World Footwear

Companies

Umbro extends South America license

Oct 15, 2019 / South America
The owner of the brand, Iconix Brands Group, has announced a ten-year extension of Umbro’s licensing agreement with long-time partner Grupo Dass

LVMH with 16% revenue growth

Oct 14, 2019 / France
Moët Hennessy Louis Vuitton, one of the world’s leading luxury products group, recorded a 16% increase in revenue, reaching 38.4 billion euros in the first nine months of 2019

Kyaia launches new digital platform

Oct 11, 2019 / Portugal
This new project by Portuguese-based Kyaia aims to bring closer brands and manufacturers with retailers, and contributing to change the actual process of footwear marketing

Hermès in expansion mode

Oct 10, 2019 / France
The French-based luxury house announced the creation of a new leather goods workshop straddling the villages of Tournes and Cliron (Ardennes) by 2022

Kering: another step away from Puma

Oct 8, 2019 / France
Kering launches an offering of bonds exchangeable into existing ordinary shares of Puma due 2022 for a nominal amount of 500 million euros. Another step by Kering to reduce its remaining stake in Puma

VF Corp wants to mitigate the global climate crisis

Oct 7, 2019 / United States
With a new leader for Sustainability taking the reigns of the theme inside the group, VF continues their environemy oriented actions and says it is ready to lead the way towards new approaches

Rip Curl sold to Kathmandu

Oct 3, 2019 / New Zealand
The acquisition of Rip Curl by Kathmandu creates an Australasian based surfing and outdoor adventure lifestyle company offering a varied technical based product mix

Apex Global Brands adjusts outlook

Oct 3, 2019 / United States
The company reported second quarter results and took the opportunity to lower its fiscal year outlook due to economic uncertainty, Brexit and the impact of a weakened British pound sterling and Euro

Office completes debt restructuring

Oct 2, 2019 / United Kingdom
South-Africa based Truworths announced that it has concluded an agreement to refinance the funding for its Office footwear retailer in the UK

Caleres updates strategic growth plan and financial targets

Oct 2, 2019 / United States
The US-based footwear giant underlined its focus on customer, products and innovation to ensure a winning strategy. Caleres also introduced its 2022 financial targets

Harvey Nichols has a repair service for luxury accessories

Oct 2, 2019 / United Kingdom
It is called The Restory and is an on-demand service offering modern after care for luxury fashion, starting with shoes, bags and leather goods. They are on hand to repair and restore the items

Kering appoints new Chief Diversity, Inclusion and Talent Officer

Oct 1, 2019 / France
According to the group the appointment of Kalpana Bagamane Denzel as Chief Diversity, Inclusion and Talent Officer signals a new stage in Kering’s determined action in support of diversity

Bolflex's focus on sustainable growth

Sep 30, 2019 / Portugal
Portugal-based Bolflex has been working to reduce its environmental carbon footprint, permanently concerned with the environment and the future of the planet

Forever 21 files for bankruptcy

Sep 30, 2019 / United States
The fast fashion retailer of clothing and accessories filed for Chapter 11 bankruptcy. Forever 21 plans to close most of its stores in Asia and Europe

Skechers announces 85% reduction of plastic in its footwear packaging

Sep 27, 2019 / United States
The US-based footwear brand announced that since 2016 the use of plastic in its footwear packaging was reduced by 85% to 10% of its foot forms, all of which is recyclable
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