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 […]
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 […]
Re-strategise, re-set, upskill, go compliant, build in agility and resilience—these should be the mantras for the footwear industry as it gears up in the next 89 days for the final dictum from the White House. And yeah, US+1 will work here too. And that could well be here’s looking at you India! By Richa Bansal Long Story, […]
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 […]
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 […]
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 […]
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 […]
Shanghai, China – The International Union of Shoe Industry Technicians (UITIC) has officially opened the Call for Papers for its 22nd World Congress, scheduled to take place in Shanghai from August 31 to September 3, 2025. Under the theme “Competitiveness and Sustainability in the Age of Artificial Intelligence,” the congress will explore the evolving relationship between […]
The Bureau of Indian Standards (BIS) has launched a series of raids across major e-commerce warehouses, including those of Amazon and Flipkart, to crack down on the sale of uncertified products. The raids were conducted in several cities, including Lucknow, Gurugram, and Delhi. On March 7, BIS officials confiscated 215 toys and 24 hand blenders […]
In the first two months of 2025, Brazilian footwear exports showed solid growth, with shipments totaling 21 million pairs worth $174.23 million, up 14.7% in volume and 2.7% in revenue compared to the same period in 2024. The uptick is partly due to favorable exchange rates, which allowed Brazilian exporters to sell at competitive prices […]
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