News
Retail in Europe takes a big hit in 2020
In a year marked by a global pandemic, words like lockdowns, quarantines, waves of COVID-19, closed retail and restrictions became way too familiar to all of us. Retail was one of the industries with major impacts. Today we look at the numbers for European countries
Fila chooses Portugal for first own store in Europe
As the country reopened all stores and shopping centers, Fila opened in Portugal its first own name store in Europe. The store is located at Freeport Lisboa Fashion Outlet, in Alcochete (Lisbon)
Dependence on FDI of Vietnam exports raises worries
In the first quarter of the year, the country reached an estimated export turnover of 77.34 billion US dollars, an increase of 22% from the first quarter of 2020. The FDI sector accounted for 76.3%
JD Sports Fashion with robust results
The UK-based retail group reported a set of good results for the fiscal year ended on the 30th of January 2021, despite the impact of the pandemic and Brexit
Two digits monthly increase for Yue Yuen' sales
The Chinese footwear giant has announced two digits increase in sales registered in the month of March 2021. The first quarter of the new fiscal year also marked by recovery
New business update from 361 Degrees
The Board of the Hong Kong based footwear company has provided an operational update for its business segments in regards to the group's business for the first quarter of 2021
How COVID-19 is impacting the footwear industry in Agra
The local footwear industry had hoped that the pandemic would lose momentum and the expectation was for some recovery in 2021. However, a new pandemic wave is bringing added uncertainty back to the equation
Can the industry be an art form?
Watch the new video of the Portuguese Shoes 2021 campaign. According to APICCAPS, the Portuguese Footwear Association, after a year of pandemic, lockdowns and restrictions, it is time to stretch the legs, and run, dance and jump into the air to gain perspective
Expo Riva Schuh announces new dates in July
The 95th edition of Expo Riva Schuh and the 6th edition of Gardabags, dedicated to the 2022 Spring/Summer collections will take place at the Riva del Garda Exhibition Centre from 18th to 20th July, a month later than the normal summer edition
Steve Madden acquires remaining share of European joint venture
The US-based designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children, announced that it has completed the acquisition of the 49.9% share that it did not already own of its European joint venture
adidas unveils the Stan Smith mylo made with mushroom-grown materials
The Germany-based sporstwear giant has annouced its Stan Smith Mylo, the first shoe to be made using Mylo: a new mushroom-based material innovation that "looks and feels like leather"
Italy: expectation is for trade fairs to restart from July onwards
According to Italy’s Industry Minister Giancarlo Giorgetti trade shows should resume its activity in July. The events have been suspended due to the COVID-19 pandemic
UK Retail: Christmas upsurge turns into big new dip at the beginning of 2021
As a new wave of COVID-19 struck the UK and a new confinement hit the country after the New Year, retail sales of footwear slowed down again. One interesting fact comes from the indicator of consumer confidence, which is now increasing for two succeeding months. If vaccination in the UK succeeds, footwear sales decline might not persist. The question is what the impact will be for brick and mortar, as this virus seems to have been fatal for many high street players
Digital Communication and Sustainability: the two priorities for post-COVID investment
In the latest edition of the World Footwear Business Conditions Survey, we questioned our panel members about the investment priorities footwear companies will be focusing in the post pandemic world
Under Armour announces commitments to tackle climate change
The US-based sportswear brand Under Armour has committed to using 100% renewable energy use in owned and operated facilities by 2030 and to achieve net zero greenhouse gas emissions by 2050
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