News from World

tag: Calzature

26 May 2022

Nike also closes franchise in Russia

U.S. sports giant Nike is set to leave Russia after declining to renew the brand’s agreements with authorized resellers within the country. Contracts between Nike and two of its largest authorized Russian retailers expire today (May 26), the Vedomosti business newspaper reported. [Nike to Exit Russia as Resale Contracts End – Moscow Times]

24 May 2022

Footwear prices rise due to raw materials, but consumption resumes moderately

Footwear prices will increase by an average of 8.4% in the coming months, from +9.8% in Europe to +5.7% in North America, according to the World Footwear Business Condition Survey conducted by APICCAPS, Associação Portuguesa Ind. Calçado Componentes Artigos Pele Sucedaneos. Moderate recovery in consumption: North America +2.5%, Europe +5.2%, South America +7% and Asia +8.9%

23 May 2022

Bolivia, a craftsman-industrial ecosystem disappears in La Llajta, 90% of shoe factories are closed

Before the pandemic there were at least 300 shoe factories, now only 30 are working. The artisans of the department seek their reactivation by awarding municipal contracts., because here the risk is not only of the disappearance of a way of working, but also of a way of life. [La Llajta ya no es centro calzadista de Bolivia; cerraron 90% de talleres – Opinión Bolivia]

20 May 2022

“Better Work Vietnam”

Further empowering women will help improve Viet Nam’s garment and footwear sectors after the COVID-19 crisis, evidence from the ILO’s flagship programme has shown. [Improved gender equality vital to recovery of garment, footwear industries – Quang Ninh]

19 May 2022

Growing Urgency of Transparency in the Fashion Industry

The Roadmap to Net Zero report, published by the World Resources Institute and the Apparel Impact Institute, commented by Material Exchange. One of the main takeaways of the report is the estimated emissions produced by the fashion sector.

16 May 2022

Headwinds in China have been the common theme throughout footwear retail earnings reports

Wall Street falls as growth stocks, glum China data weigh. European Stock markets struggle as fears over economy grow. Chinese economy takes a hit as Beijing, Shanghai reel under lockdown. Industrial production and retail sales are in sharp decline: Q1 sales of Yue Yuen - largest branded athletic and casual footwear OEM manufacturer in the world - hurt by declines at Pou Sheng retail division. Crocs, Under Armour and Adidas all reported headwinds to their businesses in China.

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