World Footwear

Companies

Global Footwear Industry: Positive Dynamics in 2018

Aug 1, 2019 / World Footwear Yearbook
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%

Aug 1, 2019 / Italy
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

Jul 31, 2019 / Turkey
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

Jul 31, 2019 / United States
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

Jul 30, 2019 / India
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

Jul 29, 2019 / 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

Jul 29, 2019 / France
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

Caleres is relaunching and rebranding Zodiac Footwear

Jul 29, 2019 / United States
Acquired by Caleres in 2005, the new Zodiac collection has undergone a contemporary transformation, blending the past with the present. Caleres aims to keep the brand true to its bohemian and western-inspired roots

Sonia Rykiel faces liquidation

Jul 26, 2019 / France
After a restructuring process the company elected no winning bid and is now facing liquidation and will now work to close stores around the world

Nike considers sale of Hurley brand

Jul 26, 2019 / United States
One of the word's largest sportswear is exploring options for surf wear brand Hurley, part of its portfolio since 2002. Sale is amongst the options

Alpargatas downsizes business in Argentina

Jul 25, 2019 / Argentina
The Brazil-based footwear manufacturer sold its operations in Argentina. The amount of the deal should amount to roughly 3.3 million euros (14 million Brazilian reais)

China's GDP growth slows to 27-years low

Jul 24, 2019 / China
The economic growth of the Asian giant slowed to 6.2% in the second quarter of the fiscal year, reflecting the weakest pace in the last decades. The US-China trade war is starting to pressure economic growth, analysts say

Manolo Blahnik buys footwear manufacturer

Jul 24, 2019 / Spain
Luxury footwear designer Manolo Blahnik bought Calzaturificio Re Marcello, founded in 1938 and located in Vigevano (province of Pavia). The company has been manufacturing shoes for Manolo Blahnik since 1990

Hermès: Asia continues to drive sales growth

Jul 24, 2019 / France
The Paris-based luxury group confirmed its strong sales momentum over the first half of 2019 reporting 12% growth at constant exchange rates and 15 % at current exchange rates

Heitor Klein (ABICALÇADOS): EU-Mercosur brings challenges but will result in gains for all

Premium ContentJul 22, 2019 / Brazil
The words are from Heitor Klein, the man who headed Abicalçados in the last 6 years. As Klein prepares to step down from the Presidency, we took the opportunity to discuss the main trends of the footwear industry and bring you the highlights of that conversation today
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