Business News January 2017

TFL publishes every month business news with focus on the leather industry, on a worldwide basis.

Vietnam increases shoe exports

Vietnamese shoe exports have risen by six percent to 6.23 billion US Dollars within the first half-year 2016. Exports to almost all regions were increased, the manufacturer’s association Lefaso announced. Growths above average were seen in exports to Belgium –the most important market for Vietnamese shoes - (+20.7%), to China (+11.9%) and Japan (+16.0%). Exports to Germany rose by 7.3 percent.

Jimmy Choo on record track

Luxury shoes brand Jimmy Choo has risen its turnover in the first half-year by 9.2 percent to 173.1 million Pounds (approx. 240 million Euros). Especially in China – where the new men’s collections have started off well – turnovers developed above average. Benefit rose by 27.9 percent to 14.4 million Pounds (19 million Euros). CEO Pierre Denis expects 2016 to be another record year for the London enterprise.

CCC wants to grow further

In 2017, Polish shoe dealer CCC wants to open at least a ten further branches in Austria alone. This has been announced by CCC general manager Gerald Zimmermann who – from his base in Graz – is leading the Slovenian and Croatian CCC subsidiaries and who additionally took over the management of the CCC Germany Ltd on 1st December in the course of the opening of the first CCC affiliate in Salzburg on 1st December. The family shoe shop comprising 481 square metres in the shopping centre Forum 1 at the Salzburg main station will be the 39th CCC affiliate in Austria. Twelve of which have been opened this year.

Mephisto invests in Portugal

Shoe manufacturer Mephisto is building a new production site in the Portuguese Viana do Castelo. The French enterprise is investing 6 million Euros in the site comprising 3,000 square metres. The new factory hall will be built besides the Mephisto factory that has existed since 1990 and in which 450 employees produce shoes. The new facility will emerge a further 50 work stations.

I.L.M. again booked out

The international leather goods fair I.L.M. is continuing its record track. The coming issue of the fair for bags, accessories and luggage will take place from 4th to 6th March 2017 in Offenbach and is expecting roughly 300 exhibitors from 25 countries. The new collections for autumn/winter 2017/18 will be focused on. With an area of almost 13,000 square metres the fair halls are completely booked. The share in international suppliers has risen again and is now at 53 percent (+2 percent in comparison to previous year’s edition). Not only suppliers from the US and the Netherlands will show their colours in Offenbach, also modern Italian bag manufacturers show clearly increased interests.

Late Shoeshow date

The second European Shoeshow will take place on 24th and 25th September 2017 – a weekend after the Milan Micam. Venue will again be the Cologne location Xpost; however, in the case of a clearly increasing exhibitors’ participation he’ll also have two bigger locations in the Cologne/Dusseldorf area at hand, says fair manager Frank Hartmann. The premiere will take place on the 12th and 13th March and is booked up to 85 %, ultimately Frank Hartmann expects up to 170 exhibiting companies.