Footwear
Skechers raises 1.8 million US dollars for kids
The 9th edition of Skechers Pier to Pier Friendship Walk raised more than 1.8 million US dollars for children with special needs and education, exceeding its goal. The walk reached a new record with more than 13 000 walkers and participants
Strong quarter for Wolverine
Reported revenue for the third quarter reached 581.3 million US dollars. Company congratulates itself for results above expectations and reaffirms outlook for the year at its upper end
Better than expected results at Michael Kors
For the second quarter ended on the 30th of September total revenue increased by 5.4%, better than expected. The company is going through a transformative moment and recently has acquired Jimmy Choo
Indonesian authorities call for quality, design and branding
Ngakan Timur Antara, Head of the local Agency for Industrial Research and Development, said it is important for the country’s footwear industry to improve several attributes in order to claim a bigger share of the global footwear market
Grendene maintains targets
The Brazil-based company has announced net revenue up by 9.0% in the first nine months of the year. Despite the difficulties in the markets, the company says its business is performing well and will maintain the guidance for the year
Declining revenue at Tod's
The Italy-based luxury group has announced decreasing revenue for the first nine months of 2017. A declining performance across all geographies and most of business segments was registered
New quarterly sales record for Skechers
The US-based sportswear giant has increased net sales by 16.2% in the third quarter of the year, reaching a new all-time high
DeGier, the dream of making the best shoes
DeGier was born with the dream and purpose of making top quality footwear while remaining faithful to the ancient craftsmanship techniques already in use in the company
Asics wants to make soles in a microwave
The Japanese brand is testing a new way to produce the midsoles of sneakers with microwave technology. Asics believe this can lead to usage of 90% less energy than standard production techniques
Aldo Camuto deal is off
The acquisition of the footwear business of the Camuto Group by footwear company Aldo is not progressing. Aldo announced it saying both parties have decided not to pursue. Both brands plan to continue working as partners
Athleisure products drive Stella’s growth
The Hong Kong based footwear giant has announced volumes increasing by 4.1% in the third quarter, with revenue down by 2.5%. The first nine months registered increases in both volume and vale much driven by the athleisure segment
Net sales at Steve Madden up by 8%
The US-based footwear brand has announced the results for the third quarter. Sales increased by 8% compared to similar period last year. The company is keeping the guidance for the full year
Under Armour lowers outlook for the year
The US-based sportswear giant has announced third quarter results. Several challenges have resulted in revenue below expectations. Under Armour lowered the outlook for the full year
Obuv Rossii raises 100 million USD in IPO
One of the main players in the mid-price footwear segment in Russia has held an IPO on the Moscow Exchange, raising 100 million US dollars in the operation-
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