Footwear
Finish line sales below forecast
The Indianapolis-based retail chain pre-announced fourth quarter and full year results. Same-store sales arrived below guidance
Shoe Carnival’s earnings at upper end of guidance
Shoe Carnival Inc. reported earnings rising by 30.1% on an adjusted basis, hitting the high end of guidance. Same-store sales dipped by 0.5%
Vietnam: footwear with strong development prospects
The idea was defended by Di?p Thành Ki?t, Deputy Chairman at Lefaso, the Vietnam Leather, Footwear and Handbag Association, in a two-day Vietnam Footwear Summit in HCM City
JD Sports to acquire Finish Line
The UK-based sports retailer has entered into an agreement to buy Finish Line, an American retail chain dedicated to athletic shoes, apparel and accessories. The new owner will win instant presence in the US
Tapestry appoints Anna Bakst CEO & Brand President
The New York-based house of modern luxury accessories and lifestyle brands announced the appointment of Anna Bakst as Chief Executive Officer and Brand President of Kate Spade
adidas: 1 million pairs of sneakers made from ocean trash
The Germany-based sportswear giant revealed that it has sold more than one million pairs of sneakers made ocean plastic with its partnership with Parley
Nike with robust earnings from digital sales
Nike reported financial results for its fiscal 2018 third quarter ended on the 28th February. Revenue growth was led by international geographies and Nike Direct globally
Kathmandu focus on international expansion
The outdoor equipment retailer has returned to international expansion with the acquisition of a US shoe wholesaler about three years after closing its unprofitable British stores
This is Felmini. It’s happiness
Felmini, based in the North of Portugal, produces hundreds of pairs of shoes on a daily basis, and none are alike. The exclusivity of the boots lies in the treatments given to the leather and to the handmade work
New Generation: meet Pedro Sampaio
With a degree in business management training, Pedro Sampaio belongs to the second generation working at Mazoni, a footwear company based in Felgueiras, in the north of Portugal
Genesco’s quarter boosted by Journeys
Net sales for the fourth quarter of fiscal 2018 increased by 5%, totaling 883 million US dollars, much driven by a 11% increase in the Journeys Group
New high in DSW annual revenue
The US-based company reported increasing revenue in the last quarter and in the full year, despite falling earnings in the fourth quarter with the impact of the charges to write down and exit its Ebuys business
New Balance's 17 million US dollars military contract
Following the US Berry Amendment, the Department of Defense has awarded New Balance a 17.3 million US dollars firm-fixed price contract to produce athletic shoes for military going through basic training
VF to acquire Altra
The North Carolina-based company, specialised in branded lifestyle apparel, footwear and accessories, and ICON Health & Fitness, Inc. announced they have signed a definitive purchase agreement for the Altra footwear brand-
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