World Footwear

Shoes

US: footwear prices increases to continue decelerating

Jan 17, 2023 / United States
According to the FDRA, full year footwear prices were up by 4.6%, as compared to 2021. But a break for consumers might be on the way, with data suggesting a decline in the growth pace

Brazilian footwear exports reach over 1.3 billion USD in 2022

Jan 13, 2023 / Brazil
According to Abicalçados, last year, Brazil exported 141.9 million pairs of shoes, generating over 1.3 billion USD, up by 14.8% in volume and 45.5% in value, as compared to 2021

Stella International provides update on 2022 results

Jan 13, 2023 / Hong Kong
The Hong-Kong based manufacturer reported an unaudited consolidated revenue increase of about 5.9%, as compared to 2021, but growth slowed down in the last quarter with a revenue decline of 15.4%

Caleres reiterates fiscal 2022 outlook

Jan 12, 2023 / United States
The US-based footwear group has confirmed its previous guidance for full year 2022 consolidated sales, adjusted earnings per share and inventory position

Double-digit increase in turnover for Italian footwear manufacturers

Jan 11, 2023 / Italy
In the first nine months of 2022, Italian shoemakers' turnover increased by 13.9%, year-over-year. But growth is not alike among companies, says Assocalzaturifici, highlighting the rising costs

Crocs announces to be expecting annual revenue growth of 53%

Jan 11, 2023 / United States
The US-based company reported that is expecting to reach the record revenue of 3.55 billion US dollars in 2022, which would represent an increase of 53%, as compared to the same period of 2021

Polish companies attend Expo Riva Schuh with a collective pavilion for the first time

Jan 11, 2023 / Poland
The Polish Chamber of Shoe and Leather Industry is taking 8 companies to attend the Riva del Garda trade fair. A pavilion dedicated to the Polish industry will be presented for the first time

Maria Vittoria Brustia (Assomac): after COVID-19 customers have higher expectations regarding sustainability

Premium ContentJan 10, 2023 / Italy
Today we are happy to share an interview with Maria Vittoria Brustia, President of Assomac, the National Association of Italian Manufacturers of Footwear, LeatherGoods and Tanning Technologies. Assomac is the organizer of the Simac Tanning Tech trade fair

Dune London expands retail footprint worldwide

Jan 6, 2023 / United Kingdom
With international sales representing 26% of its total revenue, the British footwear and accessories brand is planning to expand its presence across the Middle East, Asia, and the Americas

Caution rises as we step into 2023

Premium ContentJan 5, 2023 / World
Following the slump caused by the COVID-19 pandemic, in 2021, most fashion brands and retailers equalled or even exceeded their pre-pandemic performances. But 2022 will hardly be a forgettable year: the world’s inflation hit levels not seen since the early 80s, leading to a sharp hike in interest rates, Russia’s ceased to be a viable market for Western brands after its invasion of Ukraine on the 24th of February, and China’s economy slowed down due to the country’s zero COVID-19 policy. And yet, despite the worst projections, for the better part of the year, the fashion industry prevailed. Nevertheless, as we enter 2023 with a global recession still on the table, it is worth looking into the year-to-date results of some of the largest companies worldwide to understand the current situation

Colombian footwear industry struggles with labour shortage

Jan 5, 2023 / Colombia
2022 was a good year for the Colombian footwear industry, says ACICAM. But rising costs and, especially, the labour shortage might slow down production in 2023

AAFA applauds nine-month extension of tariff exemption

Jan 5, 2023 / United States
The American Apparel & Footwear Association (AAFA) praised the Biden administration's decision of extending exclusions for many of the tariffs imposed by the Trump administration on Chinese imports

Rosana Perán Bazán (Fice & Pikolinos): price is a short-term advantage but added value is forever

Premium ContentJan 3, 2023 / Spain
Watch the interview with Rosana Perán Bazán, FICE President & Grupo Pikolinos Vice-President. We had a nice conversation with Rosana to understand the state of the footwear industry in Spain, and discuss some of the pressing issues of the footwear industry

Mexico: footwear imports grow five times faster than local production

Jan 3, 2023 / Mexico
According to the Chamber of the Footwear Industry of the State of Guanajuato (CICEG), 35% of the footwear worn by Mexicans is imported. This figure will most likely continue to increase

Cost of merchandise and raw materials is the main concern of the industry

Premium ContentDec 30, 2022 / Business Conditions Survey
In the current edition of World Footwear Business Conditions Survey, problems associated with the cost of merchandise and raw materials account for more than 80% of responses relating to the main difficulties felt by the footwear industry
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