Shoe-mania has well and truly invaded the Boulevard Haussmann in Paris. Printemps has transformed its store windows into a gallery of shoes that have almost become items of jewellery rather than clothing.
After the ‘British Invasion’, a collection inspired by the groups Pink Floyd and The Who, Converse is launching a ‘Music Collaboration’ line which has been created in collaboration with two of the biggest names from hard rock: Metallica and AC/DC.
Italian luxury group Tod's turned in a 3.4 percent rise in first-half sales, boosted by demand for its shoes. Tod's, famed for its soft loafers and bags, said in a statement sales were 358.9 million euros ($507.7 million).
Wrangler has chosen the autumn-winter 2009/2010 season to launch its first line of footwear in Europe. A range consisting of 26 models for men and 5 models for women will be released and will be rolled out first in Madrid and London.
Footwear maker Deckers Outdoor Corp posted a surprise second-quarter profit, helped by cost controls, but forecast a weak fourth quarter, when sales of its trademark sheepskin boots are traditionally strongest.
Walmex, Mexico's biggest retailer, posted a 16 percent rise in second-quarter net profit on Wednesday 8 July as aggressive promotions, improved efficiency and a helpful calendar offset a deep recession.