World Footwear

France

JB Martin closes doors

Jul 7, 2020 / France
JB Martin, born 99 years ago in Fougères and a historic player in the French footwear industry disappears as the brand was liquidated by the Paris Commercial Court at the beginning of June

Kering announces new additions to the Board of Directors and publishes Biodiversity Strategy

Jul 6, 2020 / France
Kering’s shareholders have approved the appointment of Ms. Jean Liu, Mr. Tidjane Thiam and Ms. Emma Watson as Directors during their Annual General Meeting. The luxury group also published its biodiversity strategy and announces its targets

New appointment to Richemont Senior Executive Committee

Jul 1, 2020 / France
Philippe Fortunato has been nominated to head the fashion and accessories division of the luxury group, which includes brands such as Chloé, Dunhill or Montblanc, amongst others

Messe Frankfurt France cancels September 2020 shows

Jun 23, 2020 / France
The event’s organisers announced they will not go ahead with the September 2020 edition of its co-locating tradeshows Apparel Sourcing, Avantex, Leatherworld, Shawls&Scarves, Texworld and Texworld Denim Paris

Brazilian footwear exports decreased by 66% in May

Jun 22, 2020 / Brazil
Data prepared by the Brazilian Footwear Industries Association (Abicalçados) indicates that 2.7 million pairs were shipped in May, generating 23.9 million US dollars of revenue. This resulted in decreases both in volume (-64.7%) and in value (-66%)

LVMH will not renegotiate the Tiffany's deal for now

Jun 8, 2020 / France
The French luxury goods giant is not expecting to renegotiate the 16.2 billion US dollars acquisition deal of US-based jewellery chain Tiffany & Co after deliberations on the matter, Reuters is reporting

Brazil: Covid-19 pandemic shrinks footwear exports

Jun 4, 2020 / Brazil
The Brazilian Footwear Industries Association (Abicalçados) believes the COVID-19 pandemic played an essential role in the decline registered in footwear exports during the first four months of the year

Gucci is going seasonless

May 27, 2020 / Italy
The announcement was made by Alessandro Michele, the brand’s Creative Director, using Gucci’s Instagram page

Footwear back in business in Europe

Premium ContentMay 12, 2020 / Coronavirus - Covid19
As European countries face the different stages of the sanitary crisis, they are also working on the re-opening of the economies. Today we bring you updates from Italy, Spain, Germany, Belgium, France and Poland

After Milan, Paris announces digital fashion week

May 7, 2020 / France
Yesterday Camera della Moda has announced the first Milano Digital Fashion Week. In the same day the Fédération de la Haute Couture et de la Mode announced it is organizing a Paris Fashion Week online event

Kering announces quarter heavily impacted by Covid-19

Apr 27, 2020 / France
The luxury group has announced consolidated revenue in the first quarter of 2020 of 3 203.2 million euros, down by 15.4%, as reported (-16.4% on a comparable basis)

LVMH says its first quarter showed good resilience

Apr 24, 2020 / France
The French-based luxury group recorded revenue of 10.6 billion euros for the first quarter of 2020, down by 15% compared to the same period in 2019 and down by 17% on an organic basis

LVMH cancels prize final and launches solidarity fund

Apr 17, 2020 / France
As a result of the Covid-19 pandemic, the final of the 7th edition of the LVMH Prize for Young Fashion Designers, originally scheduled on 5th June 2020 at the Louis Vuitton Foundation, has been cancelled

Hermès reduces proposed dividend

Apr 1, 2020 / France
The French luxury goods group said it has decided to reduce its planned 2020 dividend to shareholders in order to implement some measures to response to the coronavirus outbreak

Chanel workshops to make face masks

Mar 27, 2020 / France
The French-based luxury fashion group said it will launch production of face masks to increment the supply in France, as the coronavirus spreads across the country
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