World
Brazil: footwear consumption to increase more than 3% in 2023
According to the forecast by the Brazilian Footwear Industries Association (Abicalçados), in 2023 the sector's growth should take place in the domestic market
France Retail: prospects for the clothing and footwear sectors are still far from positive
The stabilization of the pattern of weakening French consumer confidence in the first quarter of the year cannot mask the pessimism that is still being felt in the country, especially in the context of social unrest. Moreover, in this reality of high inflation, neither do price increases hide the contraction in volumes sold nor is it possible to ignore the difficulties faced by companies more exposed to the domestic market due to increased operating costs (rents and energy) or even the stagnation of the online channel. Retail prospects for the clothing and footwear sectors are, therefore, still far from positive
Indian government considering monitoring imports of leather products
The Commerce Ministry in India is considering introducing an import monitoring system for the leather sector. Under such a system, the traders will have to provide advance information about the products to be imported
Scottish businesses experience a 10% decline in rate bills
The country’s shops are seeing a drop of almost 10% in business rate bills of nearly 10%, following a reassessment made by the Scottish Government last month
Portuguese footwear goes to school to prepare the generation of the future
The Portuguese Footwear, Components, Leather Goods Manufacturers' Association (APICCAPS) will carry out a three-years initiative in schools to attract a new generation of talent to the sector
Chinese luxury retail rebounds
Chinese buyers are spending more on European brands at a time when the country's economy is rebounding following the lifting of COVID-19-related travel restrictions, says Vogue Business
UK-listed retailers' profit warnings fall to the lowest quarterly total since 2020
In the first quarter of 2023, UK-listed retailers' profit warnings fell to the lowest quarterly total since 2020, but “persistent inflation, high-interest rates and tightening consumer spending” continue to challenge the sector
Michael Jordan's sneakers sold for a record 2.2 million USD
The pair of sneakers worn by the athlete in the 1998 NBA Finals was sold last month for 2.2 million USD, setting a new world record for the most expensive pair of shoes ever purchased
World Leather Day returns to celebrate the benefits of leather
Due to be held on the 26th of April 2023, the World Leather Day initiative aims once again to promote and encourage a greater understanding of the positive attributes of leather
LAST CALL!! Join the 8th edition of the World Footwear Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. We want to hear you!
US footwear prices increases continue to cool off
Retail footwear prices increased at a decelerating rate in March, up by 0.3% from the same period last year. This signals the slowest growth in 24 months for the category
Final Call!! Join the 8th edition of the World Footwear Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. We want to hear you!
Materials and Sustainability: How can footwear be more sustainable?
Just released! A new paper dedicated to recycled and recyclable, biodegradable and compostable, and biobased and organic materials. This is the latest from a series dedicated to innovation in the footwear and leather goods industry
Brazilian footwear production to grow between 1% and 1.7% in 2023
According to the Brazilian Footwear Industries Association (Abicalçados), this year's local footwear production is expected to grow between 1% and 1.7% over 2022, driven by the domestic market
Second Call!! Join the 8th edition of the World Footwear Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. We want to hear you!
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