Industry
Italian Government supports the leather industry
The Minister of Economic Development, Giancarlo Giorgetti, has announced a non-repayable grant of 10 million euros to support the Italian tanning industry
Traders and manufacturers with positive prospects about footwear sales
Since the first edition of the World Footwear Business Conditions Survey conducted in the second semester of 2019, this is the most positive result obtained: traders and manufacturers are extremely optimistic about footwear sales
Brazilian footwear industry celebrates tax exemption on wages
The extension of the payroll exemption until the end of 2023 is good news for the footwear industry. The measure is seen as essential to maintain and create new jobs in the sector
Vietnamese workers reluctant to go back to work
Generalized labour shortage across the manufacturing sector slows down Vietnam's economic recovery, despite companies offering better wages and benefits to attract workers back
Average footwear export price to grow 20% by 2025
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
Footwear consumption with moderate growth in 2022
We asked our panel about their expectations regarding the evolution of footwear consumption in 2022, both in their home countries and globally. Expectations are cautious, despite the growth forecast, as a moderate rise is anticipated
Launch of Pact of Skills for the European Fashion Industry
The TCLF Pact of Skills is an initiative promoted by the European Commission to support the investment in upskilling and reskilling across the fashion industry
Prices of footwear to continue to increase
There is a rising expectation about the evolution of footwear prices in the coming months. Our experts anticipate prices to continue to rise, as a result of several pressure points impacting the business. Get access to the latest Business Conditions report and find out more today
Larger footwear companies are more optimistic about employment
Although COVID-19 is still one of the topics of the moment, most of the experts of the World Footwear Business Conditions Survey believe the coming months will be positive with favourable expectations about the levels of employment in the business
Strong health of the footwear business is expected in the coming months
Although COVID-19 is still dominating most of our conversations and making headlines in the news, most of our panel experts believe that businesses will have a positive evolution. Read about this in our most recent bulletin of World Footwear Business Conditions Survey
Leather organizations unveil manifesto for COP26
The signed manifesto calls on the leaders at the impending COP26 Summit, in Glasgow, to promote leather as a material that can contribute to reducing the world’s reliance on fossil fuels
UK: British Fashion Council posts blueprint for fashion circularity
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
Vietnam: industry faces contractual penalties and order cancellations
Several Vietnamese apparel and footwear companies have incurred contractual penalties for delivery delays this year, while facing unexpected order cancellations for 2022
Nike cuts revenue forecast amid supply chain disruptions
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
The European industry needs to attract young people
This is the belief of Dr. Lívia Palicska, President of the Association of Hungarian Light Industry. Given her deep knowledge and experience the worldfootwear.com wanted to know about her views on the state of footwear industry in Hungary and in Europe-
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
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