Consumption
Consumer spending continues to fall in the UK
In July consumer spending fell by -0.8% on an annual basis, following declines in May and June. Transport & Communication (-6.1%) and Clothing & Footwear (-5.2%) saw the most marked reductions in spend
Domestic consumption in Argentina continues to fall
According to the local entities domestic sales of leather footwear in the country has fallen by an estimated 30% since the beginning of 2017 compared with similar period last year
Why healthy footwear is important for consumers
Having comfortable shoes is important, especially for consumers who are aware of the long-term issues of having poorly designed shoes. Can footwear companies adapt to consumers healthy preferences?
Brands producing ethical footwear
In the competitive industry of footwear, brands like Indosole and Ethletlic standout in the market for being ethical producers
Challenges and opportunities for footwear producers
The rapid pace of urbanization and the constantly-changing consumer preferences are affecting footwear markets. Companies in this sector should be prepared to face these challenges
2 High-tech innovations that will change the footwear industry
3D printing and Virtual reality are innovative technologies that companies are using to change the way consumers experience footwear
Fast paced growing imports threatening the Argentinian industry
The growth of 62% in footwear imports so far this year combined with the fall in domestic consumption and the rise in production costs had a strong impact on the sector
Footwear retail trade largely dissatisfied
The BDSE confirmed that according to a recent survey with owner-run shoe retailers in Germany, 75% of shoe stores were unable to reach their previous year’s figures
Athletic footwear sales lost momentum in the US
According to the NPD Group, US athletic footwear results in the fourth quarter contracted following a soft third quarter. This reflects a shift in the second half of the year that contradicts the dynamics of the beginning of 2016
Venezuela orders stores to get into the Christmas spirit
One of the world's highest inflation rate has led to a low level of disposable income for Venezuelans, in an economy struggling with chronic shortages of goods
Cyber Monday sets new online sales record
The Monday after Thanksgiving hit a new online record for the US with an estimated 3.45 billion US dollars spent via ecommerce, a 12.1% increase over a year ago
Our industry will continue to suffer in the coming years
The words are from Claude Paquin, Presidente of the FFC, elected earlier in the year and succeeding Jean-Pierre Renaudin, who presided over the professional organization over an 8 years' period
36% of customers planning to increase shoes spending over the holidays
The FDRA, the association representing the Footwear Distributors and Retailers of America, conducted a nation-wide shoe sales survey aiming to analyse the online purchases in this holiday season
Flat revenues at Michael Kors
Strong results registered by the brand in revenue in North America allied to a consolidation of the global presence. A decline in the tourism flows and in traffic malls has offset the good results
UK retail sales fall at fastest pace in 4 years
According to the latest monthly Distributive Trades Survey from the Confederation of British Industry (CBI) retail sales in July had the sharpest decrease in more than 4 years-
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