Employment
Optimistic outlook for the footwear industry’s business health
More than 55% of the respondents of the last edition of the World Footwear Business Conditions Survey are confident about the health of their businesses. The 12th edition of the World Footwear Business Conditions Survey results are now available
Primark plans significant workforce cuts
The international retailer plans to reduce staff in key support functions, impacting about 7% of Dublin HQ jobs, as it restructures to maintain competitive pricing and invest in overseas markets
Trump's Tariffs Expected to Negatively Impact Footwear
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
Footwear industry anticipates sales volumes will increase
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
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
Ecco and Lowa to close factories in Slovakia
This summer, the German outdoor footwear brand Lowa and the Danish footwear brand Ecco are set to close their factories in Slovakia. This is a cause for concern for the country’s footwear industry
Footwear prices to increase over the next six months
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
Less Optimism about Footwear Consumption in 2025
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
Saks Global lays off hundreds of people
Saks Global, the parent company of Saks Fifth Avenue and Neiman Marcus, has laid off hundreds of employees as part of a plan to consolidate operations as the retailers merge
3D printing in footwear is particularly valued in the early stages of production
In the 11th edition of the World Footwear Business Conditions Survey, we asked our experts about their opinion on the impact of 3D printing in the footwear industry. Read the main conclusions now
A quarter of a million jobs lost in five years in the UK retail sector
The UK retail sector has lost nearly a quarter of a million jobs over the past five years, according to the latest data from the Office for National Statistics (ONS), highlighting the sector’s ongoing struggles
Asia expected to Present the Fastest Growth in Footwear Production
In the latest World Footwear Business Conditions Survey we asked our panel of experts about the region which will experience the fastest growth in footwear production over the next five years. Asia ranked first. Africa was listed as a potential emerging hub
Schuh cuts jobs as part of wider restructuring
Following a voluntary redundancy process launched by the company in January, the footwear retailer has cut 39 head office and store jobs. This is part of a wider restructuring strategy
Görtz layoffs 93 employees
The German shoe retailer has announced 93 redundancies after the Federal Employment Agency rejected its application for pre-financing of insolvency benefits, affecting around 400 employees
Saks Global to cut around 5% of its US corporate staff
Saks Global is laying off about 5% of its US workforce, Bloomberg reported, as the department store continues to integrate its recent acquisition of Neiman Marcus-
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Footwear Consumer 2030
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