World Footwear

Spain

Spain Retail: leaving COVID-19 fears behind

Premium ContentMar 11, 2022 / Spain
Despite the spread of the Omicron variant in the last quarter of 2021, the TCF retail sales index shows overall a slow, but positive trend, and retailers’ confidence has not returned below pre-pandemic levels. Consumers are less optimistic, but the results are not substantially worse than two years ago. At the same time, they have embraced e-commerce, which seems to have demarcated itself from the course of the pandemic

Imanol Martinez (FICE): sustainability is an opportunity for producers in Southern Europe

Premium ContentJan 13, 2022 / Spain
Today we bring you the second part of a conversation with Imanol Martinez, Marketing Director of FICE, the Federation of Spanish Footwear Industries. Learn his views on sustainability and challenges of the footwear industry as we are coming out of the COVID-19 crisis

Imanol Martinez (FICE): work that would be done in 4 years was done in 6 months

Premium ContentJan 6, 2022 / Spain
Today we share with you the first part of a conversation with Imanol Martinez, Marketing Director of FICE, the Federation of Spanish Footwear Industries. Amongst other topics, we talked about the COVID-19 crisis and its impacts in the footwear industry

Inditex reports record revenue

Dec 17, 2021 / Spain
The Spanish-based fashion group announced record revenue and profit in the third quarter of 2021. Overall, revenue for the first nine months of the year totalled 19.3 billion euros

Inditex announces top-executive changes

Dec 1, 2021 / Spain
The Spanish-based fashion group has appointed Oscar García Maceiras as chief executive, effective immediately. Marta Ortega was also nominated chairwoman of the group, effective from the 1st of April

Spanish footwear industry with recovery signs in 2021

Nov 30, 2021 / Spain
Employment in the Spanish footwear and leather industry grew for the second consecutive time in October 2021. Footwear exports have also been experiencing a steady increase over the year

Record results for Inditex

Sep 15, 2021 / Spain
In the second quarter 2021, between May and July, the Spanish-based fashion group registered revenue, profit and cash generation with historic highs

Spain Retail: are consumers curing their entrenched pessimism?

Premium ContentJul 6, 2021 / World Footwear Reports
As the new pandemic wave seems to be fading away in Spain, indicators are improving. In the last two months with data available (March and April) Footwear Imports and the Textile, Clothing and Footwear (TCF) Retail Index performed much better than in 2020. Adding to list of good news is the consumers and retailers' confidence at their maximum scores since March 2020. With the online retail being at its maximum as well, the question now is whether omnichannel strategies from physical operators will be strong enough?

Inditex: sales grow by 50%

Jun 9, 2021 / Spain
Sales of one of the largest fashion groups grew by 50% in the first quarter of 2021 totalling 4.9 billion euros. Online sales in local currencies grew by 67%

JD Sports is selling Sports Unlimited Retail

Jun 4, 2021 / United Kingdom
The British sports-fashion retail company is selling Sports Unlimited Retail to Iberian Sports Retail Group, its 50.02% owned subsidiary based in Spain. The deal should amount to 14 million British pounds (roughly 16.5 million euros)

How is COVID-19 impacting footwear retail in different countries?

May 25, 2021 / World
With the world fast approaching 180 million cases of infected people and with vaccination now in place in several countries, we bring a summary of our latest Flash Reports focused on some key markets

MOMAD to return with hybrid format

May 23, 2021 / Spain
The International Textile, Footwear and Accessories Show, organized by IFEMA MADRID, returns in a hybrid format in September and invites the footwear industry to gather in Spain

Spain Retail: depressed retail and online sales gaining share

Premium ContentApr 28, 2021 / Spain
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

How are Italy and Spain reacting to the threat?

Premium ContentApr 27, 2021 / Spain
The announcement made by the United States Trade Representative (USTR) on the 26th March regarding the next steps in its Section 301 investigations of Digital Service Taxes (DSTs) adopted or under consideration by several US trading partners made the alarm sound for Spain and Italy

Matt Priest: we are 100% against the duties

Premium ContentApr 26, 2021 / United States
We spoke with the President & CEO of the Footwear Distributors & Retailers of America to go over the topic of the moment: the US threat of duties on footwear imported from Spain, Italy and the UK
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