World Footwear

Retail

Armando Cabral opens immersive retail space in the US

Jun 13, 2022 / Portugal
The Portuguese model and businessman expanded his brand with an Afro-Centric immersive retail experience in the Rockefeller Centre named ARMANDO CABRAL Mercado

Allbirds expands distribution to Nordstrom

Jun 10, 2022 / United States
Nordstrom customers can now shop men's and women's Allbirds styles at 14 select stores.Later this year, Allbirds will expand their selection, which will be available to shop on Nordstrom.com, at Center Stage in New York City and in more Nordstrom stores

Australia: retail sales increase in April

Jun 9, 2022 / Australia
The Australian retail turnover rose by 0.9% in April 2022, reaching another record level, according to the figures of Retail Trade published by the Australian Bureau of Statistics (ABS)

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

Pou Chen posts net profit decline

Jun 6, 2022 / Taiwan
The Taiwanese manufacturer of branded sports footwear reported a drop of 26.1% in net profit in the first quarter of 2022 due to fewer investment gains from its Nan Shan Life Insurance unit

Dick's Sporting Goods posts sales decline

Jun 1, 2022 / United States
The sporting goods retailer posted a comparable store sales drop of 8.4% in the first quarter of fiscal 2022 over the same period last year, but remains optimistic about its long-term strategy

Foot Locker reports solid performance

May 24, 2022 / United States
The retailer posted a slim increase in sales in the first quarter of fiscal 2022 over the same period last year, but still ahead of estimates. Revenue for the quarter totalled 2.17 billion US dollars

Shoe Carnival surpasses pre-pandemic levels

May 19, 2022 / United States
The US-based retailer of footwear and accessories announced that in the first quarter of fiscal 2022 sales grew by 25.1% and EPS by 100 percentage points over the same period of 2019

Footwear prices expected to increase by 8.4%

Premium ContentMay 17, 2022 / Business Conditions Survey
According to the members of the World Footwear Business Conditions Survey prices of footwear are expected to increase over the next six months. Read all about this and all the conclusions of the survey conducted last month

Foot Locker and adidas sign enhanced partnership

May 12, 2022 / United States
Built around product innovation, elevated experiences and deeper consumer connectivity, the partnership establishes Foot Locker as the lead partner for adidas in the basketball category

General outlook for the footwear industry is optimistic

Premium ContentMay 9, 2022 / Business Conditions Survey
This is the main outcome of the most recent edition of the World Footwear Business Conditions Survey, conducted during the month of April. Today we bring you a summary of some of the main conclusions

US: nearly half of consumers to spend less in footwear

May 6, 2022 / United States
A national survey made amongst US shoppers found that almost half (48%) of footwear consumers is planning to spend less on footwear this spring than last year

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

Less than 20% of retailers on track to meet sustainability targets

Apr 8, 2022 / World
A study found that sustainability is now a strategic priority for retail businesses, but the vast majority is still failing to make meaningful progress

Japan Retail: retail prospects are again at stake

Premium ContentApr 4, 2022 / World Footwear Reports
Hope for a return to normality in March, following the lift of the quasi-emergency restrictions imposed to control the Omicron-variant outbreak at the end of 2021, appears to be off the picture. The impact of Russia’s invasion of Ukraine on households and companies, which is prompting a hike in commodities and food prices, can no longer be discarded. Most likely, the footwear retail growth momentum of the final months of last year will not be accompanied by an increase in prices to avoid scaring away consumers, whose confidence suffered yet another blow in front of the international conjuncture
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