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   

According to the 2022 C-Suite Outlook survey, rising inflation, labour shortages, supply chain disruptions and changing consumer behaviours are the top-of-mind concerns for executives   

The law defines the term “leather” and regulates its use, recognizing the need to protect the sector from deceptive business practices. The term can no longer identify materials that are not of animal origin   

The US-based footwear giant reported record sales of 6.29 billion US dollars in 2021. The company remains confident about reaching 10 billion US dollars revenue by 2026   

In 2021, Brazil shipped 123.6 million pairs of shoes, which reflects an increase in volume of 32% and 7.3%, as compared to 2020 and 2019, respectively. Positive trajectory should continue over 2022