World Footwear

World

Visa: digital acceleration in Covid-19 era

May 26, 2020 / World
According to Visa's Chief Product Officer 13 million people in Latin America made their first-ever online purchase in March quarter. An increase in digital commerce spending was registered in the US

Mexico: 80% of footwear companies lost more than 51% revenue

Premium ContentMay 26, 2020 / Mexico
As footwear is not considered an essential sector, the industry is living with the suspension of activities and facing cancellations of purchase orders, liquidity issues and reduction in demand

Footwear not profiting from 10 year high in UK online retail sales

May 26, 2020 / United Kingdom
According to IMRG Capgemini online retail sales in the UK grew by 23.8% Year-on-Year in April. Footwear and clothing experienced two-digit declines, as consumers shift their shopping patterns in a hot month

Italy enters phase 2

May 20, 2020 / Italy
On Monday 18th of May stores re-opened in Italy, and some of the restrictive measures of the last weeks started to be alleviated in one of the most impacted countries by the Covid-19 pandemic

US: slippers and work footwear outperform market patterns

May 20, 2020 / United States
According to the latest data by NPD, fashion footwear sale, in the new Covid-19 context, fashion footwear underperformed in total sales. Slippers sales doubled. Work/safety footwear with better performance

US: only 32% of the shoppers say they are ready to buy footwear in stores

May 19, 2020 / United States
As stores reopen across the US, a recent study by First Insight found that the majority of consumers (54%) are ready to buy apparel in-store. For footwear, those saying they are willing to go back to stores is lower (32%)

FICE defends alternative measures to the prohibition of sales

May 18, 2020 / Spain
The Federation of Spanish Footwear Industries (FICE) requested for the consideration of alternative and equally efficient measures to the prohibition of discounts in brick and mortar locations

South Africa starts re-opening

May 15, 2020 / South Africa
The country is now on Alert Level 4 and started to alleviate some of the measures put in place in recent weeks to fight the diffusion of Covid-19 in South Africa

Spanish retailers ask for the suspension of commercial leases

May 15, 2020 / Spain
Some of the major Spanish retailers have sent a request to the Spanish Government, led by Pedro Sanchez, for a change in the clauses in their commercial leases, given the current coronavirus crisis

South Korea: retail open as usual

May 14, 2020 / South Korea
The Asian country has a total number of reported cases is slightly below 11 000, with the death toll just near the 260 threshold

The new normal in Malaysia

Premium ContentMay 13, 2020 / Malaysia
The country is currently under Phase 5 of its MCO (Movement Control Order) until the 9th of June. Manufacturing and retail are operational with restrictions

Covid-19: situation worsens in Chile

May 13, 2020 / Chile
The country seems to be entering in a critical stage of the diffusion of the disease. With many restrictions applied to the economy, footwear is being hit hard

Footwear back in business in Europe

Premium ContentMay 12, 2020 / Coronavirus - Covid19
As European countries face the different stages of the sanitary crisis, they are also working on the re-opening of the economies. Today we bring you updates from Italy, Spain, Germany, Belgium, France and Poland

Could Covid-19 be a turning point in geopolitics?

May 12, 2020 / Coronavirus - Covid19
A recent report by The Economist Intelligence Unit reflects on how the Covid-19 pandemic can influence the balance of power and change geopolitics

US: athletic footwear hit hard by Covid-19

May 8, 2020 / United States
In its analysis of the first quarter of the year NPD confirm the expectations: Covid-19 has had significant impact across US athletic footwear and activewear businesses
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