The available data suggests that retailers made sure to fill up their stocks this year, most likely causing supply to outstrip demand. But while demand may have slowed down, mainly due to high inflation, spending has not ceased, and retailers are expected to increase their promotions through the end of the year to dispose of marked-down excess inventory. Consumer confidence indicators are somewhat mixed, but it is safe to assume that, at least, it has stopped bleeding. In fact, the contrast with European consumers is clear, showing that US shoppers are less sensitive to the geopolitical risks concerning the ongoing war in Ukraine. Meanwhile, though slowly, footwear prices increases are starting to decelerate   

Our latest interview is with Sanchit Kundra, founder of Fresh Feet. Mr Kundra guided us through Fresh Feet’s new technology and gave us an update on the status of the footwear industry in India   

Despite a revenue increase in the third quarter of 2022, the US-based designer and marketer of footwear, accessories and apparel for women, men and children lowered its full year outlook   

The Portuguese company Ferreira Avelar, owner of the brand Profession Bottier, celebrates 75 years of producing classic shoes of excellence, with the eyes set on the future   

The World Footwear Congress (WFC), which will be held in Istanbul from the 9th to the 11th of May 2023, will discuss the changing perspective of the consumer, new business models and employment