News
Bangladesh: leather sector closes the year on the red
Notwithstanding the good performance of leather footwear exports, the leather industry as a whole registered a decline of 6.06% in revenue. The industry closed financial year 2018-19 below the target set for exports
Brazil: footwear exports continue to decline
After decreasing by 9.4% in March, Brazilian footwear exports declined even more in April: 17.7% compared to similar month last year
CBL to operate Vans business in India
Cravatex Brands (CBL) has announced its collaboration with Vans, a brand from the VF Corporation portfolio, to take over its operations in India
New Global Brand President for Dickies
VF Corporation, a global group with a vast portfolio of branded lifestyle apparel, footwear and accessories, announced the appointment of Denny Bruce to the position of Global Brand President for Dickies. He reports to Curt Holtz, Executive Vice President and Group President, Workwear
Bottega Veneta with new CEO
The Kering Group, owner of Bottega Veneta, announced the appointment of Bartolomeo Rongone as CEO of the brand, effective from the 1st of September 2019. He will report to François-Henri Pinault, Chairman and CEO of Kering and will be a member of the Group’s Executive Committee
Puma commits to 35% reduction in carbon emissions
Germany-based sports company Puma aims for a 35% reduction of its greenhouse gas emissions by 2030, a target which was approved by the Science Based Target initiative (SBTi)
38th International Footwear Conference
The 38th edition of the International Footwear Conference took place in Guangzhou, China in May, gathering together several key players of the industry
Truworths to restructure Office's debt
The South African fashion retailer Truworths International confirmed its British footwear chain Office has entered debt restructuring talks with its lenders
French Federation with a new Head
Régis Feuillet has been elected President of the French Footwear Federation (FFC) an entity representing 100 footwear companies
Abicalçados and Apex-Brasil renew agreement
During the latest edition of the Francal trade fair, the Brazilian Footwear Industries Association (Abicalçados) announced the renewal of the agreement to maintain the Brazilian Footwear program, developed in partnership with the Brazilian Trade and Investment Promotion Agency (Apex-Brasil)
Forever 21 is exploring options
Fast-fashion chain Forever 21 is reported to be in talks with potential lenders and restructuring advisers as it analyses options for recovering from the less healthy moment
Nike with revenue growth
The sportwear giant reported financial results for its fiscal 2019 fourth quarter and full year. Revenue increased in both periods, mainly as a result of strategic investments in innovation and digital
Deichmann announces UK expansion
The Germany-based retailer has announced plans to expand its UK store portfolio. Last year the brand has opened 9 stores in that country bringing its network of stores in the UK to 102
Syed Nasim Manzur (Apex Footwear): If the product is good, the customer will come
Watch the interview to learn a bit more about the current trends of the footwear industry according to the views of Syed Nasim Manzur, from Apex Footwear in Bangladesh
EU and Mercosur reach agreement on trade
The European Union and Mercosur announced the new political agreement for a new trade framework as an important tool for the consolidation of the strategic partnership of both parties and as having the ability to boost sustainable growth
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