Latest Footwear manufacturing News

Twenty-First Century Fox and Walgreens jump; Starbucks skids

Jun. 20, 2018 4:44 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday: Twenty-First Century Fox Inc., up $3.37 to $48.08 The media company accepted a new offer from Disney to its entertainment divisions for more than $70 billion. Walgreens Boots Alliance Inc., up $3.39 to $68 S&P Dow Jones...

5 executives sentenced in 'Made in USA' boots scheme

Jun. 13, 2018 2:28 AM EDT

GREENEVILLE, Tenn. (AP) — Several former executives of a one-time leading manufacturer of boots for the U.S. military have been sentenced in a "Made in USA" scheme. The Kingsport Times-News reports the former Wellco Enterprises Inc. executives sold boots falsely advertised as being made in the U.S. The...

Family-run Prada grooming son to take over in future

Jun. 8, 2018 2:28 PM EDT

VALVIGNA, Italy (AP) — Prada CEO Patrizio Bertelli said Friday the family-owned Italian fashion group has no intention of selling and that his elder son with co-CEO and creative director Miuccia Prada is being groomed to take over. Bertelli said during the unveiling of a handbag production site near...

Court: Skechers shoe nearly identical to Adidas icon

May. 10, 2018 6:00 PM EDT

SAN FRANCISCO (AP) — A U.S. appeals court says a shoe made by American footwear giant Skechers is nearly identical to an iconic Adidas shoe and would likely confuse consumers about the manufacturers. A three-judge panel of the 9th U.S. Circuit Court of Appeals on Thursday upheld a lower court ruling...

'Amazing China' documentary more fiction than fact

May. 2, 2018 11:55 AM EDT

SHANGHAI (AP) — A Chinese company that manufactured Ivanka Trump shoes and has been accused of serious labor abuses is being celebrated in a blockbuster propaganda film for extending China's influence around the globe. The state-backed documentary "Amazing China" portrays the Huajian Group as a beneficent...

'Amazing China' documentary more fiction than fact

May. 2, 2018 12:13 AM EDT

SHANGHAI (AP) — A company that made shoes for Ivanka Trump and stands accused of serious labor violations plays an unexpected role in a blockbuster propaganda film about China's renaissance under President Xi Jinping. The state-backed documentary "Amazing China" portrays the Huajian Group as a beneficent...

Coach helps Tapestry results, but Stuart Weitzman stumbles

May. 1, 2018 5:00 PM EDT

NEW YORK (AP) — A strong performance at Coach powered the results at its parent company Tapestry, but a weak showing from its Stuart Weitzman shoe brand and its Kate Spade business dragged shares of the company down sharply. Tapestry is trying to create a global house of powerful brands and rely less on...