Consumption
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
Why healthy footwear is important for consumers
Having comfortable shoes is important, especially for consumers who are aware of the long-term issues of having poorly designed shoes. Can footwear companies adapt to consumers healthy preferences?
Brands producing ethical footwear
In the competitive industry of footwear, brands like Indosole and Ethletlic standout in the market for being ethical producers
Challenges and opportunities for footwear producers
The rapid pace of urbanization and the constantly-changing consumer preferences are affecting footwear markets. Companies in this sector should be prepared to face these challenges
2 High-tech innovations that will change the footwear industry
3D printing and Virtual reality are innovative technologies that companies are using to change the way consumers experience footwear
Fast paced growing imports threatening the Argentinian industry
The growth of 62% in footwear imports so far this year combined with the fall in domestic consumption and the rise in production costs had a strong impact on the sector
Footwear retail trade largely dissatisfied
The BDSE confirmed that according to a recent survey with owner-run shoe retailers in Germany, 75% of shoe stores were unable to reach their previous year’s figures-
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