World Footwear

Investment

Deichmann acquires shoe chain KicksUSA

Mar 26, 2019 / United States
German shoe retailer Deichmann is investing in China and the US with several initiatives planned for 2019. The acquisition of shoe chain KicksUSA already took place

JD Sports to buy remaining shares of Footasylum

Mar 18, 2019 / United Kingdom
UK-based retailer JD Sports has agreed to buy the remaining shares of Footasylum, in a cash deal, a month after it took an initial stake in the company

Fila to open 100 retail stores in India

Feb 7, 2019 / India
Fila India, a sporting goods company owned by Cravatex Brands Limited, the Indian arm of the Batra Group, is adopting a competitive expansion strategy in the country as it forecasts the opening of one hundred stores by 2020

Portugal creates hundreds of new footwear brands

Feb 1, 2019 / Portugal
The creation of own brands is one of the main focus of the Portuguese footwear industry. According to the Portuguese Footwear Technological Centre and its Office for the Promotion of Industrial Property (GAPI) 238 footwear brands were created since 2010

Sri Lanka: revenue from footwear and leather tripled

Jan 29, 2019 / Sri Lanka
According to statistics issued by the local entities revenue generated by exports of these industries have presented a very dynamic performance in over one decade, growing by 300%

FAMEST: a new generation of products

Jan 29, 2019 / Portugal
On the 9th of January, the FAMEST project partners met at the headquarters of the CTCP in São João da Madeira to present a new generation of products in key areas of the Footwear and Fashion Cluster

India: new Chairman for the CLE

Jan 23, 2019 / India
P. R. Aqeel Ahmed is the new Chairman of the Council for Leather Exports with effect from the 17th of January onwards

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

Foot Locker invests in children's footwear business

Jan 5, 2019 / United States
After a strong third quarter, Foot Locker announced it would be investing more in the business. The first strategic move is the acquisition of a minority stake in Super Heroic, Inc., a lifestyle brand focused on the young segments

ICC invests 2 million euros to double production

Dec 28, 2018 / Portugal
Portuguese footwear company ICC, specialized in the production of professional footwear, is investing two million euros in its facilities with the goal of doubling production

Tod's shares spike

Dec 24, 2018 / Italy
Regulatory documents indicate that a holding linked to Chairman Diego Della Valle have committed to buy up to 5% of the luxury group's shares. As a result Tod's shares value immediately increased

Authentic Brands and DSW acquire Camuto

Oct 10, 2018 / United States
Authentic Brands Group LLC (ABG) has entered into a definitive agreement to purchase a majority stake in the intellectual property of the Camuto Group's proprietary brands in partnership with DSW Inc.

The final remarks of the UITIC Congress in Porto

May 24, 2018 / UITIC
For one week, over 540 footwear professionals, coming from 33 countries, gathered in Porto, in a record participation. More than 20 companies visited and more than 30 speakers framed the discussions over the future of the worldwide footwear industry

Innovation distinction for adidas

Apr 19, 2018 / Germany
The giant sportswear adidas has received the German Innovation Award 2018 for its Speedfactory

Footwear sector in Vietnam expects increasing FDI

Feb 6, 2018 / Vietnam
Lefaso, the local Leather, Footwear and Handbag Association, is expecting foreign capital flows into the footwear industry to increase during the current year
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