World Footwear

Management

Cost of merchandise and raw materials is the main concern of the footwear business

Premium ContentFeb 3, 2022 / Business Conditions Survey
The COVID-19 pandemic created pressure on the global supply chains, which has resulted in shortages of materials and increased transport prices. The cost of merchandise and raw materials is now the main concern of the footwear industry

Price of footwear is the most important driver in the buying decision

Premium ContentJan 31, 2022 / Business Conditions Survey
A combination of factors will determine the consumer’s decision to choose a pair of shoes. With a view to find out what are the most relevant drivers in that process, we have asked our experts to choose the most relevant factors. Price is at the top of the list

Sneakers and sports related footwear to continue on the rise

Premium ContentJan 27, 2022 / Business Conditions Survey
It doesn’t come as a surprise, but the conclusions from enquiring our Panel of Experts of the World Footwear Business Conditions Survey point to a continuation of the trend around sneakers and sports related footwear. Read more about it today

Digital, digital and more digital

Premium ContentJan 14, 2022 / Business Conditions Survey
Digital channels are increasingly important and during the onset of the COVID-19 pandemic, many retail businesses had to quickly adjust from in-store to digital sales. More then ever, the focus seems to be on the digital

Traders and manufacturers with positive prospects about footwear sales

Premium ContentJan 7, 2022 / Business Conditions Survey
Since the first edition of the World Footwear Business Conditions Survey conducted in the second semester of 2019, this is the most positive result obtained: traders and manufacturers are extremely optimistic about footwear sales

Average footwear export price to grow 20% by 2025

Premium ContentJan 3, 2022 / Business Conditions Survey
The average export price of footwear has increased by more than 30% in the last decade. As new pressure points are felt in the footwear market, our experts believe that by 2025 the average footwear export price could be above 12 US dollars

Footwear consumption with moderate growth in 2022

Premium ContentDec 27, 2021 / Business Conditions Survey
We asked our panel about their expectations regarding the evolution of footwear consumption in 2022, both in their home countries and globally. Expectations are cautious, despite the growth forecast, as a moderate rise is anticipated

Prices of footwear to continue to increase

Premium ContentDec 3, 2021 / Business Conditions Survey
There is a rising expectation about the evolution of footwear prices in the coming months. Our experts anticipate prices to continue to rise, as a result of several pressure points impacting the business. Get access to the latest Business Conditions report and find out more today

Larger footwear companies are more optimistic about employment

Premium ContentNov 26, 2021 / Business Conditions Survey
Although COVID-19 is still one of the topics of the moment, most of the experts of the World Footwear Business Conditions Survey believe the coming months will be positive with favourable expectations about the levels of employment in the business

Strong health of the footwear business is expected in the coming months

Premium ContentNov 25, 2021 / Business Conditions Survey
Although COVID-19 is still dominating most of our conversations and making headlines in the news, most of our panel experts believe that businesses will have a positive evolution. Read about this in our most recent bulletin of World Footwear Business Conditions Survey

Footwear industry is now more optimistic about the future

Nov 24, 2021 / 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 October. Today we bring you a summary of some of the main conclusions

Versace appoints Cedric Wilmotte as Interim CEO

Nov 18, 2021 / United States
The global fashion luxury group announced the appointment of Cedric Wilmotte as Interim Chief Executive Officer of Versace. This will be effective from the 17th of January onwards

Clarks CEO leaves after less than a year in the role

Nov 15, 2021 / United Kingdom
Víctor Herrero will now join Australian jewellery group Lovisa. The Melbourne-based group announced the appointment, saying Mr. Herrero would come on board as soon as COVID19 restrictions allowed

Under Armour appoints Massimo Baratto Chief Consumer Officer

Oct 22, 2021 / United States
The Baltimore-based company has announced the appointment of Massimo Baratto to the position of Executive Vice President, Chief Consumer Officer

Jonathan Akeroyd to leave Versace

Oct 20, 2021 / United Kingdom
Global fashion luxury group Capri announced that Jonathan Akeroyd will be stepping down as Chief Executive Officer of Versace to pursue another opportunity, enabling him to return to the United Kingdom and be closer to his family
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