News
Vapesol obtains a new environmental certification
The Portuguese sole manufacturer has obtained the RCS (Recycled Claim Standard) certification for its soles and renewed the GRS (Global Recycled Standard) certification for several of its products
DSW President Doug Howe named CEO of Designer Brands
The North-American company has announced that Doug Howe will succeed Roger Rawlins as the company's Chief Executive Officer from the 1st of April 2023 on
DC Shoes co-founder dies at 55 in snowmobile accident
Ken Block, the co-founder of DC Shoes and founder of the Hoonigan motor racing team, died in a snowmobile accident near his home in Utah on the 2nd of January, aged 55
Dune London expands retail footprint worldwide
With international sales representing 26% of its total revenue, the British footwear and accessories brand is planning to expand its presence across the Middle East, Asia, and the Americas
Amazon to lay off just over 18 000 people
The Seattle-based online retailer giant has announced that it will cut more than 18 000 jobs across stores and in People, Experience, and Technology (PXT) groups
AAFA applauds nine-month extension of tariff exemption
The American Apparel & Footwear Association (AAFA) praised the Biden administration's decision of extending exclusions for many of the tariffs imposed by the Trump administration on Chinese imports
Colombian footwear industry struggles with labour shortage
2022 was a good year for the Colombian footwear industry, says ACICAM. But rising costs and, especially, the labour shortage might slow down production in 2023
Caution rises as we step into 2023
Following the slump caused by the COVID-19 pandemic, in 2021, most fashion brands and retailers equalled or even exceeded their pre-pandemic performances. But 2022 will hardly be a forgettable year: the world’s inflation hit levels not seen since the early 80s, leading to a sharp hike in interest rates, Russia’s ceased to be a viable market for Western brands after its invasion of Ukraine on the 24th of February, and China’s economy slowed down due to the country’s zero COVID-19 policy. And yet, despite the worst projections, for the better part of the year, the fashion industry prevailed. Nevertheless, as we enter 2023 with a global recession still on the table, it is worth looking into the year-to-date results of some of the largest companies worldwide to understand the current situation
adidas opens first-ever Terrex store in Canada
The company has opened its first Canadian Terrex store in the outdoor hub of Vancouver, Kitsilano, offering access to the full line of its outdoor-specific brand's high-end outdoor gear
British Retail Consortium forecasts low retail sales growth for 2023
According to the British Retail Consortium (BRC), UK retail sales will grow between 2.3% to 3.5% in 2023, with the pace somewhat picking up in the second half of the year
Mexico: footwear imports grow five times faster than local production
According to the Chamber of the Footwear Industry of the State of Guanajuato (CICEG), 35% of the footwear worn by Mexicans is imported. This figure will most likely continue to increase
Rosana Perán Bazán (Fice & Pikolinos): price is a short-term advantage but added value is forever
Watch the interview with Rosana Perán Bazán, FICE President & Grupo Pikolinos Vice-President. We had a nice conversation with Rosana to understand the state of the footwear industry in Spain, and discuss some of the pressing issues of the footwear industry
Skechers expands presence in Ireland with the opening of a flagship store
The US-based company has opened a flagship store on Dublin's Grafton Street, located in one of Ireland’s busiest districts, to showcase its range of offerings and comfort technologies
Portuguese Shoe Museum hosts exhibition on sustainability
The exhibition 'Trend or Future? Footwear and Sustainability' introduces the public to materials, products and innovative actions that point towards a more sustainable footwear production
Brazilian footwear production to grow at a lower rate in 2023
As the year closes with an estimated growth of 3%, Brazil's footwear production rate is expected to decline to 1.6% in 2023 due to the macroeconomic slowdown and the gradual return of China to the global market
British Vivienne Westwood dies at 81
The fashion designer, who was the pioneer of the punk fashion phenomenon of the 70s and whose subsequent eccentric styles had a major influence in later decades, died at the age of 81. She was also a known climate activist
China scraps COVID-19 quarantine for international travellers
Despite the increase of COVID-19 cases in the country this month, China announced that from the 8th of January travellers will no longer be required to quarantine upon arrival on the mainland
Cost of merchandise and raw materials is the main concern of the industry
In the current edition of World Footwear Business Conditions Survey, problems associated with the cost of merchandise and raw materials account for more than 80% of responses relating to the main difficulties felt by the footwear industry
Inditex will invest at least 10 million euros to restore ecosystems
The Spanish-based fashion group has signed a three-year partnership agreement with the World Wide Fund for Nature (WWF) to support nine of the organization's conservation projects
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