New Balance’s Post

As global supply chains continue to face challenges, brands need to embrace nearshoring in their supply chain strategy. The footwear industry can uniquely benefit from nearshoring in León, Mexico—a hidden gem yet to be fully tapped. Here's why León stands out: - León boasts a long tradition in leather and footwear manufacturing, with world-class tanneries and manufacturers with deep knowledge of leather footwear. - León offers easy access to major North American markets, significantly reducing shipping times and costs. This proximity allows brands to streamline their supply chains and respond swiftly to market demands. - Mexico's favorable trade agreements, such as the USMCA, provide tariff advantages.  - Brands can enhance their green credentials by partnering with eco-friendly manufacturers and tanneries in León. The footwear industry has yet to fully embrace the untapped potential of León. It's time to recognize and capitalize on this hidden gem. #Footwear #Nearshoring #LeónMexico #SupplyChain #Sustainability

👠👞 Step up your shoe game with this versatile Adjustable Double-Layer Shoe Storage Rack! 🔄✨ Keep your footwear organized and easily accessible. No more cluttered floors or tangled pairs! 💯💼 Get ready to strut in style! Link for buy : https://lnkd.in/d4FRzchZ #style #layer #shoes #innovation #sales #shopenzer #onlineshopping #organic #shopenzerinc #onlineadvertising ______________________________________ Shopenzer, Inc. Shopenzer Group

Supply Chain Alliance is #metroscg's Supply Chain Consulting service. We have a Team of highly effective Supply Chain experts with proven experience across several Industries and Sectors. Check out one of our recent customer testimonials... #supplychainmanagement #supplychaininnovation #supplychainsolutions #supplychainexcellence #supplychainresilience

𝐃𝐞𝐦𝐲𝐬𝐭𝐢𝐟𝐲𝐢𝐧𝐠 𝐭𝐡𝐞 𝐧𝐞𝐰 𝐬𝐚𝐟𝐞𝐭𝐲 𝐟𝐨𝐨𝐭𝐰𝐞𝐚𝐫 𝐬𝐭𝐚𝐧𝐝𝐚𝐫𝐝: 𝐀 𝐬𝐢𝐦𝐩𝐥𝐞 𝐠𝐮𝐢𝐝𝐞 𝐭𝐨 𝐄𝐍 𝐈𝐒𝐎 20345:2022 Getting to grips with safety standards can be challenging. Even for experienced industry professionals, navigating the wide array of specifications and requirements can rapidly become overwhelming. The change in the EN standard for safety footwear now threatens to create further confusion for health & safety managers. Our guide is designed to demystify the new standard, providing a straightforward overview of everything you need to know about EN ISO 20345:2022. Download here https://bit.ly/4aweqA2 #safetyfootwear #safetystandards #whitepaper #protectingpeople

🚀 Space Optimization and Business Growth: 𝗚𝗶𝗮𝗻𝘃𝗶𝘁𝗼 𝗥𝗼𝘀𝘀𝗶, a prestigious footwear brand, has chosen to leap forward by implementing an innovative solution. 👞 The challenge: managing significant growth while maintaining quality and production efficiency. 🔍 The solution: The company selected Ferretto Group's vertical lift modules to reorganize its production department and improve space management, achieving a storage surface of 460 m2 in just 52 m2. 🌟 The results: a 35% growth compared to the previous year and a +5% increase compared to pre-pandemic results in 2019. Curious to learn more? Read the complete Case Study https://lnkd.in/dJGZXMmV #innovation #businessgrowth #automation #footwear #automatedwarehouse #Vertimag #logistics #warehouse

Apex Footwear's Chairman, Syed Manzur Elahi, has announced plans to acquire 11,000 shares of the company from the Dhaka Stock Exchange (DSE) secondary market. #ApexFootwearLtd. #SyedManzurElahi #CompanyShares #Business #BusinessNews #BusinessPost #BusinessHubs #BusinessGrowth #BusinessInsights #BusinessBangladesh #IndustryInsights #IndustrialNews #BusinessBrillianz

How did New Balance manage to sell $6.5 Billion Dollars worth of their dark shoes? 👇 🥾Step into the success story of New Balance, a brand that has carved out a niche in the highly competitive athletic footwear market by emphasizing performance and comfort over flashy marketing. Originally appealing primarily to runners for their high-quality craftsmanship, New Balance shoes have transcended the tracks to become a staple in everyday fashion and streetwear. This shift is a testament to their unwavering commitment to quality, with shoes that often feature more understated designs but promise superior durability and support. Whether it’s for a marathon or a walk in the park, New Balance ensures every step is taken with confidence. The brand’s ascent is also marked by its dedication to principled manufacturing practices. Proudly producing a significant portion of their products in the US and UK, New Balance sets itself apart in an era dominated by outsourced labor. This commitment not only guarantees high standards of production but also resonates with consumers who value ethical manufacturing. The iconic “N” logo is not just a symbol of style but also of a heritage that champions an ethical approach to the global shoe industry, appealing to a broad audience that values both form and principled function. #Acutagramming

In Q1 2024 (Jan’24 – Mar’24), the Footwear Industry in the U.S increased sales slightly (+0.3%) to $9.1B. The $50 & below Footwear marked decreased sales -4% or -$121MM vs 2023. The $100 -$125 Price Segment represented 13% of Footwear sales but contributed to 57% of all the dollar growth in the industry.

Global Footwear Market Size The global footwear market was estimated at USD 387.74 billion in 2022 and is forecasted to reach USD 403.18 billion by 2023. . . #footware #marketsize #onlinesurvey #marketresearch #globalmatrixsurvey