Ngakan Timur Antara, Head of the local Agency for Industrial Research and Development, said it is important for the country’s footwear industry to improve several attributes in order to claim a bigger share of the global footwear market   

The Italy-based luxury group has announced decreasing revenue for the first nine months of 2017. A declining performance across all geographies and most of business segments was registered
  

The Brazil-based company has announced net revenue up by 9.0% in the first nine months of the year. Despite the difficulties in the markets, the company says its business is performing well and will maintain the guidance for the year   

Luxury group Kering has appointed the financial services group Rothschild & Co. to handle the potential sale of Puma, the sportswear brand from the group’s portfolio   

China-based ecommerce giant Alibaba generated record 25 billion US dollars (168 billion yuan) in sales in a day, partnering with more retailers to host the 2017 Singles’ Day event
  

Cloud Footwear is a brand established in 2012 in the north of Portugal, born within company Joia Calçado, a footwear business with more than four decades of existence