World Footwear

Coronavirus - Covid19

Stella posts growth over 2021

Jan 19, 2022 / Hong Kong
The Hong Kong-based footwear manufacturer and retailer has reported that its unaudited consolidated revenue for 2021 increased by 35.6% over 2020, reaching 1.54 billion US dollars

Imanol Martinez (FICE): sustainability is an opportunity for producers in Southern Europe

Premium ContentJan 13, 2022 / Spain
Today we bring you the second part of a conversation with Imanol Martinez, Marketing Director of FICE, the Federation of Spanish Footwear Industries. Learn his views on sustainability and challenges of the footwear industry as we are coming out of the COVID-19 crisis

Strike at Pou Chen’s factory in Vietnam

Jan 12, 2022 / Vietnam
Thousands went on strike at a factory in southern Vietnam that belongs to the Taiwanese manufacturer of branded sports footwear. Employees are demanding better year-end bonuses

Merrell donates 25 000 US dollars to the Boulder County Wildfire Fund

Jan 12, 2022 / United States
The brand has announced that it will not attend the upcoming Outdoors Retailer's event due to COVID-19 concerns. Instead, it will donate the saved money to the Boulder County Wildfire Fund

Imanol Martinez (FICE): work that would be done in 4 years was done in 6 months

Premium ContentJan 6, 2022 / Spain
Today we share with you the first part of a conversation with Imanol Martinez, Marketing Director of FICE, the Federation of Spanish Footwear Industries. Amongst other topics, we talked about the COVID-19 crisis and its impacts in the footwear industry

Average footwear export price to grow 20% by 2025

Premium ContentJan 3, 2022 / Business Conditions Survey
The average export price of footwear has increased by more than 30% in the last decade. As new pressure points are felt in the footwear market, our experts believe that by 2025 the average footwear export price could be above 12 US dollars

Footwear consumption with moderate growth in 2022

Premium ContentDec 27, 2021 / Business Conditions Survey
We asked our panel about their expectations regarding the evolution of footwear consumption in 2022, both in their home countries and globally. Expectations are cautious, despite the growth forecast, as a moderate rise is anticipated

UK: Plan B impacts footfall negatively

Dec 15, 2021 / United Kingdom
The Plan B enacted by the UK's Government to fight the new wave of the COVID-19 pandemic will lead to a significant drop in footfall, especially in central London

Japan Retail: retail recovery didn't take place and confidence might be endangered if prices go up

Premium ContentDec 9, 2021 / World Footwear Reports
The expected retail boost from the Olympic games never took place in Japan, and the retail index is still below the normal pace registered before the pandemic. With the lifting of the State of Emergency things are expected to improve. If retailers are still lacking confidence, consumers seem to have improved their mood. However, with a rising expecting about the growth of prices, this could negatively impact the good mood of consumers and further deteriorate the confidence of retailers

Prices of footwear to continue to increase

Premium ContentDec 3, 2021 / Business Conditions Survey
There is a rising expectation about the evolution of footwear prices in the coming months. Our experts anticipate prices to continue to rise, as a result of several pressure points impacting the business. Get access to the latest Business Conditions report and find out more today

Shortage of raw materials threatens Indonesian footwear industry

Dec 3, 2021 / Indonesia
The footwear industry fears a raw materials’ crisis due to the ongoing energy crisis in China, which is causing a delay in deliveries. The sector remains very dependent on Chinese products

Mexico: footwear industry expects to close 2021 with growth

Dec 1, 2021 / Mexico
The Chamber of the Footwear Industry of the State of Guanajuato (CICEG) forecasts that the footwear industry will close the year with growth of 25%, on a comparable basis to 2020

US Retail: the holiday season might not be enough to withdraw the retailer's worries

Premium ContentNov 29, 2021 / World Footwear Reports
The Retail Sales Index in the US Shoe Stores has registered a favourable pace between March and August, which could give good perspectives for the near future. However, footwear retail gains are dwindling, closing at only 4 percentage points upside in August, after 11pp above the line in March. On top of that the consumers’ mood is plunging again and with inflation entering a danger zone in the US, retailers have reasons to be worried, especially if footwear prices stay in the upper range for a longer time

UK retail sales picked up in October

Nov 29, 2021 / United Kingdom
According to the UK’s Office for National Statistics (ONS), October retail sales volumes increased for the first time in six months in October 2021, most likely due to early Christmas shopping

Larger footwear companies are more optimistic about employment

Premium ContentNov 26, 2021 / Business Conditions Survey
Although COVID-19 is still one of the topics of the moment, most of the experts of the World Footwear Business Conditions Survey believe the coming months will be positive with favourable expectations about the levels of employment in the business
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