Articles about shoes

Nike online sales up 70 per cent

Online sales at sports retailer Nike were up by 70 per cent last quarter, boosting shares by as much as 7 per cent.

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Jimmy Choo to float on London stock market

Shoe designer Jimmy Choo is to float on the London stock market this week. The company has plans to float a 25 per cent stake – worth up to £200 million – that values the brand at over £700 million.

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Bain Capital to acquire 50% stake in TOMS

Private equity firm Bain Capital LLC will acquire a 50 per cent stake in TOMS Shoes Inc, according to a report by Reuters, valuing the casual shoe company at around USD 625 million including debt.

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Dr Martens moves chief up to chairman

UK shoe designer Dr Martens has just taken on the European head of competitor footwear brand Deckers Outdoors as its new chief executive.

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Harrods launches ultra-luxury shoe space

UK luxury powerhouse Harrods is due to unveil an enormous new project this week, a luxury shoe space which will cover 42,000-square-feet.

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Crocs are forced to lay off 180 employees

US footwear brand Crocs – known for their colourful plastic clogs, have just been forced to close over 100 stores globally, after experiencing a large profit drop of 44 per cent in three months.

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Brazillian brand Melissa to open in UK

A new permanent store is set to open in London: Brazillian shoe company Melissa.

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H&M enjoys strong spring sales

It was reported in BBC news that H&M have admitted to a “good start” to the year financially, and that their spring collections have been “well received” leading to a strong second quarter with a 20% increase in sales.

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Office suffers website security breach

Office is advising its customers to update their passwords after its e-commerce website suffered a security breach which compromised customer data.

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Clarks puts best foot forward with £1.54bn annual revenue

The British shoe retailer has posted £1.54 billion in revenues for the year to the end of January, up 5.5 per cent on the previous year. Pre-tax profits also rose 5.5 per cent to £119.8 million.

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