Footwear
US Retail: consumer confidence collapses while footwear retail slowly loses its drive
Despite the declining trend of the monthly shoe store retail sales and persistent macroeconomic headwinds such as supply chain disruptions and the continuous rise of inflation, US companies are displaying some optimism towards the remaining year. That is not the same as saying there is no caution or concerns on the horizon. The pace of the increase in footwear prices is in fact slowing, suggesting that the pressure of demand might be no more at work in the US. The critical point is that consumer confidence collapsed due to inflation and the war in Ukraine, which might restrain consumer spending this year
Spain: price is the main factor consumers look at when doing a purchase
According to the Association for Media Research (AIMC), price was the main factor considered by Spanish when buying clothing and accessories last year, followed by quality and comfort
Complexity of a shoe must be considered for a successful green transition
The European social partners of the textiles, clothing, leather, and footwear (TCLF) sectors adopted a joint statement calling for action to ensure a successful green and digital transition
War on Ukraine to negatively impact footwear
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the expectations of our panel of international footwear experts
JD Sports appoints new Chairman
The UK-based retailer announced that Andrew Higginson has been named Chair of the group, effective today, after a thorough search process carried out by the Board
Global personal luxury goods market to reach 360 to 380 billion euros by 2025
Despite the challenges and disruptions that happened at the start of 2022, the global luxury market will reach 360 to 380 billion euros by 2025, following the rebound experienced in 2021
AMF shares innovative solutions with the industry
The safety footwear Portuguese company held a demonstration action to introduce solutions which have, or will have, an impact on the future of the footwear industry and our planet as well
Zèta: we are always on the lookout for new waste to recycle
We spoke with Laure Babin, the CEO of the zero-waste sneakers brand Zèta. Made exclusively from recycled, vegan and recyclable materials, the shoes are designed in Bordeaux, manufactured in Portugal and sold only across Europe to reduce the carbon footprint
Recovery of the Italian footwear industry is at stake
Footwear exports and household spending increased in the first quarter of 2022, but a slowdown is already expected from the start of the second quarter. War in Ukraine, rising energy costs and raw materials prices are clouding the horizon
DSW tests new format store ahead of back-to-school season
The footwear chain, owned by Designer Brands, has been testing since May in its Hedwig Village store in Houston a new store format to better engage with the youngest consumers
Wolverine Worldwide sells Champion footwear licence to HanesBrands
The company announced that its wholly-owned subsidiary Keds sold the Champion trademarks for footwear in the US and Canada to its licensee HannesBrands for 90 million USD in cash
Brazil: footwear exports on the rise
In the first five months of the year, Brazilian footwear exports increased in both volume and value. The footwear industry is benefiting from US demand for suppliers outside Asia
Saye forecasts growth for 2022
The brand of sustainable footwear, which posted sales of 5 million euros in 2021, expects to reach revenue of more than 8 million euros this year, on the back of the launch of four new models
Quantity of footwear sold expected to increase
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the expectations of our panel of international footwear experts
Xicatas: the shoe that matches the summer
Portuguese-based brand Nobrand launched its very own line of espadrilles for Summer in various colours, patterns and fabrics, naming them Xicatas-
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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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