World Footwear

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US President postpones reciprocal tariffs but announces new country-specific rates

Jul 9, 2025 / United States
Donald Trump has officially delayed imposing higher tariffs on US imports until the 1st of August, and has sent letters to 14 countries detailing the levies they face, including Japan and Korea

The US and Vietnam reach an agreement on tariffs

Jul 7, 2025 / United States
US President Donald Trump announced that the US would impose lower-than-expected tariffs of 20% on many Vietnamese exports, and 40% on transshipments through Vietnam from third countries

Italian footwear, leather goods and tannery machinery sector ends 2024 in the red

Jul 3, 2025 / Italy
Preliminary figures from Assomac indicate that the sector recorded a year-on-year drop in turnover of 12% in 2024, with an estimated closure of around 575 million euros

Trump's Tariffs Expected to Negatively Impact Footwear

Premium ContentJul 2, 2025 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, we have asked our panel about the expected impact of Trump's wave of tariffs in footwear. The expectations are not positive. Read it all by accessing the report with the main conclusions

Portuguese shoes shined at the Willy Chavarria show at Paris Fashion Week

Jul 1, 2025 / Portugal
The US fashion designer has teamed up with the Portuguese Footwear Association and the Mariano Shoes brand for his latest show at the Paris Fashion Week

EU retreats from proposed Green Claims Directive

Jul 1, 2025 / European Union
The European Commission has announced its intention to withdraw the EU Green Claims Directive, just days before the final negotiations between the European Parliament and the Council were set to begin

Footwear industry anticipates sales volumes will increase

Premium ContentJun 30, 2025 / Business Conditions Survey
More than 60% of the respondents of the last edition of the World Footwear Business Conditions Survey expect quantities of footwear traded in their country to increase over the next six months. The report with the main conclusions of the 12th edition of the survey is now available

Cost of raw materials continues to worry the footwear industry

Premium ContentJun 24, 2025 / Business Conditions Survey
Cost of merchandise or raw materials maintains its position as the top concern for the footwear industry, according to respondents of the 12th edition of the World Footwear Business Conditions Survey. Domestic market challenges have intensified

US core retail sales hold their own

Jun 20, 2025 / United States
Continued growth in core retail sales in May was shown by data released by the US Census Bureau, despite a downturn in overall sales amid fluctuating tariffs, said the National Retail Federation

Footwear prices to increase over the next six months

Premium ContentJun 17, 2025 / Business Conditions Survey
75% of the respondents of the last edition of the World Footwear Business Conditions Survey expect footwear retail prices to increase over the next six months. The report with the results of the 12th edition of the survey is now available

US and China strike preliminary trade deal

Jun 16, 2025 / United States
The United States and China have reached a framework agreement on a trade deal that eases global trade tensions. However, the final terms have yet to be formally agreed upon by both governments

British consumers cut back on non-essential spending

Jun 16, 2025 / United Kingdom
According to the British Retail Consortium (BRC), May recorded the slowest growth in retail sales in 2025, as fashion and full price big-ticket items suffered from lower consumer confidence

EU Commission targets Shein over consumer protection concerns

Jun 13, 2025 / European Union
The European Union Commission has urged Shein to comply with EU consumer protection laws, warning that the fast-fashion retailer could face fines if it fails to address the concerns that have been raised

Brazilian footwear production expected to grow by between 1.4% and 2.2% in 2025

Jun 12, 2025 / Brazil
Brazilian footwear production is expected to grow by between 1.4% and 2.2% in 2025, says Abicalçados, driven primarily by the domestic market. Still, the current global economy may favour exports

Less Optimism about Footwear Consumption in 2025

Premium ContentJun 4, 2025 / Business Conditions Survey
The results of 12th edition of the World Footwear Business Conditions Survey are now available. The average expected growth rate for footwear consumption is 7.6%, slightly less than the 8.4% projection made in the last quarter of 2024
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