Employment
Asia expected to Present the Fastest Growth in Footwear Production
In the latest World Footwear Business Conditions Survey we asked our panel of experts about the region which will experience the fastest growth in footwear production over the next five years. Asia ranked first. Africa was listed as a potential emerging hub
Schuh cuts jobs as part of wider restructuring
Following a voluntary redundancy process launched by the company in January, the footwear retailer has cut 39 head office and store jobs. This is part of a wider restructuring strategy
Görtz layoffs 93 employees
The German shoe retailer has announced 93 redundancies after the Federal Employment Agency rejected its application for pre-financing of insolvency benefits, affecting around 400 employees
Saks Global to cut around 5% of its US corporate staff
Saks Global is laying off about 5% of its US workforce, Bloomberg reported, as the department store continues to integrate its recent acquisition of Neiman Marcus
Survey reveals growing importance of digital retail channels will continue
The results of the latest World Footwear Business Conditions Survey have been published. Over half of respondents anticipate an increase in the share of digital retail channels over the next three years
Industry is confident regarding footwear retail prices
77% of the respondents of the last edition of the World Footwear Business Conditions Survey expect footwear retail prices to increase over the next six months. The report with the results of the 11th edition of the survey is now available
Germany’s shoe industry navigates market changes
German footwear imports dropped, with Vietnam overtaking China as the leading supplier. Higher wages, inflation and political uncertainty add to the challenges shaping the industry’s outlook for 2025
Cost of raw materials and competition in their home market worry the footwear industry
Respondents of the 11th edition of the World Footwear Business Conditions Survey elected the cost of raw materials and competition in their home market as the main difficultie sfaced by the industry
Positive perspectives about the health of footwear business continue
More than 65% of the respondents of the last edition of the World Footwear Business Conditions Survey seem confident regarding the health of their businesses. The 11th edition of the World Footwear Business Conditions Survey results are now available
Schuh to cut jobs as part of a restructuring effort
Amid challenging economic conditions, the UK-based footwear retailer has started a voluntary redundancy process. The number of employees affected is not yet known
Employment in the footwear sector expected to stabilize
In the latest edition of the World Footwear Business Conditions Survey, two-thirds of our panel members responded that they believe the level of employment will stabilise in the next few months. Get free access to the report with the main conclusions
Industry is anticipating an increase in the quantity of footwear sold
More than 65% of the respondents of the last edition of the World Footwear Business Conditions Survey expect quantities of footwear traded to increase. The report with the main conclusions of the 11th edition of the survey can be obtained now
Footwear Consumption to increase by 8.4% in 2025
The 11th edition of the World Footwear Business Conditions Survey results are now available. Despite the uncertain scenario, the expectation of our experts is for growth in footwear consumption in 2025. Europe stands out as it will continue stagnant
UK retail jobs reach a seasonal low
The UK's retail sector navigates declining employment levels and rising labour costs, with new government policies in 2025 expected to add financial strain and push further automation investment
Mulberry cuts jobs amid efforts to turn around the business
The British luxury handbag company has cut dozens of jobs as part of a major shake-up to turn the business around, after a sales plunge of 19% in the six months to December-
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