News
UK: shopping patterns return to pre-pandemic levels
A report from Airtime Rewards reveals a strong return to pre-pandemic shopping patterns in the UK, as 3 in 5 consumers were reported to be shopping more than once in high street locations
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)
Tod’s CEO exits
The Italian-based luxury goods group has announced the exit of its CEO, Umberto Macchi di Cellere. The position will be occupied by Chairman Diego Della Valle and Vice-Chairman Andrea Della Valle
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
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
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
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
Canada Goose steps into the footwear segment
The Canadian-based luxury outwear brand will launch its first footwear line in November. The release is part of Canada Goose’s “Beyond the Parka” growth strategy, aiming to turn the company into a fully-fledged lifestyle brand
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
The pandemic led to a higher global attention for the Turkish footwear industry
We spoke with Berke iÇTEN, recently appointed President of the Footwear Industrialists Association of Turkey (TASD), and have discussed the current state and future challenges of the footwear industry in Turkey and in the global scene
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