World Footwear

France

LVMH acquires stake in Masoni tannery

Jan 3, 2020 / Italy
The French-based luxury group acquired a minority stake in the Santa Croce sull'Arno (Florence) tannery Masoni Industria Conciaria SpA stock package. The deal was made through the LVMH division Métiers d' Art

Growth of Brazilian exports driven by US market

Dec 17, 2019 / Brazil
Between January and November this year 104.2 million pairs of shoes were exported by Brazil, resulting in revenue of 886.3 million US dollars. The US market continues to grow

Massimo Piombini leaves Balmain

Dec 5, 2019 / France
The company's CEO has stepped down after two years in the job. A new CEO is expected to join Balmain in February next year

Louis Vuitton buys Tiffany for 16 billion US dollars

Nov 27, 2019 / France
The companies have entered into a definitive agreement whereby LVMH will acquire Tiffany for 135 US dollars per share, resulting in a deal of 14.7 billion euros or 16.2 billion US dollars

Institut Français de la Mode inaugurated IFM - Kering Sustainability Chair

Nov 25, 2019 / France
The event was attended by François-Henri Pinault, Chairman and CEO of Kering and Xavier Romatet, Dean of IFM

Most expensive shopping streets revealed

Nov 15, 2019 / World
According to a recent study by Cushman & Wakefield commercial leases in Causeway Bay in Hong Kong are the most expensive in the world

Marche et démarche, une histoire de la chaussure

Nov 11, 2019 / France
This is the name of a new exhibition by the Musée des Arts Décoratifs in Paris. On display since the 7th of November, the works can be viewed until February 2020

Robust growth for Hermès

Nov 4, 2019 / France
For the third quarter of the current fiscal year Hermès' consolidated revenue totalled 5 012 million euros, up by 16% at current rates. Leather Goods and Saddlery up by 12%

Kering with 14.2% revenue's growth

Oct 30, 2019 / France
The luxury house posted consolidated revenue of 3 884.6 million euros in the third quarter, corresponding to 14.2% growth

Luxury giant LVMH eyed at Tiffany

Oct 29, 2019 / France
French-based luxury goods giant LVMH is aiming to buy Tiffany & Co., the iconic New York jeweller

24 new companies join the Fashion Pact

Oct 29, 2019 / France
Signatory companies of the Fashion Pact have met in Paris for a first working meeting and 24 more companies joined the group

French luxury and fashion sector with recruitment campaign

Oct 21, 2019 / France
The fashion and luxury sector in France is launching a campaign to recruit new professionals for technical positions to preserve its know-how

LVMH with 16% revenue growth

Oct 14, 2019 / France
Moët Hennessy Louis Vuitton, one of the world’s leading luxury products group, recorded a 16% increase in revenue, reaching 38.4 billion euros in the first nine months of 2019

US is the main destination of Brazilian footwear exports

Oct 10, 2019 / Brazil
According to data prepared by the Brazilian Footwear Industries Association (Abicalçados), 9.47 million pairs were shipped in August, 7.4% more than in the same month of 2018

Hermès in expansion mode

Oct 10, 2019 / France
The French-based luxury house announced the creation of a new leather goods workshop straddling the villages of Tournes and Cliron (Ardennes) by 2022
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