Shoes
Designer Brands to give over 7 300 workers a 200 US dollars bonus
These bonuses to the companies’ associates will result in a 1 million US dollars investment made by Designer Brands ahead of the holiday season
Sales increase by 34.7% at Caleres
Net sales for the Caleres group in the second quarter reached 675.5 million US dollars, up by 34.7% from the second quarter of fiscal 2020
Net income bounces by more than 850% at Foot Locker
The footwear retailer reported net income of 430 million US dollars for the second quarter, as compared with net income of 45 million US dollars in similar period last year
Asics: sales go up by 44% in the EMEA region
In the first six months of the current fiscal year, Japanese sports brand Asics saw sales in the Europe, Middle East and Africa (EMEA) area grow by 44% to 70.5 million euros compared to similar period of the previous year
Shoe Carnival with record quarterly sales and net income
The US-based retailer of footwear and accessories reported results for the second quarter and six months periods ended on the 31st of July 2021. Shoe Carnival talks about record quarterly sales and record quarterly net income
Paraguay holds first National Footwear and Leather Goods Expo in Asunción
The first National Footwear and Leather Goods Expo was held on the 27th of August at the Grand Salon of the Sheraton Asunción Hotel, seeking to promote and enhance the commercialization of products made in Paraguay
Johanna W. Hanneke Faber joins Tapestry Board of Directors
New York-based house of modern luxury accessories and lifestyle brands announced that Hanneke Faber has been appointed to Tapestry’s Board of Directors. The appointment of Ms. Faber to the Board brings the membership to eleven, including ten independent directors
adidas to sell Reebok to Authentic Brands Group
The Germany-based sportswear giant entered into a definitive agreement to sell Reebok to Authentic Brands Group (ABG) for a total consideration of up to 2.1 billion euros
Geox is closing its Serbian factory
The Italy-based company is closing down its Serbian plant in Vranje. The decline in demand for formal men’s and women’s shoes is pointed as the reason for the closure
Rocky Brands: revenue up by 134.2%
The Ohio-based company has announced second quarter results marked by an increase in net sales of 134.2% (to 131.6 million US dollars). Wholesale segment increased by 195.0% and retail by 36.8%
Pakistan footwear exports in growing mode
In the first eleven months of the current fiscal year, Pakistan exported 16.61 million pairs of shoes, resulting in exports revenue of 131.89 million US dollars. This reflects an increase of 22.03% in volume and 4.72% in value
Skechers’ Animal Rights Movement reaches 7 million US dollars in donations
The company’s BOBS from Skechers Philanthropic Collection has helped save and support over 1.3 million shelter dogs and cats in the United States and Canada
Asics invests in Japanese insole makers
The Japanese sports footwear giant has financed the healthcare start up Japan HealthCare Co., Ltd, which has developed custom-made insoles created from photos of feet taken by a smartphone
adidas raises full year outlook
The Germany-based sportswear giant announced its second quarter results for 2021. Revenue picked up everywhere except in Greater China. Sales growth in the period amounted to 51% in euro terms
Hush Puppies & Designer Brands in partnership
The two tags announced an exclusive distribution partnership for Hush Puppies in North America. This initiative will make DSW Designer Shoe Warehouse the exclusive in-store distributor of Hush Puppies by 2022-
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