Brand Watch

Flite names Sanya Malhotra brand ambassador, launches festive footwear range

Flite, the family fashion footwear brand from Relaxo Footwears, has unveiled Bollywood actor Sanya Malhotra as its new face. The announcement comes with the launch of a fresh festive and wedding collection, giving consumers stylish choices for every celebration. The campaign is supported by a 360-degree marketing blitz that highlights confidence, individuality, and stepping ahead with […]

NEWS

US Tariffs Hit India’s Footwear Supply Chain: IFCOMA Seeks Urgent Relief for MSMEs

The Indian footwear industry is bracing for the ripple effects of recent U.S. tariff measures, with small and medium component manufacturers warning of a survival crisis. According to the Indian Footwear Components Manufacturers Association (IFCOMA), the burden of penal duties on finished footwear is being pushed down the supply chain, leaving MSME suppliers to absorb […]

NEWS

Skechers to Be Acquired by 3G Capital in $8.5 Billion Transaction

Company to Remain Founder-Led and Focused on Growth, Innovation, and Comfort-Driven Footwear LOS ANGELES & NEW YORK – [May 5, 2025] – Skechers U.S.A., Inc. (NYSE: SKX), a Fortune 500 company and the world’s third-largest footwear brand, today announced it has entered into a definitive agreement to be acquired by global investment firm 3G Capital in an all-cash […]

International NEWS

Artificial intelligence and the shoe business: the next industry revolution has already begun!

Credit : Exporiva schuh & Gardabags ARTIFICIAL INTELLIGENCE IS TRANSFORMING THE FOOTWEAR INDUSTRY, OPTIMISING PRODUCTION, LOGISTICS AND CUSTOMER EXPERIENCE IN A SUSTAINABLE AND PERSONALISED WAY. DURING THE SUSTAINABILITY SUMMIT, THE IMPORTANCE OF LEARNING, UNLEARNING AND RE-LEARNING TO REMAIN COMPETITIVE IN A RAPIDLY CHANGING ENVIRONMENT EMERGED. INNOVATIVE START-UPS SUCH AS SANGROVE, IFRETURNS, ACBC AND UP2U SHOW […]

Expert Speaks NEWS

Reciprocal Tariffs Rattle India’s Leather Industry, But Optimism Persists: Puran Dawar Weighs In

By Amit Chopra | Industry Report As global trade tensions simmer and reciprocal tariffs take center stage, India’s leather sector finds itself at a critical juncture. Industry veteran Puran Dawar, President of the Agra Footwear Manufacturers and Exporters Chamber (AFMEC) and Regional Chairman (North) of CLE, shared his candid perspective on the evolving situation and […]

NEWS

Trump Tariffs and Indian Footwear: A Trade Tango or a Toe-Stubber?

By Dipika Chopra, Editor – Shoes & Accessories As Donald Trump gears up to build the Great wall of Tariffs, global trade circles are once again bracing for impact. His latest volley? A potential tariff storm aimed at imports from key nations—including India. For India’s footwear industry, which struts confidently in both leather legacy and […]

NEWS

US Tariffs on Vietnam Could Upend Nike and Sportswear Giants

Global sportswear giants like Nike and Adidas could face a major setback as the U.S. government considers imposing tariffs on Vietnamese imports, potentially shaking up their supply chains and pricing strategies. Vietnam has become a key manufacturing hub for sports apparel, with Nike producing half of its footwear and over a quarter of its apparel […]

NEWS

National Footwear Components Exhibition Kicks Off April 2nd, Attracting Shoe Industry Leaders

Agra: The Indian Footwear Component Manufacturers Association (IFCOMA), which has been a key player in advancing India’s footwear component sector for over two decades, is set to host the 58th edition of the National Footwear Components Exhibition, ‘Shoe Tech’ and the 9th edition in Agra. The two-day event will take place on April 2nd and 3rd at Hotel Madhu Resorts […]

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