All Legal & Institutional articles – Page 27
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Article
The Eurasia Union limits duty-free e-commerce
The Eurasian Economic Union is introducing new limits on duty-free purchases from the foreign online retailers. The current limit of €1,000 on the combined value of monthly orders by citizens in the economic area is set to be lowered to €500 from Jan. 1, 2019 and to €200 from Jan. 1, 2020. ...
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Vietnam’s exports of footwear and bags on the rise
Exports of Vietnam's shoes and bags reached $18.1 billion in 2017, up 10.7 percent as compared to the prior year, according to the Vietnam Leather, Footwear and Handbag Association (Lefaso). The U.S. was the main market, accounting for 35.9 percent, followed by the European Union (EU) with 30.6 percent, and ...
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News briefs
Aldo Bensadoun, the founder of the international shoe retailing group...
Aldo Bensadoun, the founder of the international shoe retailing group bearing his name, received the Outstanding Achievement Award at the Canadian Arts and Fashion Awards on April 20. Besides his achievements in the business world, Bensadoun made a $25 million donation last year to create the Bensadoun School of Retail ...
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News briefs
The newest protectionist measures planned by the U.S. government are...
The newest protectionist measures planned by the U.S. government are triggering complaints on many fronts. Members of Footwear Distributors & Retailers of America are particularly worried about a proposed increase in duties on shoes and other consumer goods imported from China, in response to investigations into the violation of intellectual ...
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A good Micam
The organizers of the Micam trade show announced a total of 44,227 visitors in terms of daily entrances at the world's leading event of this kind for the footwear sector at its 85th edition last month, which compares with 44,610 a year ago.Russia regained the first spot in foreign attendance ...
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Ferragamo sees new trends in luxury
The global personal luxury market is estimated to have grown by 6 percent at constant currency rates in 2017 and is expected to register a similar performance in 2018, with the interception of millennials' demand being key for success, according to a market scenario released by Salvatore Ferragamo.The survey indicated that ...
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The European industry needs new people
One of the most interesting events held during the recent Micam Milano trade show was a conference where a group of about 250 students from all over Italy were invited to check out some of the most stimulating opportunities offered to them by joining the footwear industry. They were told, ...
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News briefs
A group of investigative journalists led by Mediapart has discovered...
A group of investigative journalists led by Mediapart has discovered a scheme under which Kering may have evaded taxes totalling €2.5 billion since 2002. The bulk of the amount is said to be owed to Italian tax authorities, which started an investigation last November, including €1.4 billion for Gucci and ...
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News briefs
Crocs cannot protect its namesake clog design in the European...
Crocs cannot protect its namesake clog design in the European Union. This is what the General Court of the European Union stated in a ruling on March 14. The EU court said that other shoemakers had seen the design of Crocs' clogs long before the company filed for registration, specifically ...
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News briefs
Salvatore Ferragamo has been handed a default judgment by a...
Salvatore Ferragamo has been handed a default judgment by a New York court in a counterfeit and trademark infringement lawsuit it filed last year against the 60 unidentified holders of dozens of counterfeit-selling websites, after none of the defendants responded to the lawsuit or appeared in court. The court has ...
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News briefs
Wolverine Worldwide has become the target of at least 90...
Wolverine Worldwide has become the target of at least 90 individual lawsuits alleging that its now closed tannery in Kent County, Michigan, polluted drinking water with toxic chemicals used by 3M to waterproof its leather, starting with its Hush Puppies shoes in 1958. About 20 sites are said to have ...
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The German shoe industry’s sales grow by 5.9%
The “sneaker hype” again helped boost shoe exports from Germany in 2017. According to federal statistics, exports of sports shoes with textile and leather uppers rose last year by 22.2 percent to 41 million pairs. Overall sales abroad of shoes with textile uppers went up by 17.9 percent and those ...
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News briefs
Myanmar has increased by 33 percent the minimum wage for...
Myanmar has increased by 33 percent the minimum wage for workers in the garment industry, which will be of MMK 4,800 (€2.9-$3.6) per day, or MMK 600 (€0.36-$0.44) per hour. The current basic daily salary is MMK 3,600 (€2.7-$3.3), a rate which was established in September 2012. The raise will ...
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New programs to revitalize skills and jobs in Europe
The European Confederation of the Footwear Industry (CEC) is activating two new programs intended to prepare European shoe companies for a positive generational change. It is participating with other stakeholders in the broader textile, clothing, leather and footwear (TCLF) sector in a strategic four-year project, funded by the European Commission ...
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Europe exports more, China’s role declines
Exports of footwear from the European Union to the rest of the world increased by 12.5 percent in the first half of 2017, according to a preview of the World Footwear Yearbook prepared every year by Apiccaps, the Portuguese shoe industry association. The biggest increases were recorded in Germany and ...
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News briefs
Cotance, the European Union (EU) leather industry representative body, sent...
Cotance, the European Union (EU) leather industry representative body, sent a letter to Dr. Martens on Jan. 18, in which it complains about the company's references to “leather” in its description of shoes in its current collection, while the shoes are actually made from synthetic materials. In 2017, Dr. Martens ...
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News briefs
Louboutin, best known for its stiletto heels and red sole,...
Louboutin, best known for its stiletto heels and red sole, has suffered a setback in its bid for exclusive rights to put red soles on high-heeled shoes. The French designer went to court in the Netherlands to prevent VanHaren, a Dutch high street shoe retailer, from selling its own version ...
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News briefs
The shoe industry in the Balearic Islands, and particularly in...
The shoe industry in the Balearic Islands, and particularly in Menorca, where it is traditionally strong, is expected to benefit from an overall plan for the Balearic Islands to boost the manufacturing sector. The plan, which was announced by the President of the regional government, Francina Armengol, on Jan. 22, ...
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Article
Italian shoe production rises by 1.0% in volume
Italy's shoe production inched up by 1.0 percent in volume to 189.5 million pairs and by 1.0 percent in value to €7,748 million in 2017 thanks to higher exports, which absorb about 85 percent of the country's output, according to an estimate released by the Italian shoe industry association Assocalzaturifici, ...
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News briefs
In Italy, a new sanctioning regime is now in place...
In Italy, a new sanctioning regime is now in place against the violations concerning the labeling of the materials used in footwear and in the fibers for textile products. The law (published in Gazzetta Ufficiale no. 296 of Dec. 20, 2017), which is in effect from Jan 4, 2018, makes ...
