World Footwear

Footwear

Dependence on FDI of Vietnam exports raises worries

Apr 21, 2021 / Vietnam
In the first quarter of the year, the country reached an estimated export turnover of 77.34 billion US dollars, an increase of 22% from the first quarter of 2020. The FDI sector accounted for 76.3%

Fila chooses Portugal for first own store in Europe

Apr 21, 2021 / Italy
As the country reopened all stores and shopping centers, Fila opened in Portugal its first own name store in Europe. The store is located at Freeport Lisboa Fashion Outlet, in Alcochete (Lisbon)

JD Sports Fashion with robust results

Apr 21, 2021 / United Kingdom
The UK-based retail group reported a set of good results for the fiscal year ended on the 30th of January 2021, despite the impact of the pandemic and Brexit

How COVID-19 is impacting the footwear industry in Agra

Apr 20, 2021 / India
The local footwear industry had hoped that the pandemic would lose momentum and the expectation was for some recovery in 2021. However, a new pandemic wave is bringing added uncertainty back to the equation

Can the industry be an art form?

Apr 20, 2021 / Portugal
Watch the new video of the Portuguese Shoes 2021 campaign. According to APICCAPS, the Portuguese Footwear Association, after a year of pandemic, lockdowns and restrictions, it is time to stretch the legs, and run, dance and jump into the air to gain perspective

New business update from 361 Degrees

Apr 20, 2021 / Hong Kong
The Board of the Hong Kong based footwear company has provided an operational update for its business segments in regards to the group's business for the first quarter of 2021

Expo Riva Schuh announces new dates in July

Apr 20, 2021 / Italy
The 95th edition of Expo Riva Schuh and the 6th edition of Gardabags, dedicated to the 2022 Spring/Summer collections will take place at the Riva del Garda Exhibition Centre from 18th to 20th July, a month later than the normal summer edition

UK Retail: Christmas upsurge turns into big new dip at the beginning of 2021

Premium ContentApr 19, 2021 / World Footwear Reports
As a new wave of COVID-19 struck the UK and a new confinement hit the country after the New Year, retail sales of footwear slowed down again. One interesting fact comes from the indicator of consumer confidence, which is now increasing for two succeeding months. If vaccination in the UK succeeds, footwear sales decline might not persist. The question is what the impact will be for brick and mortar, as this virus seems to have been fatal for many high street players

Steve Madden acquires remaining share of European joint venture

Apr 19, 2021 / United States
The US-based designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children, announced that it has completed the acquisition of the 49.9% share that it did not already own of its European joint venture

Italy: expectation is for trade fairs to restart from July onwards

Apr 19, 2021 / Italy
According to Italy’s Industry Minister Giancarlo Giorgetti trade shows should resume its activity in July. The events have been suspended due to the COVID-19 pandemic

adidas unveils the Stan Smith mylo made with mushroom-grown materials

Apr 19, 2021 / Germany
The Germany-based sporstwear giant has annouced its Stan Smith Mylo, the first shoe to be made using Mylo: a new mushroom-based material innovation that "looks and feels like leather"

US: threat of new tariffs in response to digital taxes

Apr 16, 2021 / United States
The United States Trade Representative (USTR) is collecting public comments on the potential implementation of tariffs to a list of goods from 6 US trading partners. Tariffs can go up to 25%. Footwear is part of the lists for some trade partners

Under Armour announces commitments to tackle climate change

Apr 16, 2021 / United States
The US-based sportswear brand Under Armour has committed to using 100% renewable energy use in owned and operated facilities by 2030 and to achieve net zero greenhouse gas emissions by 2050

Todd Kahn is new Coach's Chief Executive Officer and Brand President

Apr 16, 2021 / United States
The New York-based house of modern luxury accessories and lifestyle brands, announced the appointment of Todd Kahn as Chief Executive Officer and Brand President of Coach, effective immediately

Digital, Digital and more Digital

Premium ContentApr 15, 2021 / Business Conditions Survey
In the fourth edition of our Business Conditions survey, we questioned our panel members on which business-to-business marketing tools will be more important for footwear businesses in the post-pandemic world. Digital, digital and digital are the top answers
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