World Footwear

Sales

Puma reports highest quarterly sales ever

Jul 29, 2022 / Germany
Revenue of the sportswear giant exceeded 2 billion euros in the second quarter of 2022. Sales grew in all regions except in Greater China due to COVID-19-related lockdown measures

Rikard Adolfsoon from Axel Arigato: consumers will expect brands to be sustainable

Premium ContentJul 22, 2022 / Sweden
Today we bring you the second part of the interview with Rikard Adolfsoon, Supply Chain Director from Axel Arigato. We have talked about the impact of the pandemic in the business, sustainability, retail channels and the future challenges of the industry. Watch the video

Foot Locker appoints EVP Global Lockers and Champs Sports

Jul 21, 2022 / United States
The US-based group has appointed Andy Gray, formerly EVP and Chief Commercial Officer, as EVP, Global Lockers and Champs Sports

Athletic footwear sales declined in the first quarter

Jul 20, 2022 / United States
According to the NPD Group retail tracking service, athletic footwear sales in the US decreased by 8.2% from January through March 2022, on a comparable basis to the same period in 2021

Online footwear consumption gains share in Spain

Jul 19, 2022 / Spain
The COVID-19 pandemic appears to have given a sustainable boost to e-commerce in the footwear sector, as 2021 was the second-best year in this regard, immediately after 2020

Japan Retail: imported inflation troubles retail despite positive signs on consumer mood

Premium ContentJul 18, 2022 / Japan
Despite positive signs regarding the consumers’ mood, which is leading the BoJ to focus on boosting domestic demand, retailers are facing imported inflation unseen for decades. So, as the yen sinks, it is more accurate to wonder whether Japanese companies’ margins can resist for much longer to fully pass on rising costs to consumers. In addition, the sanctions imposed following Russia’s invasion of Ukraine will certainly take a toll on retail, alongside persistent supply chain disruptions caused by the pandemic, even as the country moves away from those times. Since expenses on energy and food cannot be readily cut, the slack demand for footwear already observed is far from being a surprise

Rikard Adolfsoon from Axel Arigato: we will continue to challenge everything

Premium ContentJul 13, 2022 / Sweden
Today we bring you the first part of an interview with Rikard Adolfsoon, Supply Chain Director from Axel Arigato, which was founded in 2014 as a direct-to-consumer fashion brand. Axel Arigato has physical stores in six countries across Europe and UAE and is present online in 134 territories worldwide

Spain: price is the main factor consumers look at when doing a purchase

Jul 12, 2022 / Spain
According to the Association for Media Research (AIMC), price was the main factor considered by Spanish when buying clothing and accessories last year, followed by quality and comfort

Global personal luxury goods market to reach 360 to 380 billion euros by 2025

Jul 8, 2022 / United States
Despite the challenges and disruptions that happened at the start of 2022, the global luxury market will reach 360 to 380 billion euros by 2025, following the rebound experienced in 2021

Saye forecasts growth for 2022

Jul 5, 2022 / Spain
The brand of sustainable footwear, which posted sales of 5 million euros in 2021, expects to reach revenue of more than 8 million euros this year, on the back of the launch of four new models

Shanghai: fashion retailers struggle to clear stock

Jun 30, 2022 / China
Almost a month since Shanghai lifted the strict COVID-19 lockdown, stores are struggling with piles of unsold stock, as wary consumers avoid shopping districts

Spain Retail: sales increase in the first quarter despite tricky macro-environment

Premium ContentJun 22, 2022 / World Footwear Reports
Following an abrupt drop in consumers’ confidence in March due to the war in Ukraine, on top of an alarming inflationary climate, Spanish consumers appear to regard the current situation as temporary. In fact, retail sales of clothes and accessories have increased by 19.1% in the entire first quarter of 2022, despite less generous discounts thanks to this year’s cost inflation. Margin protection is certainly at the top of retailers’ agenda now. Meanwhile, the online and physical retail are somehow at a truce

Argentina: SME retail sales dropped in May

Jun 16, 2022 / Argentina
Retail sales from small and medium businesses fell by 3.4% in May, year-over-year, and by 8.9%, as compared to April. Price and cost increases affected profitability and consumer’s confidence

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

UK: nearly half of businesses affected by price increases

Jun 9, 2022 / United Kingdom
Almost half of businesses reported an increase in the prices of materials, goods, or services bought and sold in April. Nearly a third expects to raise the prices of goods and services this month
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