In most developed countries, it’s easy to find cheap shoes and many stores have a wide variety of models at a cheap price. In Portugal, for example, it’s easy to get shoes for 15 US dollars
We have been seeing multiple changes occurring in the footwear industry. Consumers are more demanding than ever and as a consequence, the need to adapt to changes is mandatory for companies in this industry
For years counterfeit goods have been an issue for governments and big corporations. The footwear industry is one the most affected by it, especially if we think of athletic footwear
According to FICE, the Federation of Spanish Footwear Industries, the value of footwear exports has fallen in the first trimester of the year, compared to similar period in 2016. Volume of exports up by 3.4%
The China-based group has reported declining revenue for its footwear business in fiscal year 2016/17. Sporstwear and apparel registered double digit revenue growth
The US-based footwear giant reported increasing sales for the first quarter of 2017 (+8%). Based on the results for the period the company decided to maintain the guidance for fiscal 2017
The US-based footwear giant announced it has agreed to enter into a global, multi-year licensing agreement of the Stride Rite brand to Vida Shoes International
The Pakistan Tanners Association (PTA) has called for abolishing customs duty on imports of basic raw materials, believing it will bring down cost of production and boosting competitiveness
adidas is showing that it wants to be on the edge of innovation in the footwear industry. The brand is releasing shoes that glow at night. How will consumers react to it?