#sustainable footwear

[esglatestmarketnews]

The Future of Footwear Industry Sustainability: Innovations and Initiatives

Shoe companies have witnessed C-suite leaders prioritize sustainability, a shift in company cultures showing the footwear industry making giant strides beyond corporate promises. Stakeholders are developing KPIs and bullish strategies to foster ESG reporting. Although the COVID-19 pandemic has had a compelling impact on industries, 2023 through 2030 should see more companies start to report sustainability both to the public and internally.

With millions of footwear inundating landfills, manufacturing of environmentally preferred materials (EPMs) has become pronounced. Sustainable use of resources, including water, energy and materials, has become the next big thing. Prominently, Adidas is contemplating replacing virgin polyester with recycled polyester by 2024. The footwear giant is bullish that 9 out of its 10 articles will have a sustainable material by 2025. Moreover, in 2021, the sportswear company aimed to use recycled marine plastic waste to manufacture 17 million pairs of shoes. During the period, Tier 1 suppliers attained a 15% dip in water intensity, while Tier 2 suppliers observed an 18% plunge.

Forward-looking companies are zeroing in on augmenting the adoption of renewable energy and boosting energy efficiency. Gen Z and millennials are expected to seek products made from materials that can be recycled, reused or repurposed. Besides, socially compliant and sound corporate governance-focused companies will remain ahead of the curve in a competitive footwear industry.

Environmental Perspective

Contract manufacturers, material vendors and shoe companies have upped their environmental strategies to tap into the potential opportunities and enhance their ESG profiles. In essence, Caleres Inc. is vying to recycle, reclaim, or refurbish 90,000 pairs of shoes each year. The American footwear brand mentioned in its inaugural ESG report that environmentally preferred materials will be used for 25% of footwear sold in Famous Footwear. Moreover, the EPM will also be used in 100% of Caleres products and shoeboxes by 2025. Footwear material solution providers have furthered their emphasis on recycled materials, bio-based materials, waterless dying, material consolidation and waste reduction to propel their shoe sustainability profiles.  

Social Perspective

Lately, incorporating diversity, equity and inclusion (DEI) has become the talk of the town as leading players strive to create a positive change in the industry, protect the rights of employees and leverage a culture of acceptance and belonging. To illustrate, Nike had a 50.4% representation of women in the global corporate workforce during FY 2021. NIKE Impact Report notes that the American multinational company has 100% pay equity across all employee levels on an annual basis and offers equitable and competitive benefits for all employees. It also fostered relationships with more than 50 external partners, such as Lesbians Who Tech, the Mom Project and Women Who Code, enabling the footwear behemoth to hire candidates from various backgrounds. Considering the soaring demand for socially sustainable footwear, leading shoe brands are poised to emphasize ESG pillars.

Is your business one of the participants in the Footwear Industry? Contact us for focused consultation around ESG Investing, and help you build sustainable business practices

Governance Perspective

The significance of sound corporate governance has gained new heights to oversee sustainability initiatives, DEI opportunities, community affairs and labor practices. In essence, at Puma, leaders from CEO to the Team Head level have clearly defined sustainability targets in line with its Forever Better Sustainability Strategy. It is worth noting that the strategy is based on 10FOR25 target areas, including Human Rights, Climate Action, Plastic and the Oceans and Circularity, to integrate sustainability into the core business functions.

The German sporting goods company has underscored gender balance at management levels and reinforced the ratio of women in leadership positions. As of November 2022, women have filled 44% of leadership positions at Puma. Further, employees in leadership positions are trained in intercultural communication, diversity and inclusion, exhibiting commitment to a tolerant and open work environment through buoyant governance.

The effective implementation of ESG practices, along with organic and inorganic growth strategies, has become paramount to adding value to the company’s growth. To put this in perspective, footwear companies are poised to use sustainability to systematically address challenges focusing on technological advancements, geographical expansion, ESG reporting and bullish sustainability targets. For instance, by May 2021, On met its goal to use 100% recycled, FSC-certified cardboard, as well as 100% recycled HDPE in its apparel packaging, the Zurich-based athletic company stated in the Impact Progress Report 2021.

Given the social and political pressure shoe companies grapple with, industry leaders are expected to act proactively to stay ahead of the game. According to Grand View Research, the global footwear market size stood at USD 373.19 billion in 2021 and could depict a 4.3% CAGR between 2022 and 2030.

