Strict lockdown measures to suppress Vietnam’s outbreak of COVID-19 threatens to lead to a decline in footwear exports in the second half of 2021. Companies such as Nike are already facing supply chain disruptions
The retailer has entered into a definitive agreement to acquire Text Trading Company, K.K., which owns and licenses the atmos brand, a digitally led, premium, global retailer headquartered in Japan
The French-based luxury group announced results for the first half of 2021. Revenue for the period exceeded the levels recorded in 2019, indicating a strong rebound for the Kering group
In 2020 footwear production and exports fell by 15.8% and 19% respectively. Data are taken from the World Footwear 2021 Yearbook just released by APICCAPS, the Portuguese Footwear Association. Previous forecasts were gloomier, and the World Footwear Experts Panel had pointed to a drop in global footwear consumption in 2020 of more than 20%. Final numbers for 2020 in the developed countries of Europe and North America are in line with such expectations. However, Asia and less developed countries outperformed expectations thus supporting a lower plunge in the global footwear industry
The latest quarterly consumer tracker by Deloitte reported the highest consumer confidence since the end of 2019. Results are attributed to Governmental measures and success of the vaccination process
The New York-based designer and marketer of footwear, accessories and apparel for women, men and children announced financial results for the second quarter ended on the 30th of June 2021
In order to allow greater international participation, the management of APLF and its sister Hong Kong events has taken the decision to reschedule the events to 2020, from the 30th of March to the 1st April
The two brands collaborated on a limited-edition collection of footwear inspired by the late Japanese designer Kansai Yamamoto. It was launched on the first anniversary of his passing, on the 21st of July
The US-based brand of casual footwear reaffirms its momentum with record second quarter revenues of 640.8 million US dollars, despite supply chain disruptions. Revenue growth was strong across all regions
Unaudited consolidated revenue increased by approximately 58.1% to 392.1 million US dollars for the three months ended on the 30th of June 2021 and increased by 36.1% to 695.5 million US dollars for the six months ended on the same day
The increase in revenue has been achieved despite the permanence, in some countries, of lockdowns and bans driven by COVID-19. On the 30th of June 2021, Ferragamo was operating with 53% of retail stores at full capacity
The US-based brand known for its casual clogs says it will address the entire value chain with a strategic focus on sustainable ingredients, packaging, product afterlife and resource use
2 700 visitors from 79 different countries and 406 exhibiting companies marked the 3 days of the Riva del Garda trade fair, in its return to an onsite event
The Germany-based sportswear giant has announced currency-adjusted sales in the second quarter of 2021 increasing by 96% to 1 589 million euros. This compares to 831 million euros in similar period in 2020
This is how Ulrike Kähler, Managing Director of Igedo Company and Gallery Project Director, opened the preview of the upcoming Gallery SHOES & Fashion, taking place from the 29th to the 31st of August 2021 at the Areal Böhler in Düsseldorf