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Germany Retail: Better confidence with cautious retailers

Premium ContentJul 13, 2021 / World Footwear Reports
The confidence background for retail in Germany is getting better, being the improvement noticeable for both consumers and retailers. Notwithstanding, the seasonally adjusted Textile, Clothing and Footwear (TCF) Retail Index has been rather volatile since December, with new decline registered in April, closing about the same 40 percentage points (pp) below the baseline as one year before. Online retail seems to be a winner, once again, and a recent study by McKinsey confirms that the online purchase during COVID-19 for footwear was 61% with a positive net intent of +26 pp to continue to do so after the pandemic

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

Spain Retail: are consumers curing their entrenched pessimism?

Premium ContentJul 6, 2021 / World Footwear Reports
As the new pandemic wave seems to be fading away in Spain, indicators are improving. In the last two months with data available (March and April) Footwear Imports and the Textile, Clothing and Footwear (TCF) Retail Index performed much better than in 2020. Adding to list of good news is the consumers and retailers' confidence at their maximum scores since March 2020. With the online retail being at its maximum as well, the question now is whether omnichannel strategies from physical operators will be strong enough?

Ireland: retail sales volumes up by 44%

Jun 29, 2021 / Ireland
Retail sales increased by 1.8% in May 2021 when compared to April 2021 on a seasonally adjusted basis. On an annual basis, retail volumes were 44.0% higher than in May 2020. The retail sales figure for May 2021 was 6.8% higher when compared to two years earlier

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

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

Micam to return to physical format in September

May 17, 2021 / Italy
After the Government has announced the easing of the restrictions in place and as physical trade fair events are again allowed in Italy, Micam has announced the dates for its next edition. The footwear industry will gather in Milan from the 19th to the 21st of September 2021

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

Germany Retail: After some successful months, retail took a massive hit by the end of 2020

Premium ContentMay 4, 2021 / World Footwear Reports
After the initial hit back in the first months of 2020, the impact of the pandemic in German retail sales seemed to be manageable for most of the year. However, in the last two months of 2020 the plot of the story changed, and with strength. As in other geographies, the bad news for the offline channels has been accompanied by good news for the online. Will this be enough? Most people believe it will not. The good news seems to come from the confidence indicators: consumer pessimism seems to be fading away. And retailers seem to follow. Will confidence beat COVID-19?

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

Nona Source: online resale platform for materials from LVMH Fashion & Leather Goods Maisons

Apr 29, 2021 / France
The French multinational corporation and conglomerate specializing in luxury goods has announced the launch of Nona Source, the first online resale platform for “re-sourcing” materials from the Group’s Fashion & Leather Goods Maisons

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

Matt Priest: we are 100% against the duties

Premium ContentApr 26, 2021 / United States
We spoke with the President & CEO of the Footwear Distributors & Retailers of America to go over the topic of the moment: the US threat of duties on footwear imported from Spain, Italy and the UK
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