World Footwear

Italy

Tod's shares spike

Dec 24, 2018 / Italy
Regulatory documents indicate that a holding linked to Chairman Diego Della Valle have committed to buy up to 5% of the luxury group's shares. As a result Tod's shares value immediately increased

Diesel founder interested in Roberto Cavalli

Dec 19, 2018 / Italy
Entrepreneur Renzo Rosso is reportedly interested in acquiring the Italian luxury label through his OTB holding company. He is one the founders of Diesel, the Italian retail company with headquarters in Breganze

Lineapelle with more overseas visitors

Oct 9, 2018 / Italy
The 95th edition of Lineapelle, presenting the Autumn/Winter 2019/2020, was held at Fieramilano Rho from the 25th to the 27th of September

Sales impacted by currencies fluctuations at Tod's

Oct 4, 2018 / Italy
In the first half of 2018, consolidated sales were 491.9 million euros, up by 1.8% from the first semester in 2017, at constant exchange rates. Revenue has been hugely affected by currencies fluctuations

Michael Kors acquires Versace

Sep 26, 2018 / United Kingdom
The London-based fashion luxury group announced a definitive agreement to acquire all of the outstanding shares of Italian luxury fashion house Gianni Versace for a total value of 1.83 billion euros. Holdings Limited will be renamed to Capri Holdings Limited

Declining sales for Geox

Sep 25, 2018 / Italy
In the first half of 2018, the Italian-based brand Geox achieved revenue of 414 million euros, a decrease of 8.2% compared to the same period last year. Sales in Europe accounted for almost 75% of the total. However, this represents a decline of 9.5% year on year

Micam closes its 86th edition

Sep 20, 2018 / Italy
Positive atmosphere at the latest edition of the Milan-based trade fair. Number of visitors has increased slightly compared to the previous edition

86th edition of Micam kicks off

Sep 16, 2018 / Italy
The footwear world is getting together at Fiera Milano for four days for the traditional autumn appointment with MICAM, an event promoted by Assocalzaturifici, now in its 86th edition

Crocs to outsource all manufacturing

Sep 10, 2018 / United States
The US-based company famous for its clogs, has announced it is closing its last facility and going forward will outsorce all production

Ferragamo revenue continues to decline

Aug 9, 2018 / Italy
The Italy-based luxury brand Salvatore Ferragamo has announced another quarter with declining revenue. The Board of Directors gathered to approve the set of results for the period and announced a new CEO for the company

Micam goes to South East Asia

Jul 18, 2018 / Italy
The aim of Assocalzaturifici’s promotional roadshow is to present the 86th edition of MICAM, to be held at the Fiera Milano (Rho) from the 16th to the 19th September 2018. The roadshow will tour the nations of the South East Asian Association

Expo Riva Shuch celebrates its 90th edition

Jul 11, 2018 / Italy
From the 16th to the 19th of June the 90th edition of Expo Riva Schuh took place in Riva del Garda. This year’s summer edition of the trade fair was also marked by the first edition of Gardabags, the new event for accessories

Tod's revenue down, but in line with expectations

Jul 3, 2018 / Italy
The Italy-based company is implementing a series of new initiatives to re-structure its activities. The impact is still to be felt and revenue in Q1 was down by 5.2%. Despite that, results were in line with the expected

Trade in fake Italian goods costs economy billions of euros

Jun 29, 2018 / Italy
Global trade in fake Italian goods such as luxury handbags, watches, foodstuffs and car parts is taking a bite out of Italy’s economy equivalent to around 1-2% of GDP in terms of lost sales, according to a new OECD report

Gucci unveils artlab for leather goods and footwear

Jun 18, 2018 / Italy
Gucci has officially unveiled the Gucci ArtLab, a 37 000-square-meter hub for excellence and innovation. This “laboratory of creativity” is located in Scandicci, near Florence and the historical HQ of the brand in Casellina
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