News
Pakistan claims focus on the synthetic leather market
The international synthetic leather market is projected to continue to accelerate its growth within the next 5 years. Pakistani authorities believe there could be good opportunities for domestic companies focusing on this segment
Milton Ricardo, the art of making shoes
A brand born within company Calçados Tulipa Negra, based in Guimarães, in the north of Portugal, one of the regions with a large presence of the footwear industry
Weyco posts declining sales but has improving earnings
The Milwaukee-based footwear company has announced financial results for the quarter ended on the 30th of September
Khadim India IPO opens in November
The India-based footwear retailer will have a three days initial public offering period with an aim to raise capital, now that its private equity fund is leaving the business
Deckers raises guidance for the full year
Despite a minor decline in net sales registered in the second quarter, an improvement of the gross margin of the group has contributed to an renovated guidance for the rest of the year
Puma lifts outlook for third time this year
The Germany-based sportswear giant announced another quarter exceeding expectations, with growth across all business segments. Guidance for the ful year is being uplifted again
From Fashion to Factory: A New Technological Age
The theme of the 20th UITIC Congress was selected to reflect the current moment of constant technological change impacting the worldwide industries and to reflect on its influence in the footwear industry
Porto, the hosting city of the UITIC Congress
Within 50 km from Porto, the city hosting the 20th edition of the UITIC Congress, we can find 90% of the Portuguese footwear companies
Extra days with factory visits
The UITIC Congress will offer a perfect combination of presentations by worldwide renowned speakers (one day and a half) and visits to some of the most technologically advanced footwear companies (1 day). Two extra days of visits to Portuguese companies were added to the programme
Good performance for leather footwear in Bangladesh
According to the local Leathergoods and Footwear Association, the leather industry as a whole closed the first quarter achieving 99% of the exports target for the period. Leather footwear surpassed its target
UBM changes its New York trade event calendar
In partnership with Accessories Council, UBM Fashion is making two key changes in the New York tradeshow lineup. They aim to create new and more efficient business opportunities for both brands and retailers, mirroring underlying trends in fashion and retail
Minimum wage in Cambodia increases 180% in six years
Trade union representatives, government officials and footwear and garment workers in Cambodia have agreed on an increase in the minimum monthly wage for next year. In just six years labor costs have increased significantly in the country
Kenya wants to scrap import duty on raw leather
The African country plans to remove the duty on raw leather imports. The local authorities aim to promote more addition of value in the local manufacturing process
Double-digit revenue growth for LVMH
One of the world’s leading luxury products group, LVMH Moët Hennessy Louis Vuitton recorded a 14% increase in revenue for the first nine months of 2017. Organic revenue grew by 12% compared to the similar period in 2016
Dr. Martens CEO steps down
Steve Murray is leaving Dr. Martens and his position as CEO after being head of the British footwear brand for three years
Coach is changing name to Tapestry
The New York-based design house of modern luxury accessories is changing its corporate name to Tapestry Inc. at the end of the month, a bid to broaden its image after acquiring the Kate Spade and Stuart Weitzman brands
Pratik, fashion and comfort get together
Pratik is a Portuguese footwear brand focused on producing fashionable and comfortable shoes, which are constantly recognized by their superior quality
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