Asia
European exports increase market share over the last decade
The conclusion is taken from the World Footwear 2021 Yearbook just released by APICCAPS, the Portuguese Footwear Association
Asia accounts for more than half of global footwear consumption
In 2020 Asia’s consumption accounted for more than half (55.8%) of the grand total worldwide. After being the major manufacturing hub for the footwear world, now Asia is also playing a key role in the consumption side. Data is taken from the World Footwear 2021 Yearbook just released by APICCAPS, the Portuguese Footwear Association
The world's largest trade agreement
The Regional Comprehensive Economic Partnership was signed by China, Japan, South Korea, New Zealand and Australia, plus ten Southeast Asian economies, Indonesia, Thailand, Singapore, Malaysia, the Philippines, Vietnam, Burma, Cambodia, Laos and Brunei
US remains by far the world’s largest importer of footwear
This is one of the conclusions of the World Footwear 2020 Yearbook, recently published by APICCAPS and containing a deep analysis of the footwear industry in 2019. The publication also contains Country Profiles for 84 markets
Asia dominates exports but Europe increased market share over the last decade
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
China: Jimmy Choo returns to last year sales levels
In a statement giving an updated on the phased reopening of their global stores network, Capri Holdings, the owner of the Jimmy Choo, said sales levels of the brand are returning to normal in China
Burberry expects 30% drop in sales
The British-based luxury brand is already forecasting the hit from the impact of the Covid-19 pandemic. Burberry announced it is expecting a 30% decline in sales for the first quarter of 2020
India and Bangladesh in total lockdown
The two Asian countries have declared total lockdown Tuesday. India and Bangladesh try to set several measures to contain the diffusion of Covid-19 in their borders
Covid-19 in Asia: latest update
After reporting the situation in Vietnam, Republic of Korea and Malaysia, today we bring you more news from Cambodia and Japan
The APLF fairs kicked-off today in Hong Kong
APLF Leather & Materials, Fashion Access and Cashmere World opened its doors to the public. The trade fairs have a parallel programme of seminars, workshops and talks. The Global Footwear Executive Summit was held yesterday in the same venue
Salvatore Ferragamo strengthens presence in Asia
The Italy-based luxury brand announced to be in control of a 100% stake in four joint-venture companies, which control the company’s distribution in South Korea and South-East Asia
Manolo Blahnik expands in Asia
New stores to open in Japan, Singapore and Malaysia
Aeropostale announces further expansion
The US-based retailer of casual apparel for young women and men announced additional expansion plans in Asia and the EMEA region
Clarks to reinforce Asia focus
The British-based shoe brand is now focusing on Asia and has announced an aggressive growth plan to open 100 stores in the region in the next twelve months
Under Armour Asia plans expansion
Japanese trading company Mitsui & Co acquired a stake of Singapore-based company Triple, which runs Under Armour Asia- 1
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