World Footwear

France

Hermès confirms new factory in Auvergne

Sep 23, 2020 / France
With this announcement, the brand reaffirms its regional anchor in the Auvergne region. The new workshop will join the Maroquinerie de Sayat to form Hermès seventh leather goods hub. 250 jobs due to be created

Maison Margiela and Reebok in multi season partnership

Sep 21, 2020 / France
The Paris-based luxury house and the sports giant, owned by adidas, have entered into a partnership, which will focus on expanding the limits of footwear, inspired by our collaboration dedicated to experimental and progressive craftsmanship

Nicolas Kirkwood to become independent from LVMH

Sep 18, 2020 / France
The British-based footwear designer and the French luxury conglomerate LVMH will go separate paths going forward. LVMH acquired the Nicolas Kirkwood label in 2013

LVMH not to go ahead with Tiffany deal

Sep 9, 2020 / France
The French luxury goods giant LVMH has said it is not proceeding with the deal to acquire the US-based jeweller Tiffany & Co. Tariffs fight between the US and France might have contributed to the decision

Première Vision turns digital

Aug 31, 2020 / France
The upcoming edition of Première Vision Paris will now be held in a digital format on the previously scheduled dates, from the 15th to the 16th of September

Chanel buys Conceria Gaiera

Aug 5, 2020 / Italy
This new deal will contribute to increasing Chanel’s control on the supply chain of leather. The French luxury brand had already made similar deals in the past

Hermès: revenue dives by 41% in the second quarter

Jul 31, 2020 / France
At the end of June, revenue for the semester was down by 24% at current exchange rates. In the second quarter revenue was down by 41%, as Hermès took the hit of the COVID-19 pandemic

Kering with double-digit drop in revenue

Jul 30, 2020 / France
The luxury group announced the results for the first half of the year, marked by double digit decline in revenue. Kering named this the toughest period they ever faced

LVMH with 84% decline in net profit sees recovery in China

Jul 28, 2020 / France
In the first half of the year, LVMH Moët Hennessy Louis Vuitton recorded revenue of 18.4 billion euros in the first half of 2020, down by 27%. Net profit was down by 84% in the period. However, the group already witness recovery in China

Messe Frankfurt France is providing a new digital platform

Jul 13, 2020 / France
The organiser of the international textile fairs Messe Frankfurt France teamed up with Foursource to offer a digital platform for Fashion fairs: Apparel Sourcing, Avantex, Leatherworld, Shawls&Scarves, Texworld and Texworld Denim Paris

Brazil: footwear exports increased in June compared to May

Jul 9, 2020 / Brazil
After four consecutive months of decline, footwear exports from Brazil increased in June compared to the previous month, in both volume and value. When compared to similar period last year, the decline rate in pairs and revenue was above 40%

JB Martin closes doors

Jul 7, 2020 / France
JB Martin, born 99 years ago in Fougères and a historic player in the French footwear industry disappears as the brand was liquidated by the Paris Commercial Court at the beginning of June

Kering announces new additions to the Board of Directors and publishes Biodiversity Strategy

Jul 6, 2020 / France
Kering’s shareholders have approved the appointment of Ms. Jean Liu, Mr. Tidjane Thiam and Ms. Emma Watson as Directors during their Annual General Meeting. The luxury group also published its biodiversity strategy and announces its targets

New appointment to Richemont Senior Executive Committee

Jul 1, 2020 / France
Philippe Fortunato has been nominated to head the fashion and accessories division of the luxury group, which includes brands such as Chloé, Dunhill or Montblanc, amongst others

Messe Frankfurt France cancels September 2020 shows

Jun 23, 2020 / France
The event’s organisers announced they will not go ahead with the September 2020 edition of its co-locating tradeshows Apparel Sourcing, Avantex, Leatherworld, Shawls&Scarves, Texworld and Texworld Denim Paris
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