World Footwear

China

Farfetch to enter the Chinese market in force

Jun 26, 2017 / China
The online luxury fashion retailer Farfetch has raised close to 400 million US dollars from a deal with one of China's biggest e-commerce companies. This partnership will create a premier platform for luxury e-retail across China

Footwear business down at giant Belle

Jun 9, 2017 / China
The China-based group has reported declining revenue for its footwear business in fiscal year 2016/17. Sporstwear and apparel registered double digit revenue growth

Footwear imports are on the high in Indonesia

May 30, 2017 / Indonesia
According to the Indonesia Investments Agency players in the country are concerned with the sharp growth of footwear imports. The growth rate of footwear imports is outpacing the growth of exports

Challenges & opportunities in sourcing countries

May 26, 2017 / World
With the demographic & economic changes that are occurring, will China remain as the main sourcing country for footwear?

Yue Yuen with increase in revenue

May 12, 2017 / China
One of the world's largest footwear manufacturers announced increases in total revenue during the first quarter of the current fiscal year

adidas expects improvement in US margins while China margins stabilise

Apr 25, 2017 / United States
The Germany-based sportswear giant expects its operating margin in China to shrink slightly in the long term, while its US margin should grow markedly in the near term. This is the belief of the new Chief Executive Officer Kasper Rorsted

Reebok plans 500 stores in China

Mar 30, 2017 / China
The brand focused on fitness and lifestyle footwear, apparel and equipment is aiming to open hundreds of stores in the Asian country over the next four years. 50 tores planned to open this year

VF focusing on supply chain agility and China growth

Mar 30, 2017 / China
The US-based company has presented its 2021 strategic growth plan during a meeting with investors and analysts. The new five-year plan will focus in digitalization and China

Belle expects double digit drop in profit

Mar 20, 2017 / China
China-based retailer should close its financial year with a drop of 15% to 25% in profit. Weaker sales in its footwear business should be one of the reasons

Alibaba creates anti-counterfeit group

Jan 19, 2017 / China
The ecommerce giant established the Alibaba Big Data Anti-Counterfeiting Alliance, whose 20 members include brands such as Louis Vuitton, Swarovski, Huawei and Samsung

Largest Jordan-only store in Asia opens

Jan 13, 2017 / China
In the year celebrating its 20th anniversary in the Chinese market Jordan kicks off a new chapter of the Commit to Win campaign and announces the opening of two new Jordan-only stores in Chengdu and Taipei

Weak sales reported by Belle

Jan 4, 2017 / China
The China-based company has reported a 13.4% decline in same-store sales for its women's footwear business for the September-November period

Peruvian footwear producers claim 80% fall in sales

Dec 28, 2016 / Peru
Local groups representing shoe manufacturers argue the decline in sales in 2016 is the result of an increasing market share of imported shoes from Asia

Michael Jordan wins trademark battle in China

Dec 9, 2016 / China
China’s Supreme People’s Court has officially ruled in favor of the ex-basketball player in a long-running trademark case against a sports company which traded under an identical name to Jordan’s Chinese name (Qiaodan)

Alibaba sets new Singles’ Day sales record

Nov 14, 2016 / China
The China-based ecommerce giant overcame its previous Singles’ Day sales record as online shoppers spent almost 18 billion US dollars’ worth of products in a single day at the online platform
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