World Footwear

Shoes

Brazilian-based Beira Rio to set up factory in Argentina

Apr 22, 2021 / Argentina
One of the largest footwear manufacturers in Brazil, Calçados Beira Rio, S.A., plans to install a footwear factory in Argentina. The aim is to produce three million pairs per year

Dependence on FDI of Vietnam exports raises worries

Apr 21, 2021 / Vietnam
In the first quarter of the year, the country reached an estimated export turnover of 77.34 billion US dollars, an increase of 22% from the first quarter of 2020. The FDI sector accounted for 76.3%

Fila chooses Portugal for first own store in Europe

Apr 21, 2021 / Italy
As the country reopened all stores and shopping centers, Fila opened in Portugal its first own name store in Europe. The store is located at Freeport Lisboa Fashion Outlet, in Alcochete (Lisbon)

Can the industry be an art form?

Apr 20, 2021 / Portugal
Watch the new video of the Portuguese Shoes 2021 campaign. According to APICCAPS, the Portuguese Footwear Association, after a year of pandemic, lockdowns and restrictions, it is time to stretch the legs, and run, dance and jump into the air to gain perspective

New business update from 361 Degrees

Apr 20, 2021 / Hong Kong
The Board of the Hong Kong based footwear company has provided an operational update for its business segments in regards to the group's business for the first quarter of 2021

Steve Madden acquires remaining share of European joint venture

Apr 19, 2021 / United States
The US-based designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children, announced that it has completed the acquisition of the 49.9% share that it did not already own of its European joint venture

Italy: expectation is for trade fairs to restart from July onwards

Apr 19, 2021 / Italy
According to Italy’s Industry Minister Giancarlo Giorgetti trade shows should resume its activity in July. The events have been suspended due to the COVID-19 pandemic

adidas unveils the Stan Smith mylo made with mushroom-grown materials

Apr 19, 2021 / Germany
The Germany-based sporstwear giant has annouced its Stan Smith Mylo, the first shoe to be made using Mylo: a new mushroom-based material innovation that "looks and feels like leather"

US: threat of new tariffs in response to digital taxes

Apr 16, 2021 / United States
The United States Trade Representative (USTR) is collecting public comments on the potential implementation of tariffs to a list of goods from 6 US trading partners. Tariffs can go up to 25%. Footwear is part of the lists for some trade partners

Under Armour announces commitments to tackle climate change

Apr 16, 2021 / United States
The US-based sportswear brand Under Armour has committed to using 100% renewable energy use in owned and operated facilities by 2030 and to achieve net zero greenhouse gas emissions by 2050

Digital, Digital and more Digital

Premium ContentApr 15, 2021 / Business Conditions Survey
In the fourth edition of our Business Conditions survey, we questioned our panel members on which business-to-business marketing tools will be more important for footwear businesses in the post-pandemic world. Digital, digital and digital are the top answers

Wolverine appoints Kathleen Wilson-Thompson to its Board of Directors

Apr 15, 2021 / United States
The Michigan-based company announced the appointment of Kathleen Wilson-Thompson to its Board of Directors. The decision is effective from the 5th of May 2021 onwards

Kurt Geiger to open 9 new stores this week

Apr 14, 2021 / United Kingdom
The UK-based retailer has announced it will open nine new stores this week as non-essential retailers in England are allowed to reopen

Sustainability concerns more relevant than fashion trends

Premium ContentApr 13, 2021 / Business Conditions Survey
When asked about the factors considered to be the most relevant in determining the evolution of sales of each category of footwear, our experts’ answers point to a raising relevance of the sustainability concerns

Fire destroys Valentino factory

Apr 13, 2021 / Italy
A factory in Bucine where Italian luxury house Valentino produced its popular line of Rockstud shoes was almost completely destroyed in a fire in the beginning of April. No casualties have been reported
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