World Footwear

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Global footwear production up by 8.6% in 2021

Premium ContentAug 9, 2022 / World Footwear Yearbook
This is one of the main conclusions of the World Footwear 2022 Yearbook, recently released, and focusing on the analysis of the footwear industry in 2021. Read more about it today

Elias Gröndal: the European footwear industry will be very strong

Premium ContentAug 1, 2022 / Sweden
Today we spoke with Elias Gröndal, founder and CEO of the online footwear sourcing platform FindSourcing, now Resourced. We discussed some of the main topics impacting the footwear industry at the moment. Watch the video with our conversation

Footwear in Switzerland – a country snapshot

Premium ContentJul 25, 2022 / World Footwear Reports
After focusing on the footwear business in Poland, South Africa, South Korea and Russia, today, we bring you a new country snapshot, this time analysing in detail the Swiss footwear industry

Port bottlenecks in the US are spreading into freight rail networks

Jul 6, 2022 / United States
The bottlenecks that have constrained the country’s supply chains are now extending from the docks to the freight rail networks, raising costs and difficulties for importers

Spain Retail: sales increase in the first quarter despite tricky macro-environment

Premium ContentJun 22, 2022 / World Footwear Reports
Following an abrupt drop in consumers’ confidence in March due to the war in Ukraine, on top of an alarming inflationary climate, Spanish consumers appear to regard the current situation as temporary. In fact, retail sales of clothes and accessories have increased by 19.1% in the entire first quarter of 2022, despite less generous discounts thanks to this year’s cost inflation. Margin protection is certainly at the top of retailers’ agenda now. Meanwhile, the online and physical retail are somehow at a truce

Zalando acquires majority stake in Highsnobiety

Jun 21, 2022 / Germany
With the transaction, multi-media global brand Highsnobiety will retain its editorial independence, with creative agency work remaining fully autonomous and management structure unchanged. Founder and CEO, David Fischer retains a minority stake in the business

Kohl’s in talks to be bought by Franchise Group

Jun 17, 2022 / United States
The American-based department store chain has entered into exclusive negotiations with Franchise Group for a period of three weeks. Franchise proposed to acquire the retail chain for 60 US dollars per share

Allbirds expands distribution to Nordstrom

Jun 10, 2022 / United States
Nordstrom customers can now shop men's and women's Allbirds styles at 14 select stores.Later this year, Allbirds will expand their selection, which will be available to shop on Nordstrom.com, at Center Stage in New York City and in more Nordstrom stores

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

Zalando posts sales decline

May 11, 2022 / Germany
Amid a volatile market environment, the online retailer informed that revenue declined by 1.5% in the first quarter of 2022, as compared to the same period last year, totalling 2.2 billion euros

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

Nike accelerates its DTC strategy

Mar 3, 2022 / United States
Foot Locker is expecting its amount of Nike products to decline thanks to its accelerated strategic shift to DTC, but also due to the retailer’s own diversification efforts

ABG completes the acquisition of Reebok

Mar 1, 2022 / United States
Authentic Brands Group has announced that it has finalized the acquisition of Reebok from adidas, its largest acquisition to date

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
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