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Footwear Industry

India has the largest footwear market in the world: Adesh Gupta, CEO, Liberty Shoes

Liberty ShoesBSE -0.29 % CEO, Adesh Gupta, speaks to ET Now regarding the GST structure for the footwearindustry in general and how the sector would change as the market gets more organsied post GST. Edited Excerpts: What is your view on the new GST structure for footwear because most on the Street seem to be lauding …

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Fashion Footwear

Footwear is more than black, white and brown

As an industry, we get quite excited about the automobile and the leather goods aspects of our business and this is where the growth has been in recent years. All through the past hundred years, footwear has been far bigger and even the most pessimistic view of what has been …

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Fashion Footwear

Nike’s Unofficial ‘Dad Shoe’ Is One Of Its Best Selling Sneakers

Thanks to its slick design and “it’ll go with anything” quality, Nike’s footwear is favored by fashion snobs all around the world. But there is one shoe from the iconic brand that you never thought could become its top seller. Say hello to the Nike Air Monarch, aka “the underdog” …

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Fashion Footwear

An On-Feet Look at the Nike Air Max 97

Earlier this June, Nike took the wraps off the latest Air Max 97 iteration covered in a clean and crisp “Summit White” colorway. The beloved low-top model is draped in various shades of white alongside snakeskin detailing near the midsole. Not to mention 3M reflective piping wraps around its wave-shaped upper. This time around, …

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Fashion Footwear

Shoe brands urged to tackle forced labour at tanneries and ranches

LONDON, June 23 (Thomson Reuters Foundation) – Leading shoe and designer clothing labels including Nike and Puma have made progress in tackling forced labour in their leather supply chains but could do more to address the issue at tanneries and ranches providing hides, according to a study. It raised particular …

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Fashion Footwear

ADIDAS HAS ALMOST TIED JORDAN BRAND FOR U.S. MARKET SHARE AND WILL SOON PASS IT

The upward trend that adidas is experiencing in the United States is not slowing down anytime soon, and most recent numbers reported by the NPD Group show that Jordan Brand is heavily affected by this change. Since May 2016, adidas has nearly doubled its U.S. athletic footwear market share from …

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Footwear Manufacturer

Agra’s footwear industry says GST will hit them hard

Agra: Members of Agra’s footwear industry who were looking towards the Goods and Services Tax regime with the hope that it would provide some relief to them are now up in arms against high tax slabs that will be rolled out on July 1. Now, members representing around 5,000 shoe …

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Footwear Manufacturer

Use of plastic money for shoe buying increases 7% this Ramazan

  KARACHI: The purchase of shoes at leading shoe outlets through credit cards (plastic money) increased from 5 percent to 7-8 percent as against the last Eidul Fitr season, shoes outlet managers have informed. The mounting use of plastic money by commercial banks’ customers is on one hand safer than …

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Footwear Manufacturer

Leather to meat, how BJP’s beef crackdown is devastating Dalits and Muslims

Mohammad Shahin has been exporting leather for 35 years but has never faced acrisis like this. The businessman is a community leader in West Bengal’s South 24 Parganas district, owing largely to the 60 people he employs at his factory, one of 400-odd units in Kolkata’s Leather Complex. But now, …

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Fashion Footwear

A Closer Look At The Amazon-Nike Partnership

A recent Bloomberg report suggests that Nike has entered into a partnership with Amazon to sell its products directly on the latter’s platform. Currently, Nike products available on Amazon’s e-commerce site are sold by third party sellers through the Amazon Marketplace. Nike also sells its products to Amazon’s subsidiary Zappos.com. …

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