Companies
Alibaba’s strong performance
The China-based ecommerce giant finished the fiscal year on a very strong note, posting the fastest revenue growth in the last four quarters
adidas looking for buyers for its golf business
The Germany-based group announced it will focus on further strengthening its golf footwear and apparel business through the adidas Golf brand
Changes in Under Armour’s senior management team
Henry Stafford, Chief Merchandising Officer, has decided to leave Under Armour after six years of service
Dunlop Protective Footwear acquires Onguard
The Netherlands-based protective boots company announced this deal as part of its global growth strategy
Timberland sets 2020 sustainability goals
The company unveiled the Timberland Environmental Product Standards (TEPS) due to be implemented across all product categories, while it announced the new five-year performance targets
Asics to be national partner of Girls on the Run
The non profit organization working with young girls has announced the extension of the partnership with Asics, who will become its National Footwear Partner
Burberry posts disappointing sales
The luxury British-based brand reported a 1% decline in total revenue, reflecting negative growth in retail, wholesale and licensing. Such disappointing second-half sales let the company to warn on profit for the current fiscal year
Lemon Jelly's first pop-up store in Asia
The brand is part of Portuguese-based Procalçado, a group of companies with 4 decades of experience in the footwear industry
Steve Madden announces stable results
Net sales increased by 1.7% in the first quarter. Net income grew by 1.0% in the same period
FFANY names winners of scholarship
The Fashion Footwear Association of New York (FFANY) and Arsutoria School in Milan have announced the winners and finalists of the 2016 Joseph C. Moore Footwear Scholarship
adidas removes plastic bags from its own retail stores
The Germany-based group has announced it will eliminate approximately 70 million plastic shopping bags per year, another step in its sustainability strategy
adidas sues Ecco over trademark infringement
Last week Adidas America Inc. and parent company adidas AGhas filed a lawsuit in the U. District Court of Oregon against Ecco USA Inc. and Ecco SKO A/S over its three-stripe mark
Record quarter revenue at Skechers
Net sales in the first quarter totaled 978.8 million US dollars, which compares to 768.0 million US dollars in similar period in the previous year, an increase of 27.4%
Sears Holdings to close 78 stores
The Illinois-based group owner of retail store brands Sears and Kmart believes the decision aims to accelerate its transformation and its return to profitability
Under Armour with 30% net revenue growth
The Baltimore–based company announced first quarter results and has raised full year net revenues outlook to 5.0 billion US dollars-
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