World Footwear

ecommerce

US Retail: it’s all about the prices

Premium ContentFeb 28, 2024 / United States
There are signs that footwear retail sales could rise moderately in the near term, but this will all depend on future price behaviour. On the one hand, the CPI suggests that the risk of renewed price rises is well contained, but on the other hand, retailers continue to manage excess inventories, so their pricing power may not be more evident until 2024. Perhaps better news comes from consumers’ inflation expectations for the next 12 months, as they seem to believe that they will get a break from inflation, which usually leads to more discretionary demand

Footwear consumption to grow by 9.5% in 2024

Premium ContentFeb 22, 2024 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, we asked our panel about their expectations regarding the evolution of footwear consumption in the next year. Learn all about it in this new article

Pressure on the cost of materials continues to rank as the main difficulty for the business

Premium ContentFeb 19, 2024 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, 46% of the surveyed experts listed the cost of merchandise and raw materials as the number one difficulty for footwear businesses in the next six months

Farfetch CEO José Neves steps down

Feb 19, 2024 / United Kingdom
Following Farfetch’s acquisition by South Korea’s Coupang in December, José Neves, who founded the luxury e-commerce platform in 2008, is stepping down from the CEO role

Importance of digital retail channels will continue to increase, survey reveals

Premium ContentFeb 14, 2024 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, half the experts surveyed said they believe digital retail channels will increase their share in footwear sales in the next three years

Footwear retail prices expected to increase

Premium ContentFeb 7, 2024 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, panel members revealed their expectations regarding future increases in footwear retail prices. A sentiment influenced by the high inflation recently experienced

Germany Retail: despite some good news, retailers continue to worry

Premium ContentFeb 1, 2024 / World Footwear Reports
German retailers’ worries are not over. Despite a slight uptrend in the Textile, Clothing, and Footwear (TCF) Retail index, in line with the recent positive trend in consumer confidence indicators, their concerns go well beyond nominal performance and focus on whether inflation will continue to erode margins. Put simply, passing on costs to customers or closing down altogether is still keeping them up at night. As the first quarter is traditionally slow, and the volatile geopolitical situation could change at any moment, we are cautious about making near-term forecasts

Positive perspectives regarding the health of footwear business

Premium ContentJan 30, 2024 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, we have asked our panel members about their opinions regarding the health of their businesses in the next six months. Get free access to the report with the main conclusions

Farfetch shareholders join forces to oppose the takeover of Coupang

Jan 30, 2024 / United Kingdom
A group of Farfetch shareholders have come together to block South Korean e-commerce firm Coupang’s impending takeover of the luxury e-tailer, citing an untransparent sales process

Employment: stabilisation is the word for the footwear industry

Premium ContentJan 25, 2024 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, two-thirds of our panel members responded that they believe the level of employment will stabilise in the next few months. Get free access to the report with the main conclusions

Spain Retail: clouds are lifting for retail

Premium ContentJan 19, 2024 / World Footwear Reports
Despite some concerns about inflation, retailers were optimistic about their prospects for the end of 2023, and data on imports at least confirmed a stabilisation in the footwear trade on favourable grounds. Looking at our previous Retail Flash, it’s now safe to say that the clouds are lifting over retail in Spain. On a different note, online fashion has clearly lost the momentum generated during the pandemic

Footwear industry with optimistic expectations for the future

Premium ContentJan 18, 2024 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, our panel members predicted an increase of 7.3% in footwear prices over the next six months. Get free access to the report with the main conclusions

South Korean Coupang acquires Farfetch

Dec 19, 2023 / United Kingdom
The South Korean e-commerce giant has agreed to buy Farfetch in a bailout deal, providing the online luxury platform with 500 million USD in emergency funding. Deal to acquire a 47.5% stake in Yoox Net-a-Porter is off

US online sales to exceed 1.1 trillion dollars in 2023

Dec 5, 2023 / United States
E-commerce sales in the US are on track to exceed 1.1 trillion US dollars in 2023, up by 7% over 2022. But this growth is set to be the weakest since the 2009 recession

LAST CALL!! Join the 9th edition of the World Footwear Business Conditions Survey

Dec 4, 2023 / 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!
Page 1 of 24