Companies
Hunter with new distribution strategy in Japan
Hunter Boots Limited and Itochu Corporation announced an agreement to found a joint venture, Hunter Japan K.K., which will guarantee a new distribution strategy in Japan to coincide with the launch of the spring/summer 2015 selling season
Wolverine announces record revenue
In the second quarter of the year, the US based company generated revenue reaching 613.5 million US dollars, a solid increase of 4.4% compared to similar period in the previous year. Net income increased from 17.9 million US dollars to 27.5 million US dollars
Cristiano Ronaldo announces footwear brand 100% Made in Portugal
The winner of the FIFA Ballon D’Or for the best footballer in 2013 has just announced through social media he is launching a new footwear brand under his name
New Footwear Production Code of Conduct in the US
The Footwear Distributors & Retailers of America (FDRA), the largest footwear trade association in the US, released a comprehensive Footwear Production Code of Conduct for its industry
Debt restructuring launched at shoemaker Alpina
The District Court in Kranj, Slovenia, has launched debt restructuring proceedings at footwear maker Alpina, after accumulation of a debt totaling 42 million euros
Giant footwear retailer Belle fears weak China’s economic performance
The company announced its results for fiscal year ending February 2014, with revenue up 1% and net income increasing 10%, but declared it fears that China’s slow growth forecasts might affect the company’s performance
Skechers named Best Lifestyle Brand of the Year
Skechers USA, Inc. was elected at the Sports Trade Awards and adds this new and recent achievement to a year with multiple industry awards
adidas teams up with Pensole to launch Earn Your Stripes
The initiative aims to attract aspiring designers to participate in an intensive design program created to find and develop the next generation of designers for adidas footwear
Ferragamo with continued growth
The group’s revenue for the three month’s period ending 31st March was up by 6.0%. Group net profit for the first quarter reached 26 million euros, 6.9% up from similar period in 2013
Puma and Ferrari in a new footwear partnership
The Germany based footwear company introduces the Ferrari Limitate footwear collection, a limited edition line fusing Ferrari's class with Puma’s aesthetics-
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