Highlights
UK Retail: the second quarter might have been the lull before the storm
Despite a 6 percentage points gain in the TCF (Textile, Clothing, & Footwear) Retail Sales Index in the second quarter of 2022, over the prior one, and a positive trajectory in footwear imports, prospects do not look good for retail. Amidst skyrocketing inflation and the worst consumer sentiment since 1974, the footwear consumer can barely afford further price increases, making the retail volume tilted to the downside. With the threat of a recession from the fourth quarter on, the majority of retailers believe that the cost-of-living crisis will be almost twice as damaging as the COVID-19 pandemic
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UK to reintroduce tax-free shopping for international visitors
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Columbia Sportswear outlines 3-year growth targets
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Vapesol launches recycled nitrile gloves soles
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JD Sports remains cautious for the second half
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US footwear price increases appear to be slowing down
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Letícia Sperb Masselli (Abicalçados): There is a shift in the market
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Peru extends anti-dumping duties on Chinese footwear
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Swiss On presents first-ever carbon emission shoe
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MICAM wraps up with a 35 470 attendance
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