Since the first edition of the World Footwear Business Conditions Survey conducted in the second semester of 2019, this is the most positive result obtained: traders and manufacturers are extremely optimistic about footwear sales
Generalized labour shortage across the manufacturing sector slows down Vietnam's economic recovery, despite companies offering better wages and benefits to attract workers back
The average export price of footwear has increased by more than 30% in the last decade. As new pressure points are felt in the footwear market, our experts believe that by 2025 the average footwear export price could be above 12 US dollars
The forecast is from the President of the Chamber of the Footwear Industry, who noticed that companies would still be working at full capacity to meet demand at least in the first week of December
We asked our panel about their expectations regarding the evolution of footwear consumption in 2022, both in their home countries and globally. Expectations are cautious, despite the growth forecast, as a moderate rise is anticipated
The sportswear giant in Argentina is to invest 4.2 million US dollars in its factory in La Rioja to increase its production capacity to 2.5 million pairs per year
The Danish shoemaker has chosen to use Stratasys Origin One 3D printers and Henkel Loctite materials to accelerate the shoemaking development process in its facilities in Portugal and Denmark
There is a rising expectation about the evolution of footwear prices in the coming months. Our experts anticipate prices to continue to rise, as a result of several pressure points impacting the business. Get access to the latest Business Conditions report and find out more today
The footwear industry fears a raw materials’ crisis due to the ongoing energy crisis in China, which is causing a delay in deliveries. The sector remains very dependent on Chinese products
Although COVID-19 is still one of the topics of the moment, most of the experts of the World Footwear Business Conditions Survey believe the coming months will be positive with favourable expectations about the levels of employment in the business
Although COVID-19 is still dominating most of our conversations and making headlines in the news, most of our panel experts believe that businesses will have a positive evolution. Read about this in our most recent bulletin of World Footwear Business Conditions Survey
This is the main outcome of the most recent edition of the World Footwear Business Conditions Survey, conducted during the month of October. Today we bring you a summary of some of the main conclusions
A few weeks ago, Cambodia’s Ministry of Labour and Vocational Training issued regulation setting the new minimum wage for the garment, textile, and footwear industries for 2022
Several Vietnamese apparel and footwear companies have incurred contractual penalties for delivery delays this year, while facing unexpected order cancellations for 2022
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