World Footwear

Hong Kong

Stella posts growth over 2021

Jan 19, 2022 / Hong Kong
The Hong Kong-based footwear manufacturer and retailer has reported that its unaudited consolidated revenue for 2021 increased by 35.6% over 2020, reaching 1.54 billion US dollars

Pou Sheng strengths partnership with Nike in China

Jan 18, 2022 / China
Yue Yuen’s retail subsidiary Pou Sheng International has boosted its cooperation with Nike to offer a more convenient and personalized omnichannel retail experience

Yue Yuen with revenue slowdown

Nov 18, 2021 / Hong Kong
The group has announced results for the first nine months of 2021. Growth slowed down in the third quarter due to disruptions in manufacturing operations in Vietnam and weak retail sales

Clarks CEO leaves after less than a year in the role

Nov 15, 2021 / United Kingdom
Víctor Herrero will now join Australian jewellery group Lovisa. The Melbourne-based group announced the appointment, saying Mr. Herrero would come on board as soon as COVID19 restrictions allowed

Li Ning to acquire Amedeo Testoni

Nov 12, 2021 / Hong Kong
Viva China Holdings Limited, the parent group of Clarks is consolidating its position in the footwear market, this time by acquiring Italian brand Amedeo Testoni. The deal should amount to 5.6 million euros

361 with new business update

Oct 20, 2021 / Hong Kong
The Board of the Hong Kong based footwear company has reported growth for the third quarter of the current year. The kids segment presented two digits growth

Special edition of APLF to be held in Dubai in 2022

Oct 13, 2021 / United Arab Emirates
Organisers announced that APLF-Leather and Materials+ 2022 will be relocated from Hong Kong to Dubai. The events will take place by the end of March 2022 at the Dubai World Trade Centre

APLF Leather 2021 rescheduled to March 2022

Jul 28, 2021 / Hong Kong
In order to allow greater international participation, the management of APLF and its sister Hong Kong events has taken the decision to reschedule the events to 2020, from the 30th of March to the 1st April

New business update from 361 Degrees

Apr 20, 2021 / Hong Kong
The Board of the Hong Kong based footwear company has provided an operational update for its business segments in regards to the group's business for the first quarter of 2021

Yue Yuen’s sales down by 16% in 2020

Mar 28, 2021 / Hong Kong
During the year under review, the group recorded revenue of 8.44 billion US dollars, representing a decrease of 16.4% compared with the previous year. The fall in revenue was mostly attributed to the impact of the COVID-19 pandemic

Revenue down by 26.5% in 2020 at Stella

Mar 19, 2021 / Hong Kong
The group’s consolidated revenue for the year ended on the 31st of December 2020 declined by 26.5% to 1 135 million US dollars, while shipment volumes for the year declined by 26.9% to 43.4 million pairs

Clarks: majority stake acquisition completed and new CEO named

Mar 17, 2021 / Hong Kong
The Hong Kong-based private equity firm LionRock Capital has completed its investment in Clarks. The deal, announced back in November, amounts to 100 million British pounds

Hong Kong: APLF Fairs reschedule to November 2021

Mar 17, 2021 / Hong Kong
The Organisers of APLF announced today that the APLF-Leather, Materials+ and Fashion Access will be rescheduled from the 5th-7th July 2021 to the 17th-19th of November 2021. The events will take place, as usual, in Hong Kong

Li Ning’s unit Viva China to acquire majority stake at Clarks

Jan 29, 2021 / United Kingdom
The Chinese gymnast-turned-businessman Li Ning is about to take control of the British shoemaker less than a month after Clarks sold a majority stake to the Hong Kong-based private equity firm LionRock Capital, of which Li is Non-Executive Chairman

How is COVID-19 impacting the footwear industry in different countries?

Premium ContentJan 26, 2021 / World
With the world fast approaching 100 million cases of infected people and with vaccination now in place in several countries, we did a round of conversations with footwear associations across the world to understand what the current situation of the footwear industry is in their countries, and to learn where and in what conditions are footwear stores open
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