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Viva China acquires Testoni footwear brand

Viva China, a venture company controlled by Chinese Olympic gold medalist Li Ning and the largest shareholder of his namesake sportswear brand, is to acquire the loss-making Italian shoemaker Amedeo Testoni for HK$81.57 million (US$10.48 million).


Kodiak outlines “Built for What Matters” sustainability initiative

Work footwear manufacturer Kodiak is taking steps to reduce its environmental footprint and improve sustainability through a multi-year, multi-faceted initiative called “Built for What Matters.” The initiative focuses on design and manufacturing, incorporating fewer, more sustainable materials and implementing manufacturing processes that are less impactful to the environment.