World Footwear

France

Record results for LVMH

Jan 30, 2019 / France
LVMH Moët Hennessy Louis Vuitton recorded revenue of 46.8 billion euros in 2018, an increase of 10% over the previous year. Organic revenue growth was 11%. All business groups recorded excellent performances

Vivarte: restructuring is over

Jan 4, 2019 / France
The words are from Patrick Puy, Vivarte CEO. The French-based group announced the final results for financial 2018, marked by a reduction of the net loss and the group's financial debt

Longchamp welcomes new people

Dec 27, 2018 / France
As dozens of workers retire every year the premium French leather goods label is looking to welcome new people for their workshops. No specific skills are required, besides motivation

Footwear exports interrupt falling trend in Brazil

Dec 17, 2018 / Brazil
According to Abicalçados, the Brazilian Shoe Manufacturers Association, in November 10.54 million pairs were sent abroad for 84.78 million US dollars, up by 6.6% in volume and 1.6% in value. However this wasn't enough to recover from the accumulated drop in the year

11% organic revenue growth for LVMH

Oct 12, 2018 / France
LVMH Moët Hennessy Louis Vuitton recorded a 10% increase in revenue, reaching 33.1 billion euros in the first nine months of 2018. Organic revenue grew by 11% compared to the same period in 2017

Longchamp inaugurates sixth workshop in France

Oct 5, 2018 / France
French leather goods manufacturer Longchamp has inaugurated its sixth workshop in France, while embracing the challenge of finding new employees to recruit and train for its production

Jordan partners with Paris Saint-Germain

Sep 18, 2018 / France
In the last few years, the Jordan Brand has been a growing presence in Paris. A Jordan-only store (Jordan Bastille) opened in 2016 and in the following year the brand announced a partnership with the French Basketball Federation

Hermès with strong sales growth

Jul 25, 2018 / France
The French-based luxury group announced consolidated revenue for the first half of 2018 amounting to 2.853 billion, up by 11% at constant exchange rates and by 5% at current exchange rates. Sales growth was solid and particularly sound in the group's stores (+11% at constant exchange rates)

Masayuki Ino wins the LVMH prize

Jun 14, 2018 / France
The Japanese designer, creator of the streetwear brand Doublet, has been awarded the fifth annual prize for young designers by LVMH

Richemont sells Lancel to Piquadro

Jun 13, 2018 / Switzerland
Switzerland-based luxury goods holding company Compagnie Financiere Richemont SA confirmed it has sold its French leather-goods subsidiary Lancel to Italian-based company Piquadro SpA

Louboutin wins EU court battle to trademark red soles

Jun 13, 2018 / France
The European Court of Justice ruling grants protection to the world-famous red soles by the French-based designer

Brazilian Footwear elects seven target markets

May 31, 2018 / Brazil
The Brazilian Shoe Manufacturers Association (Abicalçados), the Brazilian Trade and Investment Promotion Agency (Apex-Brazil) and the members of the Brazilian Footwear program (maintained by those entities) promoted a meeting to select target markets for the next two years

LVMH invests in luxury platform Lyst

May 25, 2018 / France
Fashion research platform Lyst announced the participation of the LVMH group in a new round of funding. Although the details of the deal have not been revealed, investment should amount to 50 million euros

Global footwear together for free and fair trade

May 24, 2018 / World
Wishing to give a strong signal against the protectionist movements recently emerging in several parts of the globe, representatives of footwear national associations and industry chambers of various continents signed a joint declaration in support of free and fair trade

Kering with strong revenue growth

Apr 30, 2018 / France
The group's consolidated revenue in the first quarter of 2018 totaled 3 107.8 million euros, up by 27.1% as reported and 36.5% on a comparable basis
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