Brazilian tanners and traders saw record figures for the second consecutive month in terms of raw, semi-processed and finished hide exports worth $229.3 million during May, an increase of 16.8% compared to May 2012 and an increase of 5.0% compared to April 2013, sources reported.
The world's luxury market is expected to be five times greater by 2025, compared to that in 19995, according to a latest report conducted by research firm Bain & Company.
Coach inc is adding shoes line to its portfolio that the company spokeswomen Andrea Resnick described as "a significant opportunity", sources reported.
Nike and Adidas are utilising 3D printing technology to improve the speed of their shoemaking capabilities, thus reducing manufacturing time and costs.
Vietnamese designer Duong Ngoc Lan Chi from Anlac Footwear Joint Stock Co (Alsimex) beat 180 others to win the first prize in the 5th International Footwear Design Competition, sources reported.
Prada's first-quarter profits was up by 25% excluding Japan thanks to continued strong demand in Asia Pacific region for luxury handbags and accessories.
