World Footwear

Companies

COVID-19 pushes luxury industry to its sharpest fall

Nov 23, 2020 / World
Global sales of luxury goods are expected to fall 23% to 217 billion euros this year, the biggest drop in its history and the first since 2009, due to the consequences of the coronavirus pandemic, consultant Bain & Company estimates

Global footwear exports down by 31.1% in the first half of 2020

Premium ContentNov 23, 2020 / World Footwear Reports
In the first semester of 2020, global footwear exports have fallen almost a third (-31.1%) compared with similar period in the previous year, reflecting the impacts of the dissemination of the COVID-19 pandemic across the globe

Foot Locker: third quarter marked by sales growth

Nov 23, 2020 / United States
Third quarter comparable-store sales increased by 7.7% and total sales were up by 9.0% in the same period. Notwithstanding the good performance in the last quarter, year-to-date total sales and comparable-store sales are still down

US: consumer confidence slips in October

Nov 20, 2020 / United States
Consumer confidence dwindled in October, reflecting less optimism about the jobs market and the US economy in the next six months amid another outbreak of COVID-19 cases, according to the Consumer Confidence Survey by Nielsen

Gallery with merged formats in 2021

Nov 20, 2020 / Germany
The Germany-held trade fairs have announced the dates for 2021 and confirmed the merged formats, which were successfully tried in 2020, will continue

Pandemic speeds up consumer preferences towards casual and sports footwear

Premium ContentNov 19, 2020 / Business Conditions Survey
As part of the third edition of the Business Conditions Survey, we have asked our Panel of Exports about the perspectives for the market share of different types of footwear. The COVID-19 pandemic seems to be speeding up existing trends

Most profitable quarter reported by Shoe Carnival

Nov 19, 2020 / United States
Shoe Carnival reported net sales of 274.6 million US dollars for the third quarter. Net income was 14.7 million US dollars, 7% up from similar period in 2019. These resulted in the most profitable quarter in Shoe Carnival’s history

adidas talks about strong recovery despite sales plunge

Nov 19, 2020 / Germany
The Germany-based sportswear giant said the third quarter was marked by a strong recovery of the business. In the period under analysis, revenue decreased by 3% in currency-neutral terms. In euro terms, revenue decreased by 7%

Zouri produces shoes with apple waste

Nov 18, 2020 / Portugal
The brand of sneakers known for using plastic trash collected from the ocean in its productive process is now using apple waste in its products

How consumers value different features of footwear

Premium ContentNov 17, 2020 / Business Conditions Survey
In the third edition of the Business Conditions Survey we have questioned our Panel Members on their views regarding how consumers would react to a number of potentially desirable features of footwear. Find out the answers

The second life of Mariano

Nov 17, 2020 / Portugal
Not even the pandemic was an obstacle for Mariano Shoes. With 75 years of existence, the Portuguese-based footwear company wants to internationalize the brand through the online channel and with a focus on the women's segment

What drives sales of footwear?

Premium ContentNov 16, 2020 / Business Conditions Survey
Purchasing power, price, fashion, sustainability and climate are all driving footwear sales. However, how important are each of these in the moment the consumer chooses a new pair of shoes?

Eurazeo Brands buys Axel Arigato for 56 million euros

Nov 16, 2020 / Sweden
The global investment company is investing 56 million euros in Axel Arigato, a Swedish premium sneaker, ready-to-wear and accessories brand, to become a majority shareholder, alongside brand's founders Max Svärdh and Albin Johansson

Burberry with growth in leather goods category

Nov 16, 2020 / United Kingdom
The UK-based luxury brand has announced a decline of 31% in revenue for the first semester of the current fiscal year. Despite that, Burberry is pleased with the year-on-year growth registered in the leather goods category

H&M Group names Leyla Ertur as new Head of Sustainability

Nov 13, 2020 / Sweden
From the 1st of January 2021 onwards, Leyla will take over from Anna Gedda who has led the company’s sustainability initiatives since 2014 and who will take on a new role as Head of Steering and Strategic Planning at H&M Group
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