World Footwear

Companies

Continued growth at 361º

Oct 22, 2018 / Hong Kong
The Board of the Hong Kong based footwear company has provided operational updates for its business segments referring to the third quarter of 2018

VF raises outlook

Oct 22, 2018 / United States
The North-Carolina company has raised its full-year fiscal 2019 outlook after a 6% revenue increase in its second-quarter results

Skechers with record sales

Oct 19, 2018 / United States
The US-based footwear giant reported sales of 1.176 billion US dollars for the third quarter, an increase of 7.5%, or 8.5% on a constant currency basis, another record quarter. International wholesale sales increased by 11.8%

Caleres acquires Vionic

Oct 18, 2018 / United States
The St. Louis-based footwear group has announced it has acquired Vionic Group for 360 million US dollars, subject to certain adjustments. The deal allows Caleres to continue to expand its brand portfolio and gives it additional access to the growing contemporary comfort footwear category

European Commission adopts FTA with Vietnam

Oct 17, 2018 / European Union
Today the European Commission adopted the EU-Vietnam trade and investment agreements, paving the way for their signature and conclusion. The Commission is committed to putting these agreements in place as soon as possible

New increase in Cambodia's minimum wage

Oct 16, 2018 / Cambodia
The Cambodian government set a new monthly minimum wage for the country's garment and footwear industries. The minimum salary for 2019 will be 182 US dollars, up by 7% from the current 170 US dollars, Labor Minister Ith Samheng announced

Marko with new investment plan for Uzbekistan

Oct 16, 2018 / Uzbekistan
The Belarusian footwear manufacturer Marko has unveiled a major investment plan for Uzbekistan, where it is expected to manage two units with production capacity over 1 million pairs

Turkish shoe brands facing debt issues

Oct 12, 2018 / Turkey
Local agency news are reporting several issues faced by Turkish footwear companies, going from debt restructuring issues to closure of stores

A'RCOPEDICO’s investment in retail

Oct 11, 2018 / Portugal
A new investment by the Portuguese-based brand, focusing on comfort shoes, should result in the opening of two new retail sites. One in Lisbon and the other in Seville (Spain)

Allen Edmonds with new brand campaign

Oct 10, 2018 / United States
Men’s footwear brand Allen Edmonds is launching a storytelling campaign that leverages the brand's focus on American crafted footwear

Downward trend continues for Brazilian footwear exports

Oct 9, 2018 / Brazil
According to Abicalçados, the Brazilian Shoe Manufacturers Association, in September 9.7 million pairs were sent abroad for 71.6 million US dollars, down by 14% in volume and 26% in value, representing another month of declining exports

European industry focusing on comfort

Oct 8, 2018 / CEC
The results of Erasmus+ project Fit2Com - Skills Alliance for comfort and healthy footwear were presented in a workshop during the last edition of Lineapelle

US industry bodies planning to merge

Oct 5, 2018 / United States
At their joint annual meeting, the US Hide, Skin and Leather Association (USHSLA) and Leather Industries of America (LIA) have agreed to seek a merger

Sales impacted by currencies fluctuations at Tod's

Oct 4, 2018 / Italy
In the first half of 2018, consolidated sales were 491.9 million euros, up by 1.8% from the first semester in 2017, at constant exchange rates. Revenue has been hugely affected by currencies fluctuations

New CFO at JCPenney

Oct 3, 2018 / United States
The US-based department store chain has announced Jill Soltau as new Chief Executive Officer
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