News
Sri Lanka: revenue from footwear and leather tripled
According to statistics issued by the local entities revenue generated by exports of these industries have presented a very dynamic performance in over one decade, growing by 300%
US: online sales grow by 16.5% in the holiday season
According to the Adobe Digital Insights Holiday Recap 2018, 126 billion US dollars were spent online this holiday season in the US, which represents an increase of 16.5% year-over-year
Forecasting the growth for Tapestry
We have asked Victor Luis, the man heading the Tapestry group, to share with us his expectations about the business prospects of each brand of the group. Tapestry's portfolio includes Coach, Stuart Weitzman and Kate Spade
Tod's with lower revenue
Total revenue posted by the Tod's group in 2018 totalled 940.4 million euros. A 2.4% declined if compared to the previous fiscal year
Merrell with the National Park Foundation
The American-based footwear brand has made a 25 000 US dollars pledge to the National Park Foundation, the official non-profit partner of the National Park Service
Gerry Weber files for bankruptcy
The Germany-based fashion manufacturer and retailer has applied to preliminary insolvency. This procedure exclusively applies to the parent company Gerry Weber International AG having around 580 employees. All subsidiaries including Hallhuber are excluded from the request
Leder & Schuh denies talks with CCC
Family-owned shoemaker Leder & Schuh Group denied a media report referring to talks with Polish retailer CCC about a possible takeover
Puma with new North American headquarter
The company believes that moving to a larger, unified location at Assembly Row in Somerville, Massachusetts, will provide for growth and best-in-class employee experience
India: new Chairman for the CLE
P. R. Aqeel Ahmed is the new Chairman of the Council for Leather Exports with effect from the 17th of January onwards
Portuguese footwear strengthens digital focus
The CTCP, Portuguese Footwear Technological Centre, promoted an event to present new technologies for the local footwear cluster, developed through projects integrated in its digital strategy
Brazil: footwear retail recovers in 2018
According to ABLAC, the Brazilian Association of Artifacts and Footwear Retailers, the year 2018 reserved positive surprises, despite the many difficulties faced by the business of footwear retailing
India: leather industry aiming at 5%-6% growth
The leather-based industry in India is anticipating registering a growth rate of 5% to 6% in exports for the current fiscal year, 2018-19, according to the Council for Leather Exports
Obuv Rossii reinforces position in Russian market
The Russian-based footwear company opened 48 new franchising stores across the country in 2018, bringing the total number of franchises to 161. As a result, the total retail chain of Obuv Rossii exceeds more than 700 outlets
Genesco reports increasing sales
The Nashville-based footwear retailer announced fourth quarter-to-date comparable sales increasing by 4%. As a result, Genesco reiterated most recent adjusted earnings per share guidance
Nordstrom: comparable sales increase by 1.3%
The Seattle-based fashion retailer announced comparable sales increasing by 1.3% in the nine weeks period ended on the 5th of January 2019, compared with similar period in 2018
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