Italy
Ferragamo's revenue and profit dropped in the first half
The luxury group reported a 4.8% fall in revenue in the first half of 2023, as compared to the same period of 2022. In addition, net profit for the period plunged by 65.4% year-on-year
Ferragamo's CFO resigns
Alessandro Corsi, the manager overlooking Salvatore Ferragamo's financial reporting, resigned and will terminate his employment agreement with the company on the 30th of September, 2023 to take on a new professional challenge
Digital FabLab Project has successfully come to an end
Launched in 2021 to contribute the rapid transformation of digital education in the footwear industry, the Erasmus+ Digital FabLab Project, implemented by partners from several European countries, has officially ended
Tod's reports strong first half
The luxury group reported a 21.7% revenue increase in the first half of 2023, as compared to the same period in 2022, with double-digit growth across all brands and product categories
Richemont acquires a controlling stake in the Italian shoemaker Gianvito Rossi
The Swiss-based luxury group has announced the acquisition of a controlling stake in the Italian shoemaking Maison Gianvito Rossi. The amount of the transaction was not disclosed
Prada posts robust growth in sales and profits
The Italian-based luxury group posted a 17% net revenue growth and a 62% net income increase in the first half of 2023, as compared to the same last year's period. Rebound in Asia continues
Assopellettieri names a new President
Claudia Sequi, Vice President of the Firenze-based Pelleterie Claudia, is the new President of the Italian Leather Goods Association for the 23/23 period. She succeeds Fabio Gabbrielli
Programme for the next UITIC Congress is already available
The programme for the 21st edition of the International Congress of Technical Footwear, which will take place from the 20th to the 22nd of September 2023 in Milan and Vigevano, is now fully available
Tod's Creative Director to step down
The Italian-based luxury group has announced that Walter Chiapponi is stepping down from his role as Creative Director by mutual agreement. Search for a successor is now underway
Italian footwear exports grow in value but decline in volume
In the first quarter of 2023, Italian footwear exports increased by 16.1% in value, but declined by 2% in volume, as compared to the same period of 2022, says Assocalzaturifici
Preparations for the next UITIC Congress steam ahead
The organization of the 21st edition of the International Technical Footwear Congress, which will be held next September, received 106 abstracts on the themes of sustainability and innovation
Bottega Veneta opens a new footwear factory
The Italian label, owned by the luxury group Kering, has opened a new footwear atelier in Vigonza, in the footwear district of Riviera del Brenta, located in the Veneto region
Assocalzaturifici names a new President for the Young Entrepreneurs division
Federica de Pascale, who works in her family's business, Calpierre, has been named the new President of the Young Entrepreneurs of the Italian Footwear Manufacturers Association
Pitti Uomo with a positive turnout
The Florence trade show focused on men's fashion proposals closed with positive turnout figures. Out of the 11 900 buyers who attended Pitti, 43% were foreign, with a strong return of Asia
Expo Riva Schuh & Gardabags closes with a 9 000 attendance
The last edition of the Italian trade fair attracted 9 000 visitors, up by 12.% from June's 2022 edition. As anticipated, the exhibition saw the return of a large number of Chinese exhibitors-
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