Tag: Footwear

Retail Asia04/12/2023
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2min0
German shoe manufacturer Birkenstock has launched its House of Birkenstock in Singapore, marking the first of its kind in Asia. The store, located in one of the Duxton shophouses, combines the local design elements with its traditional German heritage. It is also Birkenstock’s seventh location in Singapore. The store’s entrance includes a traditional Chinese wooden signboard, handmade paper lanterns […]

Retail Asia27/11/2023
5min0
Garment and footwear exports have slumped from the beginning of this year but the drops slowed in recent months, signaling a slight recovery in the industries, experts said. Statistics of the General Department of Customs showed that the export of garments fell by 12.9% to US$27.7 billion in the first ten months of this year, […]

Retail Asia16/10/2023
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2min0
In August, Skechers sued nonslip shoemaker Laforst Shoes over the alleged infringement of the slip-in-heel design. These shoe styles were the subject of high-profile Super Bowl ads earlier this year featuring Martha Stewart and Snoop Dogg, and Skechers says it’s sold millions of pairs of the hands-free shoe. On October 5, the Düsseldorf Regional Court in Germany […]

Retail Asia06/01/2023
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2min0
German-founded British footwear and apparel brand, Dr Martens, has closed all of its physical stores in the Philippines. The brand announced on social media that it closed all of its remaining four stores in Glorietta 4, SM Mall of Asia, SM Megamall, and Manila Bay by the end of last month. However, Dr Martens did […]

Retail Asia09/06/2022
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6min0
Nike is deactivating its Run Club app in China, becoming the latest Western company to reconfigure its business in the world’s second largest economy. The US sportswear giant posted a notice to runners in mainland China, saying the app will “cease service and operation” there starting July 8. A Nike spokesperson said that it would roll out […]

Retail Asia15/03/2022
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3min0
Sportswear brand Lululemon has revealed its first-ever footwear collection for women, with a men’s collection to launch next year. The company will launch its debut running shoe called Blissfeel on 22 March online and in select stores across the UK, North America and Mainland China. Three additional styles will be released later in the year. Chargefeel – a cross-training […]

Retail Asia08/10/2021
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3min0
Vietnam’s footwear exports plunged 44.2 percent year-on-year to about $700 million in September, according to the Vietnam Leather, Footwear and Handbag Association (Lefaso). Meanwhile, handbag exports also decreased by 48 percent. However, the industry still recorded positive growth overall thanks to increased momentum in the first half of the year. In the first nine months […]

Retail Asia14/09/2021
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2min0
Eighty percent of leather and footwear enterprises in the south have stopped production due to social distancing and labor shortage. “Leather and footwear businesses are suffering great losses due to having to stop or reduce production. They are faced with canceled orders while still having to bear the costs of maintaining factories and paying workers,” […]

Retail Asia10/05/2021
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3min0
Havaianas’ global expansion — prioritizing Europe, China, and the U.S., in addition to Brazil — remains on a strong path. The world market leader in open footwear delivered revenue growth in all regions, including distributors. Outside Brazil, net revenues in constant currency reached R$317.9 million (~US$59.2 million) in 1Q21, climbing 27% year-over-year. Volume increased 34.3% in the period to 7.9 million pairs/pieces. […]

Retail Asia19/01/2021
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4min0
Li Ning, the gymnast-entrepreneur who lit the Olympic flame during China’s 2008 Games, has bought control of one of Britain’s oldest shoe producers, extending the global shopping spree by Chinese companies for famous international brands. Viva China Holdings, the sports talent agency founded by Li, has agreed to pay £51 million (US$69.7 million) for 51 […]

Retail Asia30/10/2020
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2min0
Chinese footwear retailer Le Saunda saw revenue and profit fall by more than 30 percent in the last six months as the impact of the Covid-19 pandemic ravaged the fashion industry. Revenue for the six months to August 31 fell to US$38.7 million, 30.8-per-cent lower than the same period last year, while gross profit fell […]

Retail Asia31/08/2020
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1min0
Hong Kong-listed women’s footwear label Daphne International is withdrawing its physical retail stores from Mainland China and Taiwan in the face of steep losses. The brand’s most recent interim financial report shows an 85-per-cent drop in turnover to US$27.35 million and a loss of $18.2 million. The loss reflects the firm’s continuing strategy of closing […]

Retail Asia12/08/2020
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2min0
Christian Louboutin has opened a new boutique in Landmark Prince’s, at Hong Kong’s Central. Inspired by the brand’s first boutique in Galerie Vero Dodat, the store facade features red-tiled walls with “petroleum-blue ceramics” and a Christian Louboutin neon sign. The storefront also houses displaying areas behind large glass windows, showing the brand’s latest products. The […]


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