Footwear
Capri cuts forecast as it expects to take the hit from coronavirus
The owner of Michael Kors, Jimmy Choo and Versace cut its forecasts as it warned of a 100 million US dollars hit to revenue due to the coronavirus outbreak in China
Tod's closes the year with 2.6% decline in sales
The luxury shoes and leather goods company announced declining sales for 2019 (-2.6%). However, the business started to pick up in the last quarter with an improvement in the revenue trend
Wolverine declares quarterly dividend
The company's Board of Directors has declared a quarterly cash dividend of 0.10 US dollars per share of common stock
EU-Japan EPA: a practical guide for footwear companies
The Economic Partnership Agreement (EPA) between the European Union and Japan entered into force last year creating the largest open trade zone in the world. Today we bring you a practical guide for footwear companies
Sales up by 2.3% at Salvatore Ferragamo
The Italy-based luxury sector player released the Group’s Preliminary Consolidated Revenue for Fiscal Year 2019, which amount to 1,377 million Euros up 2.3% at current exchange rates and 1.3% at constant exchange rates
International trade fairs postponed as a consequent of the Coronavirus
Chic Shanghai has been postponed. APLF is considering postponing. ISPO Beijing and textile trade fairs in Shanghai also on hold. In Europe, MICAM is proceeding as planned with preparations for the February edition
Tamil Nadu to get heavy investment from Taiwan
According to what is being reported by Times of India, 2 major Taiwanese investments are taking place in Tamil Nadul, in India
Toms appoints new CEO
Magnus Wedhammar, former GM of Sanuk, a footwear brand belonging to the portfolio of Deckers Outdoor Corporation, was appointed as Toms' new CEO
All you need to know about the Footwear Industry
Watch a video with some of the World Footwear 2019 Yearbook main conclusions
Shoe Zone with declining profits blames financial burden of public policies
In the last financial year Shoe Zone's underlying pre-tax earnings slid to 9.6 million British pounds from 11.3 British pounds in the previous year. Management blames Government for increasing taxes
Deckers Brands reports dynamic quarter
In the third quarter Deckers net sales grew by 7.4%. A 2.6% increase was recorded by Ugg. Sales of the Hoka One One segment jumped by 63.6%. Teva and Sanuk both suffered double-digit declines
Shoe industry welcomes Trump’s fight on counterfeiting
Industry associations welcome the Administration recommendations on ways to prevent the spread of counterfeits through third-party e-commerce platforms
J.Crew appoints Jan Singer as CEO
The Board of Directors of the American multi-brand, multi-channel, specialty retailer appointed Jan Singer to serve as Chief Executive Officer, effective from the 2nd of February
Tim Boyle named Chairman of the Board at Columbia Sportswear
Columbia Sportswear Company’s Board of Directors Appoints CEO and President Tim Boyle as Chairman of the Board; Andy Bryant Appointed as Lead Independent Director-
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
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