Brazil renews footwear export program for 2 years
Abicalçados, the Brazilian footwear association, and ApexBrasil, the Brazilian agency for the promotion of exports and investments, signed the renewal of a two-year agreement to promote Brazilian footwear.
EU-Mercosur trade deal applied provisionally from May 1
The European Commission, the executive arm of the European Union (EU), said that it will start on May 1 with the provisional application of the EU-Mercosur interim Trade Agreement (iTA) despite the opposition of some leading European countries and a demand of clarification by the European Parliament.
European shoemakers call for rapid introduction of 'deemed importer' designation
Alongside 15 other trade associations of the European Union, the European Footwear Confederation (CEC) has signed an industry statement calling for the rapid introduction of the EU’s “deemed importer” designation.
Aeffe receives expressions of interest from investors, plans to pick a buyer by end May
Aeffe, the troubled Italian fashion group that owns the luxury footwear brand Pollini, has received several non-binding expressions of interest from Italian and foreign investors with experience in the fashion industry. Aeffe also owns the high-profile brands Alberta Ferretti and Moschino.
EU to proceed with provisional application of the trade agreement with Mercosur
The European Commission, the executive arm of the European Union (EU), is proceeding with the provisional application of the controversial free trade agreement with Mercosur after the accord was cleared by Argentina and Uruguay.
Trump announces a 15% worldwide tariff after US Supreme Court ruling
US President, Donald Trump, announced a 15 percent worldwide tariffs on goods imported into the US after the US Supreme Court said that the President had exceed his authority by imposing tariffs under the the International Emergency Economic Powers Act (IEEPA) of 1977. The ruling, issued on Feb. 20, was ...
Italian shoemakers see delay in EU-Mercosur trade deal as severely damaging
The European Parliament’s decision to delay the ratification of the European Union-Mercosur trade agreement by requesting a legal opinion from the Court of Justice of the European Union is viewed as severely damaging by the Italian footwear industry.
Theo Wormland to cease operations
Wormland, the German men’s fashion retailer, founded in Hannover in 1935, is shutting down after efforts to find new investors failed following its second insolvency. With no viable offers submitted, the provisional creditors’ committee has decided to close the nearly 90-year-old company and insolvency proceedings were formally opened by the ...
CEC introduces a new member category and launches a sustainability working group
The European Footwear Confederation (CEC) introduced a new membership category, Associate Members, following the modification of its statutes and launched a sustainability working group with some European technology centers.
EU and India conclude negotiations for free trade agreement
The European Union and India have concluded negotiations for a free trade agreement, marking the largest such deal ever concluded by either side.