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

IKEA Expands Footprint in North India

Online Deliveries Begin March 1, Mega Stores to Follow New Delhi: Swedish home furnishings giant IKEA is set to deepen its presence in North India with the launch of online delivery services across Delhi-NCR and nine other cities starting March 1. The company, which entered the Indian market nearly seven years ago, is now shifting focus […]

NEWS

EZOK Unveils First Store in Delhi’s V3S Mall

New Delhi, Feb 1st: The grand opening of the first EZOK store at Delhi’s V3S Mall marked a milestone in the Indian footwear market. The launch event, graced by vibrant influencers, added a touch of glamour to the highly anticipated occasion. The EZOK store represents an unwavering commitment to craftsmanship and attention to detail. Positioned […]

NEWS

Aldi to Invest £650m in UK Expansion for 2025

17th December 2024 Aldi has announced plans to inject £650 million into its UK store network next year, aiming to bolster its presence across towns and cities nationwide. The German discount retailer outlined plans to open around 30 new stores in 2025, including sites in Fulham Broadway (London), Billericay (Essex), and Cheadle (Stoke-on-Trent). This initiative […]

NEWS

Expo Riva Schuh & Gardabags: an antidote to the global crisis

11–14 JANUARY 2025 – THE RIVA DEL GARDA EXHIBITION KICKS OFF THE AUTUMN-WINTER 2025/26 SEASON 20th Dec, 2024: Over 1,000 exhibitors, including companies and brands, 8,358 retail outlets represented by visiting buyers invited by the fair, and more than 100 participating countries. Expo Riva Schuh & Gardabags reaffirms its status as the perfect antidote to […]

India NEWS

Hong Fu Breaks Ground for ₹1,500-Crore Footwear Manufacturing Unit in Tamil Nadu

December 16, 2024: In a significant boost to Tamil Nadu’s industrial ecosystem, Taiwan’s Hong Fu Industrial Group, the world’s second-largest manufacturer of non-leather athletic footwear, officially marked its entry into India by laying the foundation stone for a ₹1,500-crore ( USD180 million approx.) footwear manufacturing facility at the SIPCOT Industrial Park in Panapakkam, Ranipet district. The […]

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