News
Leather sector in India to benefit from shifting businesses
The Indian leather sector is expecting businesses to shift away from China and other locations with higher labour costs. They also want to lower exposure from volatile market conditions and are looking for alternative markets
Portugal creates hundreds of new footwear brands
The creation of own brands is one of the main focus of the Portuguese footwear industry. According to the Portuguese Footwear Technological Centre and its Office for the Promotion of Industrial Property (GAPI) 238 footwear brands were created since 2010
A successful edition of Inspiramais
According to the organization of the event which took place between the 15th and the 16th of January more than 4 million US dollars were generated in businesses during the 2 days of Inspiramais
adidas focus on shoes made of recycled plastic waste
The Germany-based sportswear brands want to upscale production from five million pairs of shoes containing recycled plastic in 2018 to eleven million pairs in 2019
Neiman Marcus’ Chief Merchandising Officer resigns
Jim Gold, president and chief merchandising officer of Neiman Marcus Group, will resign from his position, effective fromt he 15th of March
Record results for LVMH
LVMH Moët Hennessy Louis Vuitton recorded revenue of 46.8 billion euros in 2018, an increase of 10% over the previous year. Organic revenue growth was 11%. All business groups recorded excellent performances
Iconix appoints CFO
The US-based group announced John T. McClain as new CFO, effective from the 11th of February 2019. He will report to Robert Galvin, CEO, President and a member of the Board of Directors at Iconix
Puma appoints Chief Sourcing Officer
The Herzogenaurach-based (Germany) sports giant appointed Anne-Laure Descours as Chief Sourcing Officer and Member of the Management Board
FAMEST: a new generation of products
On the 9th of January, the FAMEST project partners met at the headquarters of the CTCP in São João da Madeira to present a new generation of products in key areas of the Footwear and Fashion Cluster
Sri Lanka: revenue from footwear and leather tripled
According to statistics issued by the local entities revenue generated by exports of these industries have presented a very dynamic performance in over one decade, growing by 300%
US: online sales grow by 16.5% in the holiday season
According to the Adobe Digital Insights Holiday Recap 2018, 126 billion US dollars were spent online this holiday season in the US, which represents an increase of 16.5% year-over-year
Join the footwear industry in Naples
Registration to the sixth edition of the World Footwear Congress is now open. All footwear stakeholders are invited to join the debates in Naples, from the 3rd to the 5th of April 2019
Forecasting the growth for Tapestry
We have asked Victor Luis, the man heading the Tapestry group, to share with us his expectations about the business prospects of each brand of the group. Tapestry's portfolio includes Coach, Stuart Weitzman and Kate Spade
Tod's with lower revenue
Total revenue posted by the Tod's group in 2018 totalled 940.4 million euros. A 2.4% declined if compared to the previous fiscal year
Merrell with the National Park Foundation
The American-based footwear brand has made a 25 000 US dollars pledge to the National Park Foundation, the official non-profit partner of the National Park Service
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