Hope for a return to normality in March, following the lift of the quasi-emergency restrictions imposed to control the Omicron-variant outbreak at the end of 2021, appears to be off the picture. The impact of Russia’s invasion of Ukraine on households and companies, which is prompting a hike in commodities and food prices, can no longer be discarded. Most likely, the footwear retail growth momentum of the final months of last year will not be accompanied by an increase in prices to avoid scaring away consumers, whose confidence suffered yet another blow in front of the international conjuncture
The Sweden-based fashion group reported net sales growth in the first quarter of the current fiscal year, amidst concern over the impact of the Russia-Ukraine war
Asics Mind Race experiment revealed that the impact of a week of physical inactivity is similar to a week of broken sleep. But it takes only 15:09 minutes of physical activity to lift the mood
According to Abicalçados, footwear exports had the best performance in the first two months of this year since 2011. International conjecture is showing to be favourable for the industry
The US-based footwear retailer has announced that it will set a science-based target in line with the criteria established by the Science-Based Target initiative (SBTi) to fight the climate change
The Hong Kong-based footwear manufacturer and retailer has reported audited results for fiscal 2021, confirming revenue growth over 2020, and announcing a new investment in Indonesia
The logistics giant and the footwear brand have come together to launch a handcrafted limited edition of 365 pairs, dubbed ‘Dear’ Everyone’, to celebrate everyone and every one
The Portuguese company Costa, Costa & Oliveira has just launched its new insignia, supported by a global eco-friendly vision. The company also owns the woman’s footwear brand Pinto di Blu
From the 30th of March to the 1st of April, the international leather trade fair will bring together to a new venue, for the first time since the beginning of the pandemic, the global leather industry
The monthly shoe stores retail trajectory shows that footwear retail has begun to disregard any COVID-19 related concerns since the second quarter of 2021. However, there are other worries on the horizon. Consumers’ mood has been trailing a downwards trend, hitting the lowest value in January. At the same time, prices have been quickly increasing since September, and the global impact of Russia’s invasion of Ukraine might contribute to undermining future retail prospects
The board of the Leathergoods and Footwear Manufacturers & Exports Association of Bangladesh has unanimously elected Syed Nasim Manzur to the role of President
The company posted revenue growth of 1% to 8.53 billion US dollars over the full year 2021, as compared to the previous year, amidst a challenging operating environment
Despite the threats posed by Russia’s war on Ukraine, Turkish footwear manufacturers remain optimistic about the future and look at Aymod as an opportunity for diversifying markets