World Footwear

United States

Walmart has a new Chief Technology Officer

Jun 18, 2019 / United States
Suresh Kumar is a 25-year Tech Executive, who will bring deep experience in retail and e-commerce, advertising, cloud and machine learning

Shoe Carnival declares quarterly dividend

Jun 17, 2019 / United States
The company to pay quarterly cash dividend of 0.085 Us dollars per share, a 6% increase over the prior quarterly cash dividend

New Global Chief Digital Information Officer at Nike

Jun 17, 2019 / United States
Effective from today, Ratnakar Lavu will become the company’s first Global Chief Digital Information Officer. He will report to Eric Sprunk, Nike's Chief Operating Officer

Crocs to reduce sourcing from China

Jun 14, 2019 / United States
The footwear company known for the iconic clogs says the amount of US products sourced from China will be below 10% for 2020. Currently, Crocs imports 30% of its US product from China

Puma to invest 40 million US dollars in Indiana

Jun 14, 2019 / United States
Puma North America intends to invest 40 million US dollars in a new distribution center in Indiana. A 635 000-square-foot building and the hiring of 90 people should be the key elements of the new facility

Genesco names new CFO

Jun 13, 2019 / United States
The Tennessee-based company appointed Mel Tucker, Senior Vice President of Finance and Chief Financial Officer, effective from the 24th June 2019. Tucker succeeds Mimi E. Vaughn, who recently was promoted to Chief Operating Officer

Chanel invests in company focused on sustainable materials

Jun 13, 2019 / France
The French-based luxury brand has invested in a chemistry firm that's exploring ways silk could replace chemicals used in clothing manufacturing

Singapore: most competitive economy

Jun 12, 2019 / Singapore
Singapore has ranked as the world’s most competitive economy for the first time since 2010, according to the IMD World Competitiveness Rankings, as the United States slipped from the top spot and economic uncertainty took its toll on conditions in Europe

ABG acquires Sports Illustrated

Jun 12, 2019 / United States
The New-York based group acquired a media icon as part of its strategy to build a global platform converging sports, culture and entertainment

Neiman Marcus with significant loss

Jun 12, 2019 / United States
The Texas-headquartered department store group reported falling third quarter revenue. Net loss reached 31.2 million US dollars, a worse result than the 19.9 million US dollars net loss from the previous year

Dick's Sporting Goods consolidates sales

Jun 11, 2019 / United States
The Pittsburgh-based sporting goods retailer announced results for the first quarter ended on the 4th of May. Net sales for the first quarter of 2019 increased by roughly 1%

Timberland to open 30 stores in Europe

Jun 10, 2019 / Europe
The company is part of VF Corporation's portfolio and is planning a heavy investment in Europe next year. 25 to 30 new stores might be on the pipeline for the region, in a combination of franchise and own stores

VF with new Executive Vice President Global Supply Chain

Jun 10, 2019 / United States
The North-Carolina based group has announced the appointment of Cameron Bailey to the position of Executive Vice President, Global Supply Chain, effective from Juneonwards

Stein Mart to install Amazon pick-up lockers

Jun 7, 2019 / United States
Amazon customers will soon be able to receive delivery of their orders at nearly 200 Stein Mart stores across 28 states. The giant ecommerce player has been focusing on some similar initiatives

India’s leather footwear exports up by 1%

Jun 6, 2019 / India
According to the Council for Leather Exports in the first 10 months of the fiscal year exports of leather footwear increased by roughly 1%. Exports of the overall leather industry are declining
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