Allbirds is no longer a shoe company. In April 2026, the San Francisco-based brand announced it is selling its footwear assets to American Exchange Group, the licensing firm behind Ed Hardy and Mudd, for $39 million. The publicly listed entity, meanwhile, is reinventing itself as an AI compute infrastructure business under the name NewBird AI. […]
From 19 July 2026, large companies in the EU will be prohibited from destroying unsold clothing, accessories and footwear, with the rule extending to medium-sized businesses by 2030. Under the Ecodesign for Sustainable Products Regulation (ESPR), companies must focus on reuse and recycling instead of disposal, alongside mandatory reporting of discarded goods beginning in February […]
The India–Austria Business Forum, held at Vanijya Bhawan in New Delhi on April 17, 2026, marked a significant step in advancing bilateral economic ties. The event coincided with the official visit of Austrian Federal Chancellor Dr. Christian Stocker, accompanied by Federal Minister for Economy, Energy and Tourism Wolfgang Hattmannsdorfer. India was represented by Union Commerce […]
New Delhi: Jointly organised by the Vietnam Trade Office in India and the Vietnam Leather, Footwear and Handbag Institute, the dialogue brought together policymakers, industry leaders and research institutions from both countries setting the stage for a more integrated and future-ready footwear ecosystem. Reinforcing its role as a catalyst for global industry partnerships, IFCOMA and […]
A landmark meeting at the Ministry of Textiles marks a forward-looking moment for one of India’s most vital sectors By SHOES & ACCESSORIES Editorial Desk April 8, 2026: India’s non-leather footwear industry is entering an exciting phase of transformation, with a strong push towards a textile-led future. In a recent meeting with the Textile Minister, […]
The global fashion industry is witnessing the rise of a refreshing new trend this season — mint green footwear. As highlighted in a recent fashion report, mint-toned shoes are quickly becoming the standout choice for Spring/Summer 2026. From luxury runways to everyday street style, the soft pastel hue is being embraced for its clean, modern […]
The ongoing 2026 Iran–Israel conflict has triggered a major disruption in India’s footwear sector, placing significant pressure on manufacturers across the country. With supply chains strained and input costs rising sharply, the industry is facing one of its toughest phases in recent years. A key concern has been the shortage of petrochemical-based raw materials such […]
New Delhi, March 30, 2026: In a strategic move to deepen its presence in India’s evolving footwear market, Tauseef Mirza has acquired a 100% stake in D2C casual footwear brand Solethreads. The acquisition marks Mirza International’s expansion into the fast-growing semi-premium segment, combining Solethreads’ digital-first, youth-centric positioning with the group’s established manufacturing and design strengths. […]
New Delhi, March 31, 2026: Strengthening its focus on the upstream ecosystem, the Council for Leather Exports (CLE) has nominated Sanjay Gupta as Convenor of the Components and Allied Panel, reinforcing alignment across critical input segments of the leather and footwear value chain. He currently also heads IFCOMA. Gupta brings extensive industry experience and a […]
Kolkata 30th Mar’26: In a significant development for India’s leather and footwear sector, Mr. Mukhtarul Amin has been appointed Vice Chairman of the Council for Leather Exports (CLE), reinforcing experienced leadership at a time of global recalibration in trade and manufacturing. A distinguished gathering of dignitaries and CLE members marked the occasion. A former CLE […]
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