Relevant news & expert insight
Latest products and companies to do business with
Tip & tricks for fashion & material business
The rise of athleisure and “vegan” clothing is also speeding the decline of an iconic U.S. industry. Bloomberg Report by Lydia Mulvany & Demise Tsekova.
As consumers increasingly demand function and versatility, comfort and athleisure trends still lead the pack, swallowing the sales of major shoe styles, such as loafers and oxfords for men as well as flats and pumps for women, according to The NPD Group Inc.
The global footwear industry is set to experience sustained growth in the coming years, fueled largely by what happens with sustainability and athleisure.
The U.S. headquartered casual footwear manufacturer says it has reached record sales of US $1.176 billion in the third quarter ended September 30, 2018, representing a +7.5% increase (8.5% on a constant currency basis).
Hong Kong headquartered Stella International Holdings has announced unaudited revenue of approximately US $471.3 million (+4.2%) for the three months ending September 30, up from US $452.4 million a year earlier.
NEWS & BLOG