Shoe making has been shifting to countries like Vietnam, Cambodia and Indonesia but China is still a leading footwear manufacturer
Nike reported disappointing earnings, weakening the outlook for clothing sales — which have a lot to do with the year-end shopping season.
It was the first auction of its kind for Sotheby’s.
Skechers agrees to pay $50 million to settle charges it made false claims about the health benefits of its Shape-ups and other toning shoes.
