Highlights
Germany Retail: war and inflation raise concerns for retail
Despite the lifting of COVID-19 restrictions in February, the declining trend of the TCF (Textile, Clothing, and Footwear) Retail Sales Index is clear and is aligned with the plunge in consumer confidence. The war in Ukraine and the high inflation are playing a major role in the severe blow inflicted on both consumers’ and retailers’ confidence. Meanwhile, footwear consumer prices have slightly increased in March, and it is foreseeable that companies continue passing on higher costs to consumers in the near future
Premium ContentFounder of Rockport & Samuel Hubbard Shoe dies
Bruce R. Katz, the founder of both the Rockport Shoe and Samuel Hubbard companies, passed away on the 26th of June, at 75, after suffering injuries from a fall at his home in California
H&M with sales growth
The Sweden-based fashion group reported sales growth of 17% in the second quarter of fiscal 2022, hi... [ more ]
ASSOMAC and UITIC join to organise 2023 Congress
The partnership between the National Association of Italian Manufacturers of Footwear, Leathergoods ... [ more ]