News
Wolverine raises full year guidance
The US-based company presented a strong set of results for the quarter, and is now working towards a revised outlook for the full financial year
Worldwide footwear exports in decline
Over the last two years exports have fallen by 6% in volume and by 8% in value, according to the 2017 edition of the World Footwear Yearbook, just launched by APICCAPS
Eric C. Wiseman announces retirement
VF announced that Eric C. Wiseman will retire as Executive Chairman of the Board and as a Director. This will be effective from the 28th of October onwards
Weyco consolidates net sales
The US-based company announced net sales for the second quarter totaling 57.5 million US dollars, up by 1% as compared to second quarter 2016 net sales of 56.9 million US dollars
Helsar, maker of shoes for queens and princesses
Founded in 1979, Helsar is a Portuguese brand focusing in luxury footwear, which has been focusing on new market segments, particularly with a personalized line of bridal shoes
Zalando set for strong growth in 2017
The Berlin-based online platform dedicated to fashion products grew revenues by a strong 21.5% in the first half of 2017, totaling 2 080.7 million euros (compares to 1 712.6 million euros in similar period in 2016)
Crocs continues to focus on revenue
The US-based company focusing in casual footwear for men, women and children announced its financial results for the second quarter. Despite the decline in revenue Crocs continues its strategy on improving revenue quality
Steve Madden's net sales up by 15%
The US-based designer and marketer of fashion footwear and accessories for women, men and children, announced sales increasing at two digits rate during the second quarter of the current financial year
First training pilot on high-end footwear manufacturing
A group of designers and footwear technicians from 5 European countries recently participated in a two-week training in luxury footwear-making techniques thanks to the European Erasmus+ funded project High End Shoe (HES)
Under Armour revenue up by 9%
The US-based company continues to grow. Revenue increased by 9% in the second quarter of the current financial year, with footwear revenue declining by 2% in the same period
China loses share while worldwide production stalls
China continues to loose share in worldwide production, according to the 2017 edition of the World Footwear Yearbook, just launched by APICCAPS
Aldo to acquire Camuto Group
The Canada-based footwear group has announced that it has entered into an agreement to acquire Camuto Group's footwear and accessories businesses. The Camuto family will continue to own and operate the apparel segment
Consumer spending continues to fall in the UK
In July consumer spending fell by -0.8% on an annual basis, following declines in May and June. Transport & Communication (-6.1%) and Clothing & Footwear (-5.2%) saw the most marked reductions in spend
DSW gives back to the community
The US-based footwear and accessories retailer announced a new campaign of its Shoe Lovers Care Leave Your Mark program. DSW associates nominated eight family-focused non-profit organizations for this campaign
India has potential to increase production
The Minister of State for Finance Santosh Gangwar went even further saying that India has the potential to become the biggest footwear producer by 2020
Skechers aims to have 400 stores in India
The US-based company is planning to add 300 new stores to its distribution network in India, taking the total count to 400 outlets over the next three to five years
Friendly Fire opens first store
The Portuguese brand of footwear, focused on inspiring women to express their personality through their bold products, is now opening their first own store
Louis Vuitton with 12% organic revenue growth
The luxury goods brand has announced first half results. Growth marked the performance of the company in the first six months of the year
Wolverine sells Sebago
The US-based footwear group has announced it has sold its Sebago brand to BasicNet, S.p.A., an Italian corporation with a global footprint that has a portfolio of brands, including Kappa and Superga
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