Italy

Ferragamo: Leonardo succeeds brother Ferruccio as President

Apr 7, 2021 / Italy

The Italian luxury brand confirmed Micaela le Divelec Lemmi and Michele Norsa will remain, respectively, Managing Director (CEO) and Executive Vice President. Ferruccio Ferragamo, on the other hand, is giving the role of Non-Executive Chairman to his brother Leonardo

Companies Ferragamo Footwear Italy Luxury Management People

UNIC issues warning over raw materials price increases

Apr 7, 2021 / Italy

According to publication ILM, the Italian Tanners Association (UNIC) is concerned over the potential increases in the prices of materials for the industry

Companies Components Coronavirus - Covid19 Footwear Footwear Components Italy Prices

Italy's fashion industry asks authorities for clear decisions

Apr 1, 2021 / Italy

A statement was issued by some of the most important fashion entities of the country. They argue that trade fairs are an essential asset for SME’s and industry in Italy, and starting them up again would be an important trigger for recovery of the national economy

Companies Coronavirus - Covid19 Events Exhibition Fashion Footwear Italy Lineapelle Micam Shoes Trade fairs

Appointed President of the III IULTCS EuroCongress Vicenza 2022

Mar 27, 2021 / Italy

Dr. Giancarlo Lovato has been elected as President of the Organizing Committee of the III IULTCS EuroCongress Vicenza 2022 by the Board of Directors at The Italian Leather Chemists Association (AICC)

Events Italy Leather Organisations

Kering sponsors renovation of the courtyard of the Palazzo Vecchio in Florence

Mar 19, 2021 / Italy

The France-based holding company Kering is sponsoring the renovation of the Michelozzo courtyard of the Palazzo Vecchio in Florence, an important symbol of the Renaissance capital

Brands Community Companies Footwear Italy Kering Leather goods

Italian leather industry down by 26% in 2020

Mar 17, 2021 / Italy

Taking the hit of the dissemination of the COVID-19 pandemic, the leather industry in Italy registered a decline in revenue of 26%. Exports were down by 27%

Consumption Coronavirus - Covid19 Exports International Trade Italy Leather Sales

Prada: 24% drop in revenue and 200% growth in the online business

Mar 16, 2021 / Italy

Total net sales for the twelve months ended on the 31st of December 2020 totaled 2.39 billion euros, down by 23.6% at constant exchange rates (down by 24.9% at current exchange rates) compared with approximately 3.18 billion euros in 2019

Brands Companies Coronavirus - Covid19 Fashion Footwear Italy Luxury Prada Quarter Results Results

Ferragamo's revenue down by 33.5% in 2020

Mar 15, 2021 / Italy

The Italian luxury house reported sales of 916 million euros in fiscal 2020, down by 33.5%. Salvatore Ferragamo announced it had suffered a net loss of 72 million euros in 2020, in an economic context highly affected by the COVID-19 pandemic

Brands Companies Coronavirus - Covid19 Fashion Ferragamo Italy Luxury Sales Shoes

Online footwear sales reach 21.4% share in Italy

Mar 12, 2021 / Italy

Assocalzaturifici, the Italian Footwear Manufacturers' Association, announced the results for 2020. After bringing the overall analysis yesterday, on production, exports and consumption, today we focus on the behaviours of online sales

Companies Consumption Coronavirus - Covid19 ecommerce Footwear Italy Online Retail Sales Shoes

Italy with sharp fall in turnover, production and exports in 2020

Mar 11, 2021 / Italy

The COVID-19 pandemic has hit the Italian footwear industry hard, with double-digit reductions across all the main variables, according to Assocalzaturifici, the Italian Footwear Manufacturers' Association

Companies Coronavirus - Covid19 ecommerce Exports Footwear International Trade Italy Results Shoes

Vestiaire Collective: financing round backed by Kering and Tiger Global Management

Mar 10, 2021 / France

The second-hand fashion platform announced the completion of a new 178 million euros financing round, backed by global French luxury group Kering and US investment firm Tiger Global Management

Brands Companies Fashion Footwear France Investment Italy Kering Luxury Pre-Owned Second-hand United States

MICAMX and MICAM Milano Digital kick off

Mar 10, 2021 / Italy

From the 8th of March up to the 8th of May, the MICAM Milano Digital Show will be open for business. The show presents new products for Autumn/Winter 21/22 and the in-season Spring/Summer 2021 collections with the registered buyers meeting more than 100 brands

Companies Events Footwear Italy Micam Shoes Trade fairs

Micam in extended online version

Feb 23, 2021 / Italy

After having cancelled the physical edition, the Italian footwear trade show is having a digital version, running for three months. From the 8th of March to the 8th of May, the Micam Milano Digital Show will welcome exhibitors and visitors in a digital format

Brands Companies Coronavirus - Covid19 Events Footwear Italy Micam

Tod's closes the year with sales down by 30.4%

Feb 19, 2021 / Italy

In fiscal year 2020, Tod's consolidated sales totaled 637.2 million euros, down by 30.4% from 2019. In the fourth quarter of 2020, sales amounted to 184.5 million euros, down by 22.6%. China is already growing in double digits

Accessories Brands Companies Coronavirus - Covid19 Fashion Footwear Italy Leather goods Luxury Retail Shoes Tods

Prada with recovery in December to 2019 levels

Feb 16, 2021 / Italy

The Italian luxury group has announced progressive volume recovery in all geographical areas, with marked revenue growth in Asia Pacific. Prada also confirmed a full recovery to 2019 levels in the month of December

Accessories Brands Companies Footwear Italy Leather Luxury Results

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