No matter the seasonal hike in December, with flat retail sales of footwear since June 2020 and 20% lower than the 2018 average, the 1st quarter of 2021 will hardly beat this baseline. Even if one considers the hike in ecommerce, perspectives are not great. On top of that low consumer confidence and uncertainty regarding a full return of shoppers to the high street, add to the gloomy picture of retail in the US
The situation in Hong Kong “is very much under control”, according to William Wong, Vice President of the Hong Kong Footwear Association, who told us the latest about the impact of COVID-19 in the region
The forecast is made by Abicalçados, the Brazilian Footwear Industries Association (Abicalçados), and follows a fall in year 2020 estimated to be around 25%. This placed the production of the Brazilian footwear industry at the same level as the one registered 16 years ago
Chanel continues to reinforce its network of suppliers as it acquires majority stakes in Italian luxury shoemaker Ballin and tannery Conceria Gaiera Giovanni
With this announcement, the brand reaffirms its regional anchor in the Auvergne region. The new workshop will join the Maroquinerie de Sayat to form Hermès seventh leather goods hub. 250 jobs due to be created
While China's market share has been steadily declining over the last decade, Vietnam, the second largest exporter, is moving in the opposite direction. Read these and many other relevant facts on the World Footwear 2020 Yearbook
Worldwide footwear production has increased by 21.2% since 2010 at an average yearly growth rate of 2.2%. This is one of the main conclusions of the World Footwear 2020 Yearbook launched by APICCAPS
The World Footwear 2020 Yearbook recently launched by APICCAPS (Portuguese Footwear Association) presents you the best analysis of the footwear industry main trends in 2019
Worldwide footwear production has increased by 21.2% since 2010 at an average yearly growth rate of 2.2%. This is one of the main conclusions of the World Footwear 2020 Yearbook recently launched by APICCAPS
This new deal will contribute to increasing Chanel’s control on the supply chain of leather. The French luxury brand had already made similar deals in the past
Just before the outbreak of COVID-19, the footwear industry has set a new production record. In 2019, worldwide, 24.3 billion pairs of shoes have been produced. Data is taken from the World Footwear 2020 Yearbook just released by APICCAPS
2019 saw a worldwide slowdown in the footwear industry. That slowdown will certainly continue throughout 2020, given the reality of COVID-19. In 2019 footwear production and exports grew by 0.6% and 0.1%, respectively. Data are taken from the World Footwear 2020 Yearbook just released by APICCAPS, the Portuguese Footwear Association
A group of US-based footwear, apparel, retail and fashion industries associations have issued a statement regarding the issues around suspects of forced labour in parts of the supply chain