News
LVMH with 16% revenue growth
Moët Hennessy Louis Vuitton, one of the world’s leading luxury products group, recorded a 16% increase in revenue, reaching 38.4 billion euros in the first nine months of 2019
US-China phase one trade deal announced
As part of the deal, the tariffs on the first 250 billion US dollars in trade will not increase to 30% on Tuesday as planned
Kyaia launches new digital platform
This new project by Portuguese-based Kyaia aims to bring closer brands and manufacturers with retailers, and contributing to change the actual process of footwear marketing
Expo Riva Schuh and Gardabags strengthen global focus
From 11th to 14th January 2020 Expo Riva Schuh and Gardabags welcome fashion professionals from over 100 countries to a hub with an integrated offer of volume footwear and accessories
Jesus Shoes sold out in a minute
With holy water from the Jordan River on the sole, the Jesus Shoes sold out in a minute. The base model, the Nike Air Max 97 has a selling price around 160 US dollars
Hermès in expansion mode
The French-based luxury house announced the creation of a new leather goods workshop straddling the villages of Tournes and Cliron (Ardennes) by 2022
US is the main destination of Brazilian footwear exports
According to data prepared by the Brazilian Footwear Industries Association (Abicalçados), 9.47 million pairs were shipped in August, 7.4% more than in the same month of 2018
EU and Germany to partner with Nigeria’s leather sector
Local news agencies are reporting the European Union (EU) and the German Society for International Cooperation (GIZ) are partnering with Nigeria to boost the country’s leather industry
Travel industry sales to reach 3 trillion US dollars
According to new research released by the global market research company Euromonitor International, the global travel industry is expected to reach close to 3 trillion US dollars and grow by 3.3% by 2024
Australia: retail turnover improves
Australian retail turnover rose by 0.4% in August 2019, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures
Francal Ablac Show announced
Francal and Ablac teamed up with an aim to stimulate the footwear market and unite the entire production chain
Indonesia wants to stimulate the manufacturing activity
The local Government and the Bank Indonesia have agreed six strategic measures to accelerate manufacturing industry strengthening efforts
Bangladesh: exports performance above target set
The country’s leather industry registered a total of 106.10 million US dollars’ worth of exporting revenue in the first month of the new financial year. The target set was exceeded
Pakistan with double-digit growth in exports
The Asian country started a new financial year with a positive performance for its footwear exports. Double digit increase in volume and value was registered
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