World Footwear

Footwear

The new chapter of the US-China trade war

Premium ContentMay 14, 2019 / United States
President Trump announced and applied increases on the China tariff rates on List 3 (200 billion US dollars in Chinese-made goods) from 10% to 25%. Remaining goods, including footwear, could be hit with tariffs shortly as a new list was announced

Louis Vuitton and Belle involved in design infringement's battle

May 14, 2019 / France
French luxury brand Louis Vuitton is taking legal action against Hong Kong-based group Belle International, claiming one of its sneaker designs was copied

New Generation: meet Bruno Queirós

May 13, 2019 / Portugal
Fashion is a long-time passion of Bruno Queirós, who has been a model and recently decided to launch a footwear brand. He is the face of The Baron’s Cage, a male footwear brand that promises to revolutionize the market

Where do shoes come from?

May 10, 2019 / World Footwear Yearbook
The recent developments on the trade war US-China made us look into the trade relations of both countries in terms of footwear and curious conclusions about consumption in each of the markets arose. Check them here

Bolflex's focus on recycled and vegan materials

May 10, 2019 / Portugal
The Portuguese-based company specialized in footwear components has just launched into the market new vegan and recycled products. Currently, the company's business model is based on three keywords: reduce, reuse and recycle

adidas with successful start into 2019

May 8, 2019 / Germany
Germany-based giant announced revenue growth of 4% (currency-neutral) in the first quarter of the financial year. Net income from continuing operations increased by 16% in the period. Full-year outlook confirmed

Hungary retail sales grew by 4.9%

May 7, 2019 / Hungary
The country's retail sales growth slowed in March, but the pace remained robust, with data from the Hungarian Central Statistical Office showing a 4.9% growth rate in the month

INLU, 100% Portuguese

May 7, 2019 / Portugal
INLU was first conceptualized in 2017 by a small creative team of women with backgrounds in business and fashion, sharing a common goal to create a new generation of bold and comfortable footwear easily fittting with unique styles

LVMH completes the agreement with Belmond

May 7, 2019 / France
The French-based luxury house has announced it closed the deal with Belmond. On the same occasion, dividends referring to 2018 results have been approved

Best quarter ever for Puma

May 6, 2019 / Germany
Puma's sales growth continued in the first quarter of 2019. Sales rose by 15.3% currency-adjusted to 1 319.3 million euros (+16.6% reported) compared to 1 131.1 million euros last year. CEO announces best quarter ever

Good quarter at Under Armour elevates outlook

May 6, 2019 / United States
The Baltimore-based sportwear giant reported first quarter results with revenue up by 2% (3% in currency neutral). Good performance in the quarter resulted in updated 2019 full year outlook

Ferragamo's Board of Directors confirms CEO

May 6, 2019 / Italy
Micaela le Divelec Lemmi has been confirmed as Chief Executive Officer of the Florence-based luxury company

Xtep International to buy K-Swiss

May 3, 2019 / China
PRC-based sportswear enterprise Xtep International Holdings Limited announced plans to acquire E-Land Footwear USA Holdings Inc., the parent company for brands K-Swiss, Palladium and Suprabrands

Genesco with new stock repurchase authorization

May 3, 2019 / United States
The Nashville-based footwear specialty retailer announced today that its board of directors has authorized it to repurchase up to 100 million US dollars of the company's common stock

Tod's confirms dividend distribution

May 3, 2019 / Italy
In the same ordinary meeting which approved the Financial Statements for the year ended in December 2018, shareholders also confirmed the distribution of dividends
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