World Footwear

Employment

Shift towards Streamlined Production Lines is Anticipated

Premium ContentJul 16, 2024 / Business Conditions Survey
In this edition of the survey, we asked our experts about their opinion on which technology – from a pre-selected list – is most likely to revolutionize the footwear industry in the coming years. Read all about it now

Influencer Marketing seen as a Successful Tool for Footwear

Premium ContentJul 9, 2024 / Business Conditions Survey
In this edition of the World Footwear Business Conditions survey, we asked our experts about their opinions on the effectiveness of influencer marketing. The results shed light on the apparent noteworthy impact of influencer marketing in the footwear industry

Hundreds of jobs to be axed at Burberry

Jul 8, 2024 / United Kingdom
The UK-based luxury label plans to cut hundreds of jobs as part of a radical cost-cutting programme intended to bolster falling profits, the Telegraph reports

Optimistic expectations for footwear retail prices

Premium ContentJul 2, 2024 / Business Conditions Survey
76% of the respondents of the last edition of the World Footwear Business Conditions Survey expect footwear retail prices to increase over the next six months. The 10th edition of the World Footwear Business Conditions Survey results are now available

Positive perspectives about the health of footwear business

Premium ContentJun 25, 2024 / Business Conditions Survey
Almost 60% of the respondents of the last edition of the World Footwear Business Conditions Survey seem confident regarding the health of their businesses. The 10th edition of the World Footwear Business Conditions Survey results are now available

Clarks to cut a further 150 jobs

Jun 21, 2024 / United Kingdom
The British footwear specialist is reportedly set to slash 150 office jobs, as losses widened last year. The latest job cuts come after the company made 103 roles redundant in 2023

Industry is antecipating an increase in the quantity of footwear sold

Premium ContentJun 18, 2024 / Business Conditions Survey
According to the latest edition of the World Footwear Business Conditions Survey more than 60% of the respondents expect quantities of footwear traded to increase. All results are now available

Brazilian footwear exports remain in the red

Jun 12, 2024 / Brazil
Brazilian footwear exports are still in the red. In the first five months of the year, footwear exports fell by 25% in volume and 22% in value, as compared to the same period of last year

Giovanna Ceolini: We have many tough challenges on the horizon

Premium ContentJun 10, 2024 / Italy
We spoke to Giovanna Ceolini, recently re-elected President of Assocalzaturifici until 2027, to explore the association’s key priorities for the future in the face of a challenging economic climate. We also discussed the upcoming edition of MICAM, which has recently moved to a three-day format

Nike job cuts reach Europe

Jun 7, 2024 / United States
The US-based sportswear giant has cut jobs at its European headquarters in the city of Hilversum, just outside Amsterdam, as part of a multi-year cost-cutting plan, said Bloomberg

Cost of raw materials and insufficient demand continues to worry the footwear industry

Premium ContentJun 4, 2024 / Business Conditions Survey
Respondents of the 10th edition of the World Footwear Business Conditions Survey reveal that cost of raw materials and insufficient demand continue to negatively impact their businesses

Indonesian footwear industry hit by a lay-off wave

May 30, 2024 / Indonesia
The recent closure of PT Shoes Bata Tbk, a subsidiary of footwear company Bata, with the lay-off of 233 people, has highlighted a wave of redundancies that has hit the Indonesian footwear industry

Footwear experts expect importance of digital retail channels to continue to increase

Premium ContentMay 28, 2024 / Business Conditions Survey
Since the first edition of this survey, we have been asking our panel of experts about their expectations regarding the evolution of the percentage that different retail channels represent in the total sales of footwear in their country

Under Armour to lay off staff as sales continue to fall

May 24, 2024 / United States
The Baltimore-based company has launched a restructuring plan for fiscal 2025, which includes the layoffs of an unspecified number of employees, after reporting weak fourth quarter and full year results

Footwear survey reveals optimistic outlook

Premium ContentMay 21, 2024 / Business Conditions Survey
The results of the 10th edition of the World Footwear Business Conditions Survey are now available. Despite the macroeconomic scenario, the overall outlook remains optimistic
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