News
Kering reports quarter-on-quarter improvement
The France-based group reported a sequential improvement in its latest quarter, reducing its revenue decline. Gucci also performed slightly better, thanks to stronger momentum in North America and Western Europe
Wales Bonner succeeds Nichanian at the creative helm of Hermès Menswear
Following the announcement of Véronique Nichanian’s departure after 37 years at the luxury group, it was revealed that Grace Wales Bonner would be taking over as Creative Director of Hermès Menswear
Arklyz announces the acquisition of Gabor
The Swiss-based sports and lifestyle group is continuing to expand its portfolio into footwear, having recently announced the acquisition of Gabor. No financial details were released
New Generation: João Marques from Marqsol
João Marques, who has a technology specialisation in management, is the second generation to lead Marqsol, a footwear components company based in Portugal
Stella reports third quarter volume growth on solid sports demand
The Hong Kong-based footwear manufacturer has reported a 7.8% year-on-year increase in footwear shipments in the third quarter of the year, driven by solid sports demand
Lu Hua (CLIA): The Chinese domestic market is an opportunity for all brands
During the last edition of the UITIC Congress, we spoke with Lu Hua, Deputy Secretary General of CLIA, the China Leather Industry Association. A nice conversation about the Chinese footwear industry and the UITIC Congress. Watch it here today
Innovation to take the spotlight at Expo Riva Schuh and Gardabags
As the footwear and accessories industry enters a new phase, Expo Riva Schuh and Gardabags will serve as the global meeting point where technological innovation transforms into commercial opportunity
Designer Brands announces CFO transition
Mark Haley, the company’s Senior Vice President, Controller and Principal Accounting Officer, has been named Interim Principal Financial Officer following the resignation of CFO Jared Poff
UK: Budget anxiety dampens retail spending and footfall
Retail activity in the UK is showing signs of slowing down, with consumer caution ahead of the Autumn Budget dampening spending and footfall in major shopping areas
Los Angeles project turns old shoes into new opportunities for sustainability
The Footwear Collective has partnered with Goodwill SoCal to collect and recycle used shoes. Consumers are invited to donate shoes of any brand or condition as part of this major initiative
European business associations urge EU-Mercosur ratification amid debate
Twenty-six European business associations, including CEC, representing a variety of industries, are calling for the swift ratification of the EU-Mercosur agreement, as the bill has now entered the European Parliament
Global footwear trade: China loses ground, US imports rise in value
Year-to-date Chinese footwear exports are down, while Vietnam and Indonesia have grown. EU exports increased modestly, with Portugal performing better than Spain and Italy. US imports increased in value
AAFA promotes Nate Herman to Executive Vice President
The American Apparel & Footwear Association (AAFA) has promoted Nate Herman to the position of Executive Vice President. He has previously served as Senior Vice President of Policy
Fashion falters as LVMH returns to growth in the third quarter
The France-based luxury group reported 1% year-on-year growth in the third quarter, with improvements across all business segments. However, the fashion & leather goods segment continues to falter
Vapesol to invest 1.5 million euros in a production facility for SBR rubber soles
An investment of 1.5 million euros in the creation of a production facility will enable the Portuguese manufacturer of footwear soles to produce 5,000 pairs of SBR rubber soles per day
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