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   

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

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 two companies have announced an agreement by which, for ten years, Vulcabras will have exclusivity in the distribution and licensing of the Under Armour brand in Brazil for all footwear, clothing and acessories   

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)   

LVMH Moët Hennessy Louis Vuitton recorded a 10% increase in revenue, reaching 33.1 billion euros in the first nine months of 2018. Organic revenue grew by 11% compared to the same period in 2017