Companies
Vietnam is now the main exporter of textile footwear
For the first time since the World Footwear Yearbook was launched ten years ago, China is not leading the exports of one of the main categories of footwear exports
UK: online brands anticipate direct-to-consumer sales surge
According to a new survey, UK brands selling online are expecting a five-year surge in direct-to-consumer sales driven by the COVID-19 pandemic, which has caused them to invest in their own sales channels
adidas teams up with thredUP in resale programme
In partnership with second-hand platform thredUP, the sportswear giant has launched its Choose to Give Back programme. The initiative, aiming at extending the products's life cycle, is part of adidas End Plastic Waste's mission
ASOS CEO resigns as company issues profits warning
The fashion retailer announced the CEO’s resignation as it disclosed the final results for the fiscal year of 2021. Despite a strong performance, the company issued a profit warning due to supply chain disruptions and rising costs
Join the 5th edition of the World Footwear Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views about the current business situation and assess the main impacts of COVID-19. Join the new edition of the World Footwear Business Conditions Survey. We also want your opinions on the post-pandemic issues. Join today! We want to hear you
Nike displays LeBron James Innovation Center
Located at the centre of the sportswear giant’s headquarters in Oregon, the LeBron James Innovation Centre will also house the renovated Nike Sport Research Lab (NSRL)
International Transport Organizations call for the relief of COVID-19 restrictions
IRU, IATA, ICS and ITF have come together to make an urgent plea to Governments and United Nations Agencies to ensure and facilitate the free and safe movement of transport workers
Brazilian footwear production should increase 12.2% in 2021
According to the Brazilian Footwear Industries Association, footwear production should increase by 12.2% in 2021, totalling 856.9 million pairs. Growth is driven by the increase in footwear exports
Caleres with new Senior Vice President for Customer Marketing
Suzy Cirulis was named Senior Vice President for Customer Marketing and will lead the company’s customer marketing efforts across the entire Caleres portfolio
Gap publishes the 2020 Global Sustainability Report
The document summarizes the efforts of the company and each of its brands towards sustainability and the fostering of a more inclusive and fairer workplace
A growing mode Capri will announce second quarter results in a month
The global fashion luxury group, owner of brands Michael Kors, Jimmy Choo and Versace, will disclose the results for the second quarter of the fiscal year 2022 on the 3rd of November
Minelli sold to the owners of San Marino
Vivarte has concluded the sale of its footwear and accessories brand Minelli to the businessmen Stéphane Collaert and Laurent Portella, who also purchased the footwear brand San Marino in February 2020
AAFA: industry expresses concern over tax-tariff burden
The American Apparel & Footwear Association President and CEO Steve Lamar expressed concerns with the Biden administration’s plans to continue collecting tariffs
China’s share in footwear production down by 13% in a decade
China is the unquestionable leader in footwear production, having achieved a share in the world total of 54.3% in 2020. This translated into more than 11 billion pairs produced by China last year. However, in a decade, the share of China in global footwear production was down by 13%, corresponding to more than 8 percentage points lost and going down from a 62.4% share in 2010
Average export price of footwear grows by 57% in a decade
Over the last decade, the average worldwide export price of footwear grew significantly and registered a record value of 10.37 US dollars in 2020. This is the highest value ever registered and represents growth of 56.7% compared to 2010 (when the average price was only 6.61 US dollars). Such variance points to an average annual growth in the footwear sector of 4.6% throughout this decade, while the general inflation of the economy was only 1.66%. Footwear prices grew almost three times more than the average registered for all goods-
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