World Footwear

Investment

Lenzing completes lyocell expansion project in Thailand

Mar 14, 2022 / Austria
The leading supplier of wood-based speciality fibres has announced that it has completed its 400 million euros lyocell expansion project in Thailand, despite COVID-19 pandemic constraints

Footwear business not expected to be carbon neutral by 2050

Premium ContentMar 9, 2022 / Business Conditions Survey
Sustainability is becoming more of a real concern for businesses and inhabitants of this world. However, some claim this is just a fashion trend or a marketing tool. With that in mind we have asked our panel if the footwear industry will be able to be carbon neutral by 2050. Half of the respondents don’t believe that will happen

Cost of merchandise and raw materials is the main concern of the footwear business

Premium ContentFeb 3, 2022 / Business Conditions Survey
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

Price of footwear is the most important driver in the buying decision

Premium ContentJan 31, 2022 / Business Conditions Survey
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

Sneakers and sports related footwear to continue on the rise

Premium ContentJan 27, 2022 / Business Conditions Survey
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, digital and more digital

Premium ContentJan 14, 2022 / Business Conditions Survey
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

Italian Government supports the leather industry

Jan 13, 2022 / Italy
The Minister of Economic Development, Giancarlo Giorgetti, has announced a non-repayable grant of 10 million euros to support the Italian tanning industry

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

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

Premium ContentJan 7, 2022 / Business Conditions Survey
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

Average footwear export price to grow 20% by 2025

Premium ContentJan 3, 2022 / Business Conditions Survey
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

Sergio Rossi to join Milan’s Spiga 26 hub

Dec 30, 2021 / Italy
The Italian luxury footwear brand is the second tenant of the real estate project, located at the heart of Milan’s fashion district. The store is expected to open in the spring of 2022

Footwear consumption with moderate growth in 2022

Premium ContentDec 27, 2021 / Business Conditions Survey
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

Owner of Havaianas invests in Rothy’s

Dec 27, 2021 / Brazil
The Brazilian company Alpargatas will acquire a stake of 49.9% of the Californian-based sustainable lifestyle brand in a two-step transaction

Launch of Pact of Skills for the European Fashion Industry

Dec 20, 2021 / European Union
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
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