10 November 2020
  
Highlights
 
Publications
COVID-19 to lead to a 22.2% decline in footwear consumption in 2020
Nov 9, 2020 / Business Conditions Survey
The World Footwear' experts panel, gathering specialists from all over the world, is foreseeing a drop in global footwear consumption of 22.2% in the current year, a figure in line with the previous edition forecast (22.5%)   
 
Trade
Imports of footwear with a dark picture in the first semester
Nov 9, 2020 / World
The most recent statistics for footwear trade in 2020 show a very dark, albeit expected, picture. In the first semester of the year, footwear imports fell in almost every country   
 
Companies
Alibaba and Richemont invest in Farfetch
Nov 6, 2020 / China
Hangzhou-based e-commerce business Alibaba and Swiss-based luxury goods conglomerate Richemont SA will invest 1.1 billion US dollars (0.93 billion euros) in online luxury fashion retailer Farfetch and its new Chinese market operations   
 
World
A week dedicated to the Portuguese Leather Goods Industry
Nov 4, 2020 / Portugal
CTCP and APICCAPS promoted, from the 19th to the 23rd of October, a week dedicated to the leather goods sector. This week had a wide program of online initiatives, such as webinars about production, brands, technologies, luxury and fashion trends   
 
Companies
Lemon Jelly: Closing the Loop
Nov 5, 2020 / Portugal
The Portuguese-based brand has a new project based on the idea that nothing is destroyed, and everything is transformed. It is called: Closing the Loop. The brand has recently won the Best Carbon Footprint Initiative award at the Sustainable Fashion Awards 2020   

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