Italy
Saadia Group to acquire Aquatalia
The US multicategory product manufacturing, wholesaling, distribution and retailing company has agreed to acquire the assets of the Italian footwear and accessories brand. Aquatalia becomes the first luxury label in Saadia's portfolio
Micam talks about a success edition exceeding expectations
Micam (footwear), Mipel (leather goods and accessories) and The One Milano Special Featured by Micam (the Haut-à-Porter Exhibition) ended after three days
UNIC, ICEC and WWF partner up for sustainability
The three entities have joined forces to increase sustainability within the leather industry by enhancing environmental, social and governance practices (EGS)
Etro nominates new CEO
The Italian-based fashion house has announced that Fabrizio Cardinali will take on the role of Chief Executive Officer, effective fourth quarter of 2021. Cardinali is the first CEO appointed under the new owners of Etro, L Catterton
Prada and Theaster Gates launch Dorchester Industries Experimental Design Lab
The three-year collab initiative aims at amplifying the work of emerging and established artists of colour through awards and public programming. The space will be located in Chicago
Ferragamo: sales near pre-COVID levels
The Italy-based luxury house reported that in July and August its retail sales were close to levels recorded before the outbreak of the COVID-19 pandemic, after returning to operating profit in the first half of 2021
Tod's results driven by e-commerce, Greater China and Roger Vivier
The Italy-based luxury house talks about strong sales results and profitability recovery in the first half of 2021. Results were driven by the performance of the e-commerce channel, Greater China and the Roger Vivier brand
Geox is closing its Serbian factory
The Italy-based company is closing down its Serbian plant in Vranje. The decline in demand for formal men’s and women’s shoes is pointed as the reason for the closure
Ferragamo's revenue up by 44.1%
The increase in revenue has been achieved despite the permanence, in some countries, of lockdowns and bans driven by COVID-19. On the 30th of June 2021, Ferragamo was operating with 53% of retail stores at full capacity
Latest edition of Expo Riva Schuh comes to a positive close
2 700 visitors from 79 different countries and 406 exhibiting companies marked the 3 days of the Riva del Garda trade fair, in its return to an onsite event
L Catterton acquires majority stake in Italian-based Etro
Under the agreement, L Catterton Europe will acquire a majority stake in the company, while the Etro family will retain a significant minority. Founder Gerolamo Etro will be appointed as Chairman
Assomac confirms Simac Tanning Tech physical exhibition
Simac Tanning Tech is an international exhibition for Footwear, Tanning and Leather manufactures’ technology. It will be held from 22nd to 24th September 2021, in Rho Fiera Milano pavilion, together with Lineapelle, Micam and Mipel events
Ferragamo with 10% growth in sales
As of the 31st of March 2021, the Salvatore Ferragamo Group reported total revenue of 245 million euros, up by 10.3% at current exchange rates (+13.0% at constant exchange rates), which compares with 222 million euros recorded in the first quarter of 2020
Lineapelle returns to physical format
In September, Milan will once again be the gathering location of the footwear industry. From the 22nd to the 24th of September, with the dates close to the Micam edition, Fiera Milano receives Lineapelle
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)-
Footwear Consumer 2030
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