World Footwear

Consumption

Gucci’s ax on wholesale

Jun 26, 2020 / Italy
The luxury brand announced that the multi-brands locations in Italy authorized by Gucci will go from 110 to 38. La Conceria is reporting

Shoe Carnival: second quarter exceeds expectations

Jun 25, 2020 / United States
The Indiana-based retailer of footwear and accessories provided a business update following the re-opening of its stores amid the global COVID-19 pandemic

COVID-19 pandemic adds to job’s descriptions and fuels new hires

Jun 24, 2020 / United States
Businessinsider is quoting HR and staffing firm Adecco who confirms that retailers are hiring people to take temperatures and enforce social distancing

50% of luxury firms may be at risk

Jun 22, 2020 / United States
Daniel Langer, Chief Executive of Luxury, Lifestyle and Consumer Brand Strategy from firm Équité, believes half of the luxury brands around the world will fail to survive the COVID-19 crisis

Buy Less, Buy Better

Jun 19, 2020 / Coronavirus - Covid19
While we have been encouraged to stop overconsumption for many years now, this pandemic may have created the perfect opportunity for this shift in consumer behaviour to happen. What business tips arise from here?

Retail Re-opening: Impacts on the Global Supply Chain

Jun 18, 2020 / Coronavirus - Covid19
As the world became global the advantages of access to resources, reducing costs, increasing efficiency and universal reach are undeniable. Nevertheless, in a globalized economy not only gains but also risks spread rapidly

Retail Re-opening: Digital Presence

Jun 17, 2020 / Coronavirus - Covid19
Digital presence and all that relates to online has been a main trend in the last few years. The shift from in-store to online shopping was boosted during the COVID-19 crisis and it seems to be here to stay

Is your store ready for customers after COVID-19?

Jun 16, 2020 / Coronavirus - Covid19
As stores start to re-open and we all get used to a new normality, the retailers' activities concerning promoting safety, protection and health measures for employees, customers and suppliers become key

Trends in athletic footwear

Jun 16, 2020 / Coronavirus - Covid19
Many countries are still under some sort of restrictions that includes the practice of most collective sports and the use of indoor gyms. What is the expected impact in athletic footwear sales?

Retail Re-opening: let's talk about Inventory?

Jun 15, 2020 / Coronavirus - Covid19
Inventory is a sensitive topic to every business. There is an equilibrium between overstocking, which requires space and investment, and underestimating sales, which directly leads to losses. Nowadays, an effective management of inventory becomes crucial

Germany: VAT cut to stimulate consumption

Jun 10, 2020 / Germany
The value-added tax (VAT) rate on non-food products is being reduced from 19% to 16%, starting from the 1st of July. The measure should be in place for the rest of the year and aims to give a boost to consumption and the economy

Trends of the industry as retail re-opens: Comfort at home

Jun 9, 2020 / Coronavirus - Covid19
The World Footwear brings you a new Guidebook with Business Tips and Health and Safety Recommendations for Brand Managers and Retailers. Today we will talk about Comfort at Home

Zalando is expecting 2020 revenue to be up by 10%-20%

Jun 2, 2020 / Germany
The online platform issued a new full-year guidance considering the impact of the Covid-19 pandemic and says it expects gross merchandise volume (GMV) and revenues to grow by 10%-20%

Burberry: sales decline by 27% in the last quarter

May 28, 2020 / United Kingdom
The British-based luxury fashion house was heavily impacted by the COVID-19 pandemic, with 60% of stores closed by the end of March. In the fourth quarter sales declined by 27%

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
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