World Footwear

Companies

Tamara Mellon raises funding for brand's expansion

Jun 20, 2019 / United States
The co-founder of the Jimmy Choo brand has managed to secure funding to expand her namesake brand. Tamara Mellon raised 50 million US dollars for the expansion of the brand

Zimbabwe: modernisation is the way

Jun 18, 2019 / Zimbabwe
The African country is appealing to its tanneries to focus on modernisation as a way of succeeding

5 offers for Roberto Cavalli

Jun 18, 2019 / Italy
Five potential investors presented proposals for the Italian fashion brand Roberto Cavalli. The identity of the candidates was not revealed

Shoe Carnival declares quarterly dividend

Jun 17, 2019 / United States
The company to pay quarterly cash dividend of 0.085 Us dollars per share, a 6% increase over the prior quarterly cash dividend

Crocs to reduce sourcing from China

Jun 14, 2019 / United States
The footwear company known for the iconic clogs says the amount of US products sourced from China will be below 10% for 2020. Currently, Crocs imports 30% of its US product from China

Genesco names new CFO

Jun 13, 2019 / United States
The Tennessee-based company appointed Mel Tucker, Senior Vice President of Finance and Chief Financial Officer, effective from the 24th June 2019. Tucker succeeds Mimi E. Vaughn, who recently was promoted to Chief Operating Officer

Chanel invests in company focused on sustainable materials

Jun 13, 2019 / France
The French-based luxury brand has invested in a chemistry firm that's exploring ways silk could replace chemicals used in clothing manufacturing

Huajian group to invest in Ethiopia

Jun 13, 2019 / Ethiopia
According to the website of the Ethiopian Embassy Brussels, the Chinese-based group will invest 100 million US dollars in shoe manufacturing and coffee processing

Singapore: most competitive economy

Jun 12, 2019 / Singapore
Singapore has ranked as the world’s most competitive economy for the first time since 2010, according to the IMD World Competitiveness Rankings, as the United States slipped from the top spot and economic uncertainty took its toll on conditions in Europe

ABG acquires Sports Illustrated

Jun 12, 2019 / United States
The New-York based group acquired a media icon as part of its strategy to build a global platform converging sports, culture and entertainment

Neiman Marcus with significant loss

Jun 12, 2019 / United States
The Texas-headquartered department store group reported falling third quarter revenue. Net loss reached 31.2 million US dollars, a worse result than the 19.9 million US dollars net loss from the previous year

Bangladesh: leather industry below exports target

Jun 11, 2019 / Bangladesh
Notwithstanding the good performance of leather footwear exports, the leather industry as a whole registered a decline of 8.69% in revenue in the first 10 months of the year. The industry is below the target set for exports

Dick's Sporting Goods consolidates sales

Jun 11, 2019 / United States
The Pittsburgh-based sporting goods retailer announced results for the first quarter ended on the 4th of May. Net sales for the first quarter of 2019 increased by roughly 1%

Geox with lower sales

Jun 10, 2019 / Italy
The Italy-based footwear brand reported first quarter results, marked by a 1.3% decline in sales at current exchange rates (-1.6% at constant rates)

VF with new Executive Vice President Global Supply Chain

Jun 10, 2019 / United States
The North-Carolina based group has announced the appointment of Cameron Bailey to the position of Executive Vice President, Global Supply Chain, effective from Juneonwards
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