Footwear Industry Articles

Pietermaritzburg, KZN, SA – In the first place, my deepest condolences to Nellandran and Pritha and Uncle Shan’s five grandchildren. His passing on, as I’m sure you know, is not just a loss to your immediate and extended family and his close friends and colleagues, including in the media sector – but to all of us i ...more

Durban, KZN, SA – My forecast for 2024 is that production will be 12.5% down on last year. Meaning 41,690,000 pairs.The last time we saw such low volumes was in 2007.My forecast for next year is that production will be stabilised at the same level as this year – let’s say 42,000,000 pairs. However, with some serious inte ...more

Durban, KZN, SA – The South African footwear and leather goods industries are navigating a challenging yet potentially transformative period. Shaped by a mix of longstanding hurdles and emerging opportunities, their future remains uncertain as the global market continues to shift rapidly in the wake of COVID-19. While difficulties p ...more

Durban, KZN, SA – As the economy still seems to be precariously poised due to various exogenous variables, I remain very cautious about looking into the future.The formal sector of the economy has not fared well in terms of employment as measured by Clothing Industry Bargaining Council figures (see attached chart).It appears that th ...more

Cape Town, W. Cape, SA – The NCRF has 10 members with very different approaches to all sorts of things, so a forecast is difficult.We’re keeping an eye on factors including reduced interest rates, the two-pot retirement system, and political outcomes, and there is a degree of optimism, but I’m not willing to attach any f ...more

Osmo’s AI-powered scent authentication machine in action, revolutionizing the fight against counterfeit sneakers by detecting unique chemical profiles with remarkable precision.As the sneaker resale market continues to boom, counterfeit goods remain a persistent concern for both luxury and mass-market brands. Counterfeiters have bec ...more

The French parliament has recently reduced VAT on repairs for shoes, leather goods, textiles, and bicycles from 20% to 5.5%, a move expected to support sustainability, local artisans, and potentially revitalize a declining industry. This decision, reported by World Footwear on November 6, 2024, raises questions about its potenti ...more

Japanese sportswear brand Asics is making notable progress in expanding into India’s Tier 2 and Tier 3 cities to meet the rising demand for athleisure outside major metro areas. According to Economic Times, by the end of 2024, Asics plans to operate 120 stores across the country, driven by a surge in e-commerce sales from non-m ...more

Obituary: Michael Lambrakis – Scotts Group, Frame Group, Poly-Soles, OG Footwear, Kalistos Footwear, Lambella Footwear, Andreoli Shoes, ShoePairMarket (04/04/1945-20/09/2024) ...more

By common consent, 2024 has been a difficult year for almost all businesses, organisations, government departments and people in the SA leather value chain. The main exceptions would have been successful exporters, because the domestic market has been getting poorer year after year. The underlying reasons are mostly to do with the policie ...more