Companies
Ferragamo with declining revenue
As of the 30th of June 2020 the Salvatore Ferragamo Group reported total revenue of 377 million euros down by 46.6% at current exchange rates (-46.9% at constant exchange rates), which compares to 705 million euros in the first half of 2019
Pentland Brands promotes Chirag Patel to CEO and makes executive team changes
Pentland Brands Limited announced changes to its executive team. The changes include Chirag Patel becoming Chief Executive Officer, having previously served as Deputy Chief Executive Officer
Luís Onofre: We will need to do more
Onofre has been re-elected as APICCAPS’ President in what he considers to be one of the “most difficult periods for the Portuguese footwear industry”. This was the starting point of an interview for APICCAPS’ Newspaper, which we bring you here today
Tretorn is reinforcing its team
Just over a year ago, Tretorn got a new CEO, Magnus Månsson, and six months ago a new marketing team was created. Now the company is also strengthening the product and sustainability areas
Michelle Poole named President of Crocs
As President, Ms. Poole will assume responsibility for the Americas, Asia and EMEA regional commercial teams as well as continue to lead the Product Design and Management, Merchandising, and Marketing teams at Crocs
Brazilian footwear exports decreased by 32.7%
Reflecting the instability in the international markets, especially in the United States, Brazilian footwear exports registered decreases of 32.7% in revenue and 25.2% in volume between January and August in relation to the same period last year
Crocs expects 10% revenue growth
The casual footwear brand known for its clogs, provided third quarter 2020 revenue outlook after having experienced exceptional consumer demand in the COVID-19 new reality
Yue Yuen with 136.7 million US dollars loss
The world's largest shoe manufacturer has been badly hit by the COVID-19 pandemic. Yue Yuen has posted a net loss of 136.7 million US dollars for the first half of 2020, which compares to net income of 165.9 million US dollars for similar period in 2019
Tod's: sales down by 43.5%
The impact of the pandemic has heavily affected the sales and results of all the group's brands, in all geographic areas, product categories and on both sales channels
Designer Brands with 42.8% decline in net sales
The US-based footwear retailer formerly known as DSW reported double-digit decline in sales in the first semester as a result of the impact of the COVID-19 pandemic on the consumer behaviour and on the business ever-changing environment
Obuv's parent company increases its share capital
The company announced the increase in its share company by saying that funds from the additional issue will be used to implement the company’s strategy for the business’s digital transformation and financial services development
Under Armour to lay off 600 employees globally
US-based sportswear maker said it will lay off about 600 employees from its global workforce, given the impact of the COVID-19 pandemic in its business
vanHaren to take over 43 Brantano shoe stores
Part of the German Deichmann SE group, one of Europe’s largest shoe retailers, vanHaren has 143 stores in The Netherlands and 16 shops in Belgium, whose network of locations will increase with the acquisition
Footwear production increased by 21.2% over the last decade
Worldwide footwear production has increased by 21.2% since 2010 at an average yearly growth rate of 2.2%. This is one of the main conclusions of the World Footwear 2020 Yearbook launched by APICCAPS
Hungary: retail sales increased by 0.4%
According to information release by the Hungarian Central Statistical Office, in July 2020, the volume of sales in retail shops grew by 0.4% compared to the same period last year-
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