World
Spain Retail: the future of footwear retail is clouded for the rest of the year
It’s not all bad news. The downward trend recorded by the TCF deflated retail sales index from April onwards remains above last year’s figures, and consumer confidence is about to reach a positive threshold. However, consumer footwear prices show yet no signs of slowing down, and, above all, imports in the category seem to be declining. These two factors could in fact be a warning of a further deterioration in footwear demand in Spain by the end of the year
A new project is being launched to develop skills in the European fashion industry
The Blueprint MetaSkills4TCLF project aims to transform the way skills in the textile, clothing, leather and footwear industries are developed by adopting new learning strategies and bringing in new actors
Peru: leather and footwear production has not yet reached pre-pandemic levels
In 2020, the Peruvian leather and footwear production fell by around 30% and, despite some recovery in the following years, has not yet reached pre-pandemic levels
France Retail: the retail boat is sitting on the water waiting for the wind to pick up
After a somewhat mixed performance over the summer, highly impacted by short-lived events such as the postponement of sales due to the riots or August’s heatwave, some signs suggest that retail in France could improve next year. Consumers seem to be less pessimistic about rising prices and their personal financial situation. But it all comes down to the trajectory of inflation, and whether food and energy prices will effectively ease until the end of the year
Fortunato Frederico honoured in Italy
The Portuguese entrepreneur, who founded Kyaia in 1984, one of the largest footwear companies in the country, was honoured at the last UITIC Congress for his career in the industry
Simac Tanning Tech returns to pre-pandemic levels
Final figures confirm a return to pre-pandemic levels, with a 37% increase in buyers and a 14% increase in exhibitors, as compared to the September 2022 edition, says the organisation
Argentine footwear production increased by 14.5% in July
The production of footwear and its components in Argentina grew by 14.5% in July and 3% in the first seven months of 2023, as compared to the same period of last year
New business models for brands and retailers: what strategies are available for footwear?
Just released! A new paper dedicated to some of the new tools grabbing the attention of businesses and how they can be applied to the footwear industry
US: footwear prices fall while overall inflation rises
Data from the Footwear Distributors and Retailers of America (FDRA) for the month of August shows that footwear prices continue to drop despite accelerating inflation
Colombian footwear industry slows down in 2023
After growing substantially in 2022, the Colombian footwear industry slowed down in 2023 due to the impact of high inflation, rising costs and low consumption, says ACICAM’s Vice President
China and Belarus to strengthen bilateral cooperation in the leather sector
The China Leather Industry Association and the Belarusian State Light Industry Agency have signed a cooperating agreement to promote bilateral leather trade between the two countries
Venezuelan footwear industry calls for a financing plan
Following the 25th edition of the Latin American Footwear Forum, we spoke with the President of the Venezuelan Chamber of Footwear and Components (Cavecal), Tony di Benedetto, about the challenges and expectations of the country’s footwear industry
Mexican footwear industry on an upward trajectory
The Chamber of the Footwear Industry of the State of Guanajuato (CICEG) estimates that by the end of 2023 footwear production should be just 5% below that of 2019, before the onset of the COVID-19 pandemic
UK: footfall declined over Summer holidays
According to the data from British Retail Consortium Sensormatic IQ, footfall decreased by 1.6% in August, after rising by 1.8% in July, as compared to the same month of 2022
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Shoes Report