World Footwear

China

CHIC Greater Bay Area 2022 postponed to 2023

Sep 30, 2022 / China
Due to rising COVID-19 cases in Shenzhen, CHIC GBA (Greater Bay Area), scheduled to take place from the 2nd to the 4th November 2022, will be postponed to 2023

Realignment of CHIC trade fairs

Sep 29, 2022 / China
CHIC China International Fashion Fair, one of Asia's most important fashion fair, is realigning itself. With three editions a year in Shanghai and Shenzhen, CHIC aims to provide an universal platform for the entire fashion industry and trade

Mexico: footwear exports on track to grow by more than 50% this year

Sep 27, 2022 / Mexico
The Mexican footwear industry estimates to export between 32 and 35 million pairs by the end of 2022, which would reflect a growth year-over-year of more than 50%

Peru extends anti-dumping duties on Chinese footwear

Sep 22, 2022 / Peru
The National Institute for the Defense of Competition and the Protection of Intellectual Property (Indecopi) announced the extension of the anti-dumping duties for imported footwear from China until 2026

Chinese leather industry grows in the first half

Sep 6, 2022 / China
Data from China's Ministry of Industry and Information Technology indicates a steady growth in the leather industry in the first half of 2022

Shanghai: fashion retailers struggle to clear stock

Jun 30, 2022 / China
Almost a month since Shanghai lifted the strict COVID-19 lockdown, stores are struggling with piles of unsold stock, as wary consumers avoid shopping districts

Yue Yuen posts revenue decline

May 18, 2022 / Hong Kong
The group informed that despite global strong demand for its products, revenue was down by 4.% in the first quarter of 2022 due to COVID-19 outbreaks in Mainland China

Omicron outbreak in China raises fears of more supply chain disruptions

Mar 21, 2022 / China
Chinese authorities are imposing new COVID-19 restrictions to fight the surge of Omicron-variant infections, which is raising concerns over further disruptions to the global supply chain

China’s personal luxury market grew by 36% in 2021

Feb 4, 2022 / China
Chinese consumers spent around 471 billion yuan (74.3 billion US dollars) on personal luxury goods last year, despite challenges posed by the COVID-19 pandemic

Pou Sheng strengths partnership with Nike in China

Jan 18, 2022 / China
Yue Yuen’s retail subsidiary Pou Sheng International has boosted its cooperation with Nike to offer a more convenient and personalized omnichannel retail experience

Shortage of raw materials threatens Indonesian footwear industry

Dec 3, 2021 / Indonesia
The footwear industry fears a raw materials’ crisis due to the ongoing energy crisis in China, which is causing a delay in deliveries. The sector remains very dependent on Chinese products

Li Ning to acquire Amedeo Testoni

Nov 12, 2021 / Hong Kong
Viva China Holdings Limited, the parent group of Clarks is consolidating its position in the footwear market, this time by acquiring Italian brand Amedeo Testoni. The deal should amount to 5.6 million euros

ACLE to be rescheduled to 2022

Nov 11, 2021 / China
The organisers of All China Leather Exhibition 2021 have taken the decision to reschedule the event, due to be held at the Shanghai New International. ACLE will now be held from the 31st of August to the 2nd of September in 2022

Vietnam is now the main exporter of textile footwear

Oct 14, 2021 / World Footwear Yearbook
For the first time since the World Footwear Yearbook was launched ten years ago, China is not leading the exports of one of the main categories of footwear exports

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

Oct 5, 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
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