About Astra – ESG Solutions by Grand View Research

Astra is the Environmental, Social, and Governance (ESG) arm of Grand View Research Inc. – a global market research publishing & management consulting firm.

Astra offers comprehensive ESG thematic assessment & scores across diverse impact & socially responsible investment topics, including both public and private companies along with intuitive dashboards. Our ESG solutions are powered by robust fundamental & alternative information. Astra specializes in consulting services that equip corporates and the investment community with the in-depth ESG research and actionable insight they need to support their bottom lines and their values. We have supported our clients across diverse ESG consulting projects & advisory services, including climate strategies & assessment, ESG benchmarking, stakeholder engagement programs, active ownership, developing ESG investment strategies, ESG data services, build corporate sustainability reports. Astra team includes a pool of industry experts and ESG enthusiasts who possess extensive end-end ESG research and consulting experience at a global level.

For more ESG Thematic reports, please visit Astra ESG Solutions, powered by Grand View Research

[paaduks]

How Does Upcycled Tyre Waste Use To Make Paaduks Sustainable Footwear?

Do you know how upcycled tyre waste is use to make fashionable and sustainable footwear? Here is how the making process of upcycled tyre waste into a footwear.

[women-clothes-in-india]

The Complete Guide to Women's Clothes: Trends, Styles, and Advice

Fashion is a powerful form of self-expression, and women’s clothes play a pivotal role in shaping this expression. From the timeless classics to the latest trends, understanding the nuances of women’s fashion can elevate your style and enhance your wardrobe. This extensive guide explores current trends, essential styles, and practical advice for making the most out of your women’s clothes.

The Evolution of Women’s Clothes To fully grasp the current landscape of women’s fashion, it's crucial to understand its historical evolution. Women’s clothing has undergone significant transformations, reflecting broader societal changes and cultural shifts.

Early Influences

In the early 20th century, women’s clothes began to shift from the constrictive garments of the Victorian era to more liberated designs. The 1920s saw the rise of the flapper dress, characterized by its loose fit, dropped waist, and fringe details, symbolizing women’s growing independence and the social changes of the Jazz Age. The 1930s and 1940s introduced more tailored looks, with a focus on elegant, figure-enhancing silhouettes during the war years, thanks to designers like Coco Chanel and Christian Dior.

Mid-Century Developments

The 1950s marked a dramatic shift with the introduction of Dior’s “New Look,” which featured full skirts and cinched waists, embracing a more feminine and elegant style. The 1960s and 70s brought a revolution with bold patterns, mini skirts, and the emergence of unisex clothing. Designers like Mary Quant and André Courrèges led this charge, reflecting the counterculture and liberation movements of the time.

Modern Era

The 1980s continued the trend of bold fashion statements with power dressing and oversized silhouettes, while the 1990s and early 2000s favored casual wear and minimalist aesthetics. Today’s fashion is a mix of past influences and modern innovations, focusing on sustainability, inclusivity, and personal expression.

Current Trends in Women’s Clothes Fashion trends often mirror the zeitgeist, and contemporary women’s clothes reflect a blend of nostalgia, sustainability, and innovative design. Here’s a deeper look into the prominent trends shaping women’s fashion today:

Oversized Blazers

Oversized blazers are a standout trend that combines comfort with style. These blazers offer a relaxed silhouette that can be dressed up for formal occasions or down for casual outings. They are versatile enough to pair with tailored trousers, jeans, or even skirts. This trend is perfect for creating a chic, layered look that effortlessly bridges professional and casual wear.

Sustainable Fashion

Sustainability is more than a trend; it’s a movement reshaping the fashion industry. With growing awareness about environmental impact, sustainable fashion focuses on eco-friendly materials, ethical production practices, and reducing waste. Brands are increasingly incorporating recycled fabrics, using organic cotton, and promoting fair trade practices. Investing in sustainable women’s clothes not only supports environmental responsibility but also offers unique and thoughtful design choices.

Bold Prints and Patterns

Bold prints and patterns are making a significant impact in women’s fashion. Animal prints, floral designs, and geometric patterns add a dynamic element to outfits. These prints can be incorporated into various pieces, from dresses and blouses to accessories. Mixing and matching patterns is also gaining popularity, allowing for creative and personalized styling.

