World Footwear

Highlights

Yearbook 2024

Germany Retail: hope rests on the ability of retailers to weather gloomy circumstances

Apr 28, 2025 Germany

In a landscape where e-commerce is in a league of its own, footwear retailers continue to struggle to regain sales growth, even against the backdrop of overall retail performance. And low inflation in the sector is actually indicative of low demand, not consumer confidence. Indeed, the data shows that consumers remain far more pessimistic than retailers, and a renewed rise in the propensity to save is clouding the overall picture. Given the volatile global trading environment, hope rests on the ability of retailers to weather these gloomy conditions

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Hermès continues to expand its production capacity

Apr 28, 2025 France

With the opening of a new leather workshop in Normandy, which will ultimately create 260 new jobs for craftsmen, the French luxury group is reaffirming its commitment to expanding its production capacity