World Footwear

ecommerce

US Retail: a friendly atmosphere for retail

Premium ContentJul 20, 2021 / United States
The consumer confidence momentum in the US is in good shape, resulting in the best results achieved in more than a year. Footwear consumer prices have increased significantly since February, and after a long year of deflation this is good news for retailers. As for ecommerce, the post-pandemic normalization is expected to brake the online impetus. However, the expectation is that the upwards online share trend will resume at least at the pre-pandemic ending point

Australia: retail records steady rise

Jul 8, 2021 / Australia
According to the Australian Bureau of Statistics, retail sales in the country in May were up by 0.4%. This updates the 0.1% rise from the Preliminary Retail Trade release and represents an increase of 7.7% compared with May 2020

Nike with strong set of results

Jun 28, 2021 / United States
Nike reported fourth quarter revenue totalling 12.3 billion US dollars, up by 96% compared to prior year and increasing by 21% compared to the fourth quarter of 2019. Full year reported revenue increasing by 19% to 44.5 billion US dollars

Nike is the most resold fashion brand in the world

Jun 25, 2021 / United States
According to a new study conducted by Energy switching site SaveOnEnergy, Nike leads the rank of world’s most resold fashion brands. The site surveyed millions of listings across online resale platforms like eBay, Depop, ASOS Marketplace, Etsy and Vestiaire Collective

Mytheresa joins Vestiaire Collective to offer resale service

Jun 14, 2021 / Germany
Luxury e-commerce platform Mytheresa announced a partnership global app Vestiaire Collective. The partnership aims to drive the fashion industry’s shift towards more sustainable practices by introducing a resale service dedicated to Mytheresa’s high-end luxury customers

How is COVID-19 impacting footwear retail in different countries?

May 25, 2021 / World
With the world fast approaching 180 million cases of infected people and with vaccination now in place in several countries, we bring a summary of our latest Flash Reports focused on some key markets

Amazon to hire 75 000 people

May 22, 2021 / United States
The ecommerce giant is hiring 75 000 employees across fulfilment and transportation. Amazon announced an average starting pay of over 17 US dollars per hour. New hires who show proof of their COVID-19 vaccination receive an additional 100 US dollars

UK: online retail sales grow despite high street reopening

May 17, 2021 / United Kingdom
Online retail sales have continued to grow in April, rising 10.2% year-on-year, despite the reopening of the high street and against strong figures for April 2020. The latest IMRG Capgemini Online Retail Index reports

Zalando upgrades its outlook for fiscal 2021

May 13, 2021 / Germany
Following exceptionally strong and profitable growth in the first quarter, continued elevated growth levels in the second quarter, and a stable outlook for the second half of the year, Zalando is upgrading its outlook for the current fiscal year

US Retail: Will retail go back to the trend?

Premium ContentMay 10, 2021 / United States
Retail Sales in shoe stores started the year with a decreasing trend, putting an end in some recovery registered in the last months of 2020, especially when the stimulus checks started reaching the households. E-commerce is on an upward cycle, however, is not clear if the net result will be a good one, as its growth is taking place at the expenses of brick and mortar. Once again, as in other geographies already analysed in the past weeks, Consumer Confidence seems to be on a good track, translating the feeling that mass vaccination will knock COVID-19 soon. The question is: will retail go back to the trend?

Zalando launches pre-owned in 7 new markets

May 5, 2021 / Germany
After the launch in October 2020 in six European countries, the ecommerce giant has now fuelled the internationalization process of its “Pre-owned” business, by making it available in seven new markets

The Netherlands: retail turnover up by 6%

May 3, 2021 / Netherlands
According to the Statistics Netherlands (CBS), the Dutch retail sector recorded 5.9% year-on-year turnover growth in March 2021. Turnover in the non-food sector was up slightly, while the food sector suffered turnover losses

Italian and Spanish footwear risk additional taxes in the US market

Premium ContentApr 27, 2021 / Italy
The Digital Services Taxes (DST) and the reaction of the US with the threat to implement tariffs to products coming from 6 US trading partners are the hot topic at the moment in the footwear industry. Today we look into what that means for Italy and Spain

France Retail: Footwear Sales in Troubled Waters again

Premium ContentApr 22, 2021 / France
After a period of some return to normality, as reported in our previous Retail Flash for France, footwear retail in France plunged in November, to recover over the Christmas period. The up and down continued when we entered 2021. And the concern is raised: if 2020 was not good, and if other waves of the pandemic emerge, how will the footwear retail resist in 2021?

UK Retail: Christmas upsurge turns into big new dip at the beginning of 2021

Premium ContentApr 19, 2021 / World Footwear Reports
As a new wave of COVID-19 struck the UK and a new confinement hit the country after the New Year, retail sales of footwear slowed down again. One interesting fact comes from the indicator of consumer confidence, which is now increasing for two succeeding months. If vaccination in the UK succeeds, footwear sales decline might not persist. The question is what the impact will be for brick and mortar, as this virus seems to have been fatal for many high street players
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