Consumption
India overtakes the US
In 2017 India overtook the US as the second largest consumer of footwear: a milestone in Asia’s ascent to prominence in the world market, reflecting strong demographic and economic trends
Consumer confidence improved consumption dynamics
The conclusion is from the 2018 edition of the World Footwear Yearbook, now published by the Portuguese Footwear Association
Ghana’s footwear manufacturing is suffering
At least this is the claim made by local representatives of the footwear manufacturing industry, who go further saying there is a risk of collapse under the pressure of inferior imported products. Government intervention is being asked for
Leather shoes demand goes down
A new study by Bloomberg highlights that the growing popularity of sneakers is the main reason for decreasing demand for leather shoes
New carbon-based desiccant will keep footwear fresh
A team of Australian researchers has discovered a new super-efficient drying agent made up of graphene oxide to be integrated in shoe soles to control odour and moisture
High heel sales fall as women shift to comfort
Women are shifting their demand to more comfortable sneakers, as last year’s 37% increase in US women’s leisure sneaker sales suggests. Meanwhile, high heel sales are going down
China to lead growth of luxury goods market
CLIA, the China Leather Industry Association, is quoting a new report from specialist consultancy firm Bain & Company, which is forecasting the personal luxury goods market to grow by 6-8% in 2018
Shopping in the UK is getting digitally accompanied
A market report by PCMS* called Navigating Modern Retail – How to engage shoppers in 2018 was published, revealing shopping journeys consumers like to enjoy in stores. Digital seems to be moving inside the brick-and-mortar
Great Britain: Online sales continue to increase
A first estimate issued by the Office for National Statistics (ONS) indicates that retail sales in Great Britain continue to decline. Online sales increased again
Retail sales increase by 4.4%
According to the FDRA, Footwear Distributors and Retailers of America, quoting the National Retail Federation, February retail sales increased by 4.4% year-over-year as the economy continued to grow. The numbers exclude automobiles, gasoline stations and restaurants
Foot Locker is getting closer to women
The New York-based specialty athletic retailer announced a strategic investment in Carbon38, taking a minority stake in the women’s luxury active apparel company
Programme of the 20th UITIC Congress announced
In a joint press conference held in Milan, during LINEAPELLE, the UITIC Executive Committee, APICCAPS and CTCP presented the 20th edition of the UITIC Congress, taking place in Porto in 2018
Shoe Carnival testing Puma shops
Cliff Sifford, President and CEO of Shoe Carnival, revealed the retailer is testing Puma in-store shops in several locations to solidify its dominance of athletic footwear
Consumer spending continues to fall in the UK
In July consumer spending fell by -0.8% on an annual basis, following declines in May and June. Transport & Communication (-6.1%) and Clothing & Footwear (-5.2%) saw the most marked reductions in spend
Domestic consumption in Argentina continues to fall
According to the local entities domestic sales of leather footwear in the country has fallen by an estimated 30% since the beginning of 2017 compared with similar period last year-
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