Italy
Lineapelle returns to physical format
In September, Milan will once again be the gathering location of the footwear industry. From the 22nd to the 24th of September, with the dates close to the Micam edition, Fiera Milano receives Lineapelle
Micam to be held in person once again
The International Footwear Exhibition is coming up with new in person dates from the 19th to the 21st of September, at Fiera Milano Rho, in Milan (Italy)
Italy talks about tentative recovery for exports in the first quarter
According to data by Confindustria Moda Research Centre for Assocalzaturifici. The footwear industry in Italy raised exports, in value terms, by 3% in the first quarter of the current year. These are still quite below pre-COVID levels, the Italian Association underlines
Gucci is in the race for new materials
The Italian-based fashion brand is launching vegan versions of its New Ace and Rhyton sneakers made with an innovative raw material, alternative to leather. The material, called Demetra in reference to the Greek goddess of agriculture, is vegan and largely plant-based
Virtual Gucci bag sold by more than 4.000 US dollars
The item was sold on Roblox, a video game platform and it cannot be used outside it. The Gucci Dionysus bag is not interchangeable and was more expensive than an original similar physical bag
Fosun Fashion Group to acquire Italian shoemaker Sergio Rossi
The global luxury fashion group FFG based in China announced it has signed an agreement to acquire 100% of Italian luxury footwear brand Sergio Rossi from Absolute Luxury Holding S.r.l., an independently-managed investment subsidiary of Investindustrial V L.P.
Sales bounce back at Tod's
Triple-digit growth in China, strong ecommerce and a good performance of the Roger Vivier brand have helped the Italy-based fashion group Tod’s to bounce back to grow by 17% at current rates in the first quarter (+18.8% at constant rates)
Micam to return to physical format in September
After the Government has announced the easing of the restrictions in place and as physical trade fair events are again allowed in Italy, Micam has announced the dates for its next edition. The footwear industry will gather in Milan from the 19th to the 21st of September 2021
Prada: improvement in retail sales in the second half of 2020
The luxury group has reported progressive improvement in retail sales fuelled by growth in local consumption in the second half of 2020 (all geographies). December Retail trend were above 2019 level, despite a second wave of lockdown, particularly in Europe. Prada also noted a sharp acceleration in online sales
The return of the fashion weeks and Pitti Uomo
Following the decision of the Italian government to authorize international events and fashion shows in physical format, the Italian fashion authorities confirmed their upcoming editions. London, Milan and Paris fashion weeks return in June, as does the physical edition of Pitti Uomo
Pitti Immagine Uomo: organizers consider holding physical fair in July
According to what is being reported by fashionnetwork.com, the second all-digital edition of the famous menswear fair reported a substantial increase in online traffic. As a result, organizers are considering holding a physical edition in July
Italian and Spanish footwear risk additional taxes in the US market
The Digital Services Taxes (DST) and the reaction of the US with the threat to implement tariffs to products coming from 6 US trading partners are the hot topic at the moment in the footwear industry. Today we look into what that means for Italy and Spain
Matt Priest: we are 100% against the duties
We spoke with the President & CEO of the Footwear Distributors & Retailers of America to go over the topic of the moment: the US threat of duties on footwear imported from Spain, Italy and the UK
What are the Digital Services Taxes?
Recently, there has been increasing concerns regarding the fact that the existing international tax system is not accommodating the digitization of the economy, as multinationals generally pay corporate income tax where production takes place, and the location of consumers is not taken into the equation
Fila chooses Portugal for first own store in Europe
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)-
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