Footwear
Micam to be held in person once again
The International Footwear Exhibition is coming up with new in person dates from the 19th to the 21st of September, at Fiera Milano Rho, in Milan (Italy)
UAE: 46% of consumers expect the effects of the pandemic to last another year
This is according to a study by Kearney, which also revealed that 73% of consumers have changed their shopping habits to adapt to the new normal, with expenditure on essential items showing a sustained increase, and spending on non-essentials continues to decline
Italy talks about tentative recovery for exports in the first quarter
According to data by Confindustria Moda Research Centre for Assocalzaturifici. The footwear industry in Italy raised exports, in value terms, by 3% in the first quarter of the current year. These are still quite below pre-COVID levels, the Italian Association underlines
Ireland: retail sales volumes up by 44%
Retail sales increased by 1.8% in May 2021 when compared to April 2021 on a seasonally adjusted basis. On an annual basis, retail volumes were 44.0% higher than in May 2020. The retail sales figure for May 2021 was 6.8% higher when compared to two years earlier
VF announces year end results marked by growth in the last quarter
In the last fiscal year, the company suffered the impacts of the pandemic like many other retailers. However, VF's most recent quarter saw growth in key areas, with revenue growing by 23% in the last three months of the fiscal year
Nike with strong set of results
Nike reported fourth quarter revenue totalling 12.3 billion US dollars, up by 96% compared to prior year and increasing by 21% compared to the fourth quarter of 2019. Full year reported revenue increasing by 19% to 44.5 billion US dollars
JD Group acquires Deporvillage in Spain
The retailers of sports, fashion and outdoor brands, announced that Iberian Sports Retail Group SL, its existing 50.02% intermediate holding company in Spain, entered into a conditional agreement to acquire 80% of the issued shares in Deporvillage SL
Birkenstock names new Managing Director for Europe
Birkenstock appointed Nico Bouyakhf as Managing Director for Europe. He will be responsible for the region across all sales channels, including direct-to-consumer
adidas and Lego team up to launch customised shoes
The two brands have partnered to present the LEGO adidas Originals Superstar: the new shoes from the partnership between adidas and Lego appear in the Superstar model with 17 base pieces to customize
Council for Leather Exports with new Chairman
The organisation dedicated to the trade promotion of the leather and leather products industry. The Council for Leather Exports (CLE) has elected Sanjay Leekha as its new Chairman. Rajendra Kumar Jalan has been elected as Vice-Chairman
Mariano Shoes opens physical store
The footwear brand from São João da Madeira inaugurated a new store in Lisbon. This will be the brand's first retail space, but two more openings are already on the pipeline
Shoe Carnival announces two-for-one stock split
The US-based retailer of footwear and accessories announced that its Board of Directors has authorized a two-for-one stock split of the company's common stock
UK Retail: Anticipating a new Retail Normalcy
With the seasonally adjusted TCF (Textile, Clothing & Footwear) Retail Sales Index successfully resuming the 2018 baseline, a new Retail Normalcy is anticipated. Importers, on their side, have well sensed since February that retail was about to reignite, as depicted by the increase in the monthly footwear imports. As the vaccination process evolves favourably in the UK, Consumer Confidence in the country seems to be unstoppable
Gucci is in the race for new materials
The Italian-based fashion brand is launching vegan versions of its New Ace and Rhyton sneakers made with an innovative raw material, alternative to leather. The material, called Demetra in reference to the Greek goddess of agriculture, is vegan and largely plant-based
Yue Yuen: revenue increases by 26.6%
Revenue in the first three months of 2021 increased 26.6% to 2.49 billion, compared to the corresponding period of last year. Profit was 85.4 million US dollars, compared with a loss of 56.3 million US dollars attributable in the same period of last year-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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