World Footwear

Highlights

2020: a dark year for the footwear industry but better than the worst forecasts

In 2020 footwear production and exports fell by 15.8% and 19% respectively. Data are taken from the World Footwear 2021 Yearbook just released by APICCAPS, the Portuguese Footwear Association. Previous forecasts were gloomier, and the World Footwear Experts Panel had pointed to a drop in global footwear consumption in 2020 of more than 20%. Final numbers for 2020 in the developed countries of Europe and North America are in line with such expectations. However, Asia and less developed countries outperformed expectations thus supporting a lower plunge in the global footwear industry

Growth in production accumulated over a decade wiped away in 2020

Growth in production accumulated over a decade wiped away in 2020

Footwear production was down by 15.8% in 2020. Data is taken from the World Footwear 2021 Yearbook just released by APICCAPS, the Portuguese Footwear Association

COVID-19 outbreak in Vietnam threats footwear exports

Aug 3, 2021 Vietnam

Strict lockdown measures to suppress Vietnam’s outbreak of COVID-19 threatens to lead to a decline i... [ more ]

Foot Locker accelerates Asia-Pacific expansion with acquisition of atmos

Aug 2, 2021 Asia Pacific

The retailer has entered into a definitive agreement to acquire Text Trading Company, K.K., which ow... [ more ]

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