Italy
A record-breaking 50th edition for SIMAC Tanning Tech
SIMAC Tanning Tech, the Italian exhibition of machinery and technology for the footwear, leather goods and tanning industries, attracted more than 9,000 visitors at its 50th edition
Geox shuts down its New York office as part of a strategic review
The Italian-based footwear brand has confirmed the closure of its NYC office, signalling a shift in its US business strategy after a 13.7% fall in North American revenue in the first half of 2024
Tod’s Group appoints John Galantic as its new Chief Executive Officer
The Italian-based luxury group has appointed John Galantic, former Chanel's senior executive, as its new Chief Executive Officer. This decision follows the privatisation agreement in June
Attendance at Lineapelle falls amid macroeconomic uncertainty
In a context continuing macroeconomic headwinds, the last edition of Lineapelle focused on innovation and attracted 23,800 industry professionals, slightly less than in February
MICAM and its sisters fairs attracted 40,950 trade visitors
MICAM Milano, Milano Fashion&Jewels, MIPEL and The One Milano closed with 40,950 trade visitors, 45% of whom came from 140 foreign countries, in line with the previous edition
Italian footwear sector hits the brakes in the first half of the year
The latest snapshot from the Confindustria Accessori Moda Research Centre for Assocalzaturifici shows that the footwear sector saw its turnover, exports and production fall in the first half
Milan Fairs to return under the motto Legacy of Style
MICAM Milano, Milano Fashion&Jewels, MIPEL, The One Milano, Lineapelle and Simac Tanning Tech will return to Fiera Milano Rho from the 14th of September under the same “Legacy of Style” motto
Strong first half for Golden Goose
The Italian-based luxury sneaker company has reported a strong first half performance, driven by continued growth in the DTC channel, particularly in EMEA and the Americas regions
Giorgio Possagno is the new General Manager of Assocalzaturifici
The Italian Footwear Manufacturers’ Association (Assocalzaturifici) has unanimously appointed Giorgio Possagno as its new General Manager. He joins the association from Veronafiere S.p.A
Geox sales down in the first half
In line with the start of the year, Geox has reported a 9.4% decline in first half sales, on a comparable basis to the same period of last year, as the wholesale channel continues to struggle in most of its markets
Ferragamo first half profits plunge
The Italian luxury group has reported another weak quarterly performance. Both Ferragamo’s operating profit and net profit in the first half of the year fell by 41% and 71%, respectively
Prada reports strong first half
In a challenging macroeconomic environment, the Italy-based luxury group has reported a 17% first half revenue growth as compared to the same period of last year. Miu Miu continues to shine
Diadora appoints new USA Chief Marketing Officer
The Italian-based sporting goods manufacturer has appointed Ryan Eckel, former brand president of running brand Tracksmith, as its next USA Chief Marketing Officer
Low expectations for a recovery in the Italian luxury sector
There are no signs that the downturn in the luxury sector is over, says the Confindustria Moda. Only 1 in 10 entrepreneurs expects an improvement in the second quarter of the year
A negative start to the year 2024 for Italian footwear
In the first quarter of the year, the Italian footwear industry recorded “significant setbacks in all economic indicators”, including exports and turnover. More than 80% of entrepreneurs do not expect an improvement before 2025-
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