Vintage Revival

Vintage-inspired clothing is making a strong comeback. This trend draws from past decades, reviving styles such as high-waisted jeans, puff sleeves, and retro prints. Vintage revival offers a way to infuse modern wardrobes with classic elegance, creating a timeless and sophisticated look. Incorporating vintage pieces allows for a unique and personal touch to fashion.

Monochromatic Looks

Monochromatic dressing is all about creating a cohesive look using one color family. This trend emphasizes simplicity and elegance, making it easier to create polished and sophisticated outfits. Experimenting with different shades and textures within the same color palette can add depth and interest to monochromatic looks.

Essential Styles in Women’s Clothes A well-rounded wardrobe includes a variety of essential styles that can be adapted for different occasions and settings. Here’s a detailed look at some key styles every woman should consider:

Classic Denim

Denim remains a staple in women’s fashion due to its versatility and durability. A well-fitted pair of jeans—whether skinny, straight-leg, or flared—is essential. Denim can be dressed up with a blazer or dressed down with a T-shirt, making it suitable for both casual and semi-formal occasions. Investing in high-quality denim ensures longevity and comfort.

Little Black Dress (LBD)

The Little Black Dress is a timeless piece that offers unmatched versatility. Its simple elegance makes it appropriate for various occasions, from formal events to casual dinners. The LBD can be accessorized in countless ways, allowing for endless styling possibilities. Choosing a high-quality LBD ensures that it remains a go-to piece in your wardrobe for years to come.

Chic Jumpsuits

Jumpsuits are a stylish and practical alternative to dresses. They provide both comfort and sophistication, making them suitable for various events. A tailored jumpsuit can be worn to formal occasions, while a relaxed fit is ideal for casual outings. Adding accessories such as belts or statement jewelry can elevate a jumpsuit to suit different styles and settings.

Elegant Dresses

Elegant dresses are essential for special occasions, such as weddings, cocktail parties, and galas. From cocktail dresses to floor-length gowns, having a selection of elegant dresses ensures you’re prepared for any formal event. Choose dresses that complement your body shape and personal style, and consider investing in versatile pieces that can be styled in multiple ways.

Cozy Knitwear

As the weather cools, knitwear becomes a key component of your wardrobe. Cozy sweaters, cardigans, and knit dresses provide warmth and comfort while maintaining style. Opt for classic, high-quality knitwear in neutral colors that can be easily paired with other items. Knitwear is perfect for layering and can be dressed up or down depending on the occasion.

Choosing the Right Women’s Clothes for Your Body Type Selecting women’s clothes that flatter your body type enhances your overall appearance and boosts confidence. Here’s how to choose pieces that complement different body shapes:

Hourglass Shape

For an hourglass figure, emphasize your curves with fitted dresses, high-waisted skirts, and tailored blazers. Wrap dresses and belted waistlines work well to highlight your shape and create a balanced silhouette. Opt for pieces that accentuate your natural curves while maintaining a smooth, streamlined look.

Pear Shape

If you have a pear-shaped body, balance your proportions by focusing on upper-body pieces such as embellished tops or structured shoulders. A-line skirts and wide-leg pants can help complement and balance your lower body. Look for clothing that highlights your waist and adds volume to your upper body to create a harmonious silhouette.

Apple Shape

For an apple-shaped body, choose pieces that create a balanced silhouette. Empire-waist dresses and tops with V-necks can help draw attention away from the midsection and enhance your overall shape. Flowy fabrics and tailored pants can provide a flattering fit and add dimension to your look.

Rectangle Shape

To add curves to a rectangular body shape, opt for peplum tops, ruffled dresses, and layered outfits. These styles create the illusion of a more defined waist and add dimension to your figure. Incorporate accessories such as belts and statement jewelry to add shape and interest to your look.

Inverted Triangle Shape

For an inverted triangle shape, soften broad shoulders with V-neck tops and A-line skirts. Wide-leg trousers and tailored blazers can help balance your proportions and create a more cohesive look. Focus on adding volume to your lower body while keeping your upper body streamlined.

