Italy
Geox launches five-year plan to reach over 850 million euros in revenue
The Italy-based company, known for its breathable footwear technology, has launched a five-year plan aimed at bolstering the business that includes 120 million euros of investment
Italy: footwear exports continue downward trend
The third quarter of the year did not bring a turnaround in the sector’s difficult situation, resulting in a cumulative decline of 9.2% in the value of footwear exports between January and September
Italian and Scottish brands unite for European shoe collections
Nice Footwear, through Nice Brand Lab, deepens its collaboration with Scottish fashion brand Lyle & Scott to create and distribute exclusive footwear collections across Europe
Italian leather-footwear sector with a challenging 2024
Data from Assomac highlighted the economic challenges of Italy's leather sector in 2024, with declined exports and 78% of companies reporting reduced demand across domestic and international markets
2025 brings questions to the Italian leather sector
Italy's tanning industry currently struggles with declining demand, rising economic pressures and labour challenges, while hopes for recovery hinge on global economic, political and trade stability
Gucci fully acquires Colonna Group tannery
Gucci Logistica, a subsidiary of Kering, has increased its stake in the Colonna Group to 100% for an undisclosed sum, thus strengthening its investment in the leather industry
Mauro Bergozza takes the helm of Assomac at a challenging time for the industry
Mauro Bergozza, CEO of Bergi, has been chosen to succeed Maria Vitoria Brustia at the helm of Assomac at a time when exports of footwear and leather machinery are in decline
Wholesale continues to weigh on Geox’s performance
In line with the first half, the footwear company has reported a decline in sales for the first nine months of the year, as the wholesale channel continues to weigh on overall performance
Expo Riva Schuh & Gardabags: A Trend Hub for 2025
Expo Riva Schuh & Gardabags, to be held in Riva del Garda from the 11th to the 14th of January 2025, will be a key event for buyers of footwear and accessories to prepare for 2025
Giovanna Ceolini elected as the new President of the Confindustria Accessori Moda
Confindustria Accessori Moda, the federation of the Italian footwear, leather goods, fur and tanning sectors, has elected Giovanna Ceolini as its new President
Vida Shoes acquires luxury shoe brand Aquatalia
Vida Shoes International, which owns brands such as Jambu, JBU, J Sport and Andre Assous, has acquired the made-in-Italy luxury shoe brand Aquatalia
Golden Goose reports revenue growth in the first nine months of 2024
The Italian-based luxury footwear brand has reported a revenue of 466 million euros in the first nine months of 2024, up by 12% year-over-year. New store openings and strong online traffic drove DTC performance
Miu Miu fuels strong performance for Prada Group
Against a challenging backdrop in the luxury segment, the Italy-based luxury continued to perform strongly. Miu Miu “upheld its thriving growth momentum”
Ferragamo continues to struggle amid decreasing consumer confidence
The Italian luxury group reported a third quarter revenue drop of 7.2% year-on-year due to weak demand in the Asia Pacific region and declining wholesale sales, despite gains in Japan and Latin America-
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