World Footwear

News

Steve Madden appoints María Teresa Kumar to its Board of Directors

Jan 7, 2021 / United States
The US-based designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children announced that María Teresa Kumar has joined the Board of Directors. Ms. Kumar’s appointment expands the Board to ten Directors

LVMH completes the acquisition of Tiffany & Co.

Jan 7, 2021 / France
The luxury group announced that it has completed the acquisition of Tiffany & Co., the global luxury jeweller. The acquisition of this iconic US jeweller will transform LVMH’s Watches & Jewellery division and complement LVMH’s 75 distinguished Maisons

England with new general confinement

Jan 6, 2021 / England
The country is going into lockdown to try to avoid further pressure to an NHS already challenging its limits. This is the third confinement since the outbreak of COVID-19 back in March 2020. Northern Ireland, Scotland and Wales are also implementing similar measures

Confinement in the UK: What are the restrictions in Scotland?

Jan 6, 2021 / Scotland
Scotland has its own restriction levels ranging from zero to four. From midnight on the 4th of January, the mainland will move to "enhanced level four restrictions" until at least the end of the month. The islands will stay in tier three

Wales and Northern Ireland in lockdown

Jan 6, 2021 / United Kingdom
As England enters a new total confinement today and Scotland has moved into “enhanced level four restrictions" from midnight on the 4th of January, Wales and Northern Ireland also apply new restrictions

Wolverine enters 2021 with 2 exec moves

Jan 6, 2021 / United States
Following up from Mike Jeppesen retirement, Jim Zwiers steps into the role as President, Global Operations Group. Matt Blonder takes on the eCommerce leadership position

Portuguese Shoes: Keep on Dreaming

Jan 5, 2021 / Portugal
The Portuguese Footwear Association has launched a new promotional video presenting the competitive arguments of the Portuguese footwear industry. Check it out here

EU-UK deal: how it will work for footwear?

The big news on Christmas eve was the announcement of the much-expected deal between the European Union and the UK, which will frame the way both parts live, work and trade together post-Brexit. Today we focus on the aspects concerning footwear trade

Zimbabwe: leather industry calls for Government support

Jan 5, 2021 / Zimbabwe
The National Leather Working Group has asked the local Government to intervene on the duty structure for components used in the industry which are usually imported. High fees on chemicals, equipment and other manufacturing inputs are too high, they claim

India: total exports drop by 0.8%

Jan 5, 2021 / India
The country's exports declined marginally by 0.8% to 26.89 billion US dollars in December 2020, due to the contraction registered in sectors like petroleum, leather and marine products, according to preliminary data released by the Ministry of Commerce and Industry

adidas: more than 60% of products will be made with sustainable materials in 2021

Jan 4, 2021 / United States
Ranging from football jerseys made with recycled polyester to the vegan version of the iconic Stan Smith – in 2021, for the first time, more than 60% of all adidas products will be made with sustainable materials

UK: 177 000 retail jobs lost in 2020

Jan 4, 2021 / United Kingdom
The Centre for Retail Research found that a total of 176 718 retail jobs were lost in 2020. The same source is predicting a loss of an additional 200 000 jobs in 2021

Italian footwear exports fall by 20%

Jan 4, 2021 / Italy
In the first nine months of 2020 the Italian footwear industry saw a drop in production (-29.4%) and in sales (-33.1%). According to Assocalzaturifici Chair Siro Badon the timid return to normality was impacted by the second wave of the pandemic in the country

JCPenney starts search for new CEO

Dec 31, 2020 / United States
JC Penney’s CEO Jill Soltau is exiting the company a month after the retailer emerged from bankruptcy proceedings through a sale to Simon Property Group and Brookfield Asset Management

Mada: meet Tinder for clothing

Dec 24, 2020 / United States
Madison Semarjian was a college freshman when she had the idea of creating a Tinder like app for clothing. The idea was to use AI to learn her personal style and then pull together outfits from a wide range of retailers
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