World Footwear

News

Asia dominates exports but Europe increased market share over the last decade

Aug 10, 2020 / World Footwear Yearbook
The Asian continent was the origin of most exports in 2019, with a world share of 83.9%. Asia’s export share has decreased slightly over the last decade, as is also the case with every continent but Europe

Prada's sales impacted by the lockdowns

Aug 10, 2020 / Italy
With falling sales across all geographies as a result of a 40% of stores closed globally from February to May 2020, Patrizio Bertelli, Prada Group CEO said he is confident in growth for the second half of 2020

Wolverine with better-than-expected revenue

Aug 7, 2020 / United States
The Michigan-based footwear company has reported revenue down by 38.6% in the second quarter. Despite the negative impact of the COVID-19 pandemic, Wolverine says these results were much stronger than expected

Kasper Rorsted confirmed as CEO of adidas for more 5 years

Aug 6, 2020 / Germany
The Supervisory Board of adidas AG has extended the appointment of Chief Executive Officer Kasper Rorsted by another five years until the 31st of July 2026. Kasper Rorsted has been a member of the adidas Executive Board and the company's CEO since 2016

Inspiramais turns into a digital event

Aug 6, 2020 / Brazil
As previously informed, Inspiramais Digital will be a 100% virtual event, with no visitor limit and with a particular focus on fashion

Chanel buys Conceria Gaiera

Aug 5, 2020 / Italy
This new deal will contribute to increasing Chanel’s control on the supply chain of leather. The French luxury brand had already made similar deals in the past

DW Sports chain goes into administration

Aug 5, 2020 / United Kingdom
The UK-based chain of gyms and sports retail has confirmed it will enter administration. At risk are 1 700 jobs. Company BDO has been nominated Administrator

Footwear production with new record of 24.3 billion pairs

Aug 4, 2020 / World Footwear Yearbook
Just before the outbreak of COVID-19, the footwear industry has set a new production record. In 2019, worldwide, 24.3 billion pairs of shoes have been produced. Data is taken from the World Footwear 2020 Yearbook just released by APICCAPS

Asia accounts for more than half of global consumption

Aug 3, 2020 / World Footwear Yearbook
Asia’s consumption accounts for more than half of the grand total. Over the last decade Asia’s demographic and economic dynamism has been responsible for a rise of 9 percentage points in its share of world consumption

2020 Yearbook: The footwear industry was already in slowdown before the COVID-19 pandemic

Jul 31, 2020 / World Footwear Yearbook
2019 saw a worldwide slowdown in the footwear industry. That slowdown will certainly continue throughout 2020, given the reality of COVID-19. In 2019 footwear production and exports grew by 0.6% and 0.1%, respectively. Data are taken from the World Footwear 2020 Yearbook just released by APICCAPS, the Portuguese Footwear Association

Hermès: revenue dives by 41% in the second quarter

Jul 31, 2020 / France
At the end of June, revenue for the semester was down by 24% at current exchange rates. In the second quarter revenue was down by 41%, as Hermès took the hit of the COVID-19 pandemic

Kering with double-digit drop in revenue

Jul 30, 2020 / France
The luxury group announced the results for the first half of the year, marked by double digit decline in revenue. Kering named this the toughest period they ever faced

Wolverine declares quarterly dividend

Jul 30, 2020 / United States
The Michigan-based footwear group has announced that its Board of Directors has declared a quarterly cash dividend of 0.10 US dollars per share of common stock

Steve Madden: revenue down by 68.2%

Jul 29, 2020 / United States
The New-York based designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children, announced financial results for the second quarter ended on the 30th of June 2020

Moda Made in Italy is cancelled

Jul 29, 2020 / Germany
The Munich event scheduled for September has been cancelled. Assocalzaturifici said that the German market, of fundamental importance for the Italian footwear industry, will now be served by the new digital opportunities
Page 1 of 228