World Footwear

Footwear

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

Impact of the pandemic on footwear consumption

Premium ContentNov 13, 2020 / Business Conditions Survey
The consequences of the COVID-19 epidemic were inevitably the special topic of this edition of the World Footwear Business Condition Survey. Today we bring you more details about our Expert's views

Vietnam’s rise in footwear trade

Premium ContentNov 12, 2020 / Vietnam
The World Footwear’s Panel of Experts is forecasting Vietnam’s share of footwear exports to reach 11.5% in 2025. Last year Vietnam exported roughly 1.4 billion pairs of shoes

Footwear prices: manufacturers more pessimistic than traders

Premium ContentNov 11, 2020 / Business Conditions Survey
This is one of the main findings of the third edition of the Business Conditions Survey held last month. Complete report now available to download free of charge

CCC launches ship-from-store to customer door within 60 minutes

Nov 11, 2020 / Poland
Customer needs and the threat of renewed brick-and-mortar retail closures in Poland have led the CCC Group to started testing a new service where a product ordered online would be delivered to the customer’s doorstep within 60 minutes

Ferragamo: sales down by 18.9% in the third quarter

Nov 11, 2020 / Italy
The Italy-based luxury group announced third quarter results with sales down by 18.9%. The accumulated decline in 2020 reached 38.5%. The Asia Pacific area is confirmed as the group's top market, reaching over 42% of total revenue

VF to buy Supreme

Nov 10, 2020 / United States
The branded lifestyle apparel, footwear and accessories group VF announced a definitive merger agreement has been achieved to acquire Supreme, a privately-owned global streetwear brand from current investors, The Carlyle Group and Goode Partners

COVID-19 to lead to a 22.2% decline in footwear consumption in 2020

Premium ContentNov 9, 2020 / Business Conditions Survey
The World Footwear' experts panel, gathering specialists from all over the world, is foreseeing a drop in global footwear consumption of 22.2% in the current year, a figure in line with the previous edition forecast (22.5%)

Imports of footwear with a dark picture in the first semester

Premium ContentNov 9, 2020 / Business Conditions Survey
The most recent statistics for footwear trade in 2020 show a very dark, albeit expected, picture. In the first semester of the year, footwear imports fell in almost every country

Capri reports revenue and earnings above expectations

Nov 9, 2020 / United Kingdom
The global fashion luxury group announced its financial results for the second quarter of fiscal 2021. John D. Idol, the Company’s Chairman and Chief Executive Officer, said revenue and earnings surpass the company's expectations

Alibaba and Richemont invest in Farfetch

Nov 6, 2020 / China
Hangzhou-based e-commerce business Alibaba and Swiss-based luxury goods conglomerate Richemont SA will invest 1.1 billion US dollars (0.93 billion euros) in online luxury fashion retailer Farfetch and its new Chinese market operations

Lemon Jelly: Closing the Loop

Nov 5, 2020 / Portugal
The Portuguese-based brand has a new project based on the idea that nothing is destroyed, and everything is transformed. It is called: Closing the Loop. The brand has recently won the Best Carbon Footprint Initiative award at the Sustainable Fashion Awards 2020
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