World Footwear

Retail

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

Ferragamo announces preliminary results for full year 2021

Feb 3, 2022 / Italy
The Italian-based luxury group has reported revenue growth of 29.6%, reaching 1.14 billion euros, as compared to 2020. Footwear and leather goods sales represented the main share

H&M sales bounce back to pre-pandemic levels

Feb 1, 2022 / Sweden
The Sweden-based fashion group has announced that net sales for the financial year of 2021 amounted to 18.9 million euros, backed by a strong fourth quarter performance

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

Kurt Geiger to open 13 to 15 stores in the UK

Jan 26, 2022 / United Kingdom
The Chief Executive of Kurt Geiger, Neil Clifford, has told the daily The Times that the British retailer is planning to open a new shop every month of the current year

Prada confirms robust growth in 2021

Jan 21, 2022 / Italy
In a preliminary update, the luxury group has announced that sales bounced back above pre-pandemic levels. Revenue for the full year of 2021 reached 3.36 billion euros

Stella posts growth over 2021

Jan 19, 2022 / Hong Kong
The Hong Kong-based footwear manufacturer and retailer has reported that its unaudited consolidated revenue for 2021 increased by 35.6% over 2020, reaching 1.54 billion US dollars

Pou Sheng strengths partnership with Nike in China

Jan 18, 2022 / China
Yue Yuen’s retail subsidiary Pou Sheng International has boosted its cooperation with Nike to offer a more convenient and personalized omnichannel retail experience

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

Shoe Carnival offers same-day delivery service

Dec 21, 2021 / United States
The footwear retailer has partnered up with the technology company DoorDash to provide a same-day delivery service for US customers residing within 12-miles of the nearest store location

ABG teams up with JD Group to expand Reebok

Dec 21, 2021 / United States
The company has announced a partnership with JD Sports, which will sell the sportswear brand’s products in 2 850 stores and e-commerce platforms across North America and Europe
Page 25 of 73