News from World

tag: Calzature

04 November 2022

Taiwanese Footgearmex fires workers in Vietnam blamingf "draining up of orders and financial issues"

Taiwanese shoemaker Footgearmex Footwear Co Ltd is preparing to lay off two-thirds of the workforce at its Ho Chi Minh City plant, @reuters announced, citing a company announcement to employees, blaming a "drying up of orders and financial issues". [Taiwan's Footgearmex Footwear to lay off workers at Vietnam ... - Reuters]

28 October 2022

Fires: there is a security problem in fashion supply chains

Fires continue to engulf the fashion industry: in India, in East Delhi, clothing factory and then in Kerala, at Choice Footwear Material; in Vietnam, a Nike supplier. These factory fires once again demonstrate the urgent need for a legally binding safety agreement for the apparel and footwear industry, according to Ineke Zeldenrust, international coordinator of the Clean Clothes Campaign. [Why do fashion factories keep going up in flames? – SJ]

28 October 2022

The different growth estimates of the footwear market

The global footwear market is expected to grow at a rapid pace in the coming years. However, estimates of the actual size of the market and forecasts of its growth rate vary greatly from one market research firm to another. Shoe Intelligence analyzes various surveys published in recent weeks. [Global footwear market to enjoy sustained growth in the coming years – shoeintelligence.com]

26 October 2022

Adidas dropped its deal with Kanye “Ye” West over a series of antisemitic social media posts

In the past, a business might bet on its relationship with a sports star or musician boosting sales, hoping to use its clout with media organizations to keep negative stories under wraps, offering exclusives on other topics in exchange for silence. But the media’s gatekeeping role has diminished in the era of viral content, and companies can be left holding the bag if the superstar face of their campaign goes off the rails. In this case, Adidas says it will lose $250 million cutting its ties with West, a @semafor tweets.

22 October 2022

Adidas slumps after fresh “Profit Warning”: main cause, sales drop in China due to the persistence of Covid lockdowns

Shares in Adidas fell more than 9 per cent on Friday after the sportswear group sounded the alarm on profits for the second time in three months. “The warning came as the company disclosed late on Thursday that is was sitting on a growing pile of unsold trainers and other kit as sales in China and the western markets have been much lower than expected”, reads on the @financialtimes. [Adidas shares tumble after second profit warning in three ... – FT]

21 October 2022

Uzbekistan, the industrial potential of the Tashkent region

An extraordinary session of the Tashkent Regional Council of Deputies was held in Nurafshan. It was attended by the President of the Republic of Uzbekistan Shavkat Mirziyoyev. This year, $94 million will be allocated to SMEs over two years. For the districts of Piskent, Boka, Bekobod and Okkurgan, the budget of the Entrepreneurship Support Fund has been increased to 75%. $22.5 million will go to infrastructure and $2.7 million to footwear, leather and textile projects. [Тошкент вилоятига ҳоким тасдиқланди - Янги ўзбекистон]

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