China
Tod's closes the year with 2.6% decline in sales
The luxury shoes and leather goods company announced declining sales for 2019 (-2.6%). However, the business started to pick up in the last quarter with an improvement in the revenue trend
International trade fairs postponed as a consequent of the Coronavirus
Chic Shanghai has been postponed. APLF is considering postponing. ISPO Beijing and textile trade fairs in Shanghai also on hold. In Europe, MICAM is proceeding as planned with preparations for the February edition
Nike extends deal with Chinese Athletics Association
The giant sportswear brand and the Chinese Athletics Association (CAA) signed a long-term partnership extension through 2033
US and China sign new deal
Representatives from the two countries have signed an agreement aimed at easing a trade war that has disturbed the global markets and is impacting the global economy. However, many fear this won't stop the tensions
US-China trade deal reached
The US announced an agreement on a "phase one" trade deal with China on Friday, 13th of December
adidas is moving automated factories to China
The Germany-based sportswear brand will close Ansbach and Atlanta Speedfactories. The aim is to deploy the Speedfactory technology at Asian suppliers by end of 2019
Ecco opens high-tech leather cutting plant in China
According to Ecco, the new plant is amongst the most advanced cutting plants in the world with state-of-the-art technology and a reduced environmental footprint
AAFA remains concerned with tariffs war
Despite the announcement by the Trump Administration to pause tariff rate increases, the American Apparel & Footwear Association remains concerned
Allbirds to expand footprint
Online shoe brand Allbirds plans to more than double its store network in 2020. The brand says it cannot ignore most sales take place in the brick and mortar arena
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
Is your footwear business sustainable?
The 8th Global Footwear Sustainability Summit, focusing on the sustainability theme within the footwear business, was organized by Shanghai Copex Global and took place in Shanghai
Digital changed the conversation between consumers and brands
Watch the interview to learn a bit more about brands, digital and China according to the views of Maria Amelia Odetti from Secoo
Tapestry with strategic alliance with Alibaba’s Tmall
The New York-based luxury house will be one of the first companies to collaborate with Tmall in adopting the recently unveiled Flagship Store 2.0, beginning later this month-
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