When looking into the location of the main brands and manufacturing businesses of the European TCLF industry (Textile, Clothing, Leather and Footwear), one easily concludes about the existence of a dichotomy between brands and production
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
Pressure has been mounting on the Fashion industry to cut off commercial trading with Russia in the aftermath of Russia’s invasion of Ukraine on the 24th of February
We have spoken to Matt Priest, who is the President & CEO of the Footwear Distributor & Retailers of America, to discuss in detail the achievement of the 100.7 billion US dollars record on consumer demand for shoes in 2021. We have also ventured into the future, going over the main concerns for the US footwear industry, such as rising inflation (7.5% in January), additional duties on Chinese consumers goods, but also the opportunities on the horizon
The COVID-19 pandemic created pressure on the global supply chains, which has resulted in shortages of materials and increased transport prices. The cost of merchandise and raw materials is now the main concern of the footwear industry
The line between e-commerce and in-store retail continues to shrink in the mind of consumers, which gives a boost to the increase of the use of technology in-store
The average export price of footwear has increased by more than 30% in the last decade. As new pressure points are felt in the footwear market, our experts believe that by 2025 the average footwear export price could be above 12 US dollars
The overall increase in prices, associated with the disruptions in the supply chain we have come to know since the beginning of the COVID-19 pandemic, has been on the agenda for quite some time now. This trend affects necessarily the footwear industry across the entire supply chain, from suppliers of raw materials to final consumers. We have identified the key pointers that allow us to have a better understanding of this worldwide increase.
The Polish-based footwear group has unveiled its 'GO.25 Everything fashion. Omnichannel platform' strategy, with which it expects to triple annual revenue by 2025
The luxury platform has established a joint venture with the lead provider of e-fulfilment and returns management services to offer a global e-commerce fulfilment solution for luxury brands
The BFC’s Institute of Positive Fashion has presented a framework to address the impact of the fashion industry on the planet through linear production models
According to the Shoe Price Report issued by the Footwear Distributors and Retailers of America (FDRA), footwear prices are increasing at the fastest rate in over 20 years, with year-to-date prices up by 3.2%
Several Vietnamese apparel and footwear companies have incurred contractual penalties for delivery delays this year, while facing unexpected order cancellations for 2022
IRU, IATA, ICS and ITF have come together to make an urgent plea to Governments and United Nations Agencies to ensure and facilitate the free and safe movement of transport workers