World Footwear

Employment

Online Business Marketing Tools gain Importance after COVID-19

Premium ContentJul 18, 2023 / Business Conditions Survey
In this edition of the Business Conditions survey, we asked our panel of experts to evaluate the importance of different business-to-business marketing tools for footwear businesses compared to the pre-pandemic period

Wave of layoffs continues in Vietnam

Jul 14, 2023 / Vietnam
An estimated 217 800 people have lost their jobs in Vietnam in the second quarter of 2023 due to the significant decline in orders since the end of 2022, says the General Statistics Office (GSO)

Employment in the footwear sector expected to stabilise or decrease

Premium ContentJul 11, 2023 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, we have asked panel members about their expectation regarding employment in the industry. Read the results here

Digital retail channels expected to continue growing

Premium ContentJul 4, 2023 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, we have asked panel members about their expectation regarding the different retail channels for footwear. Get free access to the report and read its main conclusions

Ted Baker cuts 200 jobs

Jul 4, 2023 / United Kingdom
Ted Baker has cut around 200 jobs in its head office workforce. This move comes as the company transitions to an outsourcing model following its acquisition by Authentic Brands Group (ABG)

Cost of merchandise tops the list of concerns for the footwear industry

Premium ContentJun 27, 2023 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, our panel members identified the most pressing problems impacting the footwear industry. Get free access to the report and read its main conclusions

Under Armour confirms corporate lay-offs

Jun 23, 2023 / United States
The Baltimore-based sportswear company has cut 50 roles across several units in its corporate workforce, says Footwear News, to help reduce expenses and achieve profitability

Positive perspetives for footwear businesses

Premium ContentJun 20, 2023 / Business Conditions Survey
In this edition of the Business Conditions survey, we asked our panel of experts to share their expectations about the health of the future business in the next semester. Read about the conclusions below

Average footwear prices expected to increase

Premium ContentJun 16, 2023 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, our panel members predicted an increase of 7.3% in footwear prices over the next six months. Get free access to the report with the main conclusions

Frasers Group to cut up to 200 jobs

Jun 13, 2023 / United Kingdom
The British retailer has confirmed it will cut around 200 jobs as it continues the process of increasing efficiencies across the company following a series of recent acquisitions

Portuguese footwear goes to school to prepare the generation of the future

May 22, 2023 / Portugal
The Portuguese Footwear, Components, Leather Goods Manufacturers' Association (APICCAPS) will carry out a three-years initiative in schools to attract a new generation of talent to the sector

Allbirds co-founder Tim Brown takes on a new role in the company

May 17, 2023 / United States
The co-founder and co-CEO of the Californian-based footwear brand has stepped down from his CEO role into Chief Innovation Officer. This move comes amid a round of lay-offs as losses mount

Pou Chen to slash further 6 000 jobs in Vietnam

May 16, 2023 / Vietnam
Amid a continuing wave of declining orders, the Taiwanese-based footwear manufacturer, which is one of the largest employers in Ho Chi Minh City, will lay off around 6 000 people

Gap to cut about 1 800 jobs

May 5, 2023 / United States
The US-based apparel company will lay off about 1 800 jobs to streamline operations and cut costs, thus joining the list of US companies that have been downsizing over the past months

Prada Group plans to hire over 400 workers

Apr 5, 2023 / Italy
The Italian-based luxury group has announced that it plans to hire more than 400 people by the end of 2023 to increase its production capacity and craftsmanship expertise in Italy
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