World Footwear

Shoes

France to launch reward scheme to encourage repairs in the fashion industry

Aug 17, 2023 / France
From October, French citizens will be able to claim back between 6 and 25 euros of the cost of repairing clothes and shoes under a new scheme launched by the Government to reduce waste in the fashion industry

LVMH: Premium Partner of the Paris 2024 Olympic and Paralympic Games

Aug 16, 2023 / France
According to LVMH, this partnership will enable the artisans across the group to contribute their creativity, know-how, and sense of French art de vivre to the organization of the high-level sports competition

Average worldwide export price reaches a new record in 2022

Premium ContentAug 15, 2023 / World Footwear Yearbook
This is one of the main conclusions of the World Footwear Yearbook 2023 just released by APICCAPS, the Portuguese Footwear Association. Read all about it today

International economic context weighs on Brazilian footwear exports

Aug 14, 2023 / Brazil
Falling global growth rates and high inflation continue to affect the performance of Brazilian footwear exports, which have been declining in both volume and value in the past months

Wolverine's announces unexpected CEO change

Aug 11, 2023 / United States
The Board of Directors has appointed Christopher E. Hufnagel as President, Chief Executive Officer, and a member of the Board of Directors, effective immediately. Mr. Hufnagel succeeds Brendan L. Hoffman, who is no longer with the company

Tapestry acquires Capri in 8.5 billion US dollars deal

Aug 10, 2023 / United States
The two houses announced that they have entered into a definitive agreement under which Tapestry will acquire Capri Holdings. Under the terms of the transaction the total enterprise value will be of approximately 8.5 billion US dollars

Steve Madden posts decline in revenue

Aug 10, 2023 / United States
The New York-based designer and marketer of footwear, accessories and apparel posted a 16.8% revenue decline in the second quarter of 2023, as compared to the same period of last year

Ferragamo's CFO resigns

Aug 9, 2023 / Italy
Alessandro Corsi, the manager overlooking Salvatore Ferragamo's financial reporting, resigned and will terminate his employment agreement with the company on the 30th of September, 2023 to take on a new professional challenge

2022: exports of footwear on the rise

Premium ContentAug 8, 2023 / World Footwear Yearbook
The World Footwear Yearbook 2023 just released by APICCAPS, the Portuguese Footwear Association, presents a detailed analysis of the footwear exports' movements in 2022. Get access to all the relevant information today

Rocky Brands second quarter sales fall by 38%

Aug 7, 2023 / United States
As retailers continue to work with excess inventory levels, the US-based footwear manufacturer posted another sales and profits drop in the second quarter of 2023 from the same period of 2022

Tod's reports strong first half

Aug 4, 2023 / Italy
The luxury group reported a 21.7% revenue increase in the first half of 2023, as compared to the same period in 2022, with double-digit growth across all brands and product categories

Spain: growth of footwear exports slows down

Aug 2, 2023 / Spain
From January to April, Spanish footwear exports grew by 17.4% in volume and 2.3% in value, as compared to the same period of last year, reflecting a slowdown in growth, says FICE

Asia accounts for more than half of global footwear consumption

Premium ContentAug 1, 2023 / World Footwear Yearbook
This is one of the main conclusions of the World Footwear Yearbook 2023, just released by APICCAPS, the Portuguese Footwear Association. Read more about it today

Richemont acquires a controlling stake in the Italian shoemaker Gianvito Rossi

Aug 1, 2023 / Switzerland
The Swiss-based luxury group has announced the acquisition of a controlling stake in the Italian shoemaking Maison Gianvito Rossi. The amount of the transaction was not disclosed

2022: global footwear production reaches 23.9 billion pairs, back to pre-pandemic levels

Premium ContentJul 27, 2023 / World Footwear Yearbook
In 2022 footwear production and exports grew by 7.6% and 9% respectively. Data are taken from the World Footwear Yearbook 2023 just released by APICCAPS, the Portuguese Footwear Association. Global footwear production reached the 23.9 billion pairs threshold, bouncing back to pre-pandemic levels. Last year 15.2 billion pairs were exported worldwide, representing a recovery from the drop registered as a result of the pandemic, yet still below the record registered in 2014 (15.7 billion pairs)
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