The Week in Footwear: Nike Plans to Cut 745 Jobs by the End of This Month

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Idoni’s D-2-C Model means Italian-made quality without the retail mark-up

footwear

Like most big ideas, Idoni was born out of frustration. In this case, founder Amanda Carye’s exasperation at not being able to find cute, comfortable shoes that could take her through her commute and work day without having to change. (Read More)

The performance footwear newcomer going one degree beyond

footwear

After launching in 2003 and growing to more than 6,000 Chinese storefronts, 361° set its sights on bringing its “one degree beyond” message to international markets, including Europe, South America and—as of July 2014—the United States. (Read More)

Nike plans to cut 745 jobs by the end of this month

footwear

Despite being on the cutting edge of technology, and its recent efforts to promote transparency and combat workers’ rights issues, the athletic-giant continues its plans to downsize its workforce. (Read More)

Fenty Puma by Rihanna plays with extreme color & sports for Spring ’18

footwear

Puma and Rihanna presented the Spring ’18 Fenty Puma collection at New York Fashion Week on Sunday, unleashing a motocross-meets-surf presentation set against pink sand dunes and with a flurry of motocross stunt drivers. (Read More)

The luxury sneaker craze has landed in Hong Kong

footwear

Sneaker Con, a sneakerhead mecca of sorts, made its Hong Kong debut late last month, helping to introduce luxury sneakers to the Asian market. (Read More)

Twisted X donates 10,500 pairs of shoes to Houston Hurricane Harvey victims

footwear

The Decatur, Texas-based Western boot and lifestyle footwear brand announced Wednesday the company is donating 10,500 pairs of new shoes to those who are affected by the hurricane. Twisted X linked up with non-profit Soles4Souls to distribute the goods. (Read More)

Adidas & Wanderlust breaks Guinness Book of World Records at a Brooklyn Yoga event

footwear

Adidas and yoga lifestyle company Wanderlust broke the official Guinness Book of World Records for the title of most people doing yoga in pairs at a recent event in Brooklyn. (Read More)

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The Bangladesh Garment Manufacturers and Exporters Association wants to establish more reasonable wage standards for the country’s ready-made garment sector—and any potential shifts could come with a wage hike, too. The BGMEA has asked the government to form a wage board for workers in order……...

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Apparel Prices Edge Down in October, Footwear Prices Suffer Biggest Drop Since 2007

Consumer prices rose by an expected rate in October compared to a year ago, the result of a retreat in energy prices that had spiked at the end of hurricane season, plus flat food prices. Apparel prices dropped slightly year-over-year.

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Report: Uncertainty is the New Norm in Trade, and New Sourcing Locations Will be Key

This year hasn’t been an easy one for trade, with deals becoming defunct or upended, Brexit remaining an ongoing riddle and weather-related catastrophes disrupting global supply chains. Apart from the stress these market forces may have induced, they’ve also served as a reminder that agility is in higher demand than ever before.

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