Despite the spread of the Omicron variant in the last quarter of 2021, the TCF retail sales index shows overall a slow, but positive trend, and retailers’ confidence has not returned below pre-pandemic levels. Consumers are less optimistic, but the results are not substantially worse than two years ago. At the same time, they have embraced e-commerce, which seems to have demarcated itself from the course of the pandemic
The Turkish’s largest footwear fair, which will be held from the 30th of March to the 2nd of April, in Istanbul, is ready to welcome approximately 450 companies and more than 40 000 visitors
The upcoming edition of the international footwear trade show at Fiera Milano Rho, to be held from the 13th to the 15th of March, will carry several initiatives centred around sustainability
The sporting goods retailer has reported net sales of 12.29 billion US dollars in the full year 2021, reflecting growth of 28.3% and 40.5%, on a comparable basis with fiscal 2020 and 2019
Sustainability is becoming more of a real concern for businesses and inhabitants of this world. However, some claim this is just a fashion trend or a marketing tool. With that in mind we have asked our panel if the footwear industry will be able to be carbon neutral by 2050. Half of the respondents don’t believe that will happen
While committing to becoming the best place to work for women, the luxury group announced its support to the National Literacy Trust and The Prince’s Trust women supporting initiatives
The Italian brand posted revenue growth of 13.8% over 2020, reaching 608.9 million euros in 2021, driven by the performance of the wholesale channel and the gradual reopening of stores
Pressure has been mounting on the Fashion industry to cut off commercial trading with Russia in the aftermath of Russia’s invasion of Ukraine on the 24th of February
We have spoken to Matt Priest, who is the President & CEO of the Footwear Distributor & Retailers of America, to discuss in detail the achievement of the 100.7 billion US dollars record on consumer demand for shoes in 2021. We have also ventured into the future, going over the main concerns for the US footwear industry, such as rising inflation (7.5% in January), additional duties on Chinese consumers goods, but also the opportunities on the horizon
The Michigan-based giant has reported that revenue and earnings in the fourth quarter and full year 2021 have exceeded expectations despite ongoing supply chain disruptions
Foot Locker is expecting its amount of Nike products to decline thanks to its accelerated strategic shift to DTC, but also due to the retailer’s own diversification efforts
The last edition of Lineapelle, held in Milan from the 22nd to the 24th of February, welcomed more than 960 exhibitors from 31 countries, who were visited by more than 13 000 buyers