All Shoe Intelligence articles in Volume 22, Issue 19+20 – Page 5
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News briefs
U.S. bans WeChat, TikTok from Sept. 20
The U.S. Department of Commerce said that from Sept. 20 the Chinese mobile applications WeChat and TikTok will be prohibited in the U.S. to safeguard national security. “The Chinese Communist Party (CCP) has demonstrated the means and motives to use these apps to threaten the national security, foreign policy, and ...
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News briefs
French government remains opposed to EU, Mercosur trade deal
The French government remains opposed to a trade deal between the European Union and the countries of the South American trading block Mercosur, because of the “major” issue of deforestation in the Amazon region. The French government set three conditions to continue talks with Brazil, Argentina, Uruguay and Paraguay, which ...
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News briefsKeen donates up to $20,000 to wildfire relief efforts
While devastating fires in the states of Oregon, Washington and California on the U.S. west coast threaten and destroy lives, property and nature, the footwear brand Keen has decided to donate 1 percent of its U.S. sales from keenfootwear.com, up to a total of $20,000, to relief programs. The money ...
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News briefs
Russian shoe market nearly 3 times larger than previously estimated
The recent introduction of mandatory tagging of footwear in Russia has shown that up to 1.3 billion pairs of shoes are sold in the country on average per year. This is nearly three times more than previous official estimates, said Denis Manturov, the Russian industry and trade minister The tagging ...
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ArticleInditex returns to profit in Q2
Inditex , the Spanish group that owns the brands Zara, Pull Bear, Massimo Dutti , Bershka, Stradivarius, Oysho, Zara Home and Uterqüe, returned to a net profit of €214 million in the second quarter ended on July 31 compared with a 409 million loss in the first quarter. Financial analysts ...
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