calculates S/Q ratings for each company in each market where its shoes are available for sale. Companies thus have as many as 8 S/Q quality ratings - one each for branded and private-label shoes offered for sale in North America, Europe-Africa, Asia-Pacific, and Latin America, A company's S/Q rating in each market segment is weighted average of the S/Q ratings at the plants from which the pairs were shipped, adjusted up or down for the S/Q ratings of unsold pairs in inventory. The IFF's S/Q rating formula calls for a 1-star reduction in the S/Q rating on all unsold branded pairs carried over inventory to the following year since they represent last year's styles