World Footwear

Consumption

Footwear in Russia – a country snapshot

Premium ContentMay 23, 2022 / World Footwear Reports
Today, we bring you a new country snapshot, this time focusing on Russia. With a geographical area of 17 million km2, Russia is the largest country in the world and hosts 144.3 million people (2020). It is the fifth-largest economy in Europe, being one of the world’s leading producers of oil and natural gas, and a top exporter of metals such as steel and aluminum

Footwear prices expected to increase by 8.4%

Premium ContentMay 17, 2022 / Business Conditions Survey
According to the members of the World Footwear Business Conditions Survey prices of footwear are expected to increase over the next six months. Read all about this and all the conclusions of the survey conducted last month

High heels footwear market to rise 1.35% annually

May 10, 2022 / World
According to a report published by the research and advisory company Technavio this will result in an accumulated gain of 1.70 billion US dollars over the period 2020 - 2025

General outlook for the footwear industry is optimistic

Premium ContentMay 9, 2022 / Business Conditions Survey
This is the main outcome of the most recent edition of the World Footwear Business Conditions Survey, conducted during the month of April. Today we bring you a summary of some of the main conclusions

US: nearly half of consumers to spend less in footwear

May 6, 2022 / United States
A national survey made amongst US shoppers found that almost half (48%) of footwear consumers is planning to spend less on footwear this spring than last year

Footwear in South Korea – a country snapshot

Premium ContentApr 28, 2022 / World Footwear Reports
Today, we bring you our new country snapshot, this time focusing on South Korea, the 19th largest footwear consumer in the world, and a very attractive market due to its remarkable growth and consumer loyalty

Footwear in South Africa – a country snapshot

Premium ContentApr 11, 2022 / World Footwear Reports
Today, we bring you our new country snapshot, this time focusing on South Africa, which ranks third among the top 3 footwear exports on the African continent, just behind Tunisia and Morocco. Nevertheless, it remains a net importer of footwear, being the 27th largest importer of footwear in the world in value

Join the 6th edition of the World Footwear Business Conditions Survey

Apr 6, 2022 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. We want to hear you!

Footwear business not expected to be carbon neutral by 2050

Premium ContentMar 9, 2022 / Business Conditions Survey
Sustainability is becoming more of a real concern for businesses and inhabitants of this world. However, some claim this is just a fashion trend or a marketing tool. With that in mind we have asked our panel if the footwear industry will be able to be carbon neutral by 2050. Half of the respondents don’t believe that will happen

UK Retail: the first months of 2022 might be a cold shower for the expectations of retailers

Premium ContentFeb 14, 2022 / United Kingdom
Although the TCF sales index surpassed the 2018 baseline in November, the downwards trend of pessimism experienced among consumers since July last year is raising concerns. In fact, last month, the consumer confidence index dropped to its lowest level in 11 months. Retailers should be wary of consumers fears over surging inflation, rising fuel bills and the prospect of interest rises, while managing supply difficulties brought by the ongoing unwind of the Brexit process

Consumer confidence in the UK drops in the second half of 2021

Feb 11, 2022 / United Kingdom
Despite a strong rebound in the first half, consumer confidence fell for the second consecutive quarter in the last three months of 2021, thanks to the rise in living costs and to the impact of the Omicron variant

Cost of merchandise and raw materials is the main concern of the footwear business

Premium ContentFeb 3, 2022 / Business Conditions Survey
The COVID-19 pandemic created pressure on the global supply chains, which has resulted in shortages of materials and increased transport prices. The cost of merchandise and raw materials is now the main concern of the footwear industry

Price of footwear is the most important driver in the buying decision

Premium ContentJan 31, 2022 / Business Conditions Survey
A combination of factors will determine the consumer’s decision to choose a pair of shoes. With a view to find out what are the most relevant drivers in that process, we have asked our experts to choose the most relevant factors. Price is at the top of the list

Sneakers and sports related footwear to continue on the rise

Premium ContentJan 27, 2022 / Business Conditions Survey
It doesn’t come as a surprise, but the conclusions from enquiring our Panel of Experts of the World Footwear Business Conditions Survey point to a continuation of the trend around sneakers and sports related footwear. Read more about it today

Digital, digital and more digital

Premium ContentJan 14, 2022 / Business Conditions Survey
Digital channels are increasingly important and during the onset of the COVID-19 pandemic, many retail businesses had to quickly adjust from in-store to digital sales. More then ever, the focus seems to be on the digital
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