World's Largest Duty-free Shopping Complex Opens in Hainan
Regarded as the worlds largest duty-free facility, the Haikou International Duty-Free City Shopping Complex, located in the province of Hainan, China, is now open to the public
Wolverine Worldwide Posts Revenue Growth but Below Expectations
The company reported a revenue increase in the third quarter of 2022, but failed to meet its revenue and earnings expectations as the macroeconomic conditions continued to worsen
Under Armour Lowers Full Year Outlook
The Baltimore-based company has slightly lowered its fiscal 2023 guidance despite reporting second quarter results in line with expectations. Footwear segment was the only one to grow
Classic Shoes Manufacturer Ferreira Avelar Celebrates 75 years
The Portuguese company Ferreira Avelar, owner of the brand Profession Bottier, celebrates 75 years of producing classic shoes of excellence, with the eyes set on the future
Brazilian Footwear Components Exports Grow by 22%
Exports of yellow-green footwear components generated 331.9 million USD in the first nine months of 2022, reflecting higher demand from Latin American countries, which are seeking options to China
Sanchit Kundra (Fresh Feet): the Footwear Industry in India has been through a Revolution
Our latest interview is with Sanchit Kundra, founder of Fresh Feet. Mr Kundra guided us through Fresh Feet’s new technology and gave us an updated on the status of Indian footwear industry
Footwear Sector in T.N. Poised for 200% Growth
Non-leather footwear manufacturing units in Tamil Nadu, numbering less than 50, are expected to scale up and increase their share in the export market in six or seven years.
Hoka's Performance Stands out in the Second Quarter
Deckers Brands posted a net sales increase of 21.3% in the second quarter of fiscal 2023, as compared to the same period of last year, with Hokas sales growth of 58.3% standing out
Brazilian Footwear Sector with the Best Performance in Job Creation since 2015
With 44.4 thousand jobs generated between January and September 2022, the Brazilian footwear industry reached the best result in employment generation of the past seven years
Allbirds Reduces Carbon Footprint by 12%
The Californian brand of sustainable footwear revealed that it cut by 12% the average product carbon footprint between 2020 and 2021. Allbirds intends to reduce it to near zero by 2030
VF Corp Sales Decline
The US-based group reported a revenue decline in the second quarter of the current fiscal year, as sales at Vans were noticeably down in this period, as compared to the same period of last year
Puma Reiterates Full Year Outlook
On the back of yet another quarterly sales record, the German-based sportswear giant confirmed its outlook for 2022, despite signalling the continued volatility in the market.
Siretessile, News about Technical Fabrics Sire-Tex
Sire-Tex waterproof and breathable membranes were presented at Lineapelle fair with new graphic layout.
Teijin Launches “cutting edge” Thai Polyester Filament Facility
The Thailand division of chemical and fibre company Teijin Frontier Co has launched a cutting-edge automated facility for the highly efficient production of polyester filaments.By Michelle Russell
CMiA Recognised by Two Sustainability Standards
Cotton made in Africa (CMiA), an initiative for sustainable African cotton is now officially recognised by Germany’s Green Button and is confirmed as an accredited source of raw materials for Cradle to Cradle Certified.By Michelle Russell