World Footwear

Consumption

Trends in athletic footwear

Premium ContentJun 16, 2020 / World Footwear Reports
Many countries are still under some sort of restrictions that includes the practice of most collective sports and the use of indoor gyms. What is the expected impact in athletic footwear sales?

Retail Re-opening: let's talk about Inventory?

Premium ContentJun 15, 2020 / Coronavirus - Covid19
Inventory is a sensitive topic to every business. There is an equilibrium between overstocking, which requires space and investment, and underestimating sales, which directly leads to losses. Nowadays, an effective management of inventory becomes crucial

Germany: VAT cut to stimulate consumption

Jun 10, 2020 / Germany
The value-added tax (VAT) rate on non-food products is being reduced from 19% to 16%, starting from the 1st of July. The measure should be in place for the rest of the year and aims to give a boost to consumption and the economy

Trends of the industry as retail re-opens: Comfort at home

Premium ContentJun 9, 2020 / Coronavirus - Covid19
The World Footwear brings you a new Guidebook with Business Tips and Health and Safety Recommendations for Brand Managers and Retailers. Today we will talk about Comfort at Home

Zalando is expecting 2020 revenue to be up by 10%-20%

Jun 2, 2020 / Germany
The online platform issued a new full-year guidance considering the impact of the Covid-19 pandemic and says it expects gross merchandise volume (GMV) and revenues to grow by 10%-20%

Burberry: sales decline by 27% in the last quarter

May 28, 2020 / United Kingdom
The British-based luxury fashion house was heavily impacted by the COVID-19 pandemic, with 60% of stores closed by the end of March. In the fourth quarter sales declined by 27%

Footwear not profiting from 10 year high in UK online retail sales

May 26, 2020 / United Kingdom
According to IMRG Capgemini online retail sales in the UK grew by 23.8% Year-on-Year in April. Footwear and clothing experienced two-digit declines, as consumers shift their shopping patterns in a hot month

Visa: digital acceleration in Covid-19 era

May 26, 2020 / World
According to Visa's Chief Product Officer 13 million people in Latin America made their first-ever online purchase in March quarter. An increase in digital commerce spending was registered in the US

FICE defends alternative measures to the prohibition of sales

May 18, 2020 / Spain
The Federation of Spanish Footwear Industries (FICE) requested for the consideration of alternative and equally efficient measures to the prohibition of discounts in brick and mortar locations

Covid-19: situation worsens in Chile

May 13, 2020 / Chile
The country seems to be entering in a critical stage of the diffusion of the disease. With many restrictions applied to the economy, footwear is being hit hard

US: athletic footwear hit hard by Covid-19

May 8, 2020 / United States
In its analysis of the first quarter of the year NPD confirm the expectations: Covid-19 has had significant impact across US athletic footwear and activewear businesses

Germany: postponing season timings for footwear and leather goods

May 7, 2020 / Germany
The HDS/L and buying groups SABU and ANWR issued a joint declaration recommending postponing the season timings in footwear and leather goods sector to help minimise the impact of Covid-19 closures

Re-opening the economies after Covid-19

May 5, 2020 / Coronavirus - Covid19
As many countries start to alleviate the restrictive measures of the last weeks and re-open their economic activities, several concerns fill everyone's thoughts, as we all witness changes in retail, manufacturing, and consumption

Footwear consumption to decline 22.5% in 2020 as supply chain gets re-organised

Premium ContentMay 4, 2020 / Business Conditions Survey
The World Footwear' experts panel is foreseeing a drop in global footwear consumption of 22.5% in the current year. Read the main conclusions on the impacts of Covid-19 in the footwear industry
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