World Footwear

France

France bans dumping unsold fashion items

Feb 24, 2020 / France
Companies in the country to be banned from destroying clothes, cosmetics and other items

Kering announces year of sustained profitable growth

Feb 12, 2020 / France
The French-based luxury goods group, owning brands such as Gucci, Saint Laurent and Bottega Veneta, amongst others, posted record sales in 2019, with double digit growth in revenue

Louis Vuitton and NBA in partnership

Jan 22, 2020 / France
The France-based luxury label has announced a partnership with the US National Basketball Association (NBA). Louis Vuitton will also become the official Trophy Travel Case Provider

Brazilian exports cross the 965 million US dollars threshold

Jan 10, 2020 / Brazil
Data gathered by the Brazilian Footwear Industries Association (Abicalçados) indicates that 114.55 million pairs of shoes were shipped abroad between January and December, generating 967 million US dollars in exports in 2019

Saint Laurent to open new leather goods factory in Italy

Jan 10, 2020 / Italy
French luxury brand Saint Laurent, which belongs to the Kering group, will open a new location for handbags and wallets near Florence

LVMH names Hélène Valade Director of Environment

Jan 9, 2020 / France
French luxury group LVMH has just appointed Hélène Valade as Director of Environmental Development. The executive replaces Sylvie Bénard, who will retire after 26 years in office

LVMH acquires stake in Masoni tannery

Jan 3, 2020 / Italy
The French-based luxury group acquired a minority stake in the Santa Croce sull'Arno (Florence) tannery Masoni Industria Conciaria SpA stock package. The deal was made through the LVMH division Métiers d' Art

Growth of Brazilian exports driven by US market

Dec 17, 2019 / Brazil
Between January and November this year 104.2 million pairs of shoes were exported by Brazil, resulting in revenue of 886.3 million US dollars. The US market continues to grow

Massimo Piombini leaves Balmain

Dec 5, 2019 / France
The company's CEO has stepped down after two years in the job. A new CEO is expected to join Balmain in February next year

Louis Vuitton buys Tiffany for 16 billion US dollars

Nov 27, 2019 / France
The companies have entered into a definitive agreement whereby LVMH will acquire Tiffany for 135 US dollars per share, resulting in a deal of 14.7 billion euros or 16.2 billion US dollars

Institut Français de la Mode inaugurated IFM - Kering Sustainability Chair

Nov 25, 2019 / France
The event was attended by François-Henri Pinault, Chairman and CEO of Kering and Xavier Romatet, Dean of IFM

Most expensive shopping streets revealed

Nov 15, 2019 / World
According to a recent study by Cushman & Wakefield commercial leases in Causeway Bay in Hong Kong are the most expensive in the world

Marche et démarche, une histoire de la chaussure

Nov 11, 2019 / France
This is the name of a new exhibition by the Musée des Arts Décoratifs in Paris. On display since the 7th of November, the works can be viewed until February 2020

Robust growth for Hermès

Nov 4, 2019 / France
For the third quarter of the current fiscal year Hermès' consolidated revenue totalled 5 012 million euros, up by 16% at current rates. Leather Goods and Saddlery up by 12%

Kering with 14.2% revenue's growth

Oct 30, 2019 / France
The luxury house posted consolidated revenue of 3 884.6 million euros in the third quarter, corresponding to 14.2% growth
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