World Footwear

China

Brazilian footwear industry concerned by surging Chinese imports

Jul 11, 2024 / Brazil
The warning comes from Abicalçados. The surge in Chinese footwear imports is causing concern for the Brazilian footwear industry, which continues to see a steady decline in exports

Yoox Net-a-Porter to exit China

Jun 28, 2024 / China
The luxury fashion e-tailer Yoox Net-a-Porter (YNAP) is believed to be in the process of closing its China operations in order to focus investment and resources on its more profitable regions

JD.com partners up with Inditex

Jun 12, 2024 / China
The Chinese e-commerce retailer has partnered with the fashion retailer to launch a Massimo Dutti flagship store on its marketplace, as part of Inditex’s efforts to meet the needs of China’s digital consumer base

LVMH extends partnership with Alibaba

May 28, 2024 / France
The French-based luxury group has extended its partnership with the Alibaba Group for the next five years to enhance its omnichannel strategies and digital presence in China

361 Degrees reports double-digit growth

Mar 26, 2024 / China
The Chinese-based activewear company ended the fiscal year 2023 with a double-digit revenue growth of 21%, as compared to 2022. The Kids business was the fastest growing over the period

Remarkable performance by Temu owner PDD

Mar 25, 2024 / China
The Chinese e-commerce group PDD Holdings reported a “pivotal” year in the company's history, with revenue up by 123% year-on-year and profits up by 146% in the fourth quarter, driven by growing demand

World Footwear Voices: interview with Eddy Widjanarko from APRISINDO

Premium ContentJan 22, 2024 / World Footwear Voices
Today we bring you a conversation with Eddy Widjanarko from APRISINDO, the Indonesian Footwear Association. Watch the new episode of the World Footwear Voices

361 Degrees provides fourth quarter update

Jan 18, 2024 / China
The Chinese-based company has issued an operational update on its fourth quarter performance, with retail sales of its 361º Kids brand standing out with 40% year-over-year growth

Global slowdown in international footwear trade

Premium ContentJan 17, 2024 / World Footwear Reports
A sluggish demand in two of the main areas for footwear consumption, the US and Europe, resulted in a global slowdown in international trade throughout 2023. Check the snapshot of the performance of the main players with the figures known so far

Wolverine Worldwide sells Asian assets for 70 million USD

Dec 20, 2023 / United States
As part of its ongoing transformation strategy, the US-based footwear company announced the sale of some assets in Asia, which will generate a total of 70 million US dollars in proceeds

Birkenstock names new managing director for Greater China

Nov 15, 2023 / Germany
The German-based company has appointed Tiffany Wu to the newly created position of Managing Director of Greater China. Her aim will be to strengthen the company’s presence in the region

Ferragamo acquires minority stake in three Greater China joint ventures

Nov 2, 2023 / Italy
The Board of Directors of the luxury group has announced the purchase of the minority interests held by Imaginex Holdings and Imaginex Overseas in the three Greater China joint ventures

China and Belarus to strengthen bilateral cooperation in the leather sector

Sep 19, 2023 / China
The China Leather Industry Association and the Belarusian State Light Industry Agency have signed a cooperating agreement to promote bilateral leather trade between the two countries

ACLE returned to Shanghai to inject optimism into the leather industry

Sep 8, 2023 / China
After a four-year absence, the All China Leather Exhibition (ACLE) returned to Shanghai at the end of August to fuel some optimism in the midst of a difficult time for the Chinese leather industry

361 Degrees posts double-digit revenue growth

Sep 7, 2023 / China
The Chinese-based activewear company recorded an 18% revenue increase in the first semester of the year, as compared to the same period in 2022, driven by a boost in domestic consumption
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