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Industry News Saturday 4th of March 2023
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…

Industry News Friday 3rd of March 2023
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…

Industry News Thursday 2nd of March 2023
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…

Industry News Tuesday 28th of February 2023
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…

Industry News Monday 27th of February 2023
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…

Industry News Friday 24th of February 2023
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…

Industry News Thursday 23rd of February 2023
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 …

Industry News Wednesday 22nd of February 2023
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…

Industry News Tuesday 21st of February 2023
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…

Industry News Monday 20th of February 2023
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…

Industry News Saturday 18th of February 2023
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…

Industry News Thursday 16th of February 2023
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

Industry News Wednesday 15th of February 2023
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

Industry News Tuesday 14th of February 2023
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

Industry News Monday 13th of February 2023
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