World Footwear

China

China’s share in footwear production down by 13% in a decade

Premium ContentSep 16, 2021 / World
China is the unquestionable leader in footwear production, having achieved a share in the world total of 54.3% in 2020. This translated into more than 11 billion pairs produced by China last year. However, in a decade, the share of China in global footwear production was down by 13%, corresponding to more than 8 percentage points lost and going down from a 62.4% share in 2010

China enters the top 10 of footwear importers

Premium ContentSep 14, 2021 / World Footwear Yearbook
Data is taken from the World Footwear 2021 Yearbook released by APICCAPS, the Portuguese Footwear Association. The publication gives you the most complete picture of the footwear industry

Getting ready for the 2021 Global Footwear Sustainability Summit

Sep 14, 2021 / China
The new edition of the event will be held virtually from the 20th to the 22nd of October, between 8h30am and 1pm (CET - Central European Time). Workshops & Mingling sessions will also be part of the event

New appointments for JD.com and JD Retail

Sep 9, 2021 / China
The online retailer has announced Mr. Lei Xu as President of JD.com, Mr. Lijun Xin as CEO of JD Retail and Mr. Enlin Jin as CEO of JD Health International Inc.

Yue Yuen raises sales

Sep 8, 2021 / China
The China-based footwear giant has announced first semester results marked by the increase in sales of 17.7%. The group talks about the recovery from the low base registered a year ago

Alibaba with 34% revenue growth

Aug 13, 2021 / China
The Chinese-based ecommerce giant has announced results for the quarter ended on the 30th of June 2021. In the period, revenue of Alibaba totalled 205.740 billion Renminbi (31.87 billion US dollars), an increase of 34% year-over-year

Asia accounts for more than half of global footwear consumption

Aug 10, 2021 / World Footwear Yearbook
In 2020 Asia’s consumption accounted for more than half (55.8%) of the grand total worldwide. Data is taken from the World Footwear 2021 Yearbook just released by APICCAPS, the Portuguese Footwear Association

Steve Madden shifts production from China to Mexico and Brazil

Aug 5, 2021 / United States
Driven by recent supply chain disruptions, American footwear brand Steve Madden has relocated about half of its women’s production to Mexico and Brazil from China. According to Business of Fashion (BoF) this will impact the Fall Season collection

Anta Sports donates 7.7 million US dollars to flood-hit Henan

Aug 5, 2021 / China
On the back of the recent severe rainstorm in Henan Province the group has made the donation (cash and equipment) to the Henan Charity Network to support the frontline rescue work in the affected area and help the victims resume a normal life

Solid growth for Stella

Jul 23, 2021 / China
Unaudited consolidated revenue increased by approximately 58.1% to 392.1 million US dollars for the three months ended on the 30th of June 2021 and increased by 36.1% to 695.5 million US dollars for the six months ended on the same day

Yue Yuen: revenue increases by 26.6%

Jun 21, 2021 / China
Revenue in the first three months of 2021 increased 26.6% to 2.49 billion, compared to the corresponding period of last year. Profit was 85.4 million US dollars, compared with a loss of 56.3 million US dollars attributable in the same period of last year

Fosun Fashion Group to acquire Italian shoemaker Sergio Rossi

Jun 10, 2021 / China
The global luxury fashion group FFG based in China announced it has signed an agreement to acquire 100% of Italian luxury footwear brand Sergio Rossi from Absolute Luxury Holding S.r.l., an independently-managed investment subsidiary of Investindustrial V L.P.

Stella: shipment volume and revenue improve from low base in 2020

Apr 30, 2021 / China
In a business update provided to the market, Stella confirmed the Group’s unaudited consolidated revenue increased by 15.3% to approximately 303.4 million US dollar, compared to approximately 263.2 million US dollar for the corresponding period in 2020

Two digits monthly increase for Yue Yuen' sales

Apr 20, 2021 / China
The Chinese footwear giant has announced two digits increase in sales registered in the month of March 2021. The first quarter of the new fiscal year also marked by recovery

CHIC Shanghai to start on the 17th of March

Mar 8, 2021 / China
Due to new regulations to control the infection rate the fair will take place from the 17th to the 19th of March 2021. Originally, the fair was annnounced to take place from the 10th to the 12th of March
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