Sales
Spain Retail: depressed retail and online sales gaining share
The TCF retail Sales Index in Spain is showing some resistance to getting back to the pre-pandemic levels, even if some recovery took place over the second half of 2020. One positive sign seems to come from internet retail, which is gaining share since September 2020. The concern raises as this is being done at the expenses of physical retail. If one needs hope and goods news, those might come from some relative optimism from the consumer side, which might be followed by the retailers. The next few months will be key to see if they persist
Skechers announces record first quarter
The US-based footwear brand posted net profit of 98.6 million US dollars in the first quarter of 2021, an increase of 100.8% compared to the 49.1 million dollars in similar period in the previous year. Record sales registered in the first quarter contributed to this result
Retail in Europe takes a big hit in 2020
In a year marked by a global pandemic, words like lockdowns, quarantines, waves of COVID-19, closed retail and restrictions became way too familiar to all of us. Retail was one of the industries with major impacts. Today we look at the numbers for European countries
JD Sports Fashion with robust results
The UK-based retail group reported a set of good results for the fiscal year ended on the 30th of January 2021, despite the impact of the pandemic and Brexit
Two digits monthly increase for Yue Yuen' sales
The Chinese footwear giant has announced two digits increase in sales registered in the month of March 2021. The first quarter of the new fiscal year also marked by recovery
New business update from 361 Degrees
The Board of the Hong Kong based footwear company has provided an operational update for its business segments in regards to the group's business for the first quarter of 2021
UK Retail: Christmas upsurge turns into big new dip at the beginning of 2021
As a new wave of COVID-19 struck the UK and a new confinement hit the country after the New Year, retail sales of footwear slowed down again. One interesting fact comes from the indicator of consumer confidence, which is now increasing for two succeeding months. If vaccination in the UK succeeds, footwear sales decline might not persist. The question is what the impact will be for brick and mortar, as this virus seems to have been fatal for many high street players
Digital, Digital and more Digital
In the fourth edition of our Business Conditions survey, we questioned our panel members on which business-to-business marketing tools will be more important for footwear businesses in the post-pandemic world. Digital, digital and digital are the top answers
Digital increasingly important at the expenses of traditional retail
Since the first edition of the WF Business Conditions Survey, we have been asking our panel of expert about their expectations regarding the evolution of different retail channels over the next three years: digital continues to be increasingly important
Sneakers and sports-related footwear expected to gain market share
Specialists from all over the world, gathered in our World Footwear' experts panel, believe sneakers and other sports related footwear, as well as other footwear with textile uppers, will continue to gain market share in the near future
Kering reorganizes its logistics process
The group's new global logistics hub is located in Trecate (Novara, Piemonte), Northern Italy. The first part of the building has been operating since March 2020. The rest should be operational by the end of the second quarter 2021
Insufficient demand is the main difficulty faced by the footwear industry
We have asked the World Footwear' experts panel, gathering specialists from all over the world, about the main difficulties currently faced by the footwear companies all over the world. Insufficient demand was choosen by half of the respondents
Asia more optimistic about quantity of footwear sold
In our most recent edition of the World Footwear Business Conditions Survey we have asked our panel of experts about their forecast regarding the evolution of quantities of footwear sold. Find out about their answers today
Future of the footwear industry is uncertain, but the general outlook is positive
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
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-
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