World Footwear

Salaries and wages

Unemployment rate in the UK hits historic low

Jun 20, 2022 / United Kingdom
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

Matt Priest: the US footwear industry is resilient and agile

Premium ContentMar 4, 2022 / United States
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

Rising inflation is a top concern for global CEO’s

Feb 2, 2022 / World
According to the 2022 C-Suite Outlook survey, rising inflation, labour shortages, supply chain disruptions and changing consumer behaviours are the top-of-mind concerns for executives

Strike at Pou Chen’s factory in Vietnam

Jan 12, 2022 / Vietnam
Thousands went on strike at a factory in southern Vietnam that belongs to the Taiwanese manufacturer of branded sports footwear. Employees are demanding better year-end bonuses

Cambodia to increase minimum wage for 2022

Oct 27, 2021 / Cambodia
A few weeks ago, Cambodia’s Ministry of Labour and Vocational Training issued regulation setting the new minimum wage for the garment, textile, and footwear industries for 2022
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