World Footwear

Employment

About 400 Turkish footwear factories destroyed in February's earthquakes

Mar 2, 2023 / Turkey
Around 400 footwear factories were smashed in the footwear cluster of Antakya during the two earthquakes that hit southern Turkey and north-western Syria on the 6th of February 2023

Pou Chen to cut 6 000 jobs in Vietnam

Mar 1, 2023 / Vietnam
The Taiwanese-based footwear manufacturer has reportedly slashed 3 000 jobs amidst weak demand. Another 3 000 people will not see their labour contracts extended by the end of the year

Zalando to cut hundreds of jobs

Feb 22, 2023 / Germany
The German-based online retailer announced that it will cut hundreds of jobs due to the increasingly challenging macroeconomic environment experienced after the COVID-19 pandemic

Sneaker’s share to continue increasing

Premium ContentFeb 14, 2023 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, we asked our panel of experts how they expected sneakers’ share of international footwear trade to evolve by 2050

2023 could bring a loss of 56 million pairs in Europe's consumption

Premium ContentJan 30, 2023 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, we have asked our panel of experts about their perspectives regarding footwear consumption, in their domestic market and globally

Puma named Global Top Employer in 2023

Jan 27, 2023 / Germany
The German-based sports company has been named global Top Employer 2023 by the Top Employers Institute, receiving also the award for four regions and twenty-two countries

UK consumer confidence picked up in the last quarter of 2022

Jan 25, 2023 / United Kingdom
The latest Deloitte Consumer Tracker revealed that after 15 months of consecutive decline, UK consumer confidence improved slightly by 0.6% in the last quarter of 2022 to -19.7%

International Accord arrives in Pakistan

Jan 20, 2023 / Pakistan
The Pakistan Accord, expected to go into action in the upcoming spring, will address working conditions and safety within the textile and garment supply chains of brands sourcing in Pakistan

Pakistan: tanneries risk closure due to credit issues

Jan 12, 2023 / Pakistan
Several goods destined for the tanning industry remain detained at the Karachi Port because commercial banks are refusing to collect documents due to the non-availability of dollars

Double-digit increase in turnover for Italian footwear manufacturers

Jan 11, 2023 / Italy
In the first nine months of 2022, Italian shoemakers' turnover increased by 13.9%, year-over-year. But growth is not alike among companies, says Assocalzaturifici, highlighting the rising costs

Stitch Fix cuts 20% of its salaried workforce as CEO steps down

Jan 11, 2023 / United States
Elizabeth Spaulding is no longer CEO of the US-based personal styling company. Founder and former CEO Katrina Lake has reassumed the position until a successor is appointed

Amazon to lay off just over 18 000 people

Jan 6, 2023 / United States
The Seattle-based online retailer giant has announced that it will cut more than 18 000 jobs across stores and in People, Experience, and Technology (PXT) groups

Colombian footwear industry struggles with labour shortage

Jan 5, 2023 / Colombia
2022 was a good year for the Colombian footwear industry, says ACICAM. But rising costs and, especially, the labour shortage might slow down production in 2023

Cost of merchandise and raw materials is the main concern of the industry

Premium ContentDec 30, 2022 / Business Conditions Survey
In the current edition of World Footwear Business Conditions Survey, problems associated with the cost of merchandise and raw materials account for more than 80% of responses relating to the main difficulties felt by the footwear industry

Employment in the sector not expected to grow in 2023

Premium ContentDec 26, 2022 / Business Conditions Survey
According to the perspectives of the most recent edition of the World Footwear Business Conditions Survey, conducted in November, employment in the footwear industry should stabilize or decrease in the next few months
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