World Footwear

France

Brazilian footwear exports get off on the right foot

Mar 31, 2022 / Brazil
According to Abicalçados, footwear exports had the best performance in the first two months of this year since 2011. International conjecture is showing to be favourable for the industry

Hermès to open two new leather goods workshops by 2026

Mar 22, 2022 / France
The two workshops, which will employ 500 people, will allow the French luxury house to increase its production capacity while remaining committed to its artisanal culture

France Retail: retailers more confident than consumers amid an uncertain environment

Premium ContentFeb 28, 2022 / World Footwear Reports
Although footwear retail sales in France have returned to pre-pandemic levels, the beginning of 2022 is being characterized by some uncertainty. Consumers’ mood has become more volatile towards the end of 2021, reaching minus 8 points in January, and rising inflation has not spared the sector. Nonetheless, retailers are proving to be more confident than consumers, displaying some insensitivity towards risks

Hermès posts strong performance in 2021

Feb 22, 2022 / France
The French-based luxury group reported an increase in revenue of 42% at constant exchange rates, and 41% at current exchange rates, as compared to 2020, reaching 8.98 billion euros

Kering exceeds pre-pandemic levels

Feb 18, 2022 / France
The luxury group reached revenue of 17.65 billion US dollars, up by 35% and by 13%, on a comparable basis to 2020 and 2019, respectively. Gucci sales bounced back to 2019 levels

Volume of Brazilian exports in 2021 above pre-pandemic levels

Feb 7, 2022 / Brazil
In 2021, Brazil shipped 123.6 million pairs of shoes, which reflects an increase in volume of 32% and 7.3%, as compared to 2020 and 2019, respectively. Positive trajectory should continue over 2022

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

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

CTC teams up with Ars Tinctoria

Dec 9, 2021 / France
The French-based company of quality assurance and consulting services for the footwear and leather industries has announced a partnership with the Italian laboratory Ars Tinctoria

French footwear exports in growing mode

Nov 11, 2021 / France
In the first eight months of 2021, French footwear exports increased by 19%, totalling 2.58 billion euros, as compared to the same period of 2020. Leather goods exports have also grown by 34%

Hermès reports strong growth

Oct 25, 2021 / France
In the third quarter of 2021, the group’s consolidated revenue totalled 2.37 billion euros driven by an upturn in sales in Europe, an acceleration in America and a sustained dynamic in Asia

Kering reports solid revenue growth

Oct 21, 2021 / France
The luxury group announced a steady revenue growth in the third quarter of 2021, reaching 4.19 billion euros, up by 12.2% as compared to the same period of 2020. Gucci decelerates

LVMH reports continued growth

Oct 18, 2021 / France
In the first 9 months of 2021, the French-based luxury group had revenue of 44.2 billion euros, up by 46% year-over-year. The Fashion & Leather Goods segment registered exceptional growth

Minelli sold to the owners of San Marino

Oct 6, 2021 / France
Vivarte has concluded the sale of its footwear and accessories brand Minelli to the businessmen Stéphane Collaert and Laurent Portella, who also purchased the footwear brand San Marino in February 2020

LVMH plans to recruit 25 000 young people by the end of 2022

Sep 29, 2021 / France
The luxury group is launching several initiatives to provide access to training and employment for young people, under the age of 30, from all backgrounds
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