How to Accessorize Women’s Clothes Accessories are crucial in enhancing and personalizing women’s clothes. Here’s how to effectively use accessories to complement your outfits:

Statement Jewelry

Bold jewelry pieces, such as chunky necklaces, oversized earrings, and stacked bracelets, can transform a simple outfit into a standout look. Statement jewelry adds personality and flair, making it a great way to elevate your style. Choose pieces that reflect your personal taste and complement your outfit’s color and style.

Scarves and Shawls

Scarves and shawls are versatile accessories that can add color, texture, and warmth to your look. Experiment with different fabrics, patterns, and tying techniques to create various styles. Silk scarves can add a touch of elegance, while chunky knit shawls provide cozy comfort.

Belts

Belts are a practical accessory that can define your waist and add structure to your outfits. Experiment with different widths and styles, from slim belts to wide statement pieces. Belts can be used to cinch dresses, add shape to blazers, or create a polished look with high-waisted trousers.

Handbags

Handbags are both functional and fashionable. From sleek clutches to spacious totes, having a range of handbags ensures you’re prepared for any occasion. Choose bags that match your lifestyle and complement your wardrobe. Investing in a few high-quality pieces can enhance your overall style and provide practical solutions for carrying your essentials.

Footwear

Footwear is a critical element of your outfit, influencing both style and comfort. Invest in a diverse collection of shoes, including classic pumps, casual sneakers, and elegant flats. Choosing the right footwear can elevate your look and ensure you’re prepared for different events and activities.

Caring for Your Women’s Clothes Proper care is essential to maintaining the quality and longevity of your women’s clothes. Follow these tips to ensure your wardrobe remains in top condition:

Read Care Labels

Always check the care labels on your clothes for specific washing and drying instructions. This helps prevent damage and preserves the fabric’s quality. Different materials require different care methods, so adhering to these guidelines is crucial for maintaining your clothes.

Store Properly

Proper storage is key to keeping your clothes in good condition. Hang delicate items on padded hangers and store sweaters flat to prevent stretching. Use garment bags for special pieces and keep your wardrobe organized to easily access and maintain your clothes.

Avoid Overwashing

Frequent washing can wear out fabrics and cause colors to fade. Wash your clothes only when necessary and use gentle detergents to prolong their lifespan. Spot cleaning and airing out garments between washes can help reduce the need for frequent laundering.

Repair and Alter

Don’t discard items with minor issues. Small repairs, such as fixing tears or replacing buttons, can extend the life of your clothes. Tailoring ill-fitting pieces can also improve their appearance and ensure a better fit. Regular maintenance helps you get the most out of your wardrobe.

Organize Your Wardrobe

An organized wardrobe makes it easier to find and maintain your clothes. Regularly declutter and reassess your wardrobe to ensure you’re making the most of your pieces. Keeping your wardrobe tidy and up-to-date helps you make informed choices and maintain a stylish collection.

Conclusion Navigating the world of women’s clothes involves understanding current trends, embracing essential styles, and choosing pieces that suit your body type. Fashion is not just about following trends but about expressing your unique style and confidence. By staying informed and making thoughtful choices, you can create a wardrobe that is both fashionable and functional. Embrace the endless possibilities that fashion offers, and enjoy curating a collection of women’s clothes that reflects your individuality and enhances your personal style.

Whether you’re preparing for a special occasion or updating your everyday look, this guide to women’s clothes provides valuable insights and practical advice to help you make stylish and informed decisions. Fashion is an ever-evolving journey, and with the right knowledge and approach, you can confidently navigate the world of women’s fashion and build a wardrobe that truly represents who you are.

[piotrekperezdesigner]

Today I received the great news of having been selected as the winner in the Global Footwear Awards, GFA in the #AthleticSport category, for my technical sports project focused on soccer, -Evolution Cup 23- carried out in my previous international company Joma Sport.

It is an honor to receive this design award Global Footwear Awards, GFA , is more than a recognition of my work in my previous company it is the culmination of hours of dedication, effort, and passion for what I do. At this moment, I want to express my sincere thanks to everyone who has made this achievement possible. To all my colleagues in the design, product, and production team who made the completion of this work possible. This award not only represents an individual achievement but also serves as a reminder of the importance of working together, learning from each other, and pursuing excellence with passion and dedication. I am grateful for this honor and excited about what the future holds for me in the exciting world of design now at AWWG This award propels me to surpass my own limits, to explore new possibilities, and to continue growing as a designer Pepe Jeans London.

