World Footwear

Consumption

Asia accounts for more than half of the global footwear consumption

Premium ContentSep 10, 2024 / World Footwear Yearbook
The dominance of the Asian continent in the consumption of footwear continues, according to data published in the World Footwear Yearbook 2024, as recently released by APICCAPS, the Portuguese Footwear Association

Leather footwear leads exports in value, but rubber & plastic leads in volume

Premium ContentSep 2, 2024 / World Footwear Yearbook
Leather footwear accounts for 38% of the total value. In terms of volume, rubber & plastic footwear commands the pole position, accounting for half of the global exports, according to the latest World Footwear Yearbook

Asia accounts for more than half of global consumption

Premium ContentAug 27, 2024 / World Footwear Yearbook
The dominance of the Asian continent in the consumption of footwear continues, according to data published in the World Footwear Yearbook 2024, as recently released by APICCAPS, the Portuguese Footwear Association

Average worldwide export price continues an upward trend to reach $12

Premium ContentAug 20, 2024 / World Footwear Yearbook
Prices of footwear continued to increase in 2023, as revealed by the latest World Footwear Yearbook, as recently released by APICCAPS, the Portuguese Footwear Association. $12 threshold reached

A significant setback for footwear exports in 2023

Premium ContentAug 13, 2024 / World Footwear Yearbook
The latest data published in the World Footwear Yearbook 2024, recently released by APICCAPS, the Portuguese Footwear Association, reveals a drop in footwear exports last year, both in value and volume

Japan Retail: slow but steady future for retail

Premium ContentAug 6, 2024 / Japan
After unexpectedly slipping into recession at the end of 2023, the Japanese economy appears to be back on track to grow 3.2% in 2024 (FMI forecast). Against this backdrop, fashion retail sales are outperforming the overall retail performance and, interestingly, footwear inflation is now below the 2% target for any economy. However, the picture is not so clear-cut. The weak yen could dampen any growth in imports and the country is still adjusting to a major change in monetary policy. Nevertheless, as predicted in our last Flash, it’s safe to say that a modest recovery has taken place in the sector

Global footwear production down by 1.5 billion pairs in 2023

Premium ContentJul 30, 2024 / World Footwear Yearbook
Last year saw footwear production and exports decline by 6% and 9.1% respectively, according to data published in the World Footwear Yearbook 2024, as recently released by APICCAPS, the Portuguese Footwear Association

Shift towards Streamlined Production Lines is Anticipated

Premium ContentJul 22, 2024 / Business Conditions Survey
In this edition of the survey, we asked our experts about their opinion on which technology – from a pre-selected list – is most likely to revolutionize the footwear industry in the coming years. Read all about it now

Influencer Marketing seen as a Successful Tool for Footwear

Premium ContentJul 9, 2024 / Business Conditions Survey
In this edition of the World Footwear Business Conditions survey, we asked our experts about their opinions on the effectiveness of influencer marketing. The results shed light on the apparent noteworthy impact of influencer marketing in the footwear industry

Argentina: clothing and footwear consumption falls by 27%

Jul 4, 2024 / Argentina
The clothing and footwear sectors recorded a 27% year-on-year decline in the first five months of the year, according to the Argentine Chamber of Commerce and Services

Optimistic expectations for footwear retail prices

Premium ContentJul 2, 2024 / Business Conditions Survey
76% of the respondents of the last edition of the World Footwear Business Conditions Survey expect footwear retail prices to increase over the next six months. The 10th edition of the World Footwear Business Conditions Survey results are now available

UK Retail: are the winds starting to blow in retailers’ favour?

Premium ContentJul 1, 2024 / United Kingdom
Despite a slight upturn in sales of Textile, Clothing and Footwear in March, a number of factors, including an early Easter, poor weather and the high cost of living, soon led to a visible lack of demand. This will most likely lead to a decline in the number of footwear imports, breaking the growth trend seen in the first quarter of the year. On the bright side, inflation is at its lowest since November 2021 and the economy seems to be picking up, so there is room for some improvement in consumer sentiment. With the UK on the brink of a General Election and a series of sporting events promising to bring people onto the streets, are the winds starting to blow in retailers’ favour?

Positive perspectives about the health of footwear business

Premium ContentJun 25, 2024 / Business Conditions Survey
Almost 60% of the respondents of the last edition of the World Footwear Business Conditions Survey seem confident regarding the health of their businesses. The 10th edition of the World Footwear Business Conditions Survey results are now available

Germany Retail: positive signs on the horizon, but it’s not yet time to pop the champagne

Premium ContentJun 24, 2024 / Germany
Good news keep coming, but no one is out of the woods yet. Footwear retail sales outperformed overall retail sales in January and February, although they remain lower than the same period last year. Consumer sentiment remains negative but is improving, driven by lower inflation rates and wage growth, and retailer sentiment, although more negative, is following the trend. With recent news of a better economic outlook for the year and a rise in the value of imports at the start of the year, there is a chance that consumers will pull retailers up. Let’s see how the coming months unfold

Industry is antecipating an increase in the quantity of footwear sold

Premium ContentJun 18, 2024 / Business Conditions Survey
According to the latest edition of the World Footwear Business Conditions Survey more than 60% of the respondents expect quantities of footwear traded to increase. All results are now available
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