World Footwear

Supply chain

Rouble tumbles following Russia’s invasion of Ukraine

Mar 2, 2022 / Russian Federation
On Tuesday, the rouble pared some of the previous day’s heavy losses, as it plunged around 29% against the dollar on Monday morning, an all-time low, under pressure on foreign markets from Western sanctions

Rising inflation is a top concern for global CEO’s

Feb 2, 2022 / World
According to the 2022 C-Suite Outlook survey, rising inflation, labour shortages, supply chain disruptions and changing consumer behaviours are the top-of-mind concerns for executives

Footwear prices on growing mode

Premium ContentJan 3, 2022 / World
The overall increase in prices, associated with the disruptions in the supply chain we have come to know since the beginning of the COVID-19 pandemic, has been on the agenda for quite some time now. This trend affects necessarily the footwear industry across the entire supply chain, from suppliers of raw materials to final consumers. We have identified the key pointers that allow us to have a better understanding of this worldwide increase.

Yue Yuen with revenue slowdown

Nov 18, 2021 / Hong Kong
The group has announced results for the first nine months of 2021. Growth slowed down in the third quarter due to disruptions in manufacturing operations in Vietnam and weak retail sales

adidas announces revenue growth slowdown

Nov 17, 2021 / Germany
The sportswear giant has reported that supply chain disruptions and difficult environment in Greater China reduced growth by around 600 million euros in the third quarter of 2021

Pou Chen struggles with Vietnamese labour shortage

Nov 17, 2021 / Vietnam
The Taiwanese manufacturer of branded sports footwear is facing a labour shortage in Vietnam, which is aggravating supply chain disruptions. Its clients include Nike, adidas and Reebok

UK: British Fashion Council posts blueprint for fashion circularity

Oct 28, 2021 / United Kingdom
The BFC’s Institute of Positive Fashion has presented a framework to address the impact of the fashion industry on the planet through linear production models

Vietnam: industry struggles with extended lockdowns

Oct 1, 2021 / Vietnam
Textile and footwear industries keep struggling in Vietnam amidst strict and extended coronavirus lockdowns. Companies anticipate delays and shortages of goods, along with higher labour prices and shipping costs, as the holiday season approaches
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