World
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
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
Sneakers and sports-related footwear expected to gain market share
Specialists from all over the world, gathered in our World Footwear' experts panel, believe sneakers and other sports related footwear, as well as other footwear with textile uppers, will continue to gain market share in the near future
Insufficient demand is the main difficulty faced by the footwear industry
We have asked the World Footwear' experts panel, gathering specialists from all over the world, about the main difficulties currently faced by the footwear companies all over the world. Insufficient demand was choosen by half of the respondents
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
Manufacturers more pessimistic about prices than traders
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 prices in the footwear industry. Find out about their answers today
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 consumption to increase this year, but pre-pandemic levels should not be reached before 2023
The World Footwear' experts panel, gathering specialists from all over the world, is foreseeing a slight recover in footwear consumption during 2021 (+2.8%). Pre-pandemic levels shouldn't be reached before 2023
US: stimulus checks fuel spending in athletic footwear and apparel
Data from the Bank of America Global Research reveals that Americans are buying more sneakers and apparel, as the stimulus checks reach the bank accounts of many Americans
Ireland with retail sales recovery in February
Volume of retail sales with positive growth in 10 business groups. The Central Statistics Office confirms the volume of retail sales increased by 13.9% in February
European Retail: hard times during COVID-19
After registering moderate growth in 2019 (+1%), the European clothing and footwear retail sector was heavily penalized by the pandemic in 2020: the cumulative drop in retail sales of the Textile, Clothing and Footwear sectors amounted to 15.0% in the year
Germany's manufacturing: new orders up by 1.4%
According to provisional results from the Federal Statistical Office (Destatis), real (price adjusted) new orders increased by a seasonally and calendar adjusted 1.4% in January 2021 compared with December 2020
2020: more than 17 500 chain store outlets lost in Great Britain
As the COVID-19 pandemic triggered the worst decline on record: more than 17 500 chain store outlets disappeared from high streets, shopping centres and retail parks across Great Britain last yearMedia Partners
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