ecommerce
Japan Retail: retail recovery didn't take place and confidence might be endangered if prices go up
The expected retail boost from the Olympic games never took place in Japan, and the retail index is still below the normal pace registered before the pandemic. With the lifting of the State of Emergency things are expected to improve. If retailers are still lacking confidence, consumers seem to have improved their mood. However, with a rising expecting about the growth of prices, this could negatively impact the good mood of consumers and further deteriorate the confidence of retailers
Prices of footwear to continue to increase
There is a rising expectation about the evolution of footwear prices in the coming months. Our experts anticipate prices to continue to rise, as a result of several pressure points impacting the business. Get access to the latest Business Conditions report and find out more today
CCC with new quarterly record
The Polish-based footwear group reported record revenue of 452.6 million euros (2.1 billion Poland Zloty) in the third quarter of 2021. Online sales accounted for 45% of total sales
Farfetch partners up with Clipper Logistics
The luxury platform has established a joint venture with the lead provider of e-fulfilment and returns management services to offer a global e-commerce fulfilment solution for luxury brands
UK retail sales picked up in October
According to the UK’s Office for National Statistics (ONS), October retail sales volumes increased for the first time in six months in October 2021, most likely due to early Christmas shopping
Larger footwear companies are more optimistic about employment
Although COVID-19 is still one of the topics of the moment, most of the experts of the World Footwear Business Conditions Survey believe the coming months will be positive with favourable expectations about the levels of employment in the business
Farfetch posts revenue increase
The luxury e-commerce platform has announced results for the third quarter of 2021. Revenue increased by 33.1%, reaching 582.6 million US dollars, as compared to the same period of 2020
Strong health of the footwear business is expected in the coming months
Although COVID-19 is still dominating most of our conversations and making headlines in the news, most of our panel experts believe that businesses will have a positive evolution. Read about this in our most recent bulletin of World Footwear Business Conditions Survey
Footwear industry is now more optimistic about the future
This is the main outcome of the most recent edition of the World Footwear Business Conditions Survey, conducted during the month of October. Today we bring you a summary of some of the main conclusions
Ambitious boosts its digital presence
The Portuguese company has decided to expand and update its online platform to improve the shopping experience of its customers while allowing them to access more information about the brand
Manfred Junkert: we will have a higher percentage of ecommerce in our business
Today we bring the first part of our conversation with Manfred Junkert, Managing Director of HDS/L: Federal Association of the German Footwear and Leather Goods Industry. We have discussed the impact of the COVID-19 pandemic in the footwear industry in Germany, and debated what were the main changes coming out of this crisis
Ferragamo with new eco-friendly collection for Farfetch.com
Italy-based fashion house Salvatore Ferragamo created an eco-friendly collection, called Salvatore Ferragamo Icon-Up, which is being launched exclusively on Farfetch.com
Wolverine Worldwide announces revenue increase
The Michigan-based giant has reported revenue of 636.7 million US dollars in the third quarter of 2021, as compared to the same period of 2020, amidst supply chain disruptions
Germany Retail: too early to claim victory on the retail performance
In recent months, the Textile Retail Index (including Clothing & Footwear) in Germany compares well to the pre-pandemic 2019 data. However, one must remember that 2019 was a terrible year for the German economy. As we write this Retail Flash, the consumer price index for footwear is following the upwards movement of prices in general and retailers are now looking on how to offset higher costs of raw materials and logistics in footwear imported from overseas. That said, it seems too early to claim victory on the retail performance in Germany-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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