World Footwear

Prices

Cost of merchandise tops the list of concerns for the footwear industry

Premium ContentJun 27, 2023 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, our panel members identified the most pressing problems impacting the footwear industry. Get free access to the report and read its main conclusions

Positive perspetives for footwear businesses

Premium ContentJun 20, 2023 / Business Conditions Survey
In this edition of the Business Conditions survey, we asked our panel of experts to share their expectations about the health of the future business in the next semester. Read about the conclusions below

Average footwear prices expected to increase

Premium ContentJun 16, 2023 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, our panel members predicted an increase of 7.3% in footwear prices over the next six months. Get free access to the report with the main conclusions

Keen footwear lowers its prices

Jun 15, 2023 / United States
The Oregon-based footwear company is lowering its prices to give some relief to consumers in this inflationary environment

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

LAST CALL!! Join the 8th edition of the World Footwear Business Conditions Survey

Apr 21, 2023 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. We want to hear you!

US footwear prices increases continue to cool off

Apr 20, 2023 / United States
Retail footwear prices increased at a decelerating rate in March, up by 0.3% from the same period last year. This signals the slowest growth in 24 months for the category

Final Call!! Join the 8th edition of the World Footwear Business Conditions Survey

Apr 19, 2023 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. We want to hear you!

Second Call!! Join the 8th edition of the World Footwear Business Conditions Survey

Apr 13, 2023 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. We want to hear you!

Join the 8th edition of the World Footwear Business Conditions Survey

Mar 29, 2023 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. We want to hear you!

Japan retail: unlocking consumer confidence is key for retail

Premium ContentMar 24, 2023 / Japan
The volume of footwear imports closed 2022 about 10 percentage points below the 2015 baseline, suggesting that the impact of the imported inflation on prices has been clouding the real performance of retail sales in the category. Both the government and some companies have offered inflation allowances or anti-inflation subsidies, but given the saving Japanese mindset, it can be expected that any additional disposable income will not necessarily be used for discretionary shopping, such as clothing and footwear. To boost consumption, it is therefore needed to unlock consumer confidence, which improved only marginally In February, and appears now to be flattening

US Retail: slower growth for retail in the coming months

Premium ContentMar 14, 2023 / United States
The available data suggests that footwear sales dipped in the last quarter of 2022. With inflation eating the wage growth and impacting the stability of the labour market, US consumers appear to have deemed footwear purchases as not essential. This situation is somewhat corroborated by the negative performances of several companies in the fashion category, such as Capri, Nordstrom and VF Corp, in the fourth quarter of the year. Their main concern relates to the excess inventory, which led to a highly promotional environment and caused imports to reduce. Accounting for the mixed feelings on the consumers’ side, it is safe to endorse cautious prospects for retail for these first months of 2023

Sustainable, please. But not more expensive!

Premium ContentMar 7, 2023 / Business Conditions Survey
Sustainability is on the agenda of most footwear brands. Given such importance, in the latest edition of the World Footwear Business Conditions Survey we have asked our experts if consumers will be willing to pay more for sustainability

Germany Retail: one swallow doesn’t make a summer

Premium ContentMar 6, 2023 / World Footwear Reports
Despite the upturn in consumer confidence observed in the last quarter of 2022, there is still much concern among retailers. Footwear imports are following an upward trend since October, which could be read as a good sign concerning the health of retail, but German businesses are quite familiar with the sensitivity of their consumers to slight changes in overall economic conditions, and inflation is still expected to impact directly sales. Caution seems definitely to be the watchword at the start of 2023

France Retail: inflation will yet impact retail, but there is a light at the end of the tunnel

Premium ContentFeb 20, 2023 / World Footwear Reports
Figures by the Banque de France suggest that retailers may have felt some relief in December 2022, but the weight of inflation in these results must not be overlooked, with turnover growing quite faster than the production itself. Moreover, the impact of inflation on footwear might yet be to be felt. French consumers tend to purchase the category during sales, but retailers may not be able to make the big discounts that would make consumers shop in a context of still significant inflation due to the need of preserving margins. However, there are signs of light at the end of the tunnel, as retailers’ and consumers’ confidence indicators show that there is room, at least, for the ceasing of confidence deterioration in 2023.
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