US set to become Italian shoes’ top destination The US will become Italy’s top market for footwear exports by 2022, according to Confidustria, the General Confederation of Italian Industry. It is currently the fourth biggest in terms of exports, but these are predicted to grow 43% in value to €1.7 billion in five years. “The...
UK Jimmy Choo shareholders back Michael Kors takeover Shareholders in UK-based luxury shoemaker Jimmy Choo have voted almost unanimously in favour of a takeover by Michael Kors. It gives the green light for the US leathergoods group ...
Italy Italy’s prime minister promises boost for footwear Italian prime minister Paolo Gentiloni was the guest of honour at shoe fair Micam, which took place in Milan (September 17 to 20). He told visitors: “The growth of GNP, the ...