United States
AAFA remains concerned with tariffs war
Despite the announcement by the Trump Administration to pause tariff rate increases, the American Apparel & Footwear Association remains concerned
Nike is sizing down production in Argentina
According to reports by Argentina-based newspaper Pagina 12 the US-based sportswear giant is reducing its local production. Replacing the local capacity by imports might be on the pipeline
Iconix reports weak quarter
In the second quarter of the current fiscal year Iconix registered total revenue of 34.4 million US dollars (50.2 million US dollars last year). A decline across the different business segments
AAFA President still has concerns with the trade war
Rick Helfenbein, President and CEO of the American Apparel & Footwear Association was interviewed by Bloomberg and he was not enthusiastic with the phase one trade deal
Allbirds to expand footprint
Online shoe brand Allbirds plans to more than double its store network in 2020. The brand says it cannot ignore most sales take place in the brick and mortar arena
US-China phase one trade deal announced
As part of the deal, the tariffs on the first 250 billion US dollars in trade will not increase to 30% on Tuesday as planned
Jesus Shoes sold out in a minute
With holy water from the Jordan River on the sole, the Jesus Shoes sold out in a minute. The base model, the Nike Air Max 97 has a selling price around 160 US dollars
US is the main destination of Brazilian footwear exports
According to data prepared by the Brazilian Footwear Industries Association (Abicalçados), 9.47 million pairs were shipped in August, 7.4% more than in the same month of 2018
VF Corp wants to mitigate the global climate crisis
With a new leader for Sustainability taking the reigns of the theme inside the group, VF continues their environemy oriented actions and says it is ready to lead the way towards new approaches
New US campaign encourages to choose real leather
The global campaign features a new consumer-focused website and social media channels to amplify its central message: to choose and celebrate real leather. The USHSLA coordinates the initiative
Apex Global Brands adjusts outlook
The company reported second quarter results and took the opportunity to lower its fiscal year outlook due to economic uncertainty, Brexit and the impact of a weakened British pound sterling and Euro
Caleres updates strategic growth plan and financial targets
The US-based footwear giant underlined its focus on customer, products and innovation to ensure a winning strategy. Caleres also introduced its 2022 financial targets
Forever 21 files for bankruptcy
The fast fashion retailer of clothing and accessories filed for Chapter 11 bankruptcy. Forever 21 plans to close most of its stores in Asia and Europe
Skechers announces 85% reduction of plastic in its footwear packaging
The US-based footwear brand announced that since 2016 the use of plastic in its footwear packaging was reduced by 85% to 10% of its foot forms, all of which is recyclable
VF updates long-term strategic growth plan
The Denver-based business provided an update to the company’s strategic growth plan and key initiatives to deliver long-term sustainable growth and value creation-
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