United States
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
Nike with new initiatives to tackle climate change
The sportswear giant has announced new initiatives of the Move to Zero program. Nike claims this translates their aggressive effort to combat climate change
Nike with another strong quarter
Revenue increased to 10.7 billion US dollars in the first quarter, up by 7% on a reported basis and up by 10% on a currency-neutral basis, driven by growth across all geographies
Farfetch sued for allegedly misleading shareholders
The online luxury fashion retail platform is at the centre of a multiple lawsuit over allegation of misleading shareholders in its Initial Public Offering (IPO)
Skechers returns to the London Fashion Week
Skechers returned to Mercedes-Benz London Fashion Week. Male and female models walked the runways in Skechers footwear from a selection of the global brand’s stylish collections
Shoe Carnival with new executive appointments
The Indiana-based company announced several executive appointments to support its ongoing customer-centric business transformation and to create a management structure aligned with the its long-term strategic plan-
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