World Footwear

News

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

Nov 18, 2020 / World
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

Nov 18, 2020 / Portugal
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

Nov 18, 2020 / Vietnam
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

Nov 17, 2020 / Portugal
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

Nov 16, 2020 / Sweden
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

Nov 16, 2020 / United Kingdom
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?

Impact of the pandemic on footwear consumption

The consequences of the COVID-19 epidemic were inevitably the special topic of this edition of the World Footwear Business Condition Survey. Today we bring you more details about our Expert's views

H&M Group names Leyla Ertur as new Head of Sustainability

Nov 13, 2020 / Sweden
From the 1st of January 2021 onwards, Leyla will take over from Anna Gedda who has led the company’s sustainability initiatives since 2014 and who will take on a new role as Head of Steering and Strategic Planning at H&M Group

Deckers targets 100% LWG leather by 2022

Nov 13, 2020 / United States
The US-based footwear group has announced its commitment to source all of its leather from Leather Working Group-rated tanneries by 2022. Deckers currently sources roughly 97% of its leather from there

Vietnam’s rise in footwear trade

Premium Content Nov 12, 2020 / Vietnam
The World Footwear’s Panel of Experts is forecasting Vietnam’s share of footwear exports to reach 11.5% in 2025. Last year Vietnam exported roughly 1.4 billion pairs of shoes

Caleres names Michael Edwards President of Famous Footwear

Nov 12, 2020 / United States
Michael Edwards will replace Molly Adams, who resigned her position, effective from the 20th of November onwards to pursue an opportunity outside the organization

China’s Singles Day: Nike reaches record sales in just 60 seconds

Nov 12, 2020 / China
Within one minute of Alibaba’s Tmall opening for the first phase of China’s Singles’ Day shopping festival Nike’s turnover surpassed the 100 million renminbi (roughly 12.8 million euros or 15.1 million USD) mark
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