Companies
US-China phase one trade deal announced
As part of the deal, the tariffs on the first 250 billion US dollars in trade will not increase to 30% on Tuesday as planned
LVMH with 16% revenue growth
Moët Hennessy Louis Vuitton, one of the world’s leading luxury products group, recorded a 16% increase in revenue, reaching 38.4 billion euros in the first nine months of 2019
Expo Riva Schuh and Gardabags strengthen global focus
From 11th to 14th January 2020 Expo Riva Schuh and Gardabags welcome fashion professionals from over 100 countries to a hub with an integrated offer of volume footwear and accessories
US is the main destination of Brazilian footwear exports
According to data prepared by the Brazilian Footwear Industries Association (Abicalçados), 9.47 million pairs were shipped in August, 7.4% more than in the same month of 2018
Hermès in expansion mode
The French-based luxury house announced the creation of a new leather goods workshop straddling the villages of Tournes and Cliron (Ardennes) by 2022
Australia: retail turnover improves
Australian retail turnover rose by 0.4% in August 2019, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures
Francal Ablac Show announced
Francal and Ablac teamed up with an aim to stimulate the footwear market and unite the entire production chain
Indonesia wants to stimulate the manufacturing activity
The local Government and the Bank Indonesia have agreed six strategic measures to accelerate manufacturing industry strengthening efforts
Bangladesh: exports performance above target set
The country’s leather industry registered a total of 106.10 million US dollars’ worth of exporting revenue in the first month of the new financial year. The target set was exceeded
Pakistan with double-digit growth in exports
The Asian country started a new financial year with a positive performance for its footwear exports. Double digit increase in volume and value was registered
Kering: another step away from Puma
Kering launches an offering of bonds exchangeable into existing ordinary shares of Puma due 2022 for a nominal amount of 500 million euros. Another step by Kering to reduce its remaining stake in Puma
World Footwear Yearbook content: Top exporters
Despite all the movements in the footwear industry and the instability felt in the markets, in 2018 the list of main footwear exporters remained similar to the previous year. Data is from the World Footwear Yearbook 2019
VF Corp wants to mitigate the global climate crisis
With a new leader for Sustainability taking the reigns of the theme inside the group, VF continues their environemy oriented actions and says it is ready to lead the way towards new approaches-
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Footwear Consumer 2030
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