“As an organization, we have always been active portfolio managers, with a sharp focus on our highest-value opportunities. We have recently completed a strategic review of our existing portfolio and have been exploring a variety of alternatives for some of our smaller brands and businesses”, commented Blake Krueger, Chairman, Chief Executive Officer and President, adding: […]
This deal takes part of Aldo’s continued expansion, and according to their management it will “significantly increase both companies’ capabilities and reach, and enhance their ability to offer the widest selection of footwear, handbags, and accessories through all channels, including owned stores, franchise, online and wholesale”. David Bensadoun, Aldo Group’s Chief Executive Officer, commented: “We’re […]
“Our second quarter performance validates the strength of our multiple growth levers to deliver solid results in today’s dynamic global environment”, stated Under Armour Chairman and CEO Kevin Plank, adding: “More than doubling our business over the last three years has required significant investments and resources to build our brand. We are utilizing 2017 to […]
According to the 7th edition of the World Footwear Yearbook, the worldwide footwear production stalled at 23 billion pairs in the last two years, after climbing 15% between 2010 and 2014. At continental level, the geographical structure of the industry remains broadly unchanged. In 2016 Asia’s share of the world production was 86.7%, only marginally […]
“Deflating pricing in retail continues to aggravate measurements of spending in June. Consumers continue to make purchases, but total sales reflects depressed prices on the volume of goods purchased”, commented NRF Chief Economist Jack Kleinhenz, adding: “Nonetheless, consumer fundamentals remain solid, with no expectations for spending to cool off in the remaining summer months. Sales […]
Based on the new report “RFID Forecasts, Players and Opportunities 2017-2027, IDTechEx Research finds that in 2017, the total RFID market will be worth $11.2bn, up from $10.52bn in 2016 and $9.95bn in 2015. This includes tags, readers and software/services for RFID labels, cards, fobs and other form factors, for passive and active RFID. In […]
According to research made by payments company Visa, consumer spending in the UK fell by 0.8% in July, marking this the third consecutive month of decline. This decline was even more intense than the one registered in the previous month (in June this year UK spending fell by 0.2%.). According to the same source, the […]
The last decade has seen strong growth of footwear exports worldwide with volume increasing by 25% to 13.9 billion pairs and value by 78%, to 122 billion dollars, according to the latest edition of the World Footwear Yearbook launched by APICCAPS, the Portuguese Footwear, Components and Leather Goods Manufacturers’ Association. However, over the last two […]
Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Uruguay and Venezuela were represented in the event held last month in Santiago, Chile. Several delegates, representing the footwear associations, as well as entrepreneurs and representatives from the Chilean authorities were gathered to reflected on some of the most relevant issues impacting the footwear industry in Latin America. Representatives […]
From the 27th to the 29th of August, around 9 200 European professional buyers attended the new shoe fair with more than 500 international brands from 16 countries. “We are relieved about this unanimous confirmation from the industry”, concluded Ulrike Kähler, Project Director of Gallery & Gallery Shoes, adding: “In just under six months we […]
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