I want to express my gratitude to the event organizers for providing a platform that celebrates creativity and talent in footwear design. I also thank the judges for their hard work and for recognizing the aesthetic and functional value of my work at Joma Sport.

Among the esteemed jury panel are renowned personalities such as Felipe Fiallo, Founder & Creative Director of Felipe Fiallo S.R.L.S, who, after working for Ferragamo and creating concepts for Stella McCartney and adidas Maker Lab, is now focused on luxury sneakers and footwear. Jury member Sissi Johnson, an MBA professor and Founder of SelfSells, has had her work featured by Forbes, CNN, The New York Times, Vogue, and the V&A Museum. Sean Williams a well-respected NYC-based sneaker lover for over 37 years, serves as a sneaker industry consultant to brands worldwide and is a co-founder of the SOLEcial Studies sneaker industry education program... Jazerai Allen - Lord is a multihyphenate creative with deep roots in sneaker culture. She work with brands as New Balance, Nike, Reebok. Richard Kuchinsky, Founder and Owner of The Directive Collective, Joining these luminaries are Robbie Fuller, Creative Director at Anta Group, James Lee Thompson, the innovative strategist from On, Oronzo De Matteis 奥龍佐马蒂斯🇮🇹, the visionary behind OROORO BRAND LUXURY, Ann Williams, Co-Founder and Footwear Design Director at Schwilliamz Creative Consultants, and Mary Norton, the Luxury Accessories Design Director/Specialist at Savannah College of Art and Design

Again, thank you all for this incredible honor.

More information is available at: https://lnkd.in/dy_g839U https://lnkd.in/d_dY9jSw

JOMA SPORT, S.A. Season_ FW23

Photo Credit: Joma Sport, S.A

Project Type_ New Upper

Product Management_ Maite Torrijos

Product Development_ Daniel Álvarez

Product Design / Colour and Material_ P. Pérez

[self-learns]

Nike: Business Model, Canvas & SWOT Analysis

Introduction Nike is a globally recognized sportswear and athletic apparel brand that has captured the hearts of millions of people around the world. From professional athletes to fitness enthusiasts, Nike’s iconic swoosh logo has become a symbol of excellence, performance, and innovation. This article will delve into the world of Nike, exploring its history, business model, marketing…

[bumblebeeappletree]

Every week, Eco India brings you stories that inspire you to build a cleaner, greener and better tomorrow.

Centuries ago, people sought to protect their feet from the elements and rough terrain with rudimentary footwear made from plant material and eventually, leather. Despite numerous advances in shoe design and materials, affordability has remained a persistent issue. A relatively new concern, however, is how sustainable our shoes are.

Credits:

Supervising Producer & Voiceover: Nooshin Mowla

Field Producer & Script: Pracheta Sharma

Video Editor: Amit Garg (Metro Media Works)

Production Assistant: Anushree

Associate Producer: Ipsita Basu

Director of Photography: Dhiraj Katkade

Executive Producer: Sannuta Raghu

**********

Eco India is a co-production between DW and Scroll.in. You can watch the full episodes on https://scroll.in/topic/56120/eco-india

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[thelifestylesaga]

Trash(ie) in Fashion

Hello y'all!

Today we're talking about the integration of sustainability into e-commerce and fashion - specifically, Steve Madden’s recent partnership with Trashie, which is just the latter's latest in an ongoing collaboration with retailers like ThirdLove, Bombas, and Walmart.

This recycling initiative comes amidst a growing push toward circular fashion, with Gregg Meyer, chief sustainability officer for Steve Madden, saying that they aim to extend the end-of-life cycle of products by keeping them out of landfills and reducing environmental impact. It enables customers to purchase a Trashie “Take Back Bag” for $20, fill it with unwanted items, and send it back to the company’s recycling facility using a prepaid label. In return, they receive a $25 e-commerce credit for future purchases from Steve Madden.

Trashie’s recycling process categorizes items into over 250 grades based on material and quality, ensuring that up to 95% of the collected items are reused, downcycled, or recycled. The process includes categorizing items into over 250 grades based on material, condition, and recyclability and ensuring that the best possible outcome is achieved for each item. The company has already seen success with its other collaborations in the form of diverting millions of pounds of waste from landfills through its recycling platform.

