Italy
Ferragamo reports full year revenue growth
The Italian-based luxury group has announced preliminary consolidated results for the year 2022. Sales grew in all regions, except for Asia Pacific, due to a COVID-19-related slowdown in China
Tod's Group turnover exceeded one billion euros in 2022
The Italian-based luxury group posted revenue growth of 13.9% in 2022, year-over-year, thus exceeding the one billion mark, driven by the retail channel and Tod’s brand performances
Italian leather goods industry is only cautiously optimistic
The Italian leather goods industry grew from January to September 2022, but concerns over costs' increases and the situation in China are raising sirens in the industry
Expo Riva Schuh & Gardabags on track to normality
The January 2023 edition of the trade fair welcomed over 8 600 attendees from 100 countries. The organization claims that the event is "coming back into the light" after the difficult pandemic period
Double-digit increase in turnover for Italian footwear manufacturers
In the first nine months of 2022, Italian shoemakers' turnover increased by 13.9%, year-over-year. But growth is not alike among companies, says Assocalzaturifici, highlighting the rising costs
Maria Vittoria Brustia (Assomac): after COVID-19 customers have higher expectations regarding sustainability
Today we are happy to share an interview with Maria Vittoria Brustia, President of Assomac, the National Association of Italian Manufacturers of Footwear, LeatherGoods and Tanning Technologies. Assomac is the organizer of the Simac Tanning Tech trade fair
Golden Goose joins forces with Swarovski
The luxury sneaker brand teamed up with Swarovski Creators Lab on a limited-release collection that includes two new versions of the iconic Golden Goose Super-Star sneaker and an exclusive skateboard
Prada appoints new brand CEO
The Italian-based luxury group has announced that Gianfranco D'Attis will become the Chief Executive Officer of the Prada brand from the 2nd of January 2023
Tod's founding family drops plan to delist company
The Della Valle family said that it has abandoned the plans to merge with Tod's, which would have enabled to delist the luxury group from the Milan stock exchange. Tod's is to remain public
Andrea Guerra appointed CEO of the Prada group
The luxury group announced that the former CEO of Luxottica and LVMH's hospitality unit, Andrea Guerra, will be proposed as CEO at the next board meeting on the 26th of January 2023
MICAM on the road in December
The international footwear trade show is holding three teaser events in Berlin, Seoul, and Brussels in December to anticipate the upcoming edition scheduled for February 2023
Dior buys prints and manual finishings on leather specialist Art Lab
According to the Milanese business newspaper Il Sole 24 Ore, the Parisian-based House has acquired the Tuscan company specialized in prints and handmade finishings on leather
New qualifications for designers of sustainable footwear
The Erasmus+ SHOEDES training project aimed at promoting initiatives towards sustainable product designers is calling out footwear designers, industry technicians and students to take part of the project by filling out training needs questionnaire
Gucci's Creative Director Alessandro Michele steps down
The Italian-based luxury House has announced that the Rome-born designer is stepping down as Creative Director, effective immediately, after almost eight years in the job-
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