Companies
An investment year for Capri
The UK-based group has announced first quarter results with total revenue growing by 11.9%. The management of the Capri Holdings reaffirmed this will be the year to invest heavily in the business
Aldo to eliminate single-use shopping bags
The Canada-based group's bagless initiative encourage customers to opt for an eco-designed shoebox. According to Aldo this will allow saving thousands of trees each year
Columbia Sportswear consolidates growth
The US-based sportswear company announced growth of 9% in the second quarter for net sales. The increase in the first half of the year amounted to 8%
VF raises full year outlook
The Colorado-based company reported first quarter results for the period ended on the 29th of June 2019. Management of the company is confident with the rest of the year and raised fiscal 2020 outlook
World Footwear Yearbook 2019: rebalancing Europe and Asia
The World Footwear Yearbook 2019 has been published by APICCAPS and it contains the main highlights of the industry in 2018, which can be immediately incorporated in the strategy of global footwear companies
Lowa acquires Italy’s Riko Sport
The Germany-based sporting goods company has acquired the Italian shoe specialist Riko Sport S.r.l., a core supplier of Lowa’s footwear
Belcinto: lifetime warranty
“If you care, we care” is Belcinto's brand motto and that translates into a guarantee that lasts a lifetime
President Trump announces more tariffs
The announcement was via Twitter yesterday: the US will impose added tariffs of 10% on the remaining 300 billion US dollars in goods from China. This decision can likely include all footwear from China
Global Footwear Industry: Positive Dynamics in 2018
The year 2018 was marked by the positive dynamics initiated in 2017, following two years of stabilization. Footwear production and exports grew by 2.7% and 4.3%, respectively. Data is from the World Footwear Yearbook 2019 now published by APICCAPS
Prada's revenue up by 2%
The Milan-based luxury house present their consolidated financial results for the first semester of 2019 ended on the 30th of June. Small increase in revenue marked the period
New deal between Turkish-based FLO and Nine West
Turkey-based footwear company FLO acquired the licensing rights of fashion brand Nine West. The Turkish press is reporting they will now produce to the local market and take over the Nine West stores as well
Under Armour updates 2019 full year outlook
The Baltimore-based sportswear brand has announced financial results for its second quarter with a 1% rise in sales to 1.2 billion US dollars. Footwear represents roughly a quarter of total revenue
Indian exports reach 5.69 billion US dollars
India’s export of leather and leather products for the last financial year reached 5 691.00 million US dollars, compared to 5 740.97 million US dollars in the previous year. This represents a small decline of 0.87%
Indian Leather industry looking for partnerships in Uganda
A delegation of businessmen from the manufacturing leather industry in India are participating in a trade mission to the African country. CLE is leading the initiative
Kering: strong growth in revenue
The French-based luxury group has announced two digit growth for the first half of the year with 18.8% for year on year revenue growth-
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Footwear Consumer 2030
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