News
New Zealand’s view of the TPP
Back in October the US and 11 Pacific countries have reached an agreement regarding the region’s largest trade deal in its history, the Trans Pacific Partnership (TPP)
Tata International to strength African footprint
The global trading and distribution arm of the Tata Group is planning to expand its presence in the continent by entering Angola and Ethiopia
New funding for Zimbabwe’s leather industry
The African Development Bank approved a new project for the country's beef and leather value chain
Nordstrom takes equity stake in Shoes of Prey
As a result, the start-up focusing in customized fashion footwear has raised 15.5 million US dollars in equity capital and strengthened its partnership with the US-based fashion retailer
Bates Footwear secures US army contract
Bates, a division of Wolverine Worldwide, was awarded contracts by the US Defense Logistics Agency to manufacture its Temperate Weather Combat boots for the allied forces in Afghanistan
Macintosh Retail declares bankruptcy
The suspension of payments for the Macintosh Retail Group N.V. was terminated upon request of the administrators and was converted into bankruptcy as of today
NEWALK project presents results
Areas of research included materials, components and technology for footwear
Kering closes the sale of Sergio Rossi
The Kering group has completed the sale of the Italian luxury shoemaker to InvestIndustrial
Sonae launches Zippy Philippines
Portugal-based multi-brand retailer Sonae has expanded its international activity to Asia by opening its first two Zippy stores in the Philippines
Tod’s consolidates sales
The Italy-based luxury goods group announced 3.1% growth in third quarter sales. For the nine months period sales increased by 5.1%
Outdoor & action revenue up by 5% at VF
Third quarter revenue grew by 3% (up by 8% currency neutral). Outdoor & Action Sports revenue increased by 5% (up by 13% currency neutral)
Evereste new focus on shoes customisation
Cohibas is the brand coming out of this footwear company, based in São João da Madeira, founded more than 7 decades ago
EU and Vietnam finalise trade deal
Talks for a free trade agreement (FTA), marking the end of the negotiating process between the two regions, were concluded now
Cyber Monday reaches sales over 3 billion US dollars
According to the FDRA online sales on Cyber Monday have set a new record for a single day of online sales that also topped expectations
Tax cuts proposed for footwear and textile companies in Indonesia
The Investment Coordinating Board (BKPM) has proposed income tax cuts to support the labor-intensive footwear and textile industries
Portuguese Shoes launches 2016 campaign
Actress Victoria Guerra is the face of the Portuguese Footwear Industry’s new campaign for 2016
Kering with 15% revenue growth
France-based leader in apparel and accessories has announced 15.2% revenue growth in the first nine months of the year. Revenue generated by Luxury activities up by 16.5%. Sport & Lifestyle activities grew by 12.8%
Timberland consolidates expansion in Europe
US-based lifestyle brand Timberland consolidates its expansion in Germany, Austria and Switzerland with a total of five new franchise stores
DSW disappointed with quarter's performance
Third quarter sales decrease by 0.6% and reached 666 million US dollars. First nine months sales increased by 5.0% totaling 1.95 billion US dollars
Robert Greenberg receives Lifetime Achievement award
Leading trade publication Footwear News has honored Skechers Chairman and CEO with the Manolo Blahnik Lifetime Achievement award
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