Investment
European companies are recommended to diversify their markets
The words are from Cleto Sagripanti, President of the European Confederation of the Footwear Industry (CEC). An entrepreneur and a business man with extensive experience in the shoe industry
American distributors of footwear eyeing Ethiopia
The FDRA, the Footwear Distributors and Retailers of America, visited the African country with a group of footwear distributors
LVMH acquires stake in Rimowa
A major stake (80%) of the German premium luggage maker, known for its lightweight suitcases, was acquired by the French-based luxury house
Parfois aims to have 30 stores in Romania
The Portugal-based company just opened a new store in the country, increasing to seven the number of local points of sale. The store is located in Parklake, the new shopping center in Bucharest
New online course on Sustainable Footwear Manufacturing is now available
The EU funded project Step2Sustainability has launched an e-learning and training programme on sustainable footwear manufacturing, which companies/workers can follow for free during the piloting period
Steinhoff acquires South African shoe retailer
The South African-based international retail holding company, agreed to buy Tekkie Town, a local shoe retailer with 302 stores. The announcement follows recent confirmation of 2 digits' growth in the company’s profit
Nike to focus on innovation for golf footwear and apparel
The US-based sportswear giant announced plans to accelerate innovation in its Golf footwear and apparel business. With this new focus, Nike Golf will transition out of equipment, including clubs, balls and bags
Portuguese footwear industry to invest 50 million euros in innovation
After having developed 80 new products and equipment under the Newalk Project, the Portuguese footwear sector, through APICCAPS and CTCP, will develop a new innovation program
Uzbekistan with long-term programme for developing its industry
According to local news agencies, the Head of Department of the Ministry of Economy of Uzbekistan, Otabek Sharipov, confirmed a development programme to be in place by 2030
adidas intensifies activities in China with Wand Group partnership
The Germany-based sports giants deepened commercial ties and agreed to cooperate on developing IRONMAN, football and basketball in China and worldwide
Footwear could benefit from UNIDO’s new programme in Indonesia
The United Nations Industrial Development Organisation (Unido) has announced a new country programme for Indonesia. It will run in the period 2016-2020
Wenzhou and Li & Fung sign 80 million US dollars agreement
The footwear trade deal was announced at the end of the four-day trade promoting activity 2016 Hong Kong and Wenzhou Economic and Trade Investment Cooperation Week
adidas looking for buyers for its golf business
The Germany-based group announced it will focus on further strengthening its golf footwear and apparel business through the adidas Golf brand
Crocs expands #FindYourFun global marketing campaign
The second year of the campaign celebrates the iconic Crocs clog and showcases new footwear styles for the whole family
Kenya to promote investments in the leather industry
The African country plans to promote investment initiatives for its leather industry in order to boost local production-
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