Investment
FAMEST: a new generation of products
On the 9th of January, the FAMEST project partners met at the headquarters of the CTCP in São João da Madeira to present a new generation of products in key areas of the Footwear and Fashion Cluster
India: new Chairman for the CLE
P. R. Aqeel Ahmed is the new Chairman of the Council for Leather Exports with effect from the 17th of January onwards
Columbia closes buyout of China joint venture
As the new year started, Columbia Sportswear announced it has closed its buyout of the remaining 40% interest in Columbia Sportswear Commercial (Shanghai) Company, the joint venture in China with Swire Resources Limited
Foot Locker invests in children's footwear business
After a strong third quarter, Foot Locker announced it would be investing more in the business. The first strategic move is the acquisition of a minority stake in Super Heroic, Inc., a lifestyle brand focused on the young segments
ICC invests 2 million euros to double production
Portuguese footwear company ICC, specialized in the production of professional footwear, is investing two million euros in its facilities with the goal of doubling production
Tod's shares spike
Regulatory documents indicate that a holding linked to Chairman Diego Della Valle have committed to buy up to 5% of the luxury group's shares. As a result Tod's shares value immediately increased
Authentic Brands and DSW acquire Camuto
Authentic Brands Group LLC (ABG) has entered into a definitive agreement to purchase a majority stake in the intellectual property of the Camuto Group's proprietary brands in partnership with DSW Inc.
The final remarks of the UITIC Congress in Porto
For one week, over 540 footwear professionals, coming from 33 countries, gathered in Porto, in a record participation. More than 20 companies visited and more than 30 speakers framed the discussions over the future of the worldwide footwear industry
Innovation distinction for adidas
The giant sportswear adidas has received the German Innovation Award 2018 for its Speedfactory
Footwear sector in Vietnam expects increasing FDI
Lefaso, the local Leather, Footwear and Handbag Association, is expecting foreign capital flows into the footwear industry to increase during the current year
Asics invests in conductivity textiles
The Japan-based footwear company has made its first investment, taking a stake in AI SILK Corporation, a venture company affiliated with Tohoku University and focused on developing conductive textiles
New collaborative project presented by the Portuguese industry
The FAMEST project was formally presented by the Portuguese Footwear and Fashion Cluster last November
Flex’s new factory to add thousands of jobs
The multinational manufacturer expects to create 6 000 jobs at its new plant in Jalisco. The new factory will be dedicated to make high-tech footwear for Nike
Indonesian authorities call for quality, design and branding
Ngakan Timur Antara, Head of the local Agency for Industrial Research and Development, said it is important for the country’s footwear industry to improve several attributes in order to claim a bigger share of the global footwear market
Kering might be considering Puma’s sale
Luxury group Kering has appointed the financial services group Rothschild & Co. to handle the potential sale of Puma, the sportswear brand from the group’s portfolio-
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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