Quarterly UK Footwear Forecast Webinar – Q4 2022

We are pleased to welcome the return of this dynamic duo: the BFA’s resident Economist, Gary Raines, and Wayne Gibson, Managing Director of RIF Worldwide and this quarter, they are joined by Shyam Patel, Account Manager at Monex Europe to present a webinar for BFA members on Tuesday 20th December 2022 at 3pm.

Wayne will present an update, and information on the following:

  • Freight market
  • Customs CDS transition news
  • Shipping rates – where are we now and what we can expect in the next 6 months.

In reviewing & forecasting the UK footwear market, Gary will likely discuss the market outlook consisting of a recap and outlook of trends that funnel down from macro trends to UK consumer demand for footwear, to foreign trade trends.

Shyam will be covering key fundamental drivers of FX markets over the last quarters and providing a forecast of GBPEUR and GBPUSD for 2023 and what to watch out for.

After the presentation, there will be an open Q&A session. You will have the opportunity to ask any questions you may have to Gary, Wayne and Shyam.


Gary Raines is the Chief Economist and co-Founder of Red Sky Economics. He forecasts and manages all of the Red Sky Economics consulting projects and has over a quarter-century of experience in risk management, supply chain analysis, forecasting and economic modelling.

Gary brings a wealth of experience to all his clients. He has an undergraduate degree in Economics, a minor in statistics and two Master’s degrees in economics and Textile & Apparel Technology Management, so is well placed to advise our members at the BFA.


Wayne is the Managing Director at RIF Worldwide Plc. He started his career as an Import Clerk and has held a variety of different roles within the business which has enabled him to gain vast experience in all aspects of the business from the ground up.

Wayne is a highly driven & focused individual who has over 20 years’ experience within international freight forwarding. He is always forward-thinking and has sound decision-making skills.

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