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FOOTWEAR MAKERS
US stocks: Nasdaq, S&P fall over 1% as Fed holds rates; traders raise hike betsUS stocks tumbled Wednesday as traders anticipated a Federal Reserve rate hike, with policymakers projecting rising interest rates later th...
Allbirds rebrands as Smartbird in AI pivot, hires former AWS executive as CEOAllbirds is now Smartbird. The company has a new president and CEO, Nadia Carlsten. Smartbird is shifting focus to AI infrastructure and cl...
Anushka Sharma acquires minor stake in footwear and apparel brand Agilitas SportsFilm actor-producer Anushka Sharma has acquired a minor stake in Agilitas Sports, joining husband and cricketer Virat Kohli as an investor ...
Indian cos take guard against Rupee’s strikes: Fast-track exports, deepen localisation, extend currency hedging timelinesIndia Inc is stepping up exports, increasing localisation and expanding currency hedging as the weakening rupee starts hurting margins. Com...
Campus Activewear shares jump 7% after strong Q4 show; PAT surges 26% YoYCampus Activewear shares rallied nearly 7% after the company reported strong Q4 FY26 earnings, driven by healthy revenue growth, expanding ...
Rupee depreciation forces Indian firms to adopt Yuan payments, boost local sourcingIndian businesses are actively seeking ways to counter the weakening rupee. Companies are now making payments for Chinese imports in yuan, ...
Myseum takes flight after Allbirds in fresh AI rebrand waveCompanies are shifting focus to artificial intelligence. Allbirds, a footwear maker, saw a significant stock surge after announcing a pivot...
Allbirds shares jump over 400% on plans to pivot to AI from sneakersFootwear maker Allbirds shares have surged dramatically. The company is now raising capital and pivoting towards AI computing infrastructur...
Allbirds to be bought by American Exchange for $39 millionAmerican Exchange Group agreed to acquire all assets and liabilities of Allbirds for $39 million. Allbirds will seek shareholder approval a...
Bata India Q2 Results: Profit slides 38% on one-time chargeThe footwear maker said its consolidated profit fell to 339.9 million rupees ($4.1 million) in the July-September quarter, from 548.2 milli...
Why footwear makers and exporters are divided over quality standardsWhile all stakeholders say the quality control order is beneficial for the industry, manufacturers say the implementation is trampling over...
Footwear sector sees 11% revenue growth, 4% rise in volume: CRISIL RatingsPrices of key inputs such as ethylene vinyl acetate, rubber and resins have fallen 30% in the past fiscal. Raw materials constitute 45% of ...
Nike, Adidas shoe-maker has a Rs 2,000 crore plan to set up shop in India"We hope this would be the first of many investments to come (in India)," Pou Chen Vice President George Liu said in a meeting streamed onl...
Bata to open standalone ladies footwear stores across the country within a yearBata India, the country’s largest footwear maker, will roll out a chain of ladies footwear stores across the country within a year, its man...
Relaxo Footwear signs Katrina Kaif as brand ambassador for FliteFootwear maker Relaxo Footwear today said it has roped in Bollywood actor Katrina Kaif as brand ambassador for its Flite brand.
- Liberty positions itself as a trendy fashion brand
To keep up with the changing consumer demand, footwear maker Liberty Shoes Ltd is working to position itself as a young and vibrant fashion...
- Crocs to focus on medical footwear; ties up with Surya Pharma
US-based premium footwear brand Crocs Inc today said it is targeting the country's market for its specialised range of medical footwear and...
- Reliance Footprint partners Japanese footwear maker
Reliance Footprint, a branded chain of footwear stores from Reliance Retail Ltd (RRL), on Tuesday announced an exclusive partnership with A...
- Footwear maker Khadim's IPO to hit market mid-August
Khadim India's 55,00,000 equity share issue is slated to opened mid August. The footwear maker is taking the book building route.
- Footwear component makers walking on edge
Which is why they are blaming the government for allowing footwear exporters to import such products at zero Customs duty - up to 3% of FOB...