Footwear
Influencer Marketing seen as a Successful Tool for Footwear
In this edition of the World Footwear Business Conditions survey, we asked our experts about their opinions on the effectiveness of influencer marketing. The results shed light on the apparent noteworthy impact of influencer marketing in the footwear industry
No impact on Vamos and Groundies from parent’s company partial insolvency
The sneaker brand Vamos and the barefoot shoe brand Groundies were not affected by the insolvency of Weltbild GmbH & Co. KG, a subsidiary of the German WB D2C Group
Shoe Zone cuts full year guidance
The British footwear retailer has lowered its full year guidance due to continued cost pressures related to container prices and weaker-than-expected sales of its spring-summer collection
Argentina: clothing and footwear consumption falls by 27%
The clothing and footwear sectors recorded a 27% year-on-year decline in the first five months of the year, according to the Argentine Chamber of Commerce and Services
Foot Locker relaunches FLX Rewards programme
As part of its Lace Up Plan, the US-based sportswear retailer has launched an enhanced FLX Rewards programme to transform the shopping experience for customers. A revamped mobile app will also follow
Optimistic expectations for footwear retail prices
76% of the respondents of the last edition of the World Footwear Business Conditions Survey expect footwear retail prices to increase over the next six months. The 10th edition of the World Footwear Business Conditions Survey results are now available
UK Retail: are the winds starting to blow in retailers’ favour?
Despite a slight upturn in sales of Textile, Clothing and Footwear in March, a number of factors, including an early Easter, poor weather and the high cost of living, soon led to a visible lack of demand. This will most likely lead to a decline in the number of footwear imports, breaking the growth trend seen in the first quarter of the year. On the bright side, inflation is at its lowest since November 2021 and the economy seems to be picking up, so there is room for some improvement in consumer sentiment. With the UK on the brink of a General Election and a series of sporting events promising to bring people onto the streets, are the winds starting to blow in retailers’ favour?
Nike announces fourth quarter and full year results
The US-based sportswear giant has announced modest results for the fourth quarter and the full year, as it seeks to position itself for profitable growth in the long term
A negative start to the year 2024 for Italian footwear
In the first quarter of the year, the Italian footwear industry recorded “significant setbacks in all economic indicators”, including exports and turnover. More than 80% of entrepreneurs do not expect an improvement before 2025
Positive perspectives about the health of footwear business
Almost 60% of the respondents of the last edition of the World Footwear Business Conditions Survey seem confident regarding the health of their businesses. The 10th edition of the World Footwear Business Conditions Survey results are now available
Bella Hadid wears Portuguese shoes at Cannes
Bella Hadid shined in Cannes with Portuguese footwear. The international model stepped out in public wearing a pair of sandals by the brand Alameda Turquesa
Germany Retail: positive signs on the horizon, but it’s not yet time to pop the champagne
Good news keep coming, but no one is out of the woods yet. Footwear retail sales outperformed overall retail sales in January and February, although they remain lower than the same period last year. Consumer sentiment remains negative but is improving, driven by lower inflation rates and wage growth, and retailer sentiment, although more negative, is following the trend. With recent news of a better economic outlook for the year and a rise in the value of imports at the start of the year, there is a chance that consumers will pull retailers up. Let’s see how the coming months unfold
Clarks to cut a further 150 jobs
The British footwear specialist is reportedly set to slash 150 office jobs, as losses widened last year. The latest job cuts come after the company made 103 roles redundant in 2023
More than 9 000 visitors at the last edition of Expo Riva Schuh
The 101st edition of Expo Riva Schuh & Gardabags, held in Riva del Garda from the 15th and the 18th of June, attracted more than 9 000 visitors from 100 countries around the world
Bangladesh leather exports on the decline
It seems that the year 2023-2024 won’t be a positive one for Bangladesh’s leather exports. With one month left to the end of the year, total leather exports have declined by 14.17% year-over-year-
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
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