|  | Highlights |     |  |    |   |  | Yearbook   Footwear production with new record of 24.3 billion pairs Aug 4, 2020   / World Footwear Yearbook   Just before the outbreak of COVID-19, the footwear industry has set a new production record. In 2019, worldwide, 24.3 billion pairs of shoes have been produced. Data is taken from the World Footwear 2020 Yearbook just released by APICCAPS        |    |  |    |  |     |  |    |   |  | Yearbook   Asia accounts for more than half of global consumption Aug 3, 2020   / World Footwear Yearbook   Asia’s consumption accounts for more than half of the grand total. Over the last decade Asia’s demographic and economic dynamism has been responsible for a rise of 9 percentage points in its share of world consumption        |    |  |    |  |     |  |    |   |  | Companies   Hermès: revenue dives by 41% in the second quarter Jul 31, 2020   / France   At the end of June, revenue for the semester was down by 24% at current exchange rates. In the second quarter revenue was down by 41%, as Hermès took the hit of the COVID-19 pandemic        |    |  |    |  |     |  |    |   |  | Companies   Kering with double-digit drop in revenue Jul 30, 2020   / France   The luxury group announced the results for the first half of the year, marked by double digit decline in revenue. Kering named this the toughest period they ever faced         |    |  |    |  |  |  |  |  |