Piccadilly is one of the oldest shoe companies in Brazil. Founded in 1955 by Almiro Grings, it started with an initial production of 12 pairs of shoes a day. Today it exports to 100 countries around the world and has a turnover of approximately 600 million Brazilian reais ($120 million).
Zhejiang Huanqiu Shoes Co. Ltd, a Chinese footwear group that owns the Huanqiu and Babaya brands, is seeking distributors in Western Europe, with a focus on France, Italy and Germany as well as an interest in Spain and the UK.
Haroldo Ferreira, the president of Brazilian footwear association Abicalçados, expects BFShow to grow in lockstep with the Brazilian footwear industry and believes that a free trade agreement between the European Union and Mercosur will also be beneficial to European shoemakers.
“The US is a big retail machine that will continue expanding thanks to population growth. It’s possible for a fresh brand from Europe to enter the US,” explains Joseph (Joe) Trybulec, the owner of Trybulec Enterprises, which enables brands to work with leading e-commerce platforms in the US.
With the current trade dispute between China and the US, the disturbance shows no signs of abating any time soon.
As Donald Trump is sworn in as the 47th President of the US on Jan. 20, Brazilian shoemakers hope to benefit from a possible reduction in shipments of Chinese footwear to the world’s largest market in value in the wake of higher import duties.
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In March, the German consumer climate is expected to fall by 2.1 points to -24.7 points compared to the previous month, according to a preliminary estimate by the GfK Consumer Climate powered by NIM, which is published jointly by GfK and the Nuremberg Institute for Market Decisions (NIM).
In January, French footwear retail sales rose by a seasonally and working-day adjusted 0.6 percent month-on-month, according to the Bank of France.
The global footwear market is expected to grow by a compound annual growth rate of 4.2 percent between 2025 and 2029, according to the research institute Technavio. Over the period, the size of the market is expected to increase by $103.6 billion, with the Asia-Pacific region contributing to 47 percent ...
The leather industry in Italy generates an annual turnover of more than €30 bn. One event in Milan is perfectly placed to showcase this champion.
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Forever 21’s US operating company filed for bankruptcy about five years after exiting its last Chapter 11 proceedings due to fierce competition from other fast-fashion retailers such as Shein and Temu.
Expo Riva Schuh & Gardabags, the Italian trade show specializing in footwear, bags and accessories held twice a year in the town of Riva del Garda, has established itself as a leading international event for mass-market footwear. It now wants to become the world’s leading event for low to mid-tier ...
Geox expects growth in sales and profits to accelerate over the course of a new five-year industrial plan, as the Italian footwear company moves from an initial phase focused on improving operating efficiency to one characterized by bolstering its presence on key markets and a new push for international expansion.
Skechers has seen signs of stabilization in its business in China although it expects there will continue to be near-term headwinds in the market, which it sees representing a significant long-term growth opportunity.
Ludwig Reiter is closing its former headquarters in Vienna’s historic Dreimäderlhaus.
A steady wave of store closures continues to hit the Austrian footwear retail sector as brick-and-mortar sales further drop and the shoe industry gradually shifts toward online retail, with a recovery still not in sight, a survey from the market research company RegioData showed.