News
Suppliers of the footwear sector in Mexico focus on the Industry 4.0
Members of APIMEX, the National Association of Suppliers for the Footwear Industry are gathering in Puerto Vallarta until the 30th of September to discuss the development of the footwear, textile and clothing sector in Mexico
Double-digit growth for Nike's revenue
The Oregon-based sportswear giant has announced results for the fourth quarter and fiscal 2018. Revenue grew by 13% in the last quarter pf the year. Year closed with a 6% increase in revenue
Michael Kors acquires Versace
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
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
Bangladesh: leather footwear industry exceeds target
Despite a poor performance for the overall leather industry in the first two months of the new financial year, exports of leather footwear exceeded the target set for the period
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