World Footwear

Coronavirus - Covid19

Footwear business not expected to be carbon neutral by 2050

Premium ContentMar 9, 2022 / Business Conditions Survey
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

Matt Priest: the US footwear industry is resilient and agile

Premium ContentMar 4, 2022 / United States
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

Vietnamese factories to continue working amid Omicron surge

Feb 21, 2022 / Vietnam
Despite a new peak in COVID-19 infections, the high vaccination rate has enabled factories to continue producing, reversing last year’s policy of lockdowns

Turkish footwear exports reached 1 billion US dollars in 2021

Feb 15, 2022 / Turkey
The record figure reflects an increase of 22.9%, as compared to 2020. Turkish footwear industry is benefiting from demand for suppliers located close by to Europe

UK Retail: the first months of 2022 might be a cold shower for the expectations of retailers

Premium ContentFeb 14, 2022 / World Footwear Reports
Although the TCF sales index surpassed the 2018 baseline in November, the downwards trend of pessimism experienced among consumers since July last year is raising concerns. In fact, last month, the consumer confidence index dropped to its lowest level in 11 months. Retailers should be wary of consumers fears over surging inflation, rising fuel bills and the prospect of interest rises, while managing supply difficulties brought by the ongoing unwind of the Brexit process

Consumer confidence in the UK drops in the second half of 2021

Feb 11, 2022 / United Kingdom
Despite a strong rebound in the first half, consumer confidence fell for the second consecutive quarter in the last three months of 2021, thanks to the rise in living costs and to the impact of the Omicron variant

Cost of merchandise and raw materials is the main concern of the footwear business

Premium ContentFeb 3, 2022 / Business Conditions Survey
The COVID-19 pandemic created pressure on the global supply chains, which has resulted in shortages of materials and increased transport prices. The cost of merchandise and raw materials is now the main concern of the footwear industry

Price of footwear is the most important driver in the buying decision

Premium ContentJan 31, 2022 / Business Conditions Survey
A combination of factors will determine the consumer’s decision to choose a pair of shoes. With a view to find out what are the most relevant drivers in that process, we have asked our experts to choose the most relevant factors. Price is at the top of the list

Sneakers and sports related footwear to continue on the rise

Premium ContentJan 27, 2022 / Business Conditions Survey
It doesn’t come as a surprise, but the conclusions from enquiring our Panel of Experts of the World Footwear Business Conditions Survey point to a continuation of the trend around sneakers and sports related footwear. Read more about it today

Stella posts growth over 2021

Jan 19, 2022 / Hong Kong
The Hong Kong-based footwear manufacturer and retailer has reported that its unaudited consolidated revenue for 2021 increased by 35.6% over 2020, reaching 1.54 billion US dollars

Imanol Martinez (FICE): sustainability is an opportunity for producers in Southern Europe

Premium ContentJan 13, 2022 / Spain
Today we bring you the second part of a conversation with Imanol Martinez, Marketing Director of FICE, the Federation of Spanish Footwear Industries. Learn his views on sustainability and challenges of the footwear industry as we are coming out of the COVID-19 crisis

Strike at Pou Chen’s factory in Vietnam

Jan 12, 2022 / Vietnam
Thousands went on strike at a factory in southern Vietnam that belongs to the Taiwanese manufacturer of branded sports footwear. Employees are demanding better year-end bonuses

Merrell donates 25 000 US dollars to the Boulder County Wildfire Fund

Jan 12, 2022 / United States
The brand has announced that it will not attend the upcoming Outdoors Retailer's event due to COVID-19 concerns. Instead, it will donate the saved money to the Boulder County Wildfire Fund

Traders and manufacturers with positive prospects about footwear sales

Premium ContentJan 7, 2022 / Business Conditions Survey
Since the first edition of the World Footwear Business Conditions Survey conducted in the second semester of 2019, this is the most positive result obtained: traders and manufacturers are extremely optimistic about footwear sales

Imanol Martinez (FICE): work that would be done in 4 years was done in 6 months

Premium ContentJan 6, 2022 / Spain
Today we share with you the first part of a conversation with Imanol Martinez, Marketing Director of FICE, the Federation of Spanish Footwear Industries. Amongst other topics, we talked about the COVID-19 crisis and its impacts in the footwear industry
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