of a work stoppage at the West Coast ports, the key US entering points for footwear imports
New leadership appointments at Pentland Brands
The UK-based company has announced a series of senior leadership appointments, including three new roles providing organisation-wide expertise
Brazilian leather exports up by 17.4%
Exports of Brazilian hides and skins have reached a total of 2 947 billion US dollars in 2014, reflecting a very dynamic growth, according to data coming from the Centre for the Brazilian Tanning Industry (CICB)
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