The Italian Footwear Manufacturers' Association has shown concern over the impact of the conflict on the footwear trade. Russia and Ukraine are important markets for the Italian footwear
Despite a new peak in COVID-19 infections, the high vaccination rate has enabled factories to continue producing, reversing last year’s policy of lockdowns
The COVID-19 pandemic created pressure on the global supply chains, which has resulted in shortages of materials and increased transport prices. The cost of merchandise and raw materials is now the main concern of the footwear industry
According to the 2022 C-Suite Outlook survey, rising inflation, labour shortages, supply chain disruptions and changing consumer behaviours are the top-of-mind concerns for executives
A combination of factors will determine the consumer’s decision to choose a pair of shoes. With a view to find out what are the most relevant drivers in that process, we have asked our experts to choose the most relevant factors. Price is at the top of the list
It doesn’t come as a surprise, but the conclusions from enquiring our Panel of Experts of the World Footwear Business Conditions Survey point to a continuation of the trend around sneakers and sports related footwear. Read more about it today
Digital channels are increasingly important and during the onset of the COVID-19 pandemic, many retail businesses had to quickly adjust from in-store to digital sales. More then ever, the focus seems to be on the digital
The Minister of Economic Development, Giancarlo Giorgetti, has announced a non-repayable grant of 10 million euros to support the Italian tanning industry
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
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
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
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 TCLF Pact of Skills is an initiative promoted by the European Commission to support the investment in upskilling and reskilling across the fashion industry