World Footwear

Italy

Etro nominates new CEO

Sep 20, 2021 / Italy
The Italian-based fashion house has announced that Fabrizio Cardinali will take on the role of Chief Executive Officer, effective fourth quarter of 2021. Cardinali is the first CEO appointed under the new owners of Etro, L Catterton

China’s share in footwear production down by 13% in a decade

Premium ContentSep 16, 2021 / World
China is the unquestionable leader in footwear production, having achieved a share in the world total of 54.3% in 2020. This translated into more than 11 billion pairs produced by China last year. However, in a decade, the share of China in global footwear production was down by 13%, corresponding to more than 8 percentage points lost and going down from a 62.4% share in 2010

Prada and Theaster Gates launch Dorchester Industries Experimental Design Lab

Sep 16, 2021 / Italy
The three-year collab initiative aims at amplifying the work of emerging and established artists of colour through awards and public programming. The space will be located in Chicago

Ferragamo: sales near pre-COVID levels

Sep 9, 2021 / Italy
The Italy-based luxury house reported that in July and August its retail sales were close to levels recorded before the outbreak of the COVID-19 pandemic, after returning to operating profit in the first half of 2021

Tod's results driven by e-commerce, Greater China and Roger Vivier

Sep 9, 2021 / Italy
The Italy-based luxury house talks about strong sales results and profitability recovery in the first half of 2021. Results were driven by the performance of the e-commerce channel, Greater China and the Roger Vivier brand

Geox is closing its Serbian factory

Aug 11, 2021 / Serbia
The Italy-based company is closing down its Serbian plant in Vranje. The decline in demand for formal men’s and women’s shoes is pointed as the reason for the closure

Ferragamo's revenue up by 44.1%

Jul 22, 2021 / Italy
The increase in revenue has been achieved despite the permanence, in some countries, of lockdowns and bans driven by COVID-19. On the 30th of June 2021, Ferragamo was operating with 53% of retail stores at full capacity

Latest edition of Expo Riva Schuh comes to a positive close

Jul 21, 2021 / Italy
2 700 visitors from 79 different countries and 406 exhibiting companies marked the 3 days of the Riva del Garda trade fair, in its return to an onsite event

L Catterton acquires majority stake in Italian-based Etro

Jul 19, 2021 / Italy
Under the agreement, L Catterton Europe will acquire a majority stake in the company, while the Etro family will retain a significant minority. Founder Gerolamo Etro will be appointed as Chairman

Assomac confirms Simac Tanning Tech physical exhibition

Jul 9, 2021 / Italy
Simac Tanning Tech is an international exhibition for Footwear, Tanning and Leather manufactures’ technology. It will be held from 22nd to 24th September 2021, in Rho Fiera Milano pavilion, together with Lineapelle, Micam and Mipel events

Ferragamo with 10% growth in sales

Jul 6, 2021 / Italy
As of the 31st of March 2021, the Salvatore Ferragamo Group reported total revenue of 245 million euros, up by 10.3% at current exchange rates (+13.0% at constant exchange rates), which compares with 222 million euros recorded in the first quarter of 2020

Lineapelle returns to physical format

Jul 2, 2021 / Italy
In September, Milan will once again be the gathering location of the footwear industry. From the 22nd to the 24th of September, with the dates close to the Micam edition, Fiera Milano receives Lineapelle

Micam to be held in person once again

Jul 1, 2021 / Italy
The International Footwear Exhibition is coming up with new in person dates from the 19th to the 21st of September, at Fiera Milano Rho, in Milan (Italy)

Italy talks about tentative recovery for exports in the first quarter

Jun 30, 2021 / Italy
According to data by Confindustria Moda Research Centre for Assocalzaturifici. The footwear industry in Italy raised exports, in value terms, by 3% in the first quarter of the current year. These are still quite below pre-COVID levels, the Italian Association underlines

Gucci is in the race for new materials

Jun 21, 2021 / Italy
The Italian-based fashion brand is launching vegan versions of its New Ace and Rhyton sneakers made with an innovative raw material, alternative to leather. The material, called Demetra in reference to the Greek goddess of agriculture, is vegan and largely plant-based
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