Italy
Geox reports improved profitability in the first half
Despite a continued decline in demand due to challenging market conditions, Geox reported an improvement in profitability during the first half of 2025 thanks to cost-cutting measures
Ferragamo launches action plan amid worsening performance
Ferragamo has reported a weak first half due to a tough consumer environment and difficult wholesale conditions. In response, it has devised an action plan focusing on products, communication and distribution
Prada reports solid first half amid challenging backdrop
The Italy-based luxury group has posted a solid performance in the first half of the year. The Prada brand proved resilient during this period, while Miu Miu continued its accelerated growth trajectory
A year of milestones for the Italian footwear industry
The year 2025 marks the 80th anniversary of Assocalzaturifici, the Italian footwear association, and the 100th edition of MICAM. The latter is being repositioned under a newly launched three-year business plan
Loro Piana placed under court administration in Italy over worker exploitation
The luxury cashmere label owned by LVMH has been placed under judicial administration for a year due to suspected worker exploitation and insufficient oversight within its supply chain
Italian footwear, leather goods and tannery machinery sector ends 2024 in the red
Preliminary figures from Assomac indicate that the sector recorded a year-on-year drop in turnover of 12% in 2024, with an estimated closure of around 575 million euros
8 000 attend June edition of Expo Riva Schuh and Gardabags
The 103rd edition of the Italian trade fair specialising in footwear, bags and accessories, held from the 14th to the 17th of June 2025, attracted around 8 000 atendees from over 100 countries
Prada acquires a 10% stake in the Rino Mastrotto leather group
The Italian luxury group will hand over two tanneries to Rino Mastrotto, as well as an unspecified cash investment. This will enable Prada to exert greater control over its production process
Expo Riva Schuh and Gardabags to address current challenges facing the footwear and accessories market
The event will address challenges such as tariff uncertainty, supply chain fragmentation, and shifting economic geographies in order to help brands and companies navigate the international landscape
Golden Goose reports double-digit growth in the first quarter
The Italy-based luxury sneaker company reported double-digit growth in the first quarter of the year, driven by the successful performance of the DTC channel across all regions
Footwear and accessories sectors gear up for the next edition of Expo Riva Schuh and Gardabags
Taking place from the 14th to the 17th of June, the 103rd edition of the trade fair aims to be a central reference point for the footwear and accessories sector amid a challenging global business environment
VETting Green: an online course to tackle greenwashing in the apparel and footwear sectors
As part of the Erasmus+ VETting Green project, partners from Portugal, Spain, Italy and Greece have developed an online course aimed at tackling greenwashing and promoting genuine sustainability practices within the footwear and apparel sectors
Weak Asia Pacific demand drags down Ferragamo’s first quarter revenue
The Italy-based luxury group reported a 2.6% decrease in revenue in the first quarter of 2025, compared to the same period last year, driven by weak demand in the Asia Pacific region
Sales down by 2.4% at Geox
Italian-based company Geox S.p.A. presented its results for the first quarter of 2025, with consolidated sales for the first three months of 2025 amounting to 189.0 million euros, down by 2.4% compared to the previous year
Strong first quarter for the Prada group
The Italy-based luxury group reported a strong first quarter, with growth in all regions despite a complex macro environment. The Miu Miu brand continues to thrive-
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