China
Hugo Boss to close 20 stores in China
Reduction of losses is behind the decision of the luxury brand to rationalise the operations in the Asian country
Ferragamo Group fights counterfeiting
The Italy-based group has announced thousands of actions carried out in 2015. A new microchip will start to be embedded in Ferragamo shoes and leather goods with an aim to make counterfeiting more difficult
Anti-dumping duty extended in Brazil
As communicated by the Ministry of Development, Industry and Foreign Trade (MDIC), from the 2nd of March onwards the surcharge applied to footwear imported from China will be 10.22 US dollars per pair
Columbia Sportswear’s Chinese joint venture appoints GM
The US-based company and the subsidiary of Swire Pacific Limited announced the appointment of Jason Zhu as General Manager of their China joint venture - Columbia Sportswear Commercial (Shanghai) Co. Ltd.
European Commission to launch a public consultation regarding China MES status
Plans to conduct a consultation with the interested stakeholders on China’s request for Market Economy Status (MES) has been announced by the EU Trade Commissioner Cecilia Malmström
Chinese footwear exports to Russia down by 35.9%
CLIA, the China Leather Industry Association, has confirmed that sales of China-made footwear to Russia have fallen by more than a third in the first 8 months of 2015
Yue Yuen revenue up by 5%
One of the world's leading footwear manufacturers consolidated its total revenue in 2015
Announced closures by shoemakers in China
According to the China Leather Industry Association (CLIA) website Stella International is closing its facility in Dongguan city. The same source has reported that 60 other shoemakers are closing their business in the Putian city (Fujian)
Geox plans to open 350 stores in China
The Italy-based shoemaker has signed a distribution agreement with Hong Kong listed Pou Sheng International to set up more than 300 stores in Mainland China by 2020
Louis Vuitton to close stores in China
The France-based luxury house is in the process of closing three stores in China, including an outlet in the southern city of Guangzhou. Several sources anticipate this trend will continue across the country in coming months
China’s footwear exports down
According to numbers recently released by CLIA, the China Leather Industry Association, footwear exports declined by 3.5% in the first eight months of the current year
Yue Yuen revenue up by 5.7%
One of the world's leading footwear manufacturers consolidated its total revenue in the first nine months of the year
JD.com opens US office
China’s largest online direct sales company, has opened its first US facility, a new research and development center located in Silicon Valley-
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