World Footwear

China

Luxury hit a rough patch

Premium ContentOct 1, 2024 / World
Looking back on the first half of the year, it would be hard to argue that luxury is in for a smooth ride. Will this challenging period continue? And for how long?

UITIC unveils theme and programme for next Congress

Sep 24, 2024 / UITIC
The 22nd edition of the UITIC Congress will be held in Shanghai in August 2025, focusing on the footwear industry’s competitiveness and sustainability in an age of artificial intelligence

China and Pakistan sign milestone leather industry agreement

Sep 18, 2024 / China
The Pakistan Tanners Association (PTA) and the China Leather Industry Association (CLIA) have signed a memorandum of understanding, marking a new chapter in the Sino-Pak leather industry cooperation

Temu’s owner warns of slowing growth ahead

Sep 4, 2024 / China
The Chinese e-commerce group PDD Holdings has reported a strong performance in the second quarter of 2024. However, it has also warned of challenges ahead as growth slowed on a quarter-on-quarter basis

Allbirds strengthens partnership with the Chinese Belle Fashion Group

Aug 8, 2024 / United States
The Californian-based sustainable footwear brand has announced that Belle Fashion Group has been appointed its exclusive distributor and licensee in mainland China, Macau and Taiwan

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
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