News
Brazilian footwear industry shows worrying signs
According to Abicalçados exports were down 3.6% in the first 5 months of the year, while imports boosted (6.8% increase in the same period)
European Union footwear market with solid growth
During the first quarter of 2014 the European Union registered a 7% increase in both quantities and value of footwear imported, after a modest increase of 3% in 2013. Growth also characterized the exports in the overall performance of the Union (quantities up by 15% and value up by 8%)
adidas teams up with Pensole to launch Earn Your Stripes
The initiative aims to attract aspiring designers to participate in an intensive design program created to find and develop the next generation of designers for adidas footwear
Project Be Nature focus on developing sustainable products and materials
The project aiming to develop biodegradable leather with minor impact to the environment was a success, with the objectives completely met, and with the resulting materials and products already commercialized in the international markets
Nike’s net income rises driven by strong sales
Sporting goods giant reveals increase in fourth quarter sales boosted by growth in almost all regions. Full year performance with two digits growth (10% variation in revenue and net income growth)
Russia increases footwear imports
During 2013 the Russian Federation imported 334 million pairs of footwear valued at 4 277.8 million USD, with quantities stable (0.7% variation compared to 2012) and growth in value (up by 6.9%). Exports registered solid two digits growth
Model Suki Waterhouse designs sneakers line for Superga UK
The 22 years old model has teamed up with footwear brand Superga to launch a capsule collection of shoes
Ferragamo with continued growth
The group’s revenue for the three month’s period ending 31st March was up by 6.0%. Group net profit for the first quarter reached 26 million euros, 6.9% up from similar period in 2013
Lawsuits put footwear companies on the spot
Skechers filed a lawsuit against Reebok International Ltd, alleging infringement of patents, and New Balance is taking action against Karl Lagerfeld’s brand
Two Ten Footwear Foundation awards 0.8 million USD for scholarships
In its 45th year, the program has helped nearly 6 000 students with a total of 19 million USD granted in scholarships
Singapore with imports growing at 2 digits and with exports consolidation
79.6 million pairs of footwear valued at 670.0 million USD entered the country in 2013, with imports growing both in volume (6.9%) and value (13.6%). Exports consolidated during last year
Portuguese company reinterprets the cultural inheritance of the country with its leather products
Ideal & Co, Living Heritage is a brand created in 2012 and 100% Portuguese, aiming to “reinterpret, preserve and share the beauty of what is genuine and Made in Portugal”
New exhibition dedicated to footwear in the United States
Sole Obsession: 100 Years of Women’s Shoes from Kitten Heels to Power Pumps presents a range of dressy footwear, spanning from 1910 to 2010
Kirstin Deutelmoser, GDS Director, live on World Footwear
The interview focus on the next edition of the GDS fair, taking place between 30th of July and 1st of August
Puma and Ferrari in a new footwear partnership
The Germany based footwear company introduces the Ferrari Limitate footwear collection, a limited edition line fusing Ferrari's class with Puma’s aesthetics
Asics with two digits growth on net sales and net income
The Japan based company announced consolidated net sales up by 26.6% reaching 2 375.7 million euros for year ending March 2014. Net income totaled 116.2 million euros, up by 17.0%
Chinese footwear exports continue with upward trend
China’s footwear exports in 2013 reached 10 577 million pairs valued at 48 145 million USD, growing 5.0% in volume and 8.5% in value from the previous year
Portuguese brands innovate while getting inspired by tradition
Cultural roots are the inspirational starting point for footwear brands in Portugal. Lazuli, Pelcor, rutz and Green Boots are examples of this recent trend
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