News
Two Ten Footwear Foundation raises record funds
The US-based charitable foundation announced that it raised 3.15 million US dollars with its 2015 VIP Dinner, Auction and Annual Gala. Money will be used in its activities with the community
Under Armour launches connected fitness product portfolio
The US-based company announced its first connected fitness system, which includes a HealthBox Powered by the app UA Record and the brand’s first smart shoes
Leather exports slowdown in Bangladesh
According to data released by the Export Promotion Bureau in Bangladesh, sales abroad of leather products in the period July - December have represented 97.7% of the target established for the period
Crocs sues Evacol for patent infringement
The US-based company, famous for its clogs, has filed a lawsuit against a Colombian retailer, Evacol, claiming patent infringement
Genesco with strong sales growth
The US-based footwear and apparel retailer has reported strong sales growth for the third quarter of the current financial year
Pensole partners with LEVI’s footwear
SOLLECTION is a four-week intensive immersion class in which 12 designers will create six shoes in three categories for Levi’s Footwear to be retailed by the brand
Kurt Geiger acquired by Cinven
One of Europe’s largest retailer of luxury footwear was sold to Cinven. Amount involved in the deal reached 245 million British pounds
Ferragamo consolidates revenue
As of the 30th of September, the group has posted total revenue of 1 021 million euros, up by 7% at current exchange rates. Revenue growth at constant exchange rates was 1%
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
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