World Footwear

Imports

Is footwear re-shoring a myth?

Premium ContentAug 29, 2023 / World Footwear Yearbook
With the geographical distribution of footwear production remaining relatively unchanged over the past decade, is re-shoring a myth or can we find its evidence in the numbers?

Footwear production bounces back to pre-pandemic levels in 2022

Premium ContentAug 22, 2023 / World Footwear Yearbook
The World Footwear Yearbook 2023 just released by APICCAPS, the Portuguese Footwear Association, shares information about the great trends in the industry such as the fact that in 2022 global footwear production reached the 23.9 billion pairs threshold

Argentine suppliers support Footwear Promotion Law but demand further clarifications

Aug 18, 2023 / Argentina
The Argentine Chamber of Suppliers of the Footwear Industry (CAIPIC) demands further clarifications on the Footwear Promotion Law to avoid situations that could impact the sector

Average worldwide export price reaches a new record in 2022

Premium ContentAug 15, 2023 / World Footwear Yearbook
This is one of the main conclusions of the World Footwear Yearbook 2023 just released by APICCAPS, the Portuguese Footwear Association. Read all about it today

New tax exemption puts 30 000 jobs at risk in the Brazilian footwear industry

Aug 10, 2023 / Brazil
The warning comes from Abicalçados, which voiced concern over the exemption of tax payments for large international platforms for the entry of products in the range of up to 50 US dollars

2022: exports of footwear on the rise

Premium ContentAug 8, 2023 / World Footwear Yearbook
The World Footwear Yearbook 2023 just released by APICCAPS, the Portuguese Footwear Association, presents a detailed analysis of the footwear exports' movements in 2022. Get access to all the relevant information today

French footwear manufacturing turnover grows in 2022

Aug 4, 2023 / France
According to the Conseil National du Cuir (CNU), the French footwear industry's turnover rose by 10% last year to 651 million euros, up from 590 million euros in 2021

Asia accounts for more than half of global footwear consumption

Premium ContentAug 1, 2023 / World Footwear Yearbook
This is one of the main conclusions of the World Footwear Yearbook 2023, just released by APICCAPS, the Portuguese Footwear Association. Read more about it today

2022: global footwear production reaches 23.9 billion pairs, back to pre-pandemic levels

Premium ContentJul 27, 2023 / World Footwear Yearbook
In 2022 footwear production and exports grew by 7.6% and 9% respectively. Data are taken from the World Footwear Yearbook 2023 just released by APICCAPS, the Portuguese Footwear Association. Global footwear production reached the 23.9 billion pairs threshold, bouncing back to pre-pandemic levels. Last year 15.2 billion pairs were exported worldwide, representing a recovery from the drop registered as a result of the pandemic, yet still below the record registered in 2014 (15.7 billion pairs)

Japan Retail: mixed signs cast a shadow over a clear outlook for the rest of the year

Premium ContentJul 18, 2023 / Japan
The growth rate of footwear consumer prices has largely outpaced that of the overall prices. This is not a good sign for the footwear sector, as discretionary items are always the first to be discarded by consumers, but it is not all bad news. The truth is consumer confidence has rebound at the start of the year, private consumption has shown some resilience and the return of tourists is a welcoming sign. Perhaps most surprising is the fact that the volume of imports has not been affected by the weakening of the yen. It remains to be seen how the outlook will unfold

US Retail: distressing times for footwear retail

Premium ContentJul 7, 2023 / United States
In an environment of widespread destocking, footwear retail sales have been declining since the start of the year in the US, and despite good news such as a continuous moderation in price increases. The problem remains with the rising consumer price index for all categories, whose decreasing pace is not enough to generate an overall positive impact. Consumers are still attending to more pressing needs, and footwear is not on that list

Venezuelan footwear production expected to grow by 20% in 2023

Jun 30, 2023 / Venezuela
Venezuelan footwear production may increase by about 20% this year, says Tony Di Benedetto, President of Cavecal, but growth can be compromised if industry and trade conditions do not improve

Spanish footwear exports increase in the first quarter

Jun 16, 2023 / Spain
In the first three months of 2023, Spanish footwear exports increased by 21% in value due to the impact of inflation, but remained below pre-pandemic levels in volume terms

Germany Retail: a bleak horizon for both the physical and online retail

Premium ContentJun 12, 2023 / World Footwear Reports
Consumers seem to have definitely pulled the rug out from under footwear companies, as can be seen by the wave of insolvencies observed in the footwear sector in recent months, in addition to the store closures recorded in 2022. And the online channel is having no better luck, with sales progressively losing the momentum of the positive results recorded in the summer of last year. Overall, the future of retail looks set to remain a little gloomier in the coming months

Spain Retail: good signs for retail in the first quarter of the year

Premium ContentJun 6, 2023 / World Footwear Reports
Several indicators showed that consumer confidence is improving, reversing the downward trend seen after the invasion of Ukraine, but overall, consumer sentiment remains rather pessimistic. On the other hand, retailer confidence has been on the rise since January. In fact, the TCF (Textile, Clothing and Footwear) Retail Index (seasonally adjusted, by Eurostat), which had been recovering modestly from June to November 2022, soared thereafter as if Christmas were an uninterrupted season for the entire first quarter of 2023, and even the imports’ behaviour seems to have anticipated a sales boom. Meanwhile, expectations for online sales in 2023 are overall positive, but comparisons with the pandemic period might be misleading
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