World Footwear

Footwear

UNIC issues warning over raw materials price increases

Apr 7, 2021 / Italy
According to publication ILM, the Italian Tanners Association (UNIC) is concerned over the potential increases in the prices of materials for the industry

Future of the footwear industry is uncertain, but the general outlook is positive

Premium ContentApr 6, 2021 / Business Conditions Survey
The World Footwear' experts panel, gathering specialists from all over the world, is foreseeing a slight recover for the footwear industry in 2021. Access the latest report and get free access to some of the main highlights of the last Business Conditions Survey

H&M falls to loss

Apr 6, 2021 / Sweden
The Swedish-based fashion retailer Hennes & Mauritz (H&M) reported a 21% drop in sales and now fell to a loss in the three months to the end of February. The latest restrictions to contain the spread of COVID-19 led to more than a third of H&M stores closed worldwide

Footwear consumption to increase this year, but pre-pandemic levels should not be reached before 2023

Premium ContentApr 5, 2021 / Business Conditions Survey
The World Footwear' experts panel, gathering specialists from all over the world, is foreseeing a slight recover in footwear consumption during 2021 (+2.8%). Pre-pandemic levels shouldn't be reached before 2023

Wolverine: 50% increase in ecommerce revenue

Apr 3, 2021 / United States
The US-headquartered footwear manufacturer has reported 50% growth of direct-to-consumer e-commerce revenue in the 2020 financial year

New Generation: meet António Silva

Apr 2, 2021 / Portugal
António Silva has trained to be a doctor, but management has always been a passion, which is why he attended an executive course in this area. He is the founder of the footwear brand Cantaloupe

Professional training in the fashion industry under discussion in Europe

Apr 2, 2021 / CEC
The European Footwear Confederation (CEC) participated in a High-level Roundtable with European Commissioners Nicolas Schmit and Thierry Breton. Other Textile, Clothing and Leather stakeholders joined to discuss the industries’ perspective and best skills strategy to recover from the COVID-19 crisis and increase growth

Nike to stop selling to six wholesale players

Apr 2, 2021 / United States
In a note, Williams Trading’s Analyst, Sam Poser, stated that proprietary checks confirm that Nike will close six wholesale accounts: DSW, Urban Outfitters, Shoe Show, Dunham’s Sports, Olympia Sports, and Big Five

US: stimulus checks fuel spending in athletic footwear and apparel

Apr 1, 2021 / United States
Data from the Bank of America Global Research reveals that Americans are buying more sneakers and apparel, as the stimulus checks reach the bank accounts of many Americans

Virus-proof soles

Apr 1, 2021 / Portugal
A group of Portuguese researchers are working on a project involving the Universities of Aveiro, Porto and Minho. The goal is to create a virus-proof shoe sole, which helps fighting the coronavirus, among others virus

Italy's fashion industry asks authorities for clear decisions

Apr 1, 2021 / Italy
A statement was issued by some of the most important fashion entities of the country. They argue that trade fairs are an essential asset for SME’s and industry in Italy, and starting them up again would be an important trigger for recovery of the national economy

Ireland with retail sales recovery in February

Mar 31, 2021 / Ireland
Volume of retail sales with positive growth in 10 business groups. The Central Statistics Office confirms the volume of retail sales increased by 13.9% in February

South Africa: impact of COVID-19 on the footwear industry

Mar 31, 2021 / South Africa
Jirka Vymetal, the Executive Director of SAFLIA - Southern African Footwear and Leather Industries Association, spoke with local magazine S&V about the state of the footwear industry in the country

Weyco: net sales down by 35.7% in 2020

Mar 31, 2021 / United States
The Milwaukee-based footwear group has announced financial results for the quarter and year ended on the 31st of December 2020. Net sales were down by 28.7% in the last quarter of the year. Accumulated loss for the year reached 35.7%

Pakistan footwear exports: increase in volume, decline in value

Mar 30, 2021 / Pakistan
During the first eight months of the current fiscal year, Pakistan exported 11.56 million pairs of footwear, resulting in exports revenue of 88.01 million US dollars. This translates in an increase of 11.67% in volume and a decline of 6.18% in value
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