Siro Badon, who had been elected to the role of Chair of the organization in June 2019, submitted his resignation on the 26th of July, claiming both personal and professional reasons
Amid a challenging macro-environment, digitalization and sustainability emerged as priorities for the future of the footwear industry at the annual meeting of Assocalzaturifici held in Bologna
After focusing on the footwear business in Poland, South Africa, South Korea and Russia, today, we bring you a new country snapshot, this time analysing in detail the Swiss footwear industry
The British luxury shoemaker announced that it has won the long-running legal battle in China to use its name, becoming able to enter the world’s fastest-growing luxury market for the first time
The Portuguese brand recreated the iconic model of pointed two-tone shoes launched by Coco Chanel in 1957 and introduced its High Standards line of slingbacks manufactured in Portugal
The COVID-19 pandemic appears to have given a sustainable boost to e-commerce in the footwear sector, as 2021 was the second-best year in this regard, immediately after 2020
The luxury group reported in a trading update that despite an overall recovery, sales in Mainland China dropped by 35% in the first quarter of 2022, as compared to the same period of last year
These limits are a consequence of the latest measures taken by the Argentine government to contain the outflow of foreign currency. Brazilian footwear industry voices its concerns
The Brazilian Footwear Industries Association (Abicalçados) and the organizer of trade fairs announced on the 12th of July the kick-off of the Brazilian Footwear Show trade fair, with two editions a year
According to the Footwear Distributors & Retailers of America (FDRA), the footwear industry is pulling back on hiring and investment due to a major forecast of weaker sales for the next six months
Despite the declining trend of the monthly shoe store retail sales and persistent macroeconomic headwinds such as supply chain disruptions and the continuous rise of inflation, US companies are displaying some optimism towards the remaining year. That is not the same as saying there is no caution or concerns on the horizon. The pace of the increase in footwear prices is in fact slowing, suggesting that the pressure of demand might be no more at work in the US. The critical point is that consumer confidence collapsed due to inflation and the war in Ukraine, which might restrain consumer spending this year
According to the Association for Media Research (AIMC), price was the main factor considered by Spanish when buying clothing and accessories last year, followed by quality and comfort
The European social partners of the textiles, clothing, leather, and footwear (TCLF) sectors adopted a joint statement calling for action to ensure a successful green and digital transition
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the expectations of our panel of international footwear experts