For Steve Madden, this partnership is a key step toward following the broader trend in the fashion industry where brands are being held accountable for their environmental impact and are turning to circular models to promote sustainability. It also not only incentivizes responsible disposal of goods but also helps in customer retention by rewarding eco-friendly behavior with discounts, driving repeat purchases.

This business model taps into the eco-conscious Gen Z and millennial population by combining e-commerce and sustainability in the fashion industry, by incorporating recycling directly into the purchase cycle. The logistical infrastructure of Trashie’s pre-paid shipping bags to a recycling facility and handling the sorting process also shows how e-commerce can help make circular fashion practices efficient.

Let me know what you think in the comments, guys!

Until next time,

Cheers!

http://newhouse.syr.edu

[okabashiaustralia]

Find Sustainable Footwear in Ingham at Okabashi Stockists

Discover sustainable footwear in Ingham through Okabashi's local stockists. Our eco-friendly shoes, crafted from recyclable materials, offer a blend of comfort and sustainability, perfect for conscious consumers. Visit our Ingham stockists to explore our range and step into a greener future with Okabashi. Find your nearest store today and make an environmentally friendly choice.

[nothingwith-nt]

Transition Your Wardrobe from Summer to Fall: A Guide for All Genders

As the seasons shift and the air turns crisper, it’s time to start thinking about transitioning your wardrobe from summer to fall. This change can be both exciting and challenging, as it requires blending the lightness of summer attire with the coziness of fall fashion. Here’s a guide to help everyone navigate this transition smoothly and stylishly, ensuring you’re ready for whatever weather the…

[nmsc-market-pulse]

Digitsole: Pioneering Innovations in the Smart Shoes Market

Introduction:

The smart shoes market is rapidly evolving, driven by advances in technology and increasing consumer demand for integrated, health-focused solutions. Among the key players in this market, Digitsole stands out with its innovative approach and strategic developments that are shaping the future of smart footwear.

This article delves into the strategies, emerging innovations, and developments embraced by Digitsole as it navigates the dynamic landscape of the smart shoes market.

Download Free Sample: https://www.nextmsc.com/smart-shoes-market/request-sample

Strategic Vision

Digitsole's strategy is centered around creating a seamless blend of technology and footwear to enhance the user experience. Their vision is to transform traditional shoes into intelligent devices that offer real-time insights, improve health and fitness, and provide unparalleled comfort. To achieve this, Digitsole focuses on three key strategic pillars: innovation, collaboration, and customer-centricity.

1. Innovation at the Core

Innovation is the cornerstone of Digitsole's strategy. The company invests heavily in research and development to integrate cutting-edge technologies into their products. Their innovations are designed to address the evolving needs of consumers, ranging from fitness enthusiasts to individuals seeking medical support. Key areas of innovation include:

Advanced Sensors: Digitsole shoes are equipped with high-precision sensors that monitor various parameters such as steps taken, calories burned, posture, and gait. These sensors provide accurate data, enabling users to track their health and fitness metrics in real-time.

AI and Machine Learning: By leveraging artificial intelligence and machine learning, Digitsole can offer personalized recommendations to users. This technology helps in analyzing user data and providing insights for improving performance, preventing injuries, and optimizing training routines.

Smart Heating System: One of Digitsole's standout features is its smart heating system, which allows users to adjust the temperature of their shoes via a mobile app. This innovation is particularly beneficial for individuals in colder climates or those with specific medical conditions.

2. Strategic Collaborations

Digitsole recognizes the importance of collaboration in driving growth and expanding market reach. The company has formed strategic partnerships with various stakeholders, including sports brands, healthcare providers, and technology companies. These collaborations enable Digitsole to integrate its technology into a wider range of footwear and enhance its product offerings.

Sports Brands: Collaborating with established sports brands allows Digitsole to leverage their expertise in footwear design and reach a broader audience. By integrating Digitsole's technology into popular sports shoes, they can offer enhanced performance tracking and injury prevention features.

Healthcare Providers: Partnering with healthcare providers enables Digitsole to develop specialized products for individuals with medical needs. Their smart shoes can monitor and analyze gait patterns, providing valuable data for diagnosing and treating conditions such as diabetes, arthritis, and rehabilitation post-surgery.

