Growth in production accumulated over a decade wiped away in 2020

Highlights

		Yearbook Growth in production accumulated over a decade wiped away in 2020 Aug 3, 2021 / World Footwear Yearbook Footwear production was down by 15.8% in 2020. Data is taken from the World Footwear 2021 Yearbook just released by APICCAPS, the Portuguese Footwear Association



		Trade COVID-19 outbreak in Vietnam threats footwear exports Aug 3, 2021 / Vietnam Strict lockdown measures to suppress Vietnam’s outbreak of COVID-19 threatens to lead to a decline in footwear exports in the second half of 2021. Companies such as Nike are already facing supply chain disruptions



		Companies Foot Locker accelerates Asia-Pacific expansion with acquisition of atmos Aug 2, 2021 / Asia Pacific The retailer has entered into a definitive agreement to acquire Text Trading Company, K.K., which owns and licenses the atmos brand, a digitally led, premium, global retailer headquartered in Japan



		Companies Deckers with most profitable first quarter ever Jul 29, 2021 / United States The global group of footwear, apparel, and accessories announced financial results for the first fiscal quarter ended on the 30th of June 2021, with revenue increasing by 78.2%



		Companies Kering reports strong sales growth Aug 2, 2021 / France The French-based luxury group announced results for the first half of 2021. Revenue for the period exceeded the levels recorded in 2019, indicating a strong rebound for the Kering group