World Footwear

Retail

Amazon Fashion launches Virtual Try-On For Shoes

Jun 15, 2022 / United States
The interactive mobile experience uses augmented reality to help the customer visualize how a pair of shoes looks from every angle and make better informed purchasing decisions

Europe: fashion brands don't share geographical location with manufacturing

Premium ContentJun 14, 2022 / Europe
When looking into the location of the main brands and manufacturing businesses of the European TCLF industry (Textile, Clothing, Leather and Footwear), one easily concludes about the existence of a dichotomy between brands and production

Farfetch to accept cryptocurrency payments

Jun 14, 2022 / United Kingdom
The luxury e-tailer will enable cryptocurrency payments for private clients on its marketplace in the coming months and then expand to all customers in the US, the UK, and Europe from late 2022

Armando Cabral opens immersive retail space in the US

Jun 13, 2022 / Portugal
The Portuguese model and businessman expanded his brand with an Afro-Centric immersive retail experience in the Rockefeller Centre named ARMANDO CABRAL Mercado

Allbirds expands distribution to Nordstrom

Jun 10, 2022 / United States
Nordstrom customers can now shop men's and women's Allbirds styles at 14 select stores.Later this year, Allbirds will expand their selection, which will be available to shop on Nordstrom.com, at Center Stage in New York City and in more Nordstrom stores

Australia: retail sales increase in April

Jun 9, 2022 / Australia
The Australian retail turnover rose by 0.9% in April 2022, reaching another record level, according to the figures of Retail Trade published by the Australian Bureau of Statistics (ABS)

Chief Executive of Amazon’s consumer business is leaving

Jun 8, 2022 / United States
Dave Clark, who has overseen the company’s extensive warehouse operations, announced he would depart Amazon after 23 years. It’s time for me to build again, he wrote on Twitter

Pou Chen posts net profit decline

Jun 6, 2022 / Taiwan
The Taiwanese manufacturer of branded sports footwear reported a drop of 26.1% in net profit in the first quarter of 2022 due to fewer investment gains from its Nan Shan Life Insurance unit

Dick's Sporting Goods posts sales decline

Jun 1, 2022 / United States
The sporting goods retailer posted a comparable store sales drop of 8.4% in the first quarter of fiscal 2022 over the same period last year, but remains optimistic about its long-term strategy

Foot Locker reports solid performance

May 24, 2022 / United States
The retailer posted a slim increase in sales in the first quarter of fiscal 2022 over the same period last year, but still ahead of estimates. Revenue for the quarter totalled 2.17 billion US dollars

Shoe Carnival surpasses pre-pandemic levels

May 19, 2022 / United States
The US-based retailer of footwear and accessories announced that in the first quarter of fiscal 2022 sales grew by 25.1% and EPS by 100 percentage points over the same period of 2019

Footwear prices expected to increase by 8.4%

Premium ContentMay 17, 2022 / Business Conditions Survey
According to the members of the World Footwear Business Conditions Survey prices of footwear are expected to increase over the next six months. Read all about this and all the conclusions of the survey conducted last month

Foot Locker and adidas sign enhanced partnership

May 12, 2022 / United States
Built around product innovation, elevated experiences and deeper consumer connectivity, the partnership establishes Foot Locker as the lead partner for adidas in the basketball category

General outlook for the footwear industry is optimistic

Premium ContentMay 9, 2022 / Business Conditions Survey
This is the main outcome of the most recent edition of the World Footwear Business Conditions Survey, conducted during the month of April. Today we bring you a summary of some of the main conclusions

US: nearly half of consumers to spend less in footwear

May 6, 2022 / United States
A national survey made amongst US shoppers found that almost half (48%) of footwear consumers is planning to spend less on footwear this spring than last year
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