11 October 2022
  
Highlights
 
World
UK Retail: the second quarter might have been the lull before the storm
Oct 5, 2022 / World Footwear Reports
Despite a 6 percentage points gain in the TCF (Textile, Clothing, & Footwear) Retail Sales Index in the second quarter of 2022, over the prior one, and a positive trajectory in footwear imports, prospects do not look good for retail. Amidst skyrocketing inflation and the worst consumer sentiment since 1974, the footwear consumer can barely afford further price increases, making the retail volume tilted to the downside. With the threat of a recession from the fourth quarter on, the majority of retailers believe that the cost-of-living crisis will be almost twice as damaging as the COVID-19 pandemic   
 
World
Richard Blume: Sustainability is not going away
Oct 6, 2022 / Sweden
Today we share with you a conversation with Richard Blume, Senior Sustainability Strategist at Natural Step. We have talked about leather as a material used by the footwear industry and reflected on the various sustainability topis. Watch the video   
 
Trade
Brazil: footwear exports through September already exceed 2021's total
Oct 7, 2022 / Brazil
In the first nine months of the year, Brazilian footwear exports generated 990.35 million US dollars, surpassing the 900 million US dollars recorded in the full year of 2021   
 
World
Portuguese shoes on stage
Oct 10, 2022 / Portugal
The stage of D. Maria II National Theatre hosted, in September, the debut of Pedro Penim's play Casa Portuguesa, in which artists wear Portuguese shoes and are dressed by Bèhen's Joana Duarte   
 
Companies
VF Corp cuts full year outlook but outlines long-term growth strategy
Oct 6, 2022 / United States
The US-based apparel and footwear group revised its outlook for the current fiscal year after lower-than-expected results in the second quarter. It also mapped out a 5-year strategic growth plan   

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