China
Alibaba’s Singles’ Day with new record
China-based ecommerce giant Alibaba generated record 25 billion US dollars (168 billion yuan) in sales in a day, partnering with more retailers to host the 2017 Singles’ Day event
Athleisure products drive Stella’s growth
The Hong Kong based footwear giant has announced volumes increasing by 4.1% in the third quarter, with revenue down by 2.5%. The first nine months registered increases in both volume and vale much driven by the athleisure segment
ACLE closes confirming a drop in prices
The latest edition of the All China Leather Exhibition (ACLE) was held in Shanghai from the 30th August to the 1st September. According to the organization a 25% - 30% decline in leather prices was registered since APLF took place by the end of March
Cole Haan builds up presence in China
The global lifestyle and accessories brand and retailer announced a long-term retail, wholesale and e-commerce distribution agreement with a subsidiary company of Sitoy Group Holdings Limited
China loses share while worldwide production stalls
China continues to loose share in worldwide production, according to the 2017 edition of the World Footwear Yearbook, just launched by APICCAPS
Farfetch to enter the Chinese market in force
The online luxury fashion retailer Farfetch has raised close to 400 million US dollars from a deal with one of China's biggest e-commerce companies. This partnership will create a premier platform for luxury e-retail across China
Challenges & opportunities in sourcing countries
With the demographic & economic changes that are occurring, will China remain as the main sourcing country for footwear?
Yue Yuen with increase in revenue
One of the world's largest footwear manufacturers announced increases in total revenue during the first quarter of the current fiscal year
adidas expects improvement in US margins while China margins stabilise
The Germany-based sportswear giant expects its operating margin in China to shrink slightly in the long term, while its US margin should grow markedly in the near term. This is the belief of the new Chief Executive Officer Kasper Rorsted
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Footwear Consumer 2030
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