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
Despite an increase in revenue of 16% to 12.25 billion US dollars for the first quarter of fiscal 2022, the US-based company admitted that revenue growth is being limited by supply chain disruptions
While announcing a new location for their headquarter, Genesco also confirmed it expects to add new jobs and invest more than 30 million US dollars over the next five years
After the agreement with Italy’s Inland Revenue the French luxury group Kering might be on the verge to relocate most of its logistic activities to Italy