Technology Companies: Working with technology companies allows Digitsole to stay at the forefront of innovation. These partnerships facilitate the integration of the latest advancements in AI, IoT, and wearable technology into their products.

3. Customer-Centric Approach

Digitsole places a strong emphasis on understanding and meeting the needs of their customers. Their customer-centric approach involves continuous feedback loops, user testing, and a focus on delivering value. By prioritizing user experience, Digitsole ensures that their products are not only technologically advanced but also practical and user-friendly.

Inquire Before Buying: https://www.nextmsc.com/smart-shoes-market/inquire-before-buying

Emerging Innovations

Digitsole's commitment to innovation has led to the development of several groundbreaking products and features that are reshaping the smart shoes market.

1. Biomechanical Analysis

Digitsole's smart shoes are capable of conducting detailed biomechanical analysis. By monitoring and analyzing parameters such as foot pressure, balance, and stride length, these shoes provide users with insights into their walking and running mechanics. This information is invaluable for athletes looking to optimize their performance and for individuals aiming to prevent injuries.

2. Health Monitoring

Beyond fitness tracking, Digitsole's innovations extend to health monitoring. Their smart shoes can detect anomalies in gait that may indicate underlying health issues. For example, changes in walking patterns can be early indicators of conditions like Parkinson's disease or multiple sclerosis. By alerting users and healthcare providers to these changes, Digitsole's technology can facilitate early diagnosis and intervention.

3. Energy Harvesting

One of the most exciting developments from Digitsole is their exploration of energy harvesting technology. This innovation involves capturing and storing energy generated by the user's movements. The harvested energy can then power the sensors and other electronic components of the smart shoes, reducing the need for external charging and enhancing the sustainability of the product.

Market Developments

Digitsole's strategic vision and innovative prowess have positioned them as a leader in the smart shoes market. Several key developments highlight their progress and impact:

1. Market Expansion

Digitsole is expanding its presence in both consumer and professional markets. Their products are gaining traction among fitness enthusiasts, athletes, and healthcare professionals. This expansion is supported by strategic partnerships and collaborations that enhance their product offerings and market reach.

2. Enhanced Product Portfolio

Digitsole continues to diversify its product portfolio to cater to different segments of the market. They offer a range of smart shoes designed for various activities, from running and hiking to everyday wear. Each product is tailored to provide specific benefits, ensuring that Digitsole meets the diverse needs of its customers.

3. Increased Awareness and Adoption

As awareness of the benefits of smart shoes grows, Digitsole is witnessing increased adoption of their products. Consumers are becoming more health-conscious and are seeking innovative solutions to monitor and improve their well-being. Digitsole's marketing efforts and customer education initiatives play a crucial role in driving this adoption.

Conclusion

Digitsole's strategic focus on innovation, collaboration, and customer-centricity has positioned them as a trailblazer in the smart shoes market. Their advanced technologies, strategic partnerships, and commitment to meeting customer needs have set them apart in a competitive landscape.

As they continue to push the boundaries of what is possible in smart footwear, Digitsole is poised to shape the future of the industry and redefine the way we think about shoes.

[esglatestmarketnews]

The Importance of Ethical Supply Chains in the Footwear Industry

Shoe companies have witnessed C-suite leaders prioritize sustainability, a shift in company cultures showing the footwear industry making giant strides beyond corporate promises. Stakeholders are developing KPIs and bullish strategies to foster ESG reporting. Although the COVID-19 pandemic has had a compelling impact on industries, 2023 through 2030 should see more companies start to report sustainability both to the public and internally.

With millions of footwear inundating landfills, manufacturing of environmentally preferred materials (EPMs) has become pronounced. Sustainable use of resources, including water, energy and materials, has become the next big thing. Prominently, Adidas is contemplating replacing virgin polyester with recycled polyester by 2024. The footwear giant is bullish that 9 out of its 10 articles will have a sustainable material by 2025. Moreover, in 2021, the sportswear company aimed to use recycled marine plastic waste to manufacture 17 million pairs of shoes. During the period, Tier 1 suppliers attained a 15% dip in water intensity, while Tier 2 suppliers observed an 18% plunge.

Forward-looking companies are zeroing in on augmenting the adoption of renewable energy and boosting energy efficiency. Gen Z and millennials are expected to seek products made from materials that can be recycled, reused or repurposed. Besides, socially compliant and sound corporate governance-focused companies will remain ahead of the curve in a competitive footwear industry.

