Global Footwear Executive Summit 2024, Hong Kong
Shoes & Accessories Magazine
by Shoes & Accessories
2d ago
Addressing Challenges and Shaping the Future of the Footwear Industry Hong Kong, March 20, 2024 (Wednesday) The Global Footwear Executive Summit, held on the second day of the Asia Pacific Leather Fair (APLF), gathered industry leaders and experts to dissect the challenges and opportunities within the footwear sector. With sessions ranging from production and supply chain management to material sustainability and retail branding strategies, the summit provided a comprehensive overview of the current landscape and future trajectories of the footwear industry. Nerisha Jairaj – Director South Afr ..read more
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APLF 2024: A Global Reunion of Leather, Material, and Fashion Industries
Shoes & Accessories Magazine
by Shoes & Accessories
2d ago
By Dipika Chopra  Introduction The APLF Leather, Material, and Fashion Businesses Show made its much-anticipated return to the Hong Kong Convention and Exhibition Centre (HKCEC) from March 19th to 21st, 2024. This long-awaited event served as a pivotal meeting ground for global suppliers, manufacturers, and industry professionals, attracting over 10,000 buyers from across the globe. With over 6,00 exhibitors participating, the event scaled the attendance records, underscoring the significance of APLF as a premier business platform for the leather and manufacturing sectors. Global Supplier ..read more
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Embracing Creases: Why the Best Shoes are Those that Crease
Shoes & Accessories Magazine
by Shoes & Accessories
4d ago
By Arvind Bajaj, Founder Ezok Shoes, footwear enthusiast and connoisseur As a footwear enthusiast and connoisseur, I’ve often found myself drawn into the debate surrounding creases in leather shoes. It’s a topic that sparks passionate discussions within the shoe community, with some vehemently opposed to any signs of wear while others embrace the natural patina that develops over time. In this blog post, I aim to delve into why I believe that the best shoes are those that crease, and why embracing this natural process adds character and authenticity to our footwear. Firstly, let’s addres ..read more
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Puran Dawar Re-elected as Regional Chairman for the Fifth Time
Shoes & Accessories Magazine
by Shoes & Accessories
5d ago
A Call for Strategic Revamp In a momentous occasion, Puran Dawar has been re-elected as the Regional Chairman for the fifth consecutive term, reaffirming his indomitable leadership and the trust vested in his capabilities. Heartiest congratulations pour in for Puran as he assumes the mantle once again, along with the esteemed members of the Northern Regional Committee (NRC) – Motilal Sethi, Sanjay Leekha, Ajit Kalsi, Gopal Gupta, Vipin Seth, and Rahul Chaudhry. Acknowledging the dynamic landscape of the regional economy, Dawar’s agenda is centered on a thorough assessment of the region’s stren ..read more
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Puma’s Resilience in Challenging Times: Achieves Full-Year Sales Growth Despite Weak Fourth Quarter
Shoes & Accessories Magazine
by Shoes & Accessories
5d ago
Puma, the renowned sportswear brand, has navigated through a volatile market landscape to achieve robust full-year sales growth, overcoming challenges encountered in the fourth quarter. Arne Freundt, CEO of Puma, credited the company’s strong performance to its dedicated team and valued partners. Fourth Quarter Performance: Sales Decline: Puma reported fourth-quarter sales of 1.98 billion euros, representing a 4.0% decrease on a currency-adjusted basis. The decline was primarily attributed to the devaluation of the Argentine peso, impacting sales in the Americas region. Regional Performa ..read more
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Assocalzaturifici Reaffirms Giovanni Ceolini as President, Outlines Vision for the Sector
Shoes & Accessories Magazine
by Shoes & Accessories
1w ago
Italy, March, 2024 Assocalzaturifici, the association representing over 450 companies in Italy’s footwear manufacturing sector, has confirmed Giovanni Ceolini as President. Ceolini’s tenure is set to prioritize sustainability, digitalization, innovation, and the promotion of Made in Italy craftsmanship, with a particular focus on attracting young talent to the industry. Milan, Italy. MICAM 97. MICAM X, Giovanna Colìni, President of Assocalzaturifici and Micam. In a statement released by the association, it was outlined that Ceolini’s presidency will be guided by a commitment to fostering susta ..read more
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Challenges Loom for German Shoemakers Amidst Economic Pressures
Shoes & Accessories Magazine
by Shoes & Accessories
1w ago
Germany, March, 2024 Manfred Junkert, CEO of the Federal Shoe and Leather Goods Industry Association (HDL/S), has expressed concerns over the challenging outlook for German shoemakers amidst difficult market conditions. Despite displaying considerable resilience and creativity, manufacturers are facing tough circumstances with only nominal sales growth and significant losses in shoe imports. “In view of the difficult circumstances, a trend reversal is not in sight,” commented Junkert. “Sales are only nominally slightly higher, and foreign trade recorded significant losses in shoe imports, esp ..read more
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Steve Madden Reports Solid Fourth Quarter Performance
Shoes & Accessories Magazine
by Shoes & Accessories
1w ago
New York, March 2024 Steve Madden, a leading footwear, apparel, and accessories brand, has announced robust fourth-quarter results, surpassing expectations across key metrics. Edward Rosenfeld, Chairman and CEO, expressed satisfaction with the company’s performance, highlighting organic revenue growth and improved operating margins. Fourth Quarter Highlights: Revenue Growth: Steve Madden reported fourth-quarter revenue of $519.7 million, marking a 10.4% increase compared to the same period the previous year. Wholesale Business: The wholesale segment contributed $354.8 million to to ..read more
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Aldo Group to Manufacture Bags and Leather Goods for ABG’s Hunter Brand
Shoes & Accessories Magazine
by Shoes & Accessories
1w ago
ABG’s Hunter brand is set to venture into the realm of accessories through a strategic partnership with the Aldo Group. This collaboration aims to harness Aldo’s extensive experience in handbag manufacturing to bring forth a collection of accessories that embody Hunter’s rich heritage while catering to consumers’ preferences for quality, style, and functionality. Jarrod Weber, Group President of Lifestyle and Chief Brand Officer at ABG, expressed satisfaction in expanding their relationship with the Aldo Group. He highlighted the opportunity to translate Hunter’s timeless essence into a divers ..read more
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Italian Footwear Production Declines in 2023
Shoes & Accessories Magazine
by Shoes & Accessories
1w ago
Italian footwear production faced a notable setback in 2023, experiencing an 8.6% decline to 148 million pairs. This downturn also contributed to a 5.3% decrease in the number of active companies in the sector, totaling 3,564. However, the industry maintained stable employment figures, with 73,639 individuals employed, marking a modest increase of 1.8% compared to the previous year. Despite these challenges, the sector’s total turnover saw a slight uptick of 0.9% to 14.63 billion euros. This increase, however, was overshadowed by rising costs attributed to inflation. Export figures offer a mix ..read more
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