World Footwear

Leather goods

Asian recovery helps Hermès to limit impact of the crisis in 2020

Feb 23, 2021 / France
The luxury group Hermès will withstand the health crisis in 2020 thanks to the strong recovery in Asia during the second semester, which compensates weak results in other regions, especially in Europe

Tod's closes the year with sales down by 30.4%

Feb 19, 2021 / Italy
In fiscal year 2020, Tod's consolidated sales totaled 637.2 million euros, down by 30.4% from 2019. In the fourth quarter of 2020, sales amounted to 184.5 million euros, down by 22.6%. China is already growing in double digits

Revenue and earnings exceed expectations at Capri

Feb 12, 2021 / United States
The London-based group has announced third quarter results marked by a decline in revenue (-17.1%) and in earnings (-14.8%). Notwithstanding, Capri said they are encouraged by earnings meaningfully higher than anticipated

Tapestry: sales fall by 7% in holiday quarter

Feb 5, 2021 / United States
The New York-based house of modern luxury accessories and lifestyle brands reported results for the fiscal second quarter ended on the 26th of December 2020. Tapestry, the owner of Coach, Kate Spade and Stuart Weitzman registered a 7% decline in sales during the last quarter of the year

Portugal: sustainability in the footwear industry

Feb 5, 2021 / Portugal
As the Week of Environmental Responsibility in the Footwear Industry, organised by APICCAPS and CTCP, approaches its end we bring you a new video presenting key elements of the current status of Sustainability in the Portuguese footwear industry

5th edition of CEC's International Footwear Forum gathers 25 associations

Feb 5, 2021 / CEC
The European Footwear Confederation (CEC) organised the fifth edition of the International Footwear Forum (IFF) on the 2nd of February 2021. Held virtually, the IFF brought together 25 associations from 24 countries across the globe to discuss current common challenges for the footwear industry

Portuguese Footwear Industry hosts Environmental Responsibility Week

Jan 29, 2021 / Portugal
APICCAPS, the Portuguese Footwear Association, and CTCP - Portuguese Footwear Technological Centre are organising a week of events dedicated to Environmental Responsibility. 150 specialists will gather online to discuss an array of relevant topics

Tapestry named a Best Place to Work for LGBTQ Equality

Jan 28, 2021 / United States
The Human Rights Campaign (HRC) has ranked Tapestry as a “Best Place to Work for LGBTQ Equality”. Having achieved a score of 100% on HRC’s 2021 Corporate Equality Index, Tapestry earns this designation for the 7th consecutive year

LVMH completes the acquisition of Tiffany & Co.

Jan 7, 2021 / France
The luxury group announced that it has completed the acquisition of Tiffany & Co., the global luxury jeweller. The acquisition of this iconic US jeweller will transform LVMH’s Watches & Jewellery division and complement LVMH’s 75 distinguished Maisons

Chloé appoints Gabriela Hearst Artistic Director

Dec 9, 2020 / France
The Richemont-owned French luxury fashion house announced the appointment of Gabriela Hearst to the position of Artistic Director after making official the departure of Natacha Ramsay-Levi last week

Tapestry: Pam Lifford and Thomas R. Greco join Board of Directors

Dec 9, 2020 / United States
The New York-based house of modern luxury accessories and lifestyle brands announced that Pam Lifford and Tom Greco have been appointed to Tapestry’s Board of Directors. This brings the Board Membership to Ten

Next edition of Micam announced for March 2021

Nov 25, 2020 / Italy
The footwear trade show will be, once again, part of the #strongertogether project. The 5 trade fairs from the fashion system will once again be held on the same dates at single location, the Fieramilano Rho. Micam will be a 3 days event this time

A week dedicated to the Portuguese Leather Goods Industry

Nov 4, 2020 / Portugal
CTCP and APICCAPS promoted, from the 19th to the 23rd of October, a week dedicated to the leather goods sector. This week had a wide program of online initiatives, such as webinars about production, brands, technologies, luxury and fashion trends

Tapestry with 14% decline in sales

Nov 2, 2020 / United States
Despite the falling sales performance registered in the first quarter of the new fiscal year, Tapestry says it is pleased with the achieved results, which are above the company's expectations

Hermès returns to growth

Oct 27, 2020 / France
Sales in the third quarter (+7% at constant exchange rates and +4% at current exchange rates) are driven by strong activity in the group's stores (+12% at constant exchange rates), the momentum in Asia and a significant improvement in all other geographical areas
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