News
Mexico: footwear imports grow five times faster than local production
According to the Chamber of the Footwear Industry of the State of Guanajuato (CICEG), 35% of the footwear worn by Mexicans is imported. This figure will most likely continue to increase
Portuguese Shoe Museum hosts exhibition on sustainability
The exhibition 'Trend or Future? Footwear and Sustainability' introduces the public to materials, products and innovative actions that point towards a more sustainable footwear production
Skechers expands presence in Ireland with the opening of a flagship store
The US-based company has opened a flagship store on Dublin's Grafton Street, located in one of Ireland’s busiest districts, to showcase its range of offerings and comfort technologies
Cost of merchandise and raw materials is the main concern of the industry
In the current edition of World Footwear Business Conditions Survey, problems associated with the cost of merchandise and raw materials account for more than 80% of responses relating to the main difficulties felt by the footwear industry
China scraps COVID-19 quarantine for international travellers
Despite the increase of COVID-19 cases in the country this month, China announced that from the 8th of January travellers will no longer be required to quarantine upon arrival on the mainland
British Vivienne Westwood dies at 81
The fashion designer, who was the pioneer of the punk fashion phenomenon of the 70s and whose subsequent eccentric styles had a major influence in later decades, died at the age of 81. She was also a known climate activist
Brazilian footwear production to grow at a lower rate in 2023
As the year closes with an estimated growth of 3%, Brazil's footwear production rate is expected to decline to 1.6% in 2023 due to the macroeconomic slowdown and the gradual return of China to the global market
Indian's leather footwear exports grew by 32%
From April to October 2022, India's leather footwear exports rose by 32%, year-over-year, reaching 1.46 billion USD. This segment represented about 45% of total India's leather exports
Inditex will invest at least 10 million euros to restore ecosystems
The Spanish-based fashion group has signed a three-year partnership agreement with the World Wide Fund for Nature (WWF) to support nine of the organization's conservation projects
UK Boxing Day footfall declines by 15.3% over pre-pandemic levels
On a comparable basis to 2019, UK in-store footfall was down by 15.3% this past Boxing Day, mostly due to rail strikes, travel disruptions and the rising cost-of-living, says RetailNext
Mizuno's Innovation Centre in full swing
After three years since the announcement of the investment, the Osaka-based sportswear company reported that its Innovation Centre, called Mizuno Engine, is now operating
US: majority of SMBs are contemplating nearshoring
According to a survey released by the tech company Capterra, 88% of small and midsized businesses (SMBs) are considering or have already switched some of their suppliers closer to the US
Under Armour appoints new CEO
The Baltimore-based company has announced the appointment of the current President of Marriot International, Stephanie Linnartz, to the role of President and Chief Executive Officer
Scotch & Soda announces new footwear licensee
The Amsterdam-based fashion brand has signed a worldwide licensing deal with Bos Group International for the design, production and distribution of the brand’s footwear collections
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