United States
Vibram settles a 3.75 million USD lawsuit over shoes with alleged health benefits
The maker of the famous FiveFingers barefoot-style running shoes has agreed to a multi-million dollar settlement over the shoes’ declared health benefits
SKECHERS with 21% growth on net sales
The American company registered net sales of 546.5 million USD in the first quarter of 2014, growing 21.0% from 451.6 million USD in the same period in 2013. Net earnings for the first quarter of 2014 reached 31 million USD up 363.5% compared to 6.7 million USD last year
United States footwear imports with slow growth
In 2013, the United States (US), the largest footwear importer, bought 2 338 million pairs of shoes abroad, valued at 25 317 million USD, a 2% and 4% increase compared to 2012, respectively. Value of exports increased 5.8% notwithstanding relative stability registered in quantities
New Balance Foundation offers a 300 000 USD challenge to charity
To help kick off the 30th anniversary of Camp Sunshine, a retreat for children with life-threatening illnesses and their families, the American foundation has offered to match all gifts from donors
SKECHERS named fashion brand of the year
SKECHERS USA Inc. was named Fashion Footwear Brand of the Year at the latest The Footwear Industry Awards, an achievement that completes a year with multiple industry awards
Higher sales boost Nike’s performance
Nike, Inc. reported the financial results for its fiscal third quarter, ending 28th February 2014, with sales growing 12.7%, and gross margin now reaching 44.5%. Earnings for its third quarter up by 3.5%.
EU and US working on a wide scale innovating trade agreement
Last summer, EU and US started negotiations for a free trade agreement, the Transatlantic Trade and Investment Partnership (TTIP). If negotiations succeed and the agreement is implemented in full, it will represent the most relevant regional free trade area and it will be the most impactful deal of its kind
US based Brown Shoe with frozen sales
Brown Shoe reported net sales of 2,513.1 million USD in 2013, 1.4% up from previous reporting period; company’s net earnings performance improved by 38.5% to 38.1 million USD.
Foot Locker reported 8.0% growth in net income during 2013
The New York based athletic retailer Foot Locker, Inc. reported fourth quarter net income of 121 million USD and full year income of 429 million USD
US based Crocs announced slight increase for its 2013 revenue
Crocs Inc. announced 1.6% revenue increase for the fourth quarter in 2013 and 6.2% growth for the full year. On a constant currency basis, revenue increasead 4.1% in the fourth quarter, reaching 8.8% growth for the full year.
Reebok unveils new logo and announces shift in brand direction
Reebok, one of the world’s most recognized athletic brands has disclosed its new brand logo, the Reebok delta symbol, in conjunction with the announcement of the new focus of the brand on fitness
“SmartSoles” designed to help tracking Alzheimer’s patients
GTX Corp., a company working with wearable technologies and Andrew Carle, professor at George Mason University (US), have teamed up to produce the Bluetooth Low Energy (BLE) SmartSoles, a footwear system designed to monitor people’s movements.
Deckers Outdoor announced 2013 results
Deckers Outdoor Corporation, the US based company announced fourth quarter net sales increase of 19.2% to a record 736.0 million USD, and 10.1% growth on sales for fiscal year 2013, reaching a record 1.557 billion USD.
Sarah Jessica Parker launches shoe collection
The first weekend of March marked the debut of SJP, the highly expected shoe collection designed and signed by actress Sarah Jessica Parker, which also includes handbags and a trench coat in two colors.
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