Consumption
Cyber Monday sets new online sales record
The Monday after Thanksgiving hit a new online record for the US with an estimated 3.45 billion US dollars spent via ecommerce, a 12.1% increase over a year ago
Our industry will continue to suffer in the coming years
The words are from Claude Paquin, Presidente of the FFC, elected earlier in the year and succeeding Jean-Pierre Renaudin, who presided over the professional organization over an 8 years' period
36% of customers planning to increase shoes spending over the holidays
The FDRA, the association representing the Footwear Distributors and Retailers of America, conducted a nation-wide shoe sales survey aiming to analyse the online purchases in this holiday season
Flat revenues at Michael Kors
Strong results registered by the brand in revenue in North America allied to a consolidation of the global presence. A decline in the tourism flows and in traffic malls has offset the good results
UK retail sales fall at fastest pace in 4 years
According to the latest monthly Distributive Trades Survey from the Confederation of British Industry (CBI) retail sales in July had the sharpest decrease in more than 4 years
Consumption of footwear continues to slowdown in Argentina
According to a report revealed by consulting firm Economic Research Sector apparent consumption of footwear registered a decline of 1.6% between January and May
ECCO elected as best company
More than 10 000 Swedes have participated in a national market survey and have chosen ECCO in front of Volvo, Miele, Porsche, and BMW as the number one company in the category Quality
Argentina: Production down and imports up worry local industry
The head of the Chamber of the Footwear Industry in Cordoba, Miguel Hames, has announced that production levels in local factories are roughly 40% below the levels registered by this time last year
Singapore women spend more than 200 000 US dollars on shoes
A survey reveals women spend up to 204 000 US dollars on shoes in their lifetime, with 120 000 US dollars reserved for designer shoes
Bata repositions business in Switzerland
Bata’s Switzerland unit is closing the remaining 29 stores in the country as part of its ongoing restructuring strategy
Slowdown in Argentina's demand
Estimates seem to indicate that domestic demand fell by 20% in the first quarter of 2016, while imports increased by 4%
EU and US working on a wide scale innovating trade agreement
Last summer, EU and US started negotiations for a free trade agreement, the Transatlantic Trade and Investment Partnership (TTIP). If negotiations succeed and the agreement is implemented in full, it will represent the most relevant regional free trade area and it will be the most impactful deal of its kind-
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