Manufacturing
Stella Holdings' profitability improved in the first semester
The Hong Kong-based manufacturer reported that has seen an improvement in profitability during the first half of 2023 driven by strong customer demand for luxury, fashion and sports products
Is footwear re-shoring a myth?
With the geographical distribution of footwear production remaining relatively unchanged over the past decade, is re-shoring a myth or can we find its evidence in the numbers?
Yue Yuen posts revenue and profits decline
The Hong Kong-based footwear group announced that this year's first half revenue declined by 11.8% year-over-year, while the profit attributable to its owners fell by 52.2% year-over-year
Footwear production bounces back to pre-pandemic levels in 2022
The World Footwear Yearbook 2023 just released by APICCAPS, the Portuguese Footwear Association, shares information about the great trends in the industry such as the fact that in 2022 global footwear production reached the 23.9 billion pairs threshold
Average worldwide export price reaches a new record in 2022
This is one of the main conclusions of the World Footwear Yearbook 2023 just released by APICCAPS, the Portuguese Footwear Association. Read all about it today
2022: exports of footwear on the rise
The World Footwear Yearbook 2023 just released by APICCAPS, the Portuguese Footwear Association, presents a detailed analysis of the footwear exports' movements in 2022. Get access to all the relevant information today
French footwear manufacturing turnover grows in 2022
According to the Conseil National du Cuir (CNU), the French footwear industry's turnover rose by 10% last year to 651 million euros, up from 590 million euros in 2021
Yue Yuen issues profit warning
The group has informed its shareholders and potential investors that it expects a first half profit decline between 50% to 55% from the 175 million US dollars recorded in the same period of 2022
Asia accounts for more than half of global footwear consumption
This is one of the main conclusions of the World Footwear Yearbook 2023, just released by APICCAPS, the Portuguese Footwear Association. Read more about it today
2022: global footwear production reaches 23.9 billion pairs, back to pre-pandemic levels
In 2022 footwear production and exports grew by 7.6% and 9% respectively. Data are taken from the World Footwear Yearbook 2023 just released by APICCAPS, the Portuguese Footwear Association. Global footwear production reached the 23.9 billion pairs threshold, bouncing back to pre-pandemic levels. Last year 15.2 billion pairs were exported worldwide, representing a recovery from the drop registered as a result of the pandemic, yet still below the record registered in 2014 (15.7 billion pairs)
Wave of layoffs continues in Vietnam
An estimated 217 800 people have lost their jobs in Vietnam in the second quarter of 2023 due to the significant decline in orders since the end of 2022, says the General Statistics Office (GSO)
Stella Holdings posts a slight improvement in the second quarter
The Hong Kong-based footwear manufacturer posted a slower decline in its consolidated revenue and shipment volume in the second quarter of the year, as compared to the previous quarter
CTCP promotes Bioshoes Creators summer workshop
The Portuguese Footwear Technological Centre (CTCP) is organizing a summer workshop for designers, footwear technicians, industry professionals and students who want to develop skills in the sector
Venezuelan footwear production expected to grow by 20% in 2023
Venezuelan footwear production may increase by about 20% this year, says Tony Di Benedetto, President of Cavecal, but growth can be compromised if industry and trade conditions do not improve
Bottega Veneta opens a new footwear factory
The Italian label, owned by the luxury group Kering, has opened a new footwear atelier in Vigonza, in the footwear district of Riviera del Brenta, located in the Veneto region-
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