Employment
Birkenstock invests 110 million euros in new shoe factory
The German brand revealed that the investment of around 110 million euros in the new site in Pasewalk, Northeast Germany, is "by far" the largest individual one in the company's history
Guanajuato reports a labour shortage
According to the Mexican Secretary of Sustainable Economic Development (SDES), Ramón Alfaro Gómez, the footwear sector is the most affected by the labour shortage
Amazon to create more than 4 000 new jobs in the UK
The online retailer giant announced that it is creating more than 4 000 new permanent roles across the UK, which will bring its permanent workforce in the country to 75 000
US labour market powers ahead
Despite recessions fears, the US Bureau of Labour Statistics reported that employers hired far more workers than expected in June. Wages continued to rise at a steady pace
US footwear industry expects sales to decline
According to the Footwear Distributors & Retailers of America (FDRA), the footwear industry is pulling back on hiring and investment due to a major forecast of weaker sales for the next six months
Unemployment rate in the UK hits historic low
This was revealed by the Office for National Statistics (ONS). The UK unemployment rate is now close to a 50-year low point, having dropped by 0.2% to 3.8% for February to April 2022
France Retail: retailers’ confidence sank in the first quarter of 2022
Despite the Eurostat TCF (Textile, Clothing and Footwear) suggesting the return of retail to normalcy, there are red signs undermining not only consumers’ confidence, but also the retailers’ one, who before had displayed some insensitivity towards risks. Surging energy prices, inflationary pressure and the war in Ukraine are overshadowing any boost from an easing of COVID-19 restrictions. The subsequent increase in costs does make us wonder why TCF retail is not in the red yet
UK Retail: retail prospects for the next months lean to the downside
In the first quarter of 2022, TCF (Textile, Clothing & Footwear) Retail Sales Index returned to pre-pandemic levels, showing that it is no longer sensitive to COVID-19. However, its positive behaviour is somewhat puzzling: consumer pessimism continues to plunge, most likely due to the rising inflation, which hit a record 7% in March, placing pressure on manufacturers’ costs. In addition, it is yet early to quantify the impact of Russia’s invasion of Ukraine on European retail markets
Arnaud Haefelin: exports are the main driver of the French leather goods sector
We spoke with Arnaud Haefelin, who is the President of the French Leather Goods Federation (FFM), to discuss the priorities of his third term at the helm of the association
General outlook for the footwear industry is optimistic
This is the main outcome of the most recent edition of the World Footwear Business Conditions Survey, conducted during the month of April. Today we bring you a summary of some of the main conclusions
General outlook for the footwear industry is optimistic
This is the main outcome of the most recent edition of the World Footwear Business Conditions Survey, conducted during the month of April. Today we bring you a summary of some of the main conclusions
Footwear industry in Brazil creates 17.8 thousand jobs
According to Abicalçados, the Brazilian Footwear Industries Association, the national sector’s companies created a total of 17 800 new jobs in the first quarter of 2022
Kering and the French Ministry of Labour join forces for integration
The group and the French Ministry of Labour, Employment and Integration signed a charter for supporting young people, vulnerable individuals and people with disabilities in the job market
Hermès to open two new leather goods workshops by 2026
The two workshops, which will employ 500 people, will allow the French luxury house to increase its production capacity while remaining committed to its artisanal culture
Footwear business not expected to be carbon neutral by 2050
Sustainability is becoming more of a real concern for businesses and inhabitants of this world. However, some claim this is just a fashion trend or a marketing tool. With that in mind we have asked our panel if the footwear industry will be able to be carbon neutral by 2050. Half of the respondents don’t believe that will happen-
Footwear Consumer 2030
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