World
UK Retail: the second quarter might have been the lull before the storm
Despite a 6 percentage points gain in the TCF (Textile, Clothing, & Footwear) Retail Sales Index in the second quarter of 2022, over the prior one, and a positive trajectory in footwear imports, prospects do not look good for retail. Amidst skyrocketing inflation and the worst consumer sentiment since 1974, the footwear consumer can barely afford further price increases, making the retail volume tilted to the downside. With the threat of a recession from the fourth quarter on, the majority of retailers believe that the cost-of-living crisis will be almost twice as damaging as the COVID-19 pandemic
US holiday sales to grow at a slower pace
Due to inflation, US holiday retail sales are likely to increase in the 2022-2033 holiday season at a slower pace than last year. E-commerce might be an opportunity as consumers try to maximize their spending
Sustainability by Anna Palmqvist (H&M): we have to change our behaviour
Today we bring you the final interview of a series focused on sustainability. We had a nice conversation with Anna Palmqvist, Sustainability Manager at the H&M Group. Check all the bits and pieces on the video below
UK to reintroduce tax-free shopping for international visitors
The UK Government is planning to reintroduce VAT-free shopping for overseas visitors to boost business growth. Luxury and retail sectors have welcomed the measure
US footwear price increases appear to be slowing down
Despite rising inflation, data from the Footwear Distributors and Retailers of America (FDRA) suggests that footwear prices are showing some signs of moderating, though slowly
8 of the top 10 footwear importers are European countries
This is one of the main conclusions of the World Footwear 2022 Yearbook, recently released, and focusing on the analysis of the footwear industry in 2021. Read more about it today
Jane Wilson, Chairman of BFA: as one collective voice, we are much stronger
We spoke with footwear veteran Jane Wilson, recently named Chairman of the British Footwear Association (BFA), about the role of the Association in the current challenging macroenvironment and the main challenges for the British footwear industry in the future
Nicaragua: leather shortage causes footwear prices to soar by up to 80%
The Nicaraguan Chamber of Leather and Footwear reported that footwear prices rose by 40% at the beginning of the year and another similar increase is in the pipeline, resulting in an 80% price increase for a pair of leather shoes
British Footwear Association names Jane Wilson to the role of Chair
Footwear veteran Jane Wilson has been appointed Chairman of the British Footwear Association (BFA), replacing Robert Perkins, who held the role for more than four years
Footwear exports: China leads but Vietnam is the success story
This is one of the main conclusions of the World Footwear 2022 Yearbook, recently released, and focusing on the analysis of the footwear industry in 2021
58.8% of the footwear produced in 2021 was exported
This represents the lowest percentage in a decade, according to the World Footwear 2022 Yearbook, recently released. Read more about it today
Aymod: number of visitors is expected to reach about 30 000
In the aftermath of the success of the latest edition of the Aymod Fair, we spoke with Mr Berke Içten, Chairman of the Executive Board of the Footwear Industrialists Association of Türkiye (TASD), to anticipate the upcoming edition, to be held from the 28th of September to the 1st of October
Footwear consumption in the US bounced back strongly in 2021
This is one of the main conclusions of the World Footwear 2022 Yearbook, recently released, and focusing on the analysis of the footwear industry in 2021. Read more about it today
Global footwear production up by 8.6% in 2021
This is one of the main conclusions of the World Footwear 2022 Yearbook, recently released, and focusing on the analysis of the footwear industry in 2021. Read more about it today
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