UK Consumer Confidence Rebounds to the Highest Level in Almost A Year
Abstract: The latest data by GfK shows that UK consumer confidence hit in February the highest level since April 2022, thus displaying households’ resilience despite the cost-of-living crisisThe Research Group GfK said that its index of consumer conf…
Momad: More and More a Lifestyle Fair
Abstract: The Madrid-based trade show is increasingly focusing on lifestyle offerings from a multi-sector and international perspective, with a special focus on the Latin American market, as well as Europe.Intergift, Bisutex, Madridjoya and MOMAD conc…
Companies Pou Chen to Cut 6000 Jobs in Vietnam
Abstract: The Taiwanese-based footwear manufacturer has reportedly slashed 3 000 jobs amidst weak demand. Another 3 000 people will not see their labour contracts extended by the end of the yearThe news came from two local official sources, who refuse…
Sportswear Brand Castore Plans to Secure Capital Injection
Abstract: Buyers numbers at the last edition of the international footwear trade fair increased by 25% over the previous edition, with about half of them visiting from abroadThe 95th edition of MICAM Milano and its sisters fairs, namely MIPEL, TheOneM…
Germany Retail: One Swallow Doesn't Make a Summer
Abstract: Despite the upturn in consumer confidence observed in the last quarter of 2022, there is still much concern among retailers. Footwear imports are following an upward trend since October, which could be read as a good sign concerning the heal…
Parent Company of Havaianas Posts Profit Loss
Abstract: The Brazilian Alpargatas reported fourth quarter and full year results below expectations, with inflation eroding consumers purchasing power notably in Brazil“In 2022, our operational performance was disappointing. Cost and operational chal…
Lenzing, NFW Partner on Sustainable Fashion Leather Alternative
Abstract: Sustainable speciality fibre supplier Lenzing is the latest to partner with material innovation company NFW on its Mirum sustainable leather alternative material with Tencel fibres that is free of plastic and fully traceable.Lenzing follows …
EU Commissioner Virginijus Sinkevi?ius Endorses Green Pact for the Portuguese Footwear Cluster
Abstract: On the 24th of February, the European Commissioner for the Environment, Oceans and Fisheries will chair the ceremony that will publicly launch the Green Pact for the Portuguese footwear and leather goods clusterThe Portuguese Shoes Green Pac…
Cambodia to Invest US$18m in Apparel Manufacturing Projects
Abstract: The Council for the Development of Cambodia (CDC) has approved three investment projects for the apparel sector that will create up to 5,000 jobs, according to local news reports.Cambodia’s three new investment projects belong to New Target…
Spain Retail: Retailers and Consumers Have Shown Themselves Resilient at the End of 2022
The Textile, Clothing, and Footwear (TCF) retail sales index has improved in the fourth quarter of last year and several companies in the category appear to be less fearful about 2023, especially after their positive annual results. Moreover, retailer…
Brazil: Footwear Exports Get Off To A Good Start
Brazilian footwear exports grew in both volume and value in January 2023, year-over-year, with shipments to EU countries offsetting the drop recorded in the US and Argentine marketsAccording to the Brazilian Footwear Industries Association (Abicalados…
7th Edition of the World Footwear Congress Postponed
Due to the earthquakes that occurred in Trkiye and Syria on the past 6th of February, the next edition of the World Footwear Congress, expected to be held in May 2023 in Istanbul, has been postponed
What to Expect in the Next Two Years
How production chains will evolve over the next two years. The considerations of Enrico Cietta, President of the Scientific Committee of Expo Riva Schuh & Gardabags
The Future is Now: the Challenge of New European Regulations on Sustainability and Traceability
It is no longer possible to talk about sustainability using verbs in the future tense. While this has been the case up to now, the new European regulations that have recently come into force
Portuguese Footwear Cluster with Record Results in 2022
Portuguese footwear and leather goods exports reached 2.35 million euros in 2022, a new all-time high, up by 22.2% as compared to the prior year. All segments registered significant growth