Companies
Cambodia: minimum wage for garment and footwear rises
The Cambodian government set a new monthly minimum wage for the country's garment and footwear industries. The minimum remuneration for 2020 will be 190 US dollars, up by 4.4% from the current 182 US dollars
Skechers returns to the London Fashion Week
Skechers returned to Mercedes-Benz London Fashion Week. Male and female models walked the runways in Skechers footwear from a selection of the global brand’s stylish collections
Chilean retailers impacted by fall in Argentine tourism flow
In recent years citizens from Argentina have choosen Chile as a shopping and tourism destination taking advantage of a more open economy on the other side of the border. Now things seem to be changing
Shoe Carnival with new executive appointments
The Indiana-based company announced several executive appointments to support its ongoing customer-centric business transformation and to create a management structure aligned with the its long-term strategic plan
Merrell with new Global Brand President
Wolverine announced the appointment of Chris Hufnagel as Global Brand President of Merrell, the largest brand within its portfolio. A 10-year veteran of Wolverine, Hufnagel most recently served as Global Brand President of Cat Footwear
Dynamic revenue growth at CCC
The Polish-based footwear group announced sales increase of 29% year-over-year in the second quarter of the current financial year
Excellent first half for LVMH
One of the world's leading luxury groups recorded revenue of 25.1 billion euros in the first half of 2019, up by 15%. Organic sales at LVMH grew by 12% compared to similar period in 2018
Sales increase for the German footwear industry
In the first half of 2019 sales in the German footwear industry increased by 2.8%, as the overall sales of footwear manufacturers reached 1.60 billion euros, compared to similar period in 2018
Panorama is moving to Tempelhof Airport
The Berlin-based trade fair is relocating to Tempelhof Airport from January 2020 onwards, together with Selvedge Run
Brazil grows exports to the US
According to Abicalçados 9.47 million pairs of Brazilian shoes were sold abroad in August, 7.4% more than in the same month of 2018. The US is the main destination for Brazilian exports
Consumer prices in Hungary go up by 3.1%
On average in August 2019 consumer prices increased by 3.1%, when compared to similar period a year earlier, according to data released by the Hungarian Central Statistical Office
Consumption: continental convergence still distant
Despite all the movements registered in the international markets in the last few years, perfect convergence between continents' consumption is still distant. Information is from the World Footwear Yearbook 2019
Timberland to plant 50 million trees
The company launched “Nature Needs Heroes”, a campaign to empower global community to be champions for the planet. 50 million trees planned to be planted over the next 5 years-
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Footwear Consumer 2030
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