NEWS

H&M Releases 2023 Results – CEO Helena Helmersson Announces Departure

CEO Helena Helmersson highlighted improvements in the supply chain and cost management, leading to stronger gross margins and cash flow. Despite challenges like inflation and interest rates affecting consumer purchasing power, net sales in comparable markets rose compared to 2022. In the twelve months ending November 30, 2023, H&M achieved 236.0 billion Swedish kronor (20.9 […]

NEWS

CLE Chairman Sanjay Leekha to hand over baton to Rajendra Jalan

The outgoing Chairman expressed his gratitude to the Council for Leather Exports (CLE) members in a heartfelt message, reflecting on the impactful 2 ½ years he spent at the helm of the organization. Addressing challenges within the industry head-on, he shared the remarkable achievements made possible through collaborative efforts with the government and the unwavering […]

Featured

How footwear industry is responding to post globalization era

By Enrico Cietta, Fashion Economist  The footwear production chain is undergoing a gradual yet consistent transformation, shifting away from a single global factory model to the emergence of numerous worldwide manufacturing centres. During the June edition of ERS, Enrico Cietta, President of the Expo Riva Schuh & Gardabags Scientific Committee, delivered a captivating presentation that […]

Expert Speaks Opinion

Deciphering the US Footwear markets dynamics

A Comprehensive Analysis – By: Shri Atul Kumar Mishra The footwear industry within the United States pulsates with vibrancy and dynamism, uniquely characterized by a fusion of high per capita income, the globe’s largest economy, and a longstanding tradition of housing some of the world’s premier footwear labels.  Flourishing on a diverse range of factors, […]

NEWS

Surprise, Surprise: Converse x pgLang Is Back

The Converse x pgLang partnership is back, this time with a plot twist. Debuting in a black colorway of the pgLang for Converse Chuck 70, the collaboration introduces a chance-driven experience that will randomly ship one of two new variations of the shoe when it is ordered on converse.com.  Founded in 2020 by Kendrick Lamar […]

NEWS

MAKE YOUR FAST, FASTER THAN EVER WITH PUMA

FAST-R 2 NITRO™ ELITE PUMA heralds the arrival of the Fast-R 2 NITRO™ Elite, an unparalleled race-day running shoe poised to redefine performance standards. Evolving from the groundbreaking Fast-R NITRO™ Elite, this iteration boasts an astounding 22% surge in energy storage and up to 46% more raw energy return, promising a lighter, more efficient experience […]

Market NEWS

Nike G.T. Cut 3 : What to know

Its new superpower: a Nike ZoomX Foam midsole, appearing for the first time in a Nike Basketball shoe.  For Nike designers, adapting Nike ZoomX Foam to a basketball silhouette was a detailed process. The G.T. Cut 3 had to balance the foam’s next-level responsiveness with a low-to-the-ground court feel. The design teams achieved both goals: […]

NEWS

Nike Basketball Footwear

The Nike Greater Than series is Nike’s basketball footwear system inspired by listening to the voice of the athlete to solve real on-court problems. Greater Than series footwear utilizes the best of Nike product innovations and technologies to help athletes at every level create space and maximize speed for effectiveness on the court around the […]

NEWS

Nike Alphafly 3 

Nike athlete Eliud Kipchoge broke the previously elusive 2-hour marathon barrier, inspiring the world and proving that no human potential is limited. A revolutionary footwear innovation, a prototype of the Nike Alphafly NEXT%, helped Eliud run into the history books — and a new footwear category was born. Five years later, Nike athletes and the […]

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