Retail
Steve Madden: revenue up by 0.5%
The New York-based designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children, announced financial results for the first quarter ended on the 31st of March 2021. Revenue increased by 0.5%
Spain Retail: depressed retail and online sales gaining share
The TCF retail Sales Index in Spain is showing some resistance to getting back to the pre-pandemic levels, even if some recovery took place over the second half of 2020. One positive sign seems to come from internet retail, which is gaining share since September 2020. The concern raises as this is being done at the expenses of physical retail. If one needs hope and goods news, those might come from some relative optimism from the consumer side, which might be followed by the retailers. The next few months will be key to see if they persist
France Retail: Footwear Sales in Troubled Waters again
After a period of some return to normality, as reported in our previous Retail Flash for France, footwear retail in France plunged in November, to recover over the Christmas period. The up and down continued when we entered 2021. And the concern is raised: if 2020 was not good, and if other waves of the pandemic emerge, how will the footwear retail resist in 2021?
Retail in Europe takes a big hit in 2020
In a year marked by a global pandemic, words like lockdowns, quarantines, waves of COVID-19, closed retail and restrictions became way too familiar to all of us. Retail was one of the industries with major impacts. Today we look at the numbers for European countries
Fila chooses Portugal for first own store in Europe
As the country reopened all stores and shopping centers, Fila opened in Portugal its first own name store in Europe. The store is located at Freeport Lisboa Fashion Outlet, in Alcochete (Lisbon)
JD Sports Fashion with robust results
The UK-based retail group reported a set of good results for the fiscal year ended on the 30th of January 2021, despite the impact of the pandemic and Brexit
UK Retail: Christmas upsurge turns into big new dip at the beginning of 2021
As a new wave of COVID-19 struck the UK and a new confinement hit the country after the New Year, retail sales of footwear slowed down again. One interesting fact comes from the indicator of consumer confidence, which is now increasing for two succeeding months. If vaccination in the UK succeeds, footwear sales decline might not persist. The question is what the impact will be for brick and mortar, as this virus seems to have been fatal for many high street players
Steve Madden acquires remaining share of European joint venture
The US-based designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children, announced that it has completed the acquisition of the 49.9% share that it did not already own of its European joint venture
Digital increasingly important at the expenses of traditional retail
Since the first edition of the WF Business Conditions Survey, we have been asking our panel of expert about their expectations regarding the evolution of different retail channels over the next three years: digital continues to be increasingly important
Kurt Geiger to open 9 new stores this week
The UK-based retailer has announced it will open nine new stores this week as non-essential retailers in England are allowed to reopen
Sustainability concerns more relevant than fashion trends
When asked about the factors considered to be the most relevant in determining the evolution of sales of each category of footwear, our experts’ answers point to a raising relevance of the sustainability concerns
UBS foresees 80 000 stores closures in the US by 2026
The analysis presented by the investment bank indicates that after the peak in closures registered in 2019, the scenario is not bright and shiny for the next 5 years. UBS is forecasting a 9% of the total current number stores to shut across the country by 2026
Great Britain with a record of 17 500 stores closing in 2020
According to new data by consulting firm PwC, Great Britain had an avalanche of store closures during 2020, with some 17 500 stores not resisting the impact of the pandemic. On the other hand, 7 655 opened, representing a net loss of 9 877 stores
Asia more optimistic about quantity of footwear sold
In our most recent edition of the World Footwear Business Conditions Survey we have asked our panel of experts about their forecast regarding the evolution of quantities of footwear sold. Find out about their answers today
Future of the footwear industry is uncertain, but the general outlook is positive
The World Footwear' experts panel, gathering specialists from all over the world, is foreseeing a slight recover for the footwear industry in 2021. Access the latest report and get free access to some of the main highlights of the last Business Conditions Survey-
Footwear Consumer 2030
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