World Footwear

News

Increase in the minimum wage for Bangladesh’s leather and footwear

Sep 23, 2020 / Bangladesh
According to The Financial Express, the government has fixed the minimum monthly wage for workers of the leather goods and footwear sector at 7 100 Bangladeshi taka

Vietnam almost doubled its market share over the last decade

While China's market share has been steadily declining over the last decade, Vietnam, the second largest exporter, is moving in the opposite direction. Read these and many other relevant facts on the World Footwear 2020 Yearbook

Prada reports sales in China far exceeding 2019 levels

Sep 21, 2020 / China
Sales by the Italian luxury goods group have rebounded strongly in China since the stores reopened and, to date, have recorded higher levels than last year, as reported to Reuters by Prada's Chief Executive Officer, Patrizio Bertelli

Maison Margiela and Reebok in multi season partnership

Sep 21, 2020 / France
The Paris-based luxury house and the sports giant, owned by adidas, have entered into a partnership, which will focus on expanding the limits of footwear, inspired by our collaboration dedicated to experimental and progressive craftsmanship

Obuv Rossii Group revenue down by 26.4%

Sep 21, 2020 / Russian Federation
The group's unaudited consolidated revenue decreased by 26.4% in the first half of the current fiscal year, reflecting the reduction in revenue during the lockdown period.

Micam kick-starts today

Sep 20, 2020 / Italy
Micam, which starts today, is celebrating its ninetieth edition. We can only grow by changing: so Micam is looking to the future, said Assocalzaturifici and Micam Chair, Siro Badon

CEO of Roberto Cavalli to leave company

Sep 18, 2020 / Italy
Gian Giacomo Ferraris, Roberto Cavalli's CEO, is exiting his role at the end of the year. Previously, Ferraris worked for Versace and has joined Roberto Cavalli as CEO in 2016

Back to the Fair: Simac Tanning Tech confirmed to 2021

Sep 18, 2020 / Italy
Back to the Fair is the motto of the next Simac Tanning Tech, which will take place at Fiera Milano Rho from the 24th to the 26th of February 2021

Nicolas Kirkwood to become independent from LVMH

Sep 18, 2020 / France
The British-based footwear designer and the French luxury conglomerate LVMH will go separate paths going forward. LVMH acquired the Nicolas Kirkwood label in 2013

South Africa committed to reviving leather and footwear

Sep 17, 2020 / South Africa
The government of the African country has named leather and footwear as one of the sectors to focus on during the COVID-19 pandemic

Cyprus: consumers spending is more careful

Sep 17, 2020 / Cyprus
According to the Cyprus Consumers’ Association the Cypriots appear to be choosing their purchases more carefully as the COVID-19 impacted our lives

Cotance: Andreas Kindermann re-elected as President

Sep 17, 2020 / European Union
The General Assembly held on the 7th of September re-elected Mr Andreas Kindermann as President of Cotance and will continue to lead Europe’s Leather industry

Portuguese Raw Material

Sep 16, 2020 / Portugal
All the brands presented today have a common denominator: they are created, designed and managed by passionate people who see the brand as an opportunity to grow, transform and overcome challenges

Ferragamo with declining revenue

Sep 16, 2020 / Italy
As of the 30th of June 2020 the Salvatore Ferragamo Group reported total revenue of 377 million euros down by 46.6% at current exchange rates (-46.9% at constant exchange rates), which compares to 705 million euros in the first half of 2019

Bangladesh’s leather exports down by double digits

Sep 16, 2020 / Bangladesh
Total exports of the leather industry in Bangladesh in the first two months of the current fiscal year were on red, declining by 16.54% compared to the previous year. Exports of other footwear increased by 28.32%
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