Companies
Coach completes acquisition of Stuart Weitzman
The first official announcement of the deal occurred at the beginning of the year. Now, details of the agreement between the parties were made public
Wolverine Worldwide with flat performance
The outdoor footwear giant has reported revenue of 631.4 million US dollars for the first quarter of 2015, resulting in a small increase (0.6%) from similar period last year
New footwear factory in Indonesia will manufacture for Nike
According to local news agencies the investment reached 60 million US dollars
Clessidra acquires majority stake at Roberto Cavalli
The private equity firm acquired 90% of the capital of the Italian fashion house. Francesco Trapani is the new Chairman of Roberto Cavalli and Renato Semerari is appointed CEO
Skechers named Vendor of the year
The recognition was made by trade publication SGI Weekly Intelligence
AAFA files complaint against Alibaba for counterfeit
The American Apparel and Footwear Association (AAFA) claims the existence of a “rampant proliferation of counterfeit apparel and footwear” on the Taobao platform of China-based company Alibaba
Skechers with record quarterly results
The US-based company announced net sales for the first quarter of 768.0 million US dollars, an increase of 40.5% from similar period in 2014
Centenário with new expansion investment
The Portuguese company, with more than seven decades of existence, announced a 1.2 million euros investment to double its facilities
Profit down at Steve Madden
The US–based designer and marketer of fashion footwear and accessories for women, men and children, announced decline in first quarter's profit despite increase of 6.3% in net sales
adidas plans to make shoes and clothing using plastic waste from the ocean
The Germany-based group announced a partnership with Parley for the Oceans, an initiative dedicated to raising awareness about the oceans
Under Armour with net revenue growth of 25%
This represented the 20th straight quarter with net revenue growth above 20%. The company reviewed its net revenue outlook for 2015 raising it to approximately 3.78 billion US dollars
The North Face will roll out recycling program to all its stores
The Clothes The Loop campaign is set to hit stores and social media diverting used apparel and footwear away from landfills
361 with continued sales growth
The numbers now released by the Hong Kong-based company refer to the group’s operation in the quarter ended on the 31st of March 2015
Hotter wins Queen’s Award
The UK-based multi-channel shoe and accessories retailer and shoe manufacturer was named winner of a Queen’s Award for Enterprises-
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