World Footwear

China

VF creates new position of President Greater China

Jul 3, 2020 / China
With a specific focus on advancing its stated strategy of growing its business in China, VF has created the new position of President, Greater China. VF will announce the leader appointed to this position later this summer

33% of supply chain leaders moved business out of China or plan to do it by 2023

Jun 30, 2020 / United States
A Gartner survey with 260 global supply chain leaders held in February and March 2020 found that 33% had moved sourcing and manufacturing activities out of China or are planning to do so in the next two to three years

China Leather Industry Association expects rapid growth

Jun 10, 2020 / China
Li Yuzhong, Chairman of China Leather Industry Association (CLIA), said the daily life of the public in China has basically returned to normal and that he consumer market has become more active

adidas: business in China returns to growth

Jun 4, 2020 / China
In Greater China, adidas' first major market on the road to recovery, all stores have been open since mid-April. While store traffic remained below the prior year level in May, sales returned to growth

China: Jimmy Choo returns to last year sales levels

Jun 3, 2020 / China
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

Von Wellx shifts production from China to India

May 21, 2020 / India
The Germany-based manufacturer is moving its production from China to India. The project can create thousands of jobs in the Uttar Pradesh region

Stella's revenue down by 16% in quarter one

May 11, 2020 / Hong Kong
One of the largest footwear manufacturers reported first quarter revenue down by 16%. Stella was also impacted by the outbreak of the Covid-19 in China and diffusion across the world

Chic went digital

May 6, 2020 / China
Chic Online premiered from the 22nd to the 24th of April. The first digital edition of China's fashion and lifestyle fair registered over 1 350 exhibitors engaged in more than 100 online activities

India: leather industry asks the Government for a lockdown exit plan

May 1, 2020 / India
One of the key players in the leather industry is now asking the Government to set a plan for the sector once the lockdown is exited next week. The Council for Leather Exports is urging for measures

Trump administration announces 90-day duty payment delay

Apr 21, 2020 / United States
The announcement was well received but the footwear industry associations claim an extension to all goods, as any products facing punitive tariffs imposed by the administration in its trade war with China are excluded

Andrew Tam appointed as CFO of Stella International

Apr 17, 2020 / Hong Kong
Don Lee is retiring as CFO and will become a consultant to the Group. Andrew Tam will take on the position from April 2020 onwards

Hermès: one China store with 2.7 million US dollars sales in one day

Apr 15, 2020 / China
WWD is reporting that Hermès China's second-largest Guangzhou flagship has registered 2.7 million US dollars in sales on the reopening day

Tapestry stores continue closed in many locations but China re-opened

Apr 14, 2020 / United States
Tapestry has extended store closures in North America and Europe for an additional two weeks (through the 24th of April). Stores in China have re-opened

Chic announces new date and new location

Apr 13, 2020 / China
The event initially scheduled for March, and which should take place as normally in Shanghai, will now take place in Shenzhen in July

Puma stores reopen in Wuhan

Apr 8, 2020 / China
The giant sporstwear brand has re-opened its store in Wuhan, China, the city where the coronavirus was first reported. The company plans to re-open its five other stores in the greater Wuhan region by mid-April
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