Italy
Prada reports strong first half
The Italian-based luxury group posted a net sales of increase of 22% in the first semester, as compared to the same period of the prior year, and is on track to meet midterm targets
Giovanna Ceolini appointed acting Chair of Assocalzaturifici
Currently serving the Italian Footwear Manufacturers' Association as Vice Chair, Giovanna Ceolini will take on the role of acting Chair of Assocalzaturifici. This will be temporary while procedures for the election of a new Chair are completed
Siro Badon steps down as Assocalzaturifici Chair
Siro Badon, who had been elected to the role of Chair of the organization in June 2019, submitted his resignation on the 26th of July, claiming both personal and professional reasons
Italy: being good at production alone no longer suffices
Amid a challenging macro-environment, digitalization and sustainability emerged as priorities for the future of the footwear industry at the annual meeting of Assocalzaturifici held in Bologna
Gucci partners with Ellen MacArthur Foundation
The Italian-based fashion House announced that it became a strategic partner of the Ellen MacArthur Foundation to accelerate its commitments towards a more circular economy
Recovery of the Italian footwear industry is at stake
Footwear exports and household spending increased in the first quarter of 2022, but a slowdown is already expected from the start of the second quarter. War in Ukraine, rising energy costs and raw materials prices are clouding the horizon
Ferragamo opens NFT booth in Soho's concept store
The space, conceived as a new retail experience and creative hub, includes a hologram sneaker customization tool and an immersive NFT boot that allows customers to create their digital artwork
ASSOMAC and UITIC join to organise 2023 Congress
The partnership between the National Association of Italian Manufacturers of Footwear, Leathergoods and Tanning Technologies (ASSOMAC) and the International Union of Shoe Industry Technicians (UITIC) has been announced during a press conference in Milan
Italian footwear industry appeals for aid
Italian manufacturers struggle with high levels of inventory as the war in Ukraine continues, hurting badly businesses. Assocalzaturifici renews appeal to the Italian Government for aid
More than 8 000 visitors at the latest edition of Expo Riva
Under the umbrella of innovation and sustainability, the 97th edition of Expo Riva Schuh & Gardabags attracted more than 8 000 visitors from 103 countries and exhibitors from over 41 countries
Roberto Massardi is Prada's new Chief Business Development Officer
The Italian luxury brand appointed Roberto Massardi as chief business development officer in May. Mr. Massardi will be responsible for the strategic development of the group
ABL Group acquires sneaker brands Tonakai
The Italian producer of leather goods, owner of the Rebelle handbag brand, has acquired 80% of Tonakai, the fashion sneaker brand founded by Francesco Renna
Geox confirms full year outlook
The Italian brand posted revenue growth in the first quarter of 2022, confirming its full year outlook, despite some pressures on margins due to supply chain constraints and the ongoing conflict in Ukraine
Tod's with sales increase
The Italian-based luxury group posted revenue growth of 23% in the first quarter of 2021, as compared to the same period last year. Sales in the American market accelerated by 68%-
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