Footwear
Lowa acquires Italy’s Riko Sport
The Germany-based sporting goods company has acquired the Italian shoe specialist Riko Sport S.r.l., a core supplier of Lowa’s footwear
Lefaso: Vietnam is already taking advantage of the US-China trade war
As the trade war between the two countries enters a new chapter, the worldfootwear.com spoke to Nguyen Duc Thuan, Chairman of Lefaso, the Vietnamese footwear association, to discuss this and other hot topics of the industry
President Trump announces more tariffs
The announcement was via Twitter yesterday: the US will impose added tariffs of 10% on the remaining 300 billion US dollars in goods from China. This decision can likely include all footwear from China
Global Footwear Industry: Positive Dynamics in 2018
The year 2018 was marked by the positive dynamics initiated in 2017, following two years of stabilization. Footwear production and exports grew by 2.7% and 4.3%, respectively. Data is from the World Footwear Yearbook 2019 now published by APICCAPS
Prada's revenue up by 2%
The Milan-based luxury house present their consolidated financial results for the first semester of 2019 ended on the 30th of June. Small increase in revenue marked the period
Vans reinforces its EMEA team
Michel Bilodeau was announced as Vice President, General Manager of Vans EMEA. Currently serving as the Vice President, General Manager of VF Outdoor & Action Sports for Canada, Bilodeau will transition into his new role by October 2019
Flat sales in European outdoor market
The latest research released by the European Outdoor Group (EOG) indicates that the climbing category grew in 2018, but the overall outdoor market flattened out
New deal between Turkish-based FLO and Nine West
Turkey-based footwear company FLO acquired the licensing rights of fashion brand Nine West. The Turkish press is reporting they will now produce to the local market and take over the Nine West stores as well
Under Armour updates 2019 full year outlook
The Baltimore-based sportswear brand has announced financial results for its second quarter with a 1% rise in sales to 1.2 billion US dollars. Footwear represents roughly a quarter of total revenue
Indian exports reach 5.69 billion US dollars
India’s export of leather and leather products for the last financial year reached 5 691.00 million US dollars, compared to 5 740.97 million US dollars in the previous year. This represents a small decline of 0.87%
Caleres is relaunching and rebranding Zodiac Footwear
Acquired by Caleres in 2005, the new Zodiac collection has undergone a contemporary transformation, blending the past with the present. Caleres aims to keep the brand true to its bohemian and western-inspired roots
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)
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-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
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