According to a filing with the BSE, Khadim India, a prominent footwear retail brand, recorded an increase in consolidated net profit to Rs 4.29 crore in the fourth quarter (Q4) ending on March 31, 2023. This demonstrates a significant growth compared to the profit of Rs 2.65 crore achieved in the corresponding period of the […]
19th May 2023. Today adidas announced it will begin selling some of the remaining inventory of adidas YEEZY products, with an initial release end of May 2023. A range of existing designs will be available exclusively through adidas.com/yeezy and the adidas CONFIRMED app. A significant amount will be donated to selected organizations working to combat […]
In a world driven by technological advancements, the importance of high-quality components cannot be understated. These building blocks of innovation lay the foundation for progress and development in various industries. Recognizing this, IFCOMA recently inaugurated its Components Display Showroom, a testament to its commitment to excellence and customer satisfaction. The Components Display showcases a comprehensive […]
Pou Chen, a Taiwanese company supplying major brands like adidas, Nike, and Reebok, has recently announced plans to further reduce its workforce in Vietnam. During a meeting with city authorities, the company’s representatives revealed their intention to slash 5,774 jobs, which amounts to 10% of their total workforce. This decision comes as a result of […]
The Hong Fu Group, a Taiwan-based footwear company, has been granted 130 acres of land by the Tamil Nadu government in Panapakkam SIPCOT, located in the Ranipet district of the state. The purpose of this allocation is for the construction of a factory that will produce non-leather shoes worth Rs. 1,000 crore, with an expected […]
A grand two-day event by IFCOMA – it’s 54th and 8th edition of Footwear Component Exhibition ‘Shoe Tech’ Agra is being organized on 05th and 06th April at Hotel Madhu Resorts, Agra. IFCOMA’s ShoeTech Agra exhibition is an exciting event that showcases the latest advancements and trends in the footwear industry. This year’s exhibition promises […]
It is no longer possible to talk about sustainability using verbs in the future tense. While this has been the case up to now, the new European regulations that have recently come into force, and the many others currently in the pipeline, are forcing the business community to become more and more committed. It is […]
The industry seeks clarifications on India new footwear import and manufacturing policy. The new policy will be effective immediately on 1 July 2023. The seminar on quality norms for footwear was conducted on 1st April,23 at Agra Trade Centre. The seminar aimed to educate the attendees about the new expected norms and the policy importance of quality in the footwear industry and […]
BIS CERTIFICATION FOR FOOTWEAR Concerned about the proposed BIS standards, various footwear industry associations are congregating in Agra at 11am on 1st April,23 at Agra Trade Centre to discuss the potential impact of the standards. Industry insiders are worried that the mandatory nature of the standards could adversely affect their creativity and ability to predict […]
Report by DIPIKA CHOPRA The annual leather exhibition was held from March 13 to March 15 at Dubai World Trade Centre. The exhibition showcased a wide range of leathers, leather products, from footwear, bags and accessories items. The event was attended by leather tanners, footwear manufacturers, retailers, buyers, and enthusiasts from all over the world. […]
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