World Footwear

China

China to lead growth of luxury goods market

Jun 19, 2018 / China
CLIA, the China Leather Industry Association, is quoting a new report from specialist consultancy firm Bain & Company, which is forecasting the personal luxury goods market to grow by 6-8% in 2018

Brazilian Footwear elects seven target markets

May 31, 2018 / Brazil
The Brazilian Shoe Manufacturers Association (Abicalçados), the Brazilian Trade and Investment Promotion Agency (Apex-Brazil) and the members of the Brazilian Footwear program (maintained by those entities) promoted a meeting to select target markets for the next two years

Chinese footwear industry generates 123 billion US dollars

Mar 30, 2018 / China
The China Leather Industry Association revealed that, last year, footwear manufacturers generated sales over 120 billion US dollars. This is an increase of 4.4% compared to 2016

Alibaba’s Singles’ Day with new record

Nov 14, 2017 / China
China-based ecommerce giant Alibaba generated record 25 billion US dollars (168 billion yuan) in sales in a day, partnering with more retailers to host the 2017 Singles’ Day event

ACLE closes confirming a drop in prices

Sep 8, 2017 / China
The latest edition of the All China Leather Exhibition (ACLE) was held in Shanghai from the 30th August to the 1st September. According to the organization a 25% - 30% decline in leather prices was registered since APLF took place by the end of March

New Balance wins trademark infringement case in China

Sep 6, 2017 / China
A Chinese court has decided that local shoemakers must pay New Balance 1.5 million US dollars in damages and legal costs for infringing the American sportswear company’s signature slanting “N” logo.

Cole Haan builds up presence in China

Sep 5, 2017 / China
The global lifestyle and accessories brand and retailer announced a long-term retail, wholesale and e-commerce distribution agreement with a subsidiary company of Sitoy Group Holdings Limited

China loses share while worldwide production stalls

Aug 8, 2017 / World Footwear Yearbook
China continues to loose share in worldwide production, according to the 2017 edition of the World Footwear Yearbook, just launched by APICCAPS

Farfetch to enter the Chinese market in force

Jun 26, 2017 / China
The online luxury fashion retailer Farfetch has raised close to 400 million US dollars from a deal with one of China's biggest e-commerce companies. This partnership will create a premier platform for luxury e-retail across China

Footwear business down at giant Belle

Jun 9, 2017 / China
The China-based group has reported declining revenue for its footwear business in fiscal year 2016/17. Sporstwear and apparel registered double digit revenue growth

Footwear imports are on the high in Indonesia

May 30, 2017 / Indonesia
According to the Indonesia Investments Agency players in the country are concerned with the sharp growth of footwear imports. The growth rate of footwear imports is outpacing the growth of exports

Challenges & opportunities in sourcing countries

May 26, 2017 / World
With the demographic & economic changes that are occurring, will China remain as the main sourcing country for footwear?

Yue Yuen with increase in revenue

May 12, 2017 / China
One of the world's largest footwear manufacturers announced increases in total revenue during the first quarter of the current fiscal year

adidas expects improvement in US margins while China margins stabilise

Apr 25, 2017 / United States
The Germany-based sportswear giant expects its operating margin in China to shrink slightly in the long term, while its US margin should grow markedly in the near term. This is the belief of the new Chief Executive Officer Kasper Rorsted

Reebok plans 500 stores in China

Mar 30, 2017 / China
The brand focused on fitness and lifestyle footwear, apparel and equipment is aiming to open hundreds of stores in the Asian country over the next four years. 50 tores planned to open this year
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