World Footwear

Retail

Kering reports strong sales growth

Aug 2, 2021 / France
The French-based luxury group announced results for the first half of 2021. Revenue for the period exceeded the levels recorded in 2019, indicating a strong rebound for the Kering group

Consumer confidence in the UK returns to pre-pandemic levels

Jul 29, 2021 / United Kingdom
The latest quarterly consumer tracker by Deloitte reported the highest consumer confidence since the end of 2019. Results are attributed to Governmental measures and success of the vaccination process

Steve Madden with 178.6% increase in revenue

Jul 28, 2021 / United States
The New York-based designer and marketer of footