12 November 2024
  
Highlights
 
World
Florbela Silva from CTCP: how is Portugal modernising its footwear industry?
Nov 11, 2024 / Portugal
We spoke to Florbela Silva, Head of Innovation and Digital Fabrication and CTCP FabLab, to find out more about the FAIST project, which aims to drive a significant reindustrialisation of the Portuguese footwear industry. During our interview, we discussed the project’s objectives, tools to be leveraged, partnerships and main outcomes   
 
World
German consumer sentiment shows signs of improvement
Nov 8, 2024 / Germany
German consumer sentiment rose more than expected in November despite high prices and a difficult labour market, according to GfK and the Nuremberg Institute for Market Decisions (NIM)   
 
World
French parliament reduces VAT on shoe and leather goods repairs
Nov 6, 2024 / France
France’s lower house of parliament has approved a tax break for repairers by reducing the VAT rate from 20% to 5.5% on the repair of shoes and leather goods   
 
Companies
adidas reports nine month revenue growth
Nov 8, 2024 / Germany
The German-based sportswear company has raised its guidance for 2024 and now expects 1.2 billion euros in operating profit, driven by sales momentum and disciplined cost management   
 
Companies
Vulcabras achieves the highest EBITDA in its history
Nov 7, 2024 / Brazil
The Brazilian footwear company has reported a strong performance in the third quarter. It has achieved its highest EBITDA ever, thus validating the consistency of its business strategy   

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