World Footwear

Companies

Chanel buys Conceria Gaiera

Aug 5, 2020 / Italy
This new deal will contribute to increasing Chanel’s control on the supply chain of leather. The French luxury brand had already made similar deals in the past

DW Sports chain goes into administration

Aug 5, 2020 / United Kingdom
The UK-based chain of gyms and sports retail has confirmed it will enter administration. At risk are 1 700 jobs. Company BDO has been nominated Administrator

Footwear production with new record of 24.3 billion pairs

Aug 4, 2020 / World Footwear Yearbook
Just before the outbreak of COVID-19, the footwear industry has set a new production record. In 2019, worldwide, 24.3 billion pairs of shoes have been produced. Data is taken from the World Footwear 2020 Yearbook just released by APICCAPS

Asia accounts for more than half of global consumption

Aug 3, 2020 / World Footwear Yearbook
Asia’s consumption accounts for more than half of the grand total. Over the last decade Asia’s demographic and economic dynamism has been responsible for a rise of 9 percentage points in its share of world consumption

2020 Yearbook: The footwear industry was already in slowdown before the COVID-19 pandemic

Jul 31, 2020 / World Footwear Yearbook
2019 saw a worldwide slowdown in the footwear industry. That slowdown will certainly continue throughout 2020, given the reality of COVID-19. In 2019 footwear production and exports grew by 0.6% and 0.1%, respectively. Data are taken from the World Footwear 2020 Yearbook just released by APICCAPS, the Portuguese Footwear Association

Hermès: revenue dives by 41% in the second quarter

Jul 31, 2020 / France
At the end of June, revenue for the semester was down by 24% at current exchange rates. In the second quarter revenue was down by 41%, as Hermès took the hit of the COVID-19 pandemic

Kering with double-digit drop in revenue

Jul 30, 2020 / France
The luxury group announced the results for the first half of the year, marked by double digit decline in revenue. Kering named this the toughest period they ever faced

Wolverine declares quarterly dividend

Jul 30, 2020 / United States
The Michigan-based footwear group has announced that its Board of Directors has declared a quarterly cash dividend of 0.10 US dollars per share of common stock

Steve Madden: revenue down by 68.2%

Jul 29, 2020 / United States
The New-York based designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children, announced financial results for the second quarter ended on the 30th of June 2020

Moda Made in Italy is cancelled

Jul 29, 2020 / Germany
The Munich event scheduled for September has been cancelled. Assocalzaturifici said that the German market, of fundamental importance for the Italian footwear industry, will now be served by the new digital opportunities

Board appointment at Shoe Zone

Jul 28, 2020 / United Kingdom
The England-based footwear retailer Shoe Zone PLC announced it has appointed Peter Foot to the Board of Shoe Zone as Finance Director

10 years of Portuguese Soul

Jul 27, 2020 / Portugal
In 2020 Portuguese Soul magazine celebrates one decade of spreading Portuguese creativity. This new edition is especially dedicated to people and brands that value the country abroad

Skechers with recovery on the horizon

Jul 24, 2020 / United States
The US-based footwear giant has announced second quarter results. Sales declined by 42.0% overall. However, Skechers is optimistic with growth in China, improvement in many markets and the jump on ecommerce

Foot Locker implements new organizational structure

Jul 24, 2020 / United States
The footwear giant announced a new organizational structure with several executive changes and senior management promotions implemented. The aim, according to Foot Locker, is to elevate the customer experience

Liberty Shoes expects 35%-45% drop in revenue

Jul 24, 2020 / India
India-based footwear firm is expecting up to 45% decline in its revenue in the current fiscal due to COVID-19. Amid coronavirus pandemic, footfall at stores has dropped significantly as customers are avoiding public places and encouraging social distancing
Page 157 of 310