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08 Feb Wiivv Acquires Esoles

Posted at 19:35h in FDRA, Home, Latest News

Wiivv Wearables Inc. launched its next phase of custom-fit footwear after raising $4 million in Series A funding and acquiring Esoles, known for their modular customizable footbeds....

08 Feb Timberland Launches SensorFlex Campaign

Posted at 19:22h in FDRA, Home, Latest News

“When people think of Timberland, words like ‘rugged’ and ‘heritage’ and ‘quality’ tend to come to mind – and those are great attributes for a brand to have,” said Jim Davey, vice president of global brand marketing for Timberland. “But the spring SensorFlex campaign showcases...

08 Feb Trump Slams Nordstrom For Dropping Ivanka’s Line

Posted at 19:03h in FDRA, Home, Latest News

“My daughter Ivanka has been treated so unfairly,” Trump said on his Twitter account Wednesday. “She is a great person — always pushing me to do the right thing! Terrible!”...

08 Feb Sneaker Marketplace GOAT Raises $25 Million in Funding, Adds to Board of Directors

Posted at 18:56h in FDRA, Home, Latest News

“We have been tracking GOAT for a long time,” Sweeney said. “It is hard to build both sides of the marketplace simultaneously, yet GOAT has scaled both buyers and sellers at a remarkable rate. This is a testament to the company’s focus on the sneaker...

07 Feb Sri Lanka to Launch First Footwear and Leather Hub

Posted at 15:32h in FDRA, Home, Latest News

According to Rishad Bathiudeen, Minister of Industry and Commerce, the first footwear and leather industry city will be created in the Eastern province of the country. The minister announced the new project when attending the 2017 edition of the Footwear and Leather Fair in Colombo....

07 Feb China will Spend Trillions for Automation Manufacturing and Research

Posted at 15:15h in FDRA, Home, Latest News

While the USA has been extremely concerned about losing jobs (particularly manufacturing jobs to China), China performed a survey of businesses in the American Chamber of Commerce in Beijing and found that 25% had moved or were planning to move their businesses out of China....

07 Feb Puma’s Parent The Latest To Protest Travel Ban

Posted at 13:54h in FDRA, Home, Latest News

In a message on Kering’s Twitter account, Pinault wrote: “At a time when diversity is at stake, I want to reaffirm how crucial this value is to me and to Kering. Diversity of origin, opinion and belief is part of our identity and our...

07 Feb Outdoor Retailer Considers Moving From Utah

Posted at 13:40h in FDRA, Home, Latest News

“Outdoor Retailer has always been about ‘Right time, right place, right stuff,’” says Marisa Nicholson, show director for Outdoor Retailer. “We’ve been listening to the concerns from the industry and agree that it’s time to explore our options. Salt Lake City has been an incredible...

07 Feb L.L.Bean Responds To Trump’s Travel Ban

Posted at 13:37h in FDRA, Home, Latest News

“While we have gone to great pains over the past few weeks to distance ourselves from an unfortunate and unwanted political situation, there have been some more recent developments that have prompted me to share some thoughts and direction,” wrote L.L.Bean CEO Stephen Smith in...

06 Feb Deckers Profits Dragged Down By Sanuk Write-Down

Posted at 10:28h in FDRA, Home, Latest News

"Domestically, we believe the warm temperatures at the start of the key selling season impacted sell-through in November,” said Powers. “The slow start heightened retailer caution, especially since they carried over product following last year’s warm winter. Sell-through accelerated as the weather turned colder; however,...