World Footwear

Manufacturing

Indonesian footwear industry hit by a lay-off wave

May 30, 2024 / Indonesia
The recent closure of PT Shoes Bata Tbk, a subsidiary of footwear company Bata, with the lay-off of 233 people, has highlighted a wave of redundancies that has hit the Indonesian footwear industry

Yue Yuen talks of a gradual recovery trend

May 16, 2024 / Hong Kong
The Hong Kong-based footwear group saw a 4.9% decline year-over-year in the first quarter of 2024, but highlighted the 9.1% shoe shipment volume increase due to a more normalised order book

Footwear retail in 2024: signs of recovery or a bumpy ride ahead?

Premium ContentMay 7, 2024 / World
High inflation squeezed margins in footwear retail throughout 2023. To glimpse the industry's 2024 outlook, we analysed results from key players like manufacturers Yue Yuen and Stella Holdings and retailers Foot Locker, JD Sports, Shoe Carnival, and Genesco

LAST CALL! Join the 10th edition of the World Footwear Business Conditions Survey

Apr 16, 2024 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!

SECOND CALL! Join the 10th edition of the World Footwear Business Conditions Survey

Apr 8, 2024 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!

Fashion group OTB acquires Italian shoe supplier Calzaturificio Stephen

Mar 27, 2024 / Italy
The Italy-based group, owner of fashion brands such as Margiela, Jil Sander, Marni, Viktor&Rolf and Diesel, has acquired a majority stake in luxury footwear manufacturer Calzaturificio Stephen

Join the 10th edition of the World Footwear Business Conditions Survey

Mar 22, 2024 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!

Yue Yuen reports a decline in full year revenue and profit

Mar 20, 2024 / Hong Kong
In line with its previous quarterly results, the Hong Kong-based footwear manufacturer reported a 12% year-over-year decline in revenue and a 7.3% year-over-year drop in profits in 2023

Assocalzaturifici confirms Giovanna Ceolini as President

Mar 11, 2024 / Italy
Giovanna Ceolini has been confirmed as President of the Italian Footwear Manufacturers’ Association until 2027, after taking up the role on an interim basis in August 2022

Arche goes into administration

Feb 22, 2024 / France
The French footwear manufacturer has gone into administration due to a complex situation in the domestic and international markets. While the process runs its course, the company will continue to operate

Portuguese footwear industry to invest 600 million euros

Feb 13, 2024 / Portugal
The Portuguese footwear industry will invest 600 million euros by the end of the decade in innovation, sustainability, management and worker skills, and internationalisation as part of its strategic plan

Physical and Chemical Tests: What tests should a footwear brand perform on their products?

Premium ContentFeb 9, 2024 / World Footwear Reports
Just released! A new paper dedicated to testing in the footwear industry. Learn all about testing and understand what physical and chemical tests are, and which ones are relevant for your products and why

More on acquisitions in the European footwear sector

Dec 26, 2023 / Europe
The past two months have seen a number of transactions. The Italian shoemakers Dema and Asso have new owners. The Austrian retailer Leder & Schuh has acquired the brand rights of Delka

New General Manager at Assomac

Dec 20, 2023 / Italy
The National Association of Italian Manufacturers of Footwear, Leathergoods and Tanning Technologies (Assomac) has announced that Agostino Apolito will assume the role of General Manager from January 2024

Kiton invests in new production cluster

Dec 15, 2023 / Italy
The Italian luxury ready-to-wear and bespoke clothing company will invest 30 million euros in a new facility in Arzano (Naples) to strengthen its production, including that of accessories and shoes
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