World Footwear

Shoes

Japan Retail: retail recovery didn't take place and confidence might be endangered if prices go up

Premium ContentDec 9, 2021 / World Footwear Reports
The expected retail boost from the Olympic games never took place in Japan, and the retail index is still below the normal pace registered before the pandemic. With the lifting of the State of Emergency things are expected to improve. If retailers are still lacking confidence, consumers seem to have improved their mood. However, with a rising expecting about the growth of prices, this could negatively impact the good mood of consumers and further deteriorate the confidence of retailers

Skechers launches Our Planet Matters recycled collection

Dec 7, 2021 / United States
The new collection was designed to help reduce the company’s environmental impact. Skechers has also announced a partnership with the non-profit The Nature Conservancy

Shoe Carnival acquires Shoe Station

Dec 7, 2021 / United States
Shoe Carnival is buying the family-owned footwear retailer Shoe Station, which operates in five South-eastern US states, for 67 million US dollars. The goal is to expand its customer base

Genesco reports revenue increase

Dec 6, 2021 / United States
The Nashville-based footwear group has announced net sales increase of 25% in the third quarter of fiscal 2022, reaching 601 million US dollars, as compared to the third quarter of 2021

Ecco bets in innovative shoemaking processes

Premium ContentDec 6, 2021 / Denmark
The Danish shoemaker has chosen to use Stratasys Origin One 3D printers and Henkel Loctite materials to accelerate the shoemaking development process in its facilities in Portugal and Denmark

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

CCC with new quarterly record

Dec 3, 2021 / Poland
The Polish-based footwear group reported record revenue of 452.6 million euros (2.1 billion Poland Zloty) in the third quarter of 2021. Online sales accounted for 45% of total sales

Caleres raises full year outlook

Nov 30, 2021 / United States
The footwear group reported net sales of 784.2 million US dollars in the third quarter of 2021, as compared to the same quarter of 2020, driven by Famous Footwear business' performance

US Retail: the holiday season might not be enough to withdraw the retailer's worries

Premium ContentNov 29, 2021 / World Footwear Reports
The Retail Sales Index in the US Shoe Stores has registered a favourable pace between March and August, which could give good perspectives for the near future. However, footwear retail gains are dwindling, closing at only 4 percentage points upside in August, after 11pp above the line in March. On top of that the consumers’ mood is plunging again and with inflation entering a danger zone in the US, retailers have reasons to be worried, especially if footwear prices stay in the upper range for a longer time

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

Brazilian footwear exports on soaring mode

Nov 25, 2021 / Brazil
In the first ten months of 2021, Brazilian footwear exports increased by 32.2%, totalling 712.4 million US dollars. In October alone, footwear exports generated 93.96 million US dollars

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

Foot Locker reports strong performance

Nov 24, 2021 / United States
The retailer announced results for the third quarter of 2021, posting net income of 158 million US dollars. Total sales increased by 3.9%, as compared to the same period of 2020

Nike takes its first steps into metaverse

Nov 22, 2021 / United States
The company has filed several trademarks applications for various virtual goods, which indicates its intention to make and sell digital Nike-branded sneakers and apparel in digital worlds
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