World Footwear

News

ABG cancels its IPO application

Jan 11, 2022 / United States
The retail conglomerate has officially withdrawn the registration that it had made with the US Securities & Exchange Commission for an initial public offering on the 6th of July 2021

Expo Riva Schuh & Gardabags ready to open its doors

Premium Content Jan 10, 2022 / Italy
Expo Riva Schuh & Gardabags is set to safely welcome more than 500 exhibitors, representing over 32 countries worldwide, in the second event in-person since the outbreak of the pandemic, which will be held from the 15th to the 18th of January. The guarantee comes from Roberto Pellegrini, Chairman of Riva del Garda Fierecongressi, and Alessandra Albarelli, General Manager of Rival del Garda Fierecongressi, with whom we have spoken to anticipate the exhibition, but also discuss the future of the industry

Dr. Martens’ main shareholder sells part of its shares

Jan 10, 2022 / United Kingdom
The Luxembourg company IngreLux, owned by funds advised by the private equity firm Permira, has announced that it has sold 65 million of its ordinary shares, at the price of 4.73 euros

Traders and manufacturers with positive prospects about footwear sales

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

140 million euros to transform the Portuguese footwear industry

The Portuguese footwear industry will invest 140 million euros, through the Footwear and Fashion Cluster, to become “the international reference in the development of sustainable solutions”

New chapter on Prada and adidas collaboration

Jan 7, 2022 / Germany
The adidas for Prada Re-Nylon collection reimagines luxury sportswear through a sustainable lens, while celebrating the adidas Originals Forum and Prada’s Re-Nylon fabric

Imanol Martinez (FICE): work that would be done in 4 years was done in 6 months

Premium Content Jan 6, 2022 / Spain
Today we share with you the first part of a conversation with Imanol Martinez, Marketing Director of FICE, the Federation of Spanish Footwear Industries. Amongst other topics, we talked about the COVID-19 crisis and its impacts in the footwear industry

Italy: footwear revenue increases in 2021

Jan 6, 2022 / Italy
Italian footwear industry should report double-digit recovery in 2021, despite not reaching pre-pandemic levels. Exports remain the main driver of the sector

Brazilian footwear industry celebrates tax exemption on wages

Jan 5, 2022 / Brazil
The extension of the payroll exemption until the end of 2023 is good news for the footwear industry. The measure is seen as essential to maintain and create new jobs in the sector

Vietnamese workers reluctant to go back to work

Jan 5, 2022 / Vietnam
Generalized labour shortage across the manufacturing sector slows down Vietnam's economic recovery, despite companies offering better wages and benefits to attract workers back

Skechers assumes distribution in the Philippines

Jan 4, 2022 / United States
The US-based footwear giant has transitioned its operations in the Philippines from a third-party distributor to Skechers USA Philippines. The goal is to maximize growth prospects in the region

Fashion bets on data-analysis science

Jan 4, 2022 / World
The Retail Data-Forwardness Index shows that 22 leading global fashion companies employed 40.3% more data related professionals in 2021 than in 2020

Average footwear export price to grow 20% by 2025

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

Aera earns B Corp. Certification

Jan 3, 2022 / United States
The luxury vegan footwear brand has said that now meets the required standards of social and environmental performance, transparency and accountability, granting it B Corp. Certification

Footwear prices on growing mode

Premium Content Jan 3, 2022 / World
The overall increase in prices, associated with the disruptions in the supply chain we have come to know since the beginning of the COVID-19 pandemic, has been on the agenda for quite some time now. This trend affects necessarily the footwear industry across the entire supply chain, from suppliers of raw materials to final consumers. We have identified the key pointers that allow us to have a better understanding of this worldwide increase.
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