World Footwear

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 Content

Founder of Rockport & Samuel Hubbard Shoe dies

Jul 1, 2022 United States

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

Jul 1, 2022 Sweden

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

Jun 30, 2022 Italy

The partnership between the National Association of Italian Manufacturers of Footwear, Leathergoods ... [ more ]