News
Portuguese footwear exports continue to grow
In the first half of 2016, Portugal exported 40.1 million pairs of shoes valued at 902.2 million euros, growing by 1.8% from similar period last year. If this performance continues in the second semester, 2016 will represent the 7th consecutive year of positive growth
EU footwear imports on the rise
According to data obtained by the worldfootwear.com, the EU has imported 22 360 million euros worth of footwear in the first half of 2016. A 5.5% increase from similar period last year. Quantities imported grew by 2.4%
US footwear imports drop by 6%
The United States, the world’s largest footwear importer, registered a 6% decline in footwear imports in the first half of the year, both in volume and value. The numbers came from the FDRA
Japanese footwear imports up by 4%
According to data obtained by the worldfootwear.com, Japan has imported 2 688 million US dollars’ worth of footwear in the first half of the current year
361 Degrees with continued sales growth
The Hong Kong-based group delivered a 7.3% growth for the 361° Core Brand sales during the third quarter of 2016
CHIC with a 15% increase in visitors
The second autumn event of the Shanghai trade fair just ended with an impressive growth in the number of visitors compared with the previous year
American distributors of footwear eyeing Ethiopia
The FDRA, the Footwear Distributors and Retailers of America, visited the African country with a group of footwear distributors
India setting up sea port logistics hubs to boost exports
According to information released by the Associated Chambers of Commerce & industry of India, the local Government is establishing logistics hubs near its sea ports with private sector participation
Chelsea and Nike sign new deal
The London-based football team has announced a new long-term partnership with sportswear giant Nike. Annual sponsorship to reach 60 million British pounds
Messe Frankfurt launches first African event
In 2017, Texworld, Apparel Sourcing and Texprocess will celebrate their premières at Africa Sourcing & Fashion Week in Ethiopia
FFANY announces retailer of the year
Shopbop.com was the company chosen. The online retail company will be recognized later this month at the shoe industry’s annual breast cancer fundraiser event, the FFANY Shoes on Sale
Arcopédico develops new groundbreaking study
After more than 50 years producing anatomical footwear the Portugal-based company Ropar, owner of the Arcopédico brand, decided to get back to the laboratories
Foot Locker scholar athletes program kicks off
The Foot Locker Foundation, the charitable arm of Foot Locker, announced the launch of its 2016-2017 Foot Locker Scholar Athletes Program
China’s footwear exports down by 12% in the first semester
According to data released by CLIA, the China Leather Industry Association, total footwear sales abroad in the first six months of the year have declined to 21.8 billion US dollars from a total of 24.7 billion US dollars in similar period in 2015
Ferragamo posts declining revenue
The Italy-based group posted first semester revenue of 710 million euros, registering a decrease (both in current and constant exchange rates) compared to similar period last year
LVMH acquires stake in Rimowa
A major stake (80%) of the German premium luggage maker, known for its lightweight suitcases, was acquired by the French-based luxury house
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