World Footwear

Germany

Peter Kaiser files for insolvency

Sep 23, 2020 / Germany
Peter Kaiser Schuhfabrik has filed for insolvency in Pirmasens (Germany). The protective procedure will allow the company to continue trading while it restructures

Gallery exceeds expectations

Sep 4, 2020 / Germany
A much higher frequency than expected at Germany’s first fashion tradeshow of the season in Düsseldorf has been reported by the organisers of Gallery

September's ILM is cancelled

Sep 3, 2020 / Germany
The trade fair due to take place from the 5th to the 7th of September has been cancelled. The city of Offenbach has withdrawn the permission from Messe Offenbach GmbH for the ILM due to the development of the COVID-19 situation in the region

adidas nearly doubles e-commerce sales

Aug 13, 2020 / Germany
The second quarter was marked by revenue down by 34%, as a result of the COVID-19 pandemic and the very large number of store closures. At the same time, the company experienced exceptional growth in online sales

US remains by far the world’s largest importer of footwear

Premium ContentAug 11, 2020 / World Footwear Yearbook
This is one of the conclusions of the World Footwear 2020 Yearbook, recently published by APICCAPS and containing a deep analysis of the footwear industry in 2019. The publication also contains Country Profiles for 84 markets

Changes at adidas Supervisory Board

Aug 10, 2020 / Germany
Thomas Rabe is the new Chairman of the Supervisory Board – Igor Landau’s term of office ends after 16 years – and Christian Klein was newly elected to the Supervisory Board

Kasper Rorsted confirmed as CEO of adidas for more 5 years

Aug 6, 2020 / Germany
The Supervisory Board of adidas AG has extended the appointment of Chief Executive Officer Kasper Rorsted by another five years until the 31st of July 2026. Kasper Rorsted has been a member of the adidas Executive Board and the company's CEO since 2016

Moda Made in Italy is cancelled

Jul 29, 2020 / Germany
The Munich event scheduled for September has been cancelled. Assocalzaturifici said that the German market, of fundamental importance for the Italian footwear industry, will now be served by the new digital opportunities

ILM: September edition confirmed

Jul 1, 2020 / Germany
Germany-held leather goods trade fair will take place, as initially scheduled, from the 5th to the 7th of September in Offenbach

Gallery Shoes goes back to original date

Jun 12, 2020 / Germany
New dates on different days of the week for the special format chosen to gather the events Gallery Fashion, Showroom Concept & Gallery Shoes. Gallery Shoes goes back to the dates originally scheduled

Germany: VAT cut to stimulate consumption

Jun 10, 2020 / Germany
The value-added tax (VAT) rate on non-food products is being reduced from 19% to 16%, starting from the 1st of July. The measure should be in place for the rest of the year and aims to give a boost to consumption and the economy

adidas: business in China returns to growth

Jun 4, 2020 / China
In Greater China, adidas' first major market on the road to recovery, all stores have been open since mid-April. While store traffic remained below the prior year level in May, sales returned to growth

Zalando is expecting 2020 revenue to be up by 10%-20%

Jun 2, 2020 / Germany
The online platform issued a new full-year guidance considering the impact of the Covid-19 pandemic and says it expects gross merchandise volume (GMV) and revenues to grow by 10%-20%

Picard calls for creditors’ protection

May 21, 2020 / Germany
The Germany-based leather goods label has moved to ask for creditors' protection. The company took the hit of the Covid-19 crisis as most of the retail locations with their products are now closed

Von Wellx shifts production from China to India

May 21, 2020 / India
The Germany-based manufacturer is moving its production from China to India. The project can create thousands of jobs in the Uttar Pradesh region
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