Luxury Italian footwear designer Sergio Rossi has died at the age of 84 in Cesena, Italy, one of the regions in Italy that has been greatly disrupted by the COVID-19 pandemic. Riccardo Sciutto, the brand’s CEO, shared the news of the designer’s demi
2020-08-26 17:54 admin 18
Sports brand Adidas has launched “#FasterThan” campaign to celebrate the women in sports and inspire other women to participate and celebrate sports in their daily lives, the company said in a statement. With this campaign, the brand aims to highlight the
2020-08-26 17:54 admin 21
With half the orders getting cancelled and rising non-performing assets in exporting units, India’s export sector may face more than 15 million job loss, Federation of Indian Export Organisations (FIEO) said. “With cancellation of over 50% of orders and g
2020-08-26 17:54 admin 18
Crocs, Inc., a global leader in casual footwear for men, women, and children, in partnership with the brand’s global brand ambassador, Priyanka Chopra Jonas, announced to donate 10,000 pairs of footwear to healthcare professionals in Kerala, Maharashtra,
2020-08-26 17:54 admin 20
The Prada Group has restarted operations with in-depth coronavirus testing for employees, setting a benchmark for the fashion industry. The progressive program begins with the partial reopening of industrial sites in Italy’s Tuscany region — where 30
2020-08-26 17:53 admin 19
Ever since the lockdown was imposed on March 24, the Indian retail sector has lost approximately Rs 5.50 lakh crore during this 40 day period and the country is likely to witness at least 20% of Indian retailers collapsing and winding up their businesses
2020-08-26 17:53 admin 18
As the COVID-19 panic gets uglier, Indian leather products and footwear exports industry lost about Rs 1,500 crore worth of orders from the USA and Europe in just two days, according to Council For Leather Exports. Since March 17, there had been unprecede
2020-08-26 17:53 admin 18
The footwear sector’s performance in FY2021 is likely to be significantly affected due to the Covid-19 pandemic, according to ICRA. Closure of retail outlets coupled with weak consumer sentiment due to the ongoing lockdown is likely to impact the footwear
2020-08-26 17:53 admin 23
THE FOOTWEAR INDUSTRY WAS ALREADY IN SLOWDOWN BEFORE THE COVID-19 PANDEMIC 2019 saw a worldwide slowdown in the footwear industry. That slowdown will certainly continue throughout 2020, given the reality of COVID-19. In 2019 footwear production and export
2020-08-26 16:05 admin 24
Texon, a market leader in the development of eco-friendly, structural materials for the global footwear industry, has launched Texon Vulcan – an exciting product that can provide extra shape and enhanced levels of support in vulcanised shoes, and contains
2020-08-26 15:58 admin 25
Global sports brand PUMA has announced that Sunil Chhetri, captain of the Indian National Football team and Bengaluru FC signed with the brand. A captain, leader and a legend, he is the second-highest after Cristiano Ronaldo on the list of active internat
2020-08-26 15:49 admin 23
Walmart-owned e-commerce company, Flipkart, has appointed Sriram Venkataraman as Chief Financial Officer for Flipkart and Myntra, the company said in a statement. This appointment will be effective immediately. In his new role, Venkataraman will be respon
2020-08-26 15:43 admin 17
Union Minister for MSME and Road Transport and Highway Nitin Gadkari assured the footwear industry that all possible support from the government will be given to the sector to tide over the challenges created by the lockdown imposed to curb the sprea
2020-08-26 15:42 admin 19
In the first six months of the new fiscal year, Bangladesh’s leather industry registered a total of 475.83 million US dollars’ worth of exporting revenue, which represented a decline of 10.61% over the performance in similar period last year. The leather
2020-08-26 13:56 admin 25
PVH Corp. has announced that it has entered into a definitive agreement to sell its Speedo North America business to Pentland Group, parent company of Speedo International Limited Andy Long, CEO Pentland Brands division, commented: “We’ve had a great part
2020-08-26 13:56 admin 30
Geox has appointed Livio Libralesso, a manager who has been working with the Group for the last twenty years and knows the company perfectly, as its Chief Executive Officer. “As well as being a manager with extensive experience in the field of admin
2020-08-26 13:56 admin 35
German sportswear maker Puma SE announced the elevation of the company’s current India managing director, Abhishek Ganguly as general manager Southeast Asia expanding Ganguly’s role to key growth markets of Malaysia, Thailand, Vietnam, and Singapore. Gang
2020-08-26 13:54 admin 32
Union minister Nitin Gadkari has said micro, small and medium enterprises (MSME) sector is on the verge of collapse and urged major industries to release the outstanding dues to such companies within a month. He said the position of MSMEs was worst a
2020-08-26 13:51 admin 26
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2020-08-26 11:36 admin 48
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2020-08-26 11:36 admin 47