News
Big brands join the New Plastics Economy Global Commitment
A Global Commitment to eradicate plastic waste and pollution led by the Ellen MacArthur Foundation in collaboration with UN Environment was signed by several giant brands
Alpargatas downsizes business in Argentina
The Brazil-based footwear manufacturer sold its operations in Argentina. The amount of the deal should amount to roughly 3.3 million euros (14 million Brazilian reais)
China's GDP growth slows to 27-years low
The economic growth of the Asian giant slowed to 6.2% in the second quarter of the fiscal year, reflecting the weakest pace in the last decades. The US-China trade war is starting to pressure economic growth, analysts say
Manolo Blahnik buys footwear manufacturer
Luxury footwear designer Manolo Blahnik bought Calzaturificio Re Marcello, founded in 1938 and located in Vigevano (province of Pavia). The company has been manufacturing shoes for Manolo Blahnik since 1990
Hermès: Asia continues to drive sales growth
The Paris-based luxury group confirmed its strong sales momentum over the first half of 2019 reporting 12% growth at constant exchange rates and 15 % at current exchange rates
CEC: getting close to free access to Mercosur
European footwear companies can start counting down to export their leather shoes to Mercosur countries free of import duties. Luís Onofre, CEC's President, comments the agreement
Heitor Klein (ABICALÇADOS): EU-Mercosur brings challenges but will result in gains for all
The words are from Heitor Klein, the man who headed Abicalçados in the last 6 years. As Klein prepares to step down from the Presidency, we took the opportunity to discuss the main trends of the footwear industry and bring you the highlights of that conversation today
Uniqlo to switch from plastic to paper bags
Japanese-based retailer announced it will be using paper shopping bags instead of the plastic bags from September onwards. With this move, the company is joining the global initiatives to address one of the most important environmental issues: plastic pollution
Stella McCartney and LVMH in partnership
Both parties have reached an agreement to further develop the Stella McCartney House. Stella McCartney and LVMH will detail the full scope of the deal later in September
Sri Lanka and Pakistan to strengthen their ties
The Consul General of Sri Lanka in Pakistan and representatives of the Pakistan Footwear Manufacturers Association (PFMA) gathered to discuss further opportunities of developing the ties within the footwear sector in both countries
Skechers achieves record net sales
The US-based footwear giant announced financial results for the second quarter ended on the 30th of June 2019. Skechers announced another record on sales
Chanel appoints first Senior Executive for Diversity
Fiona Pargeter is joining Chanel from Swiss Bank UBS where she was head of Diversity and Inclusion for Europe, the Middle East and Africa
New Generation: meet Catarina Teixeira Pinto
Lawyer and journalist with expertise in politics, Catarina Teixeira Pinto has a long curriculum. She recently created footwear brand Haggua, combining elegance and comfort
Belle to spin off sportswear business
Chinese footwear manufacturer and retailer Belle International has filed papers for a public listing of its sportswear business Topsports International. The deal could amount to 1 billion US dollars
Brazil: exports decrease in June
There was a decrease in footwear exports in the last month of the semester. Data prepared by the Brazilian Footwear Industries Association (Abicalçados) indicates that 6.4 million pairs were shipped in the sixth month of the year
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