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FOOTWEAR INDUSTRY NEWS
Higher prices for gas, groceries and flights will outlast the Iran war, experts sayA tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time fo...- 20 months of bearish markets: One additional letter that tells you which 'cheap' stocks are actually cheapMost investors live by one ratio. That ratio that tells them all they want to know – or should one say all they want to hear? They open a s...
- These large-, mid- and small-cap stocks can give more than 22% return in 1 year, according to analystsWhen a market is in a secular correction due to fears that the economy might take a hit for some reason, the fall is generally across the b...
- Lululemon says it picks former Nike executive Heidi O'Neill as next CEOLululemon has taken a decisive step by naming Heidi O'Neill, an ex-Nike leader, as the brand's new chief executive. This transition follows...
- Bata CEO Sandeep Kataria resigns after 5 years; succession plans underwaySandeep Kataria, global CEO of Bata Corporation, has resigned. He was the first Indian to lead the footwear giant. Kataria will stay for si...
- Nike can’t ‘just do it’ with US tariffs on Vietnam, set to face big blow in its effort to revive brandNike faces potential U.S. tariffs on imports from Vietnam, where it produces 50% of its footwear and 28% of its apparel. Higher tariffs cou...
- Jewellery stocks rise up to 9% as Budget 2025 reduces tariff duty to 20%Jewellery stocks surged up to 9% after the Union Budget 2025 reduced tariff duties from 25% to 20%. Analysts expect this move to boost dome...
- From beer to gasoline: Here's what will get costlier in the US if Donald Trump imposes new tariffsTrump's proposed tariffs on imports could hit American wallets hard. Prices may surge on groceries, electronics, gas, and even beer. Cars, ...
- Budget 2024: No changes in RoDTEP, drawback schemes or 45-day payment rule a miss for MSME exporters, says industryGiven how significant exports are to India’s aspirations of being a developed nation, more policy measures that can enable the country to i...
- Interim Budget: Capex & R&D push, simplified taxes top India Inc's wishlistInterim Budget: The Confederation of Indian Industry (CII) and the Federation of Indian Chambers of Commerce and Industry (Ficci) on Wednes...
- Q2 results this week: Airtel, Adani Enterprises, Zomato, Tata Motors, L&T, Titan, IndiGo and othersAdani Green, DLF, TVS Motor, Marico, Tube Investments, Proctor and Gamble, Supreme Industries, APL Apollo, UPL, GMR Airports, Petronet, KPI...
- HDFC Bank underperformance may continue for next 2 years: Sandip Sabharwal"Most of the analysts underestimated the impact on margins of the entire merger process with HDFC. Many people were betting on some relaxat...
- UK inflation eases further to 10.5% vs 10.7% earlier, read full report hereInflation in the United Kingdom has eased further for the second consecutive month. After Inflation peaked at a 41-year high of 11.1% in Oc...
- Dua Lipa bags Collection of the Year award at annual Footwear News Achievement AwardsAt the annual Footwear News Achievement Awards in New York City, the first Collection of the Year award was bagged by Dua Lipa.
- Fire breaks out at footwear factory in Delhi's Narela; 2 dead, 10 fire tenders at spotSeven fire brigade vehicles have been rushed to the spot to douse the flames.
- Kolhapuris, the famous leather chappal, get Geographical Indication tagThe GI tag will open large markets – both domestic and international – to the artisans producing Kolhapuris.
- Eco-warrior: Leonardo Di Caprio invests in sustainable footwear brandThe 43-year-old actor has invested in Allbirds, but did not disclose the amount he invested in the company.
- Will the Environment Ministry order really ruin leather and meat processing industries?The meat industry will be happy if buffalo is removed from the definition of cattle, as the bulk of its exports is buffalo meat, unlike lea...
- Noel Tata to spearhead expansion plans; Tata International may hire 5000 peopleNoel, known for his low-profile ways, is creating independent business verticals and injecting fresh talent into Tata International.
- Heard on the StreetBucking a bearish trend, agrochemicals company, Punjab Chemicals and Crop Protection (PCCPL) has gained over 19% over the past month on the...
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