News
Foot Locker: third quarter marked by sales growth
Third quarter comparable-store sales increased by 7.7% and total sales were up by 9.0% in the same period. Notwithstanding the good performance in the last quarter, year-to-date total sales and comparable-store sales are still down
The world's largest trade agreement
The Regional Comprehensive Economic Partnership was signed by China, Japan, South Korea, New Zealand and Australia, plus ten Southeast Asian economies, Indonesia, Thailand, Singapore, Malaysia, the Philippines, Vietnam, Burma, Cambodia, Laos and Brunei
US: consumer confidence slips in October
Consumer confidence dwindled in October, reflecting less optimism about the jobs market and the US economy in the next six months amid another outbreak of COVID-19 cases, according to the Consumer Confidence Survey by Nielsen
Gallery with merged formats in 2021
The Germany-held trade fairs have announced the dates for 2021 and confirmed the merged formats, which were successfully tried in 2020, will continue
Most profitable quarter reported by Shoe Carnival
Shoe Carnival reported net sales of 274.6 million US dollars for the third quarter. Net income was 14.7 million US dollars, 7% up from similar period in 2019. These resulted in the most profitable quarter in Shoe Carnival’s history
adidas talks about strong recovery despite sales plunge
The Germany-based sportswear giant said the third quarter was marked by a strong recovery of the business. In the period under analysis, revenue decreased by 3% in currency-neutral terms. In euro terms, revenue decreased by 7%
Pandemic speeds up consumer preferences towards casual and sports footwear
As part of the third edition of the Business Conditions Survey, we have asked our Panel of Exports about the perspectives for the market share of different types of footwear. The COVID-19 pandemic seems to be speeding up existing trends
The world’s most expensive cities
Paris and Zurich re-join Hong Kong at the top of the latest ranking of the world's most expensive cities, according to the latest information by The Economist
Zouri produces shoes with apple waste
The brand of sneakers known for using plastic trash collected from the ocean in its productive process is now using apple waste in its products
5th Vietnam Footwear Summit 2020 will be Held in Ho Chi Minh
Changing supply chain of global footwear industry in the era of COVID-19 and impact of trade policies will be on focus on the Summit to be held, both online and offline, in December
How consumers value different features of footwear
In the third edition of the Business Conditions Survey we have questioned our Panel Members on their views regarding how consumers would react to a number of potentially desirable features of footwear. Find out the answers
The second life of Mariano
Not even the pandemic was an obstacle for Mariano Shoes. With 75 years of existence, the Portuguese-based footwear company wants to internationalize the brand through the online channel and with a focus on the women's segment
Eurazeo Brands buys Axel Arigato for 56 million euros
The global investment company is investing 56 million euros in Axel Arigato, a Swedish premium sneaker, ready-to-wear and accessories brand, to become a majority shareholder, alongside brand's founders Max Svärdh and Albin Johansson
Burberry with growth in leather goods category
The UK-based luxury brand has announced a decline of 31% in revenue for the first semester of the current fiscal year. Despite that, Burberry is pleased with the year-on-year growth registered in the leather goods category
What drives sales of footwear?
Purchasing power, price, fashion, sustainability and climate are all driving footwear sales. However, how important are each of these in the moment the consumer chooses a new pair of shoes?
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