World Footwear

Companies

Under Armour with another year of growth

Feb 14, 2019 / United States
US-based Under Armour announced revenue growing by 2% in the last quarter, with overall increase of sales for the whole year reaching 4%. Revenue in the financial year totalled 5.2 billion US dollars

Skechers reaches 3 000 stores

Feb 13, 2019 / United States
The US-based footwear company has tripped its retail presence in five years and now while opening its new store in China, is crossing the 3 0000 threshold and opening its largest retail space

Skechers announces record year

Feb 11, 2019 / United States
The US-based footwear giant announced a new fourth quarter 2018 sales record of 1.08 billion US dollars. The full year results also brought a record of sales (4.64 billion US dollars)

Capri announces quarter results

Feb 8, 2019 / United Kingdom
A global fashion luxury group, Capri Holdings announced its financial results for the third quarter of fiscal 2019 (ended 29th of December 2018). Good performance marks a quarter in which the Versace acquisition was also completed

Reflecting on today's challenges with Victor Luís

Feb 7, 2019 / United States
We spoke with Mr. Luis about the current state of the accessories market and the fashion world, as we recalled his most challenging moments while heading Tapestry. Today we bring you his reflections on today's challenges within the fashion industry

Fila to open 100 retail stores in India

Feb 7, 2019 / India
Fila India, a sporting goods company owned by Cravatex Brands Limited, the Indian arm of the Batra Group, is adopting a competitive expansion strategy in the country as it forecasts the opening of one hundred stores by 2020

Crocs to relocate global headquarters

Feb 6, 2019 / United States
The US-based footwear maker is investing for growth with a state-of-the-art facility, central location and access to additional talent. The global headquarters of the brand will relocate to Broomfield, Colorado in 2020

Sale of the Lids Group is complete

Feb 6, 2019 / United States
Genesco announced today that the company has completed the sale of its Lids Sports Group to FanzzLids Holdings for 101 million US dollars

Deckers: net sales up by 7.8%

Feb 5, 2019 / United States
The California-based giant focusing in designing, marketing and distributing footwear, apparel and accessories, announced financial results for the third fiscal quarter. Deckers also updated its outlook for the full fiscal year

tReds falls into administration

Feb 5, 2019 / United Kingdom
The UK-based footwear retailer, with a chain of footwear stores across the UK and an online operation, has been placed into administration

Ferragamo with falling revenue

Feb 4, 2019 / Italy
A global leader in the luxury sector, Ferragamo released the group’s preliminary consolidated revenue for fiscal year 2018, which amounted to 1 347 million euros, down by 3.4% at current exchange rates

Portugal creates hundreds of new footwear brands

Feb 1, 2019 / Portugal
The creation of own brands is one of the main focus of the Portuguese footwear industry. According to the Portuguese Footwear Technological Centre and its Office for the Promotion of Industrial Property (GAPI) 238 footwear brands were created since 2010

adidas focus on shoes made of recycled plastic waste

Jan 31, 2019 / Germany
The Germany-based sportswear brands want to upscale production from five million pairs of shoes containing recycled plastic in 2018 to eleven million pairs in 2019

Neiman Marcus’ Chief Merchandising Officer resigns

Jan 31, 2019 / United States
Jim Gold, president and chief merchandising officer of Neiman Marcus Group, will resign from his position, effective fromt he 15th of March

Record results for LVMH

Jan 30, 2019 / France
LVMH Moët Hennessy Louis Vuitton recorded revenue of 46.8 billion euros in 2018, an increase of 10% over the previous year. Organic revenue growth was 11%. All business groups recorded excellent performances
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