Covestro newsletter
 6 July 2021
  
Highlights
 
World
Spain Retail: are consumers curing their entrenched pessimism?
Jul 6, 2021 / World Footwear Reports
As the new pandemic wave seems to be fading away in Spain, indicators are improving. In the last two months with data available (March and April) Footwear Imports and the Textile, Clothing and Footwear (TCF) Retail Index performed much better than in 2020. Adding to list of good news is the consumers and retailers' confidence at their maximum scores since March 2020. With the online retail being at its maximum as well, the question now is whether omnichannel strategies from physical operators will be strong enough?   
 
Trade
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   
 
Companies
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   
 
Trade
India’s leather industry with two digits decline in the last fiscal year
Jul 5, 2021 / India
The leather industry in India is closing the fiscal year* with a decline of 27.39% in exports. All segments, with the exception of Saddlery and Harness, posted two digits drops, loosing almost a third of its value   
 
Companies
Cubanas creates slippers using coconut fibres
Jul 5, 2021 / Portugal
Feel the Nature is the name of the new line launched by the Portuguese-based footwear brand, which has 20 models in the most varied colours, made from coconut fibres and with a vanilla aroma   
 
World
Israel bans sale of fur in the fashion industry
Jul 2, 2021 / Israel
Israel has announced that it has banned the sale of fur in the fashion industry, promoted by Environmental Protection Minister Gila Gamliel. The decision will go into effect in six months, making Israel the first country to prohibit the usage of this material in the fashion industry   

World Footwear Events

Next Events

Jul
6
Jul 6-Jul 8, 2021 | Moscow- Russian Federation

Jul
10
Jul 10-Jul 12, 2021 | Miami- United States

Jul
10
Jul 10-Jul 12, 2021 | Miami- United States

Jul
10
Jul 10-Jul 12, 2021 | Miami- United States

Know more

More News

Events
Jul 1, 2021
Events
Jul 2, 2021
Know more
APICCAPS