Consumption
Sales of clothing and footwear down by almost 30% in Mexico
Data is from Servytur's Center for Economic and Trade Studies (CEECS) and highlights a massive hit of the pandemic in the clothing and footwear sales in Mexico. El Heraldo reports
Australia: Retail sales up by 1.4% in October
According to the latest Australian Bureau of Statistics (ABS) Retail Trade figures retail turnover rose by 1.4% in October 2020. Clothing retailing increased by 10.8% in the period, while footwear and other personal accessory fell by 1%
2020: UK consumer spending to fall by nearly 200 billion British pounds
Total UK consumer spending is expected to fall by 183.6 billion British pounds (14.9%) this year due to the COVID-19 according to new research from Mintel's British Lifestyles report. This equates to a drop in spending of around 6 600 British pounds per household
US: consumer confidence slips in October
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
The world’s most expensive cities
Paris and Zurich re-join Hong Kong at the top of the latest ranking of the world's most expensive cities, according to the latest information by The Economist
What drives sales of footwear?
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?
Impact of the pandemic on footwear consumption
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
China’s Singles Day: Nike reaches record sales in just 60 seconds
Within one minute of Alibaba’s Tmall opening for the first phase of China’s Singles’ Day shopping festival Nike’s turnover surpassed the 100 million renminbi (roughly 12.8 million euros or 15.1 million USD) mark
Europeans have around 773 euros less in 2020 due to COVID-19
The Germany-based market research company GfK has announced the results of the newly released study “GfK Purchasing Power Europe 2020”. This year, the study also includes the Corona Impact Index, which illustrates the impact of COVID-19 on European countries
UK: Calls on customers to start Christmas shopping earlier
The British Retail Consortium (BRC) launched a new national advertising campaign calling on the public to start their Christmas shopping earlier to help spread demand during what is traditionally the busiest shopping time of the year
Obuv Rossii: revenue with maximum monthly level
In August, revenue of Obuv Rossii increased by 1.5 times compared to July and exceeded 1 billion Russian Rubles, achieving the maximum monthly level in 2020
Cyprus: consumers spending is more careful
According to the Cyprus Consumers’ Association the Cypriots appear to be choosing their purchases more carefully as the COVID-19 impacted our lives
Luís Onofre: We will need to do more
Onofre has been re-elected as APICCAPS’ President in what he considers to be one of the “most difficult periods for the Portuguese footwear industry”. This was the starting point of an interview for APICCAPS’ Newspaper, which we bring you here today
Footwear production increased by 21.2% over the last decade
Worldwide footwear production has increased by 21.2% since 2010 at an average yearly growth rate of 2.2%. This is one of the main conclusions of the World Footwear 2020 Yearbook launched by APICCAPS
Hungary: retail sales increased by 0.4%
According to information release by the Hungarian Central Statistical Office, in July 2020, the volume of sales in retail shops grew by 0.4% compared to the same period last year-
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