World Footwear

Footwear

LVMH posts revenue above pre-pandemic levels

Jan 28, 2022 / France
The luxury group has reported strong growth over 2021, following the disruption of the first half of 2020 resulting from the global pandemic. Revenue for the full year reached 64.2 billion euros

Sneakers and sports related footwear to continue on the rise

Premium ContentJan 27, 2022 / Business Conditions Survey
It doesn’t come as a surprise, but the conclusions from enquiring our Panel of Experts of the World Footwear Business Conditions Survey point to a continuation of the trend around sneakers and sports related footwear. Read more about it today

Sports footwear trend will grow by 50% in the next decade

Jan 27, 2022 / World
The sports footwear business continues to thrive. By 2030, the global athletic footwear industry should generate 165.00 billion US dollars, which will reflect an increase of 50.4%, as compared to revenue of 109.70 billion US dollars in 2020

Pakistan footwear exports increase in value

Jan 26, 2022 / Pakistan
In the first half of the current fiscal year, Pakistani footwear exports grew by 12.37% in value, totalling 72.79 million US dollars. Leather footwear exports increase in value, but decline in volume

Kurt Geiger to open 13 to 15 stores in the UK

Jan 26, 2022 / United Kingdom
The Chief Executive of Kurt Geiger, Neil Clifford, has told the daily The Times that the British retailer is planning to open a new shop every month of the current year

Puma discloses preliminary results for the year of 2021

Jan 24, 2022 / Germany
The German-based sportswear giant is expecting currency-adjusted sales growth of approximately 14% in the fourth quarter, despite the negative impact of the COVID-19 pandemic

La Maison des Startups LVMH chooses 23 new startups

Jan 24, 2022 / France
The luxury group has selected 23 new startups to join in the accelerator programme La Maison des Startups LVMH, which fosters the development of innovative solutions for the luxury industry

American Exchange Group to acquire Aerosoles

Jan 21, 2022 / United States
The US-based designer, manufacturer and wholesaler has announced that it will buy the assets of the luxury comfort footwear brand to drive business opportunities growth

Roberto Vago (ASSOMAC): sustainability is not a marketing idea, but a realistic idea

Premium ContentJan 20, 2022 / Italy
Today, we bring the highlights of a conversation with Roberto Vago, Managing Director of Assomac, the National Association of Footwear, Leathergoods and Tanning Technologies' Manufacturers in Italy. We have talked about the impacts of COVID-19, sustainability and Industry 4.0, amongst other topics

Coats launches fibre-laying technology for footwear

Jan 20, 2022 / United Kingdom
The British industrial thread manufacturer has launched Lattice Lite Eco, which uses sustainable materials, to create footwear composite materials

Expo Riva Schuh & Gardabags closes on a positive note

Jan 20, 2022 / Italy
The latest edition of Expo Riva Schuh & Gardabags, focused on innovation and sustainability, welcomed 3500 visitors from 86 countries and 430 exhibitors from more than 30 countries

Stella posts growth over 2021

Jan 19, 2022 / Hong Kong
The Hong Kong-based footwear manufacturer and retailer has reported that its unaudited consolidated revenue for 2021 increased by 35.6% over 2020, reaching 1.54 billion US dollars

MICAM postponed to March and Lineapelle confirms February

Jan 19, 2022 / Italy
MICAM has announced that the upcoming edition will be held from the 13th to the 15th of March, instead of the initially scheduled date from 20th to the 22nd of February

Pou Sheng strengths partnership with Nike in China

Jan 18, 2022 / China
Yue Yuen’s retail subsidiary Pou Sheng International has boosted its cooperation with Nike to offer a more convenient and personalized omnichannel retail experience

Portuguese footwear closes 2021 on positive note

Jan 17, 2022 / Portugal
In the first ten months of 2021, Portugal exported 58 million pairs of shoes, worth 1.41 million euros, which reflects an increase of 9% on a comparable basis to the previous year
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