News
Skechers with record net sales
The California-based company continues to cross milestones. Second quarter net sales totaled 1.026 billion US dollars, an increase of 16.9%. First semester net sales increased by 13.0% crossing the 2.1 billion US dollars threshold
New Italy-Vietnam footwear technology centre
The facility, inaugurated at the Lefaso Centre in Binh Duong, was set up as part of a new collaboration between the two countries and aims to promote research and development of leather-shoe products
Domestic consumption in Argentina continues to fall
According to the local entities domestic sales of leather footwear in the country has fallen by an estimated 30% since the beginning of 2017 compared with similar period last year
Havaianas sold for 1.1 billion US dollars
Alpargatas, the Brazilian parent company of the popular flip-flop brand has been involved in a new transaction in less than two years. The deal reached 3.5 billion reais, or 1.1 billion US dollars
Nigeria’s promotion of leather production
The federal government is very active in supporting the leather production in the country. As part of this process the Nigerian Institute of Leather Science and Technology (NILEST) was recently inaugurated
Mulberry focus in Japan
The London-based luxury brand has announced plans to launch a joint venture deal with Onward Global Fashion, a Japanese brand
Overstate, inspired by the urban lifestyle
A young brand born in Guimarães, one of the most important regions for footwear manufacturing in Portugal, within a family business, where the art of shoemaking was passed on from generation to generation
LVMH Designers Prize winner announced
French designer Marine Serre of MARINE SERRE was the recipient of the LVMH Prize for Young Fashion Designers for 2017
Burberry with 3% increase in sales
The UK-based fashion house has announced a 3% underlying retail revenue growth for the first three months of the fiscal year, compared with the same period last year
Alpargatas might be sold again
J&F Investimentos, the controlling shareholder of the Brazil-based casual footwear manufacturer, might be negotiating to sell Alpargatas
Exports in Bangladesh cross historic milestone
According to the local association, in the current fiscal year 2016-17 (July-June), exports earnings from the leather goods and footwear sector reached 1 billion US dollars
Coach successfully completes tender offer to acquire Kate Spade
The New York-based design house of luxury accessories and lifestyle brands announced that it has successfully completed its previously announced tender offer for Kate Spade & Company
Deckers loss narrows
The US-based footwear, apparel and accessories company has announced fourth quarter and fiscal year results for the period ended on the 31st of March. An improvement in results seems to support more optimistic perspectives
Louis Vuitton in talks to open US factory
LVMH Moët Hennessy Louis Vuitton, one of the leading groups in luxury accessories is working to open a factory in the US, responding to added demand for its iconic products
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