Key Companies

    • Nike, Inc.

    • Adidas AG

    • PUMA

    • Geox S.p.A

    • Timberland

    • Skechers U.S.A, Inc

    • Crocs Retail, LLC

Environmental Perspective

Contract manufacturers, material vendors and shoe companies have upped their environmental strategies to tap into the potential opportunities and enhance their ESG profiles. In essence, Caleres Inc. is vying to recycle, reclaim, or refurbish 90,000 pairs of shoes each year. The American footwear brand mentioned in its inaugural ESG report that environmentally preferred materials will be used for 25% of footwear sold in Famous Footwear. Moreover, the EPM will also be used in 100% of Caleres products and shoeboxes by 2025. Footwear material solution providers have furthered their emphasis on recycled materials, bio-based materials, waterless dying, material consolidation and waste reduction to propel their shoe sustainability profiles.  

Social Perspective

Lately, incorporating diversity, equity and inclusion (DEI) has become the talk of the town as leading players strive to create a positive change in the industry, protect the rights of employees and leverage a culture of acceptance and belonging. To illustrate, Nike had a 50.4% representation of women in the global corporate workforce during FY 2021. NIKE Impact Report notes that the American multinational company has 100% pay equity across all employee levels on an annual basis and offers equitable and competitive benefits for all employees. It also fostered relationships with more than 50 external partners, such as Lesbians Who Tech, the Mom Project and Women Who Code, enabling the footwear behemoth to hire candidates from various backgrounds. Considering the soaring demand for socially sustainable footwear, leading shoe brands are poised to emphasize ESG pillars.

Is your business one of the participants in the Footwear Industry? Contact us for focused consultation around ESG Investing, and help you build sustainable business practices

Governance Perspective

The significance of sound corporate governance has gained new heights to oversee sustainability initiatives, DEI opportunities, community affairs and labor practices. In essence, at Puma, leaders from CEO to the Team Head level have clearly defined sustainability targets in line with its Forever Better Sustainability Strategy. It is worth noting that the strategy is based on 10FOR25 target areas, including Human Rights, Climate Action, Plastic and the Oceans and Circularity, to integrate sustainability into the core business functions.

The German sporting goods company has underscored gender balance at management levels and reinforced the ratio of women in leadership positions. As of November 2022, women have filled 44% of leadership positions at Puma. Further, employees in leadership positions are trained in intercultural communication, diversity and inclusion, exhibiting commitment to a tolerant and open work environment through buoyant governance.

The effective implementation of ESG practices, along with organic and inorganic growth strategies, has become paramount to adding value to the company’s growth. To put this in perspective, footwear companies are poised to use sustainability to systematically address challenges focusing on technological advancements, geographical expansion, ESG reporting and bullish sustainability targets. For instance, by May 2021, On met its goal to use 100% recycled, FSC-certified cardboard, as well as 100% recycled HDPE in its apparel packaging, the Zurich-based athletic company stated in the Impact Progress Report 2021.

Given the social and political pressure shoe companies grapple with, industry leaders are expected to act proactively to stay ahead of the game. According to Grand View Research, the global footwear market size stood at USD 373.19 billion in 2021 and could depict a 4.3% CAGR between 2022 and 2030.

About Astra – ESG Solutions by Grand View Research

Astra is the Environmental, Social, and Governance (ESG) arm of Grand View Research Inc. – a global market research publishing & management consulting firm.

Astra offers comprehensive ESG thematic assessment & scores across diverse impact & socially responsible investment topics, including both public and private companies along with intuitive dashboards. Our ESG solutions are powered by robust fundamental & alternative information. Astra specializes in consulting services that equip corporates and the investment community with the in-depth ESG research and actionable insight they need to support their bottom lines and their values. We have supported our clients across diverse ESG consulting projects & advisory services, including climate strategies & assessment, ESG benchmarking, stakeholder engagement programs, active ownership, developing ESG investment strategies, ESG data services, build corporate sustainability reports. Astra team includes a pool of industry experts and ESG enthusiasts who possess extensive end-end ESG research and consulting experience at a global level.

For more ESG Thematic reports, please visit Astra ESG Solutions, powered by Grand View Research

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