World Footwear

China

200 shoe companies send Mr Trump a letter

May 22, 2019 / United States
US-based footwear companies have signed a letter urging President Donald Trump to remove footwear from his latest tranche of tariffs to be applied to Chinese-made products

China’s Green Harbor acquires Jason Wu

May 15, 2019 / China
Chinese private equity firm Green Harbor Investment has bought a majority stake in the parent company of New York’s Jason Wu. The American fashion brand is aiming at the booming Chinese luxury market

Wolverine partners with leading Chinese sportswear retailer

May 15, 2019 / China
Joint venture leverages the retail and product expertise of Xtep International Holdings Limited to grow the Merrell and Saucony brands in Mainland China

Louis Vuitton and Belle involved in design infringement's battle

May 14, 2019 / France
French luxury brand Louis Vuitton is taking legal action against Hong Kong-based group Belle International, claiming one of its sneaker designs was copied

Where do shoes come from?

May 10, 2019 / World Footwear Yearbook
The recent developments on the trade war US-China made us look into the trade relations of both countries in terms of footwear and curious conclusions about consumption in each of the markets arose. Check them here

Xtep International to buy K-Swiss

May 3, 2019 / China
PRC-based sportswear enterprise Xtep International Holdings Limited announced plans to acquire E-Land Footwear USA Holdings Inc., the parent company for brands K-Swiss, Palladium and Suprabrands

Stella to continue re-allocating production

May 2, 2019 / China
The footwear giant announced the first results of the year. Revenue in the first quarter of the year was marked by a 6.1% increase compared to similar period last year

LK Bennett sold to franchise partner

Apr 16, 2019 / United Kingdom
The UK-based premium fashion chain retailing womenswear, leather footwear and accessories has been sold to its Chinese franchise partner Rebecca Feng

adidas invests in China to accelerate expansion

Apr 8, 2019 / China
The Germany-based sports brand is heavily investing in China, where its growth is three times higher than in the rest of the world. adidas plans to open 1 000 stores in China this year and expand ecommerce

Vietnam: footwear exports up by 10.5%

Feb 19, 2019 / Vietnam
The Asian country continues to step up its footwear exports, while it absorbs some of the business moving away from China. In 2018 Vietnam's exports crossed the 16 million US dollars threshold and growth reached double digit

361º issues profit warning

Feb 15, 2019 / China
Based on a preliminary assessment of the group accounts, 361º issued a statement announcing a decrease in net profit and advised caution to all when dealing with shares of the company

Columbia closes buyout of China joint venture

Jan 7, 2019 / China
As the new year started, Columbia Sportswear announced it has closed its buyout of the remaining 40% interest in Columbia Sportswear Commercial (Shanghai) Company, the joint venture in China with Swire Resources Limited

Zegna wins counterfeit court case in China

Oct 29, 2018 / China
After a five-year legal battle against a Chinese counterfeiter, the high-end fashion label has just secured a victory that could be the turning point on the fight against false goods

Stella is cutting production capacity in China

Oct 26, 2018 / China
After announcing that its fashion athletic products drove 5.9% volume growth, Stella International also confirmed they will continue to cut production capacity in China

Yue Yuen announces more investment after drop in revenue

Sep 19, 2018 / China
During the first half of 2018, the Yue Yuen group recorded revenue of 4 769.4 million US dollars, representing an increase of 7.2%, compared to the same period in 2017. Profit attributable to owners of the group declined by 41.9% to 150.1 million US dollars
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