News
Burlington Stores announces succession plan
The New-Jersey based off-price department store retailer announced a series of managerial changes as part of their succession plan
Ferragamo returns to growth
The Italian luxury house seems to be on its way to recovey, as it posted increasing revenue and net profit for the first quarter of the current fiscal year
Under Armour consolidates growth
The US-based footwear, sports, and casual apparel brand announced financial results for the first quarter ended on the 31st of March. Period was marked by 2% growth in revenue
Christian Louboutin inspired by Portugal
Portugaba is a bag manufactured with Portuguese handcrafted techniques and aims to pay tribute to the country that welcomed the designer
Skechers appoints Katherine J. Blair to Board of Directors
The US-based giant has named Katherine J. Blair to its Board of Directors as an independent member. The appointment brings the total number of directors to ten, including six independent members
Egypt extends fees on crust leather exports
Trade and Industry Minister Amr Nassar has extended fees on crust leather exports for one year more, starting on this month
Harrods: world’s best performing luxury department store
The famous 170-years old luxury department store has proven its deep-rooted experience in the retail arena and scored in first ahead its competition
FDRA 75th Anniversary Party
The Footwear Distributors and Retailers of America and the NY trade show have come together to celebrate FDRA’s 75th Anniversary and FFANY’s 40th
Tod's revenue declines
Consolidated sales for the Italian-based group amounted to 216.4 million euros in the first quarter of 2019, down by 4.3% from similar quarter in 2018
Kohl’s expands network of Amazon returns
Amazon customers will now have free, easy returns in all Kohl’s stores. The new functionality will be rolled out to all network of Kohl's locations this summer
Wolverine partners with leading Chinese sportswear retailer
Joint venture leverages the retail and product expertise of Xtep International Holdings Limited to grow the Merrell and Saucony brands in Mainland China
China’s Green Harbor acquires Jason Wu
Chinese private equity firm Green Harbor Investment has bought a majority stake in the parent company of New York’s Jason Wu. The American fashion brand is aiming at the booming Chinese luxury market
Wolverine reaffirms full-year outlook
The Michigan-based footwear giant reported financial results for the first quarter of the year (ended on the 30th of March). Wolverine also provided an update on its key 2019 investments and full-year 2019 outlook
The new chapter of the US-China trade war
President Trump announced and applied increases on the China tariff rates on List 3 (200 billion US dollars in Chinese-made goods) from 10% to 25%. Remaining goods, including footwear, could be hit with tariffs shortly as a new list was announced
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