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Strong expectations for the health of footwear businesses

Premium ContentJun 20, 2022 / Business Conditions Survey
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the expectations of our panel of international footwear experts

UK: online retail growth in freefall in May

Jun 18, 2022 / United Kingdom
The growth of online retail sales fell by 8.7% year-on-year in May in the UK, despite being measured against a negative performance in May 2021 (-6%), as reported by the latest IMRG Capgemini Online Retail Index, which tracks online sales for 200 retailers

ASOS appoints new CEO as it warns on profit

Jun 17, 2022 / United Kingdom
The fashion retailer named José Antonio Ramos to the role of CEO and announced that Jgøren Lindemann will become Chair. The company also said that will be expecting lower profits this year

France Retail: retailers’ confidence sank in the first quarter of 2022

Premium ContentJun 15, 2022 / France
Despite the Eurostat TCF (Textile, Clothing and Footwear) suggesting the return of retail to normalcy, there are red signs undermining not only consumers’ confidence, but also the retailers’ one, who before had displayed some insensitivity towards risks. Surging energy prices, inflationary pressure and the war in Ukraine are overshadowing any boost from an easing of COVID-19 restrictions. The subsequent increase in costs does make us wonder why TCF retail is not in the red yet

Amazon Fashion launches Virtual Try-On For Shoes

Jun 15, 2022 / United States
The interactive mobile experience uses augmented reality to help the customer visualize how a pair of shoes looks from every angle and make better informed purchasing decisions

The Athlete’s Foot owner acquires Shoe City

Jun 13, 2022 / United States
Arklyz announced it is acquiring the Baltimore-based retailer Shoe City and its associated online platform - ycmc.com. With this acquisition, Arklyz expands its portfolio with another Athletic Speciality Footwear & Streetwear Lifestyle Retail Chain

UK Retail: retail prospects for the next months lean to the downside

Premium ContentJun 8, 2022 / United Kingdom
In the first quarter of 2022, TCF (Textile, Clothing & Footwear) Retail Sales Index returned to pre-pandemic levels, showing that it is no longer sensitive to COVID-19. However, its positive behaviour is somewhat puzzling: consumer pessimism continues to plunge, most likely due to the rising inflation, which hit a record 7% in March, placing pressure on manufacturers’ costs. In addition, it is yet early to quantify the impact of Russia’s invasion of Ukraine on European retail markets

Chief Executive of Amazon’s consumer business is leaving

Jun 8, 2022 / United States
Dave Clark, who has overseen the company’s extensive warehouse operations, announced he would depart Amazon after 23 years. It’s time for me to build again, he wrote on Twitter

Average growth of footwear consumption to reach 5.9%

Premium ContentJun 6, 2022 / Business Conditions Survey
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the evolution of footwear consumption in 2022

Digital to grow their share in footwear sales

Premium ContentMay 30, 2022 / Business Conditions Survey
About two-thirds of the experts accounted for during the latest edition of the World Footwear Business Conditions Survey believe that digital retail channels will increase their share in footwear sales in the next three years

Clarks ventures into the metaverse

May 18, 2022 / United Kingdom
The British label has launched the Cicaverse immersive experience on Roblox to celebrate the children’s unisex sneaker style, Cica, in partnership with the metaverse development studio Melon

Zalando posts sales decline

May 11, 2022 / Germany
Amid a volatile market environment, the online retailer informed that revenue declined by 1.5% in the first quarter of 2022, as compared to the same period last year, totalling 2.2 billion euros

Footwear in South Africa – a country snapshot

Premium ContentApr 11, 2022 / World Footwear Reports
Today, we bring you our new country snapshot, this time focusing on South Africa, which ranks third among the top 3 footwear exports on the African continent, just behind Tunisia and Morocco. Nevertheless, it remains a net importer of footwear, being the 27th largest importer of footwear in the world in value

Adidas launches digital Ozworld experience

Apr 8, 2022 / Germany
To celebrate the release of the latest Ozworld collection, adidas Original has launched the world’s first personality-based AI-generated avatar creation platform

Olkin: the Portuguese home shoe

Apr 4, 2022 / Portugal
The Portuguese footwear brand was born during the COVID-19 pandemic by the cousins José Simões and João Macedo to bring together comfort and design
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