Highlights
UK Retail: Footwear market faces broad-based weakness
Although clothing sales remained resilient and online fashion retail continued to grow in the first half of the year, the footwear sector faced a more challenging environment characterised by ongoing price deflation, weak retail sales, and subdued household spending. A sharp contraction in footwear imports also suggests greater caution among retailers and distributors, suggesting that pressure has extended beyond consumer demand to inventory and replenishment decisions
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Brazil posts first trade deficit in footwear since 1997
Continued rising imports and declining exports have pushed the Brazilian footwear industry into its first trade deficit in July since records began in 1997
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Puma posts soft second-quarter results
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Crocs raises full-year outlook
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Amazon reports 20% net sales growth in the second quarter
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