World Footwear

Investment

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

Facebook reveals its Libra cryptocurrency

Jun 19, 2019 / Innovation
Libra was announced as a low-volatility cryptocurrency, powered by a smart contract platform that’s designed to be secure, scalable, and reliable. The cryptocurrency is governed by non-profit Libra Association based in Geneva

Bata to invest in Colombia

Jun 17, 2019 / Colombia
The total investment should amount to 5 million US dollars. Bata is aiming to open new stores and renew the e-commerce platform

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

Talking sustainability with the Chairman of Leather Naturally

Premium ContentApr 30, 2019 / World
Leather Naturally has recently secured funding of 1.5 million US dollars to launch a global campaign to promote the use of leather. We took the opportunity to speak to Egbert Dikkers, Chairman of the Leather Naturally Management Board

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
Page 1 of 5