World Footwear

Coronavirus - Covid19

Footwear consumption to increase this year, but pre-pandemic levels should not be reached before 2023

Premium ContentApr 5, 2021 / Business Conditions Survey
The World Footwear' experts panel, gathering specialists from all over the world, is foreseeing a slight recover in footwear consumption during 2021 (+2.8%). Pre-pandemic levels shouldn't be reached before 2023

US: stimulus checks fuel spending in athletic footwear and apparel

Apr 1, 2021 / United States
Data from the Bank of America Global Research reveals that Americans are buying more sneakers and apparel, as the stimulus checks reach the bank accounts of many Americans

Virus-proof soles

Apr 1, 2021 / Portugal
A group of Portuguese researchers are working on a project involving the Universities of Aveiro, Porto and Minho. The goal is to create a virus-proof shoe sole, which helps fighting the coronavirus, among others virus

Italy's fashion industry asks authorities for clear decisions

Apr 1, 2021 / Italy
A statement was issued by some of the most important fashion entities of the country. They argue that trade fairs are an essential asset for SME’s and industry in Italy, and starting them up again would be an important trigger for recovery of the national economy

Ireland with retail sales recovery in February

Mar 31, 2021 / Ireland
Volume of retail sales with positive growth in 10 business groups. The Central Statistics Office confirms the volume of retail sales increased by 13.9% in February

South Africa: impact of COVID-19 on the footwear industry

Mar 31, 2021 / South Africa
Jirka Vymetal, the Executive Director of SAFLIA - Southern African Footwear and Leather Industries Association, spoke with local magazine S&V about the state of the footwear industry in the country

Weyco: net sales down by 35.7% in 2020

Mar 31, 2021 / United States
The Milwaukee-based footwear group has announced financial results for the quarter and year ended on the 31st of December 2020. Net sales were down by 28.7% in the last quarter of the year. Accumulated loss for the year reached 35.7%

Caleres: revenue down by 27.5% in 2020

Mar 26, 2021 / United States
The US-based footwear group has announced fourth quarter and full year 2020 results. Revenue was down by 18.3% in the last quarter, and by 27.5% for the total of 2020

Amazon becomes top apparel retailer in US

Mar 26, 2021 / United States
According to research conducted by American-based bank Wells Fargo, Amazon has surpassed Walmart as the country's top apparel retailer

European Retail: hard times during COVID-19

Premium ContentMar 24, 2021 / European Union
After registering moderate growth in 2019 (+1%), the European clothing and footwear retail sector was heavily penalized by the pandemic in 2020: the cumulative drop in retail sales of the Textile, Clothing and Footwear sectors amounted to 15.0% in the year

Revenue up by 3% for Nike

Mar 22, 2021 / United States
The US-based sportswear giant reported fiscal 2021 financial results for its third quarter ended on the 28th of February 2021. Revenue increased by 3% to 10.4 billion US dollars compared to the prior year

Burberry adjusts forecast after sales rebound

Mar 19, 2021 / United Kingdom
The luxury fashion house headquartered in London has issued an unscheduled trading update ahead of the 27th of March 2021 financial year end

Wolverine exceeds expectations in fourth quarter and aims for strong recovery in 2021

Mar 18, 2021 / United States
The US-based footwear giant has announced fourth-quarter revenue exceeding expectations. Performance in owned eCommerce and two largest brands, Merrell and Saucony, give Wolverine prospects of a strong recovery in 2021

2020: more than 17 500 chain store outlets lost in Great Britain

Mar 17, 2021 / Great Britain
As the COVID-19 pandemic triggered the worst decline on record: more than 17 500 chain store outlets disappeared from high streets, shopping centres and retail parks across Great Britain last year

Italian leather industry down by 26% in 2020

Mar 17, 2021 / Italy
Taking the hit of the dissemination of the COVID-19 pandemic, the leather industry in Italy registered a decline in revenue of 26%. Exports were down by 27%
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