News
US loses 140 000 jobs in first monthly loss since Spring
The unemployment rate stayed at 6.7%, the first time it hasn't fallen since April. The last month of 2020 was marked by a loss of 140 000 jobs. This was the first monthly loss since the Spring, when the outbreak of the COVID-19 first took place
JD Sports buys menswear retailer Wellgosh
The British sports-fashion retailer JD Sports acquired the Leicester-based menswear retailer Wellgosh. The financial terms of the transaction were not disclosed yet
Rimowa with new CEO
LVMH Moët Hennessy Louis Vuitton has named Hugues Bonnet-Masimbert the new Chairman and Chief Executive Officer of Rimowa
Denmark: all trade show activity suspended. CIFF goes digital
The Danish government’s extension of existing regulations and increasing COVID-19 restrictions results in all Danish trade show activity has been suspended until the 28th of February 2021. CIFF will be a digital event
EU-UK deal: how can leather goods benefit from duties exemption?
The EU-UK agreement has set zero taxes on goods traded between the two parts. However, rules have been set to benefit from the exemption of duties. How can leather goods benefit from zero tariffs?
How can footwear benefit from zero duties under the EU-UK deal?
The European Union and the UK have reached an agreement to frame the way both parts will live, work and trade together post-Brexit. There will be no taxes on goods originating from the UK or the EU and traded between both parts. However, how can footwear benefit from the exemption of duties?
Steve Madden appoints María Teresa Kumar to its Board of Directors
The US-based designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children announced that María Teresa Kumar has joined the Board of Directors. Ms. Kumar’s appointment expands the Board to ten Directors
LVMH completes the acquisition of Tiffany & Co.
The luxury group announced that it has completed the acquisition of Tiffany & Co., the global luxury jeweller. The acquisition of this iconic US jeweller will transform LVMH’s Watches & Jewellery division and complement LVMH’s 75 distinguished Maisons
England with new general confinement
The country is going into lockdown to try to avoid further pressure to an NHS already challenging its limits. This is the third confinement since the outbreak of COVID-19 back in March 2020. Northern Ireland, Scotland and Wales are also implementing similar measures
Confinement in the UK: What are the restrictions in Scotland?
Scotland has its own restriction levels ranging from zero to four. From midnight on the 4th of January, the mainland will move to "enhanced level four restrictions" until at least the end of the month. The islands will stay in tier three
Wolverine enters 2021 with 2 exec moves
Following up from Mike Jeppesen retirement, Jim Zwiers steps into the role as President, Global Operations Group. Matt Blonder takes on the eCommerce leadership position
Wales and Northern Ireland in lockdown
As England enters a new total confinement today and Scotland has moved into “enhanced level four restrictions" from midnight on the 4th of January, Wales and Northern Ireland also apply new restrictions
Portuguese Shoes: Keep on Dreaming
The Portuguese Footwear Association has launched a new promotional video presenting the competitive arguments of the Portuguese footwear industry. Check it out here
EU-UK deal: how it will work for footwear?
The big news on Christmas eve was the announcement of the much-expected deal between the European Union and the UK, which will frame the way both parts live, work and trade together post-Brexit. Today we focus on the aspects concerning footwear trade
Zimbabwe: leather industry calls for Government support
The National Leather Working Group has asked the local Government to intervene on the duty structure for components used in the industry which are usually imported. High fees on chemicals, equipment and other manufacturing inputs are too high, they claim
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