World Footwear

Investment

New collaborative project presented by the Portuguese industry

Dec 21, 2017 / Portugal
The FAMEST project was formally presented by the Portuguese Footwear and Fashion Cluster last November

Flex’s new factory to add thousands of jobs

Dec 1, 2017 / Mexico
The multinational manufacturer expects to create 6 000 jobs at its new plant in Jalisco. The new factory will be dedicated to make high-tech footwear for Nike

Indonesian authorities call for quality, design and branding

Nov 9, 2017 / Indonesia
Ngakan Timur Antara, Head of the local Agency for Industrial Research and Development, said it is important for the country’s footwear industry to improve several attributes in order to claim a bigger share of the global footwear market

Kering might be considering Puma’s sale

Nov 9, 2017 / United States
Luxury group Kering has appointed the financial services group Rothschild & Co. to handle the potential sale of Puma, the sportswear brand from the group’s portfolio

Aldo Camuto deal is off

Nov 3, 2017 / Canada
The acquisition of the footwear business of the Camuto Group by footwear company Aldo is not progressing. Aldo announced it saying both parties have decided not to pursue. Both brands plan to continue working as partners

Obuv Rossii raises 100 million USD in IPO

Nov 1, 2017 / Russian Federation
One of the main players in the mid-price footwear segment in Russia has held an IPO on the Moscow Exchange, raising 100 million US dollars in the operation

Khadim India IPO opens in November

Oct 26, 2017 / India
The India-based footwear retailer will have a three days initial public offering period with an aim to raise capital, now that its private equity fund is leaving the business

UNIDO to support development of textile and footwear in Armenia

Jul 25, 2017 / Armenia
According to the Armenian News Agency UNIDO will set up a program providing 2 million US dollars for the development of the textile and footwear industries in the country

Bangladesh’s new policy to boost exports

Jun 19, 2017 / Innovation
The local authorities seem to be focusing on new policies to reinforce the leather goods and footwear manufacturers capacity and in that way boost exports

Liberty Shoes Chairman urges lower taxes

May 6, 2017 / India
Adesh Gupta, Chairman and Chief Executive Officer at Liberty Shoes Ltd., claimed a lower rate of the Goods and Services Tax on branded footwear

Sports Direct ups its stake in Debenhams

Apr 4, 2017 / United Kingdom
One of the largest sports-goods retailer in the UK has just made a strategic investment in the department store giant

Leather industry in Pakistan must focus on technology

Mar 31, 2017 / Pakistan
This was defended by the Leather Working Group during a seminar dedicated to the industry in Pakistan

Endless acquires Jones

Mar 29, 2017 / United Kingdom
The UK-based private equity investor has acquired the business and assets of Jones Bootmaker

Uzbekistan sets output target for the next four years

Jan 5, 2017 / Uzbekistan
According to the local authorities the Leather and Footwear Industry of Uzbekistan intends to produce output worth 1.68 billion US dollars in the next four years

Indian leather industry needs to be encouraged

Jan 4, 2017 / India
According to the local media, claims are being made to apply exemption from the Goods and Services Tax (GST) for some products, namely leather
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