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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?

UK Retail: Anticipating a new Retail Normalcy

Premium ContentJun 21, 2021 / United Kingdom
With the seasonally adjusted TCF (Textile, Clothing & Footwear) Retail Sales Index successfully resuming the 2018 baseline, a new Retail Normalcy is anticipated. Importers, on their side, have well sensed since February that retail was about to reignite, as depicted by the increase in the monthly footwear imports. As the vaccination process evolves favourably in the UK, Consumer Confidence in the country seems to be unstoppable

Brazilian footwear industry concerned with possible FTA Mercosur-Vietnam-Indonesia

Jun 15, 2021 / Brazil
The local association is concerned with the idea of carrying out an unrestricted trade opening for foreign products, with the reduction of the tariffs on imports. The possibility to have an FTA with Vietnam and Indonesia is already in the process of public consultation

Macy's is opening 45 Backstage locations

May 14, 2021 / United States
The off-price banner launched in 2015 by Macy is now on expansion mode. Considered a major success by Macy, who now decided to open 45 new shop-in-shops

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?

Stella: shipment volume and revenue improve from low base in 2020

Apr 30, 2021 / China
In a business update provided to the market, Stella confirmed the Group’s unaudited consolidated revenue increased by 15.3% to approximately 303.4 million US dollar, compared to approximately 263.2 million US dollar for the corresponding period in 2020

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

Sneakers and sports-related footwear expected to gain market share

Premium ContentApr 12, 2021 / Business Conditions Survey
Specialists from all over the world, gathered in our World Footwear' experts panel, believe sneakers and other sports related footwear, as well as other footwear with textile uppers, will continue to gain market share in the near future

Manufacturers more pessimistic about prices than traders

Premium ContentApr 8, 2021 / Business Conditions Survey
In our most recent edition of the World Footwear Business Conditions Survey we have asked our panel of experts about their forecast regarding the evolution of prices in the footwear industry. Find out about their answers today

UNIC issues warning over raw materials price increases

Apr 7, 2021 / Italy
According to publication ILM, the Italian Tanners Association (UNIC) is concerned over the potential increases in the prices of materials for the industry

Footwear consumption to increase this year, but pre-pandemic levels should not be reached before 2023

Premium ContentApr 5, 2021 / Business Conditions Survey
The World Footwear' experts panel, gathering specialists from all over the world, is foreseeing a slight recover in footwear consumption during 2021 (+2.8%). Pre-pandemic levels shouldn't be reached before 2023

Spain Retail: After the hit of COVID-19, retail is still trying to recover

Premium ContentDec 21, 2020 / Spain
Similarly to what happened in other countries, the Textile, Clothing and Footwear (TCF) Retail Sales have lived dramatic moments with the first wave of COVID-19 hitting Spain, one of the European countries with most critical sanitary emergency. TCF sales almost disappeared in April and although the scenario improved from there, one cannot say that recovery materialised completely in the South Europe country

European retail collapses

Premium ContentDec 18, 2020 / Europe
After registering growth, albeit moderate (1%), in 2019, the European clothing and footwear retail sector is being heavily penalized by the pandemic. Up to September, the cumulative drop in retail sales of the Textile, Clothing and Footwear sectors amounts to 24.4%

Germany Retail: The shoes must go on! But COVID-19 is still not off the stage

Premium ContentDec 14, 2020 / Germany
One of the key footwear players took a massive hit with the dissemination of the pandemic inside its borders. During the first COVID-19 wave, footwear retail almost collapsed in Germany, but the recovery was faster than what was initially expected, and September was marked by optimism. However, a partial lockdown in the Autumn and not very good perspectives for Christmas are anticipating bad news for Germanic retailers, once again, and even before a full recovery has been achieved
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