World Footwear

Companies

VF Corporation with new sustainability & responsibility strategy

Dec 12, 2017 / United States
The North Carolina-based lifestyle apparel, footwear and accessories company announced its new global sustainability and responsibility strategy, Made for Change. VF aims to lead industrywide environmental and social improvements

Bata upgrades unit in Zimbabwe

Dec 7, 2017 / Zimbabwe
Footwear group is investing in the country’s unit in Gweru with an aim to improve its efficiency and diversify its portfolio of products

Former Stuart Weitzman CEO back in business

Dec 7, 2017 / United States
Executive Wayne Kulkin, former CEO of Stuart Weitzman, re-enters the global footwear market with renewed focus on designing and marketing luxury sneakers under the brand StreetTrend LLC

Yue Yuen reports revenue up by 6.7%

Dec 6, 2017 / Hong Kong
The Hong-Kong-based company has announced its results for the first nine months of the year. Revenue continues to increase, with a major contribution from the retail segment (+19.4%)

The recovery of Russian imports

Dec 5, 2017 / Russian Federation
In the first semester of 2017, footwear imports by Russia increased by 41.9% in volume and by 32.6% in value. After the growth registered in 2016, the country seems to be on the recovery path

23% drop for Genesco's earnings

Dec 4, 2017 / United States
Despite reporting stable revenue for the third quarter (+0.8%), Genesco confirmed declined earnings for the period. The company lost one fifth of its earnings

Vivarte sells Merkal Calzados

Dec 4, 2017 / Spain
The sale of the Spanish footwear brand to British private equity firm OpCapita is part of the ongoing restructuring program of the French retailer

Flex’s new factory to add thousands of jobs

Dec 1, 2017 / Mexico
The multinational manufacturer expects to create 6 000 jobs at its new plant in Jalisco. The new factory will be dedicated to make high-tech footwear for Nike

Birkenstock named Brand of the year

Dec 1, 2017 / Germany
The recognition was given at the Annual Footwear News Achievement Awards in New York city. This marks the second time the German brand receives such top honor, after also being awarded in 2013. The prize was received by Birkenstock  Global CEO, Markus Bensberg, and Birkenstock Americas CEO, David Kahan

Aldo and Global Citizen team up to drive access to education

Nov 30, 2017 / Canada
Aldo, a global player in fashion footwear and accessories, is joining forces with Global Citizen, an international advocacy organization. As a result, a limited edition of the Mx. sneakers is being launched to take a stand on equal access to education with their Give Back, Move Forward campaign

Growth of Italian exports to the CIS area

Nov 29, 2017 / Italy
Assocalzaturifici, the Italian Footwear Manufacturers' Association, announced that exports of Italian companies to the CIS area have increased by 12.8% in the first 7 months of 2017

Mi-Môh, Step into Love

Nov 23, 2017 / Portugal
A new Portuguese footwear brand focused on the cosmopolitan women who are passionate about life and well-being and looking for shoes that are sober, sophisticated and with a twist of romance

Declining sales at J. Crew drive stores closures

Nov 23, 2017 / United States
J.Crew Group posted another decline in sales in its third quarter, despite strong sales from Madewell, which continues its positive contribution to the group’s performance. More stores expected to close

DSW results impacted by the weather

Nov 22, 2017 / United States
Net sales increased slightly in the third quarter. Results were impact by the hurricane season and the company has adjusted the outlook for the year, as a result

Stable quarter sales at Kohl's

Nov 22, 2017 / United States
The retailer registered strong results during the back-to-school shopping season. However, the middle of the latest quarter was soft however, due to abnormal weather condition
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