Italy
Prada reports annual revenue growth of 21%
The Italian-based luxury group reported a net sales growth of 21% in 2022 over the prior year. Both the Prada and Miu Miu brands performed “strongly”
Ferragamo confirms full year 2022 results
The Italian-based luxury group recorded revenue growth of 10.2% in 2022 over the prior year, reaching 1.25 billion euros, with sales growing in all regions except for Asia Pacific
Brazilian Arezzo acquires first international brand
The Brazilian footwear and accessories group has acquired a 65% share in the Milan-based shoe brand Paris Texas, suggesting it plans to continue expanding its global footprint
Tod's and Lamborghini announce partnership
The luxury group and the manufacturer of sports cars have announced an exclusive collaboration, “with an undisputed Italian touch”, across an extensive range of products
Lineapelle returns to a pre-pandemic dimension with a high turnout of buyers
1 161 exhibitors from 42 countries welcomed over 24 000 buyers into their stands at the last edition of the trade fair, held between the 21st and the 23rd of February at Fiera Milano Rho
International buyers back at MICAM in full force
Buyers numbers at the last edition of the international footwear trade fair increased by 25% over the previous edition, with about half of them visiting from abroad
MICAM to host 988 brands in the upcoming edition
The international footwear trade show, which will be held from the 19th to the 22nd of February at Fiera Milano Rho, in Milan, will feature a total of 988 brands, including 451 foreign exhibitors
Next UITIC Congress to focus on sustainability and innovation
The 21st edition of the UITIC Congress, which will take place from the 20th to the 22nd of September 2023 in Milan and Vigevano, will address the relation between sustainability and innovation
Geox announces full year preliminary results ahead of expectations
The Italian brand posted a sales growth of 21% in 2022 over the prior year, sustained by double-digit growth on all distribution channels and across all the main regions
Ferragamo reports full year revenue growth
The Italian-based luxury group has announced preliminary consolidated results for the year 2022. Sales grew in all regions, except for Asia Pacific, due to a COVID-19-related slowdown in China
Tod's Group turnover exceeded one billion euros in 2022
The Italian-based luxury group posted revenue growth of 13.9% in 2022, year-over-year, thus exceeding the one billion mark, driven by the retail channel and Tod’s brand performances
Italian leather goods industry is only cautiously optimistic
The Italian leather goods industry grew from January to September 2022, but concerns over costs' increases and the situation in China are raising sirens in the industry
Expo Riva Schuh & Gardabags on track to normality
The January 2023 edition of the trade fair welcomed over 8 600 attendees from 100 countries. The organization claims that the event is "coming back into the light" after the difficult pandemic period
Double-digit increase in turnover for Italian footwear manufacturers
In the first nine months of 2022, Italian shoemakers' turnover increased by 13.9%, year-over-year. But growth is not alike among companies, says Assocalzaturifici, highlighting the rising costs
Maria Vittoria Brustia (Assomac): after COVID-19 customers have higher expectations regarding sustainability
Today we are happy to share an interview with Maria Vittoria Brustia, President of Assomac, the National Association of Italian Manufacturers of Footwear, LeatherGoods and Tanning Technologies. Assomac is the organizer of the Simac Tanning Tech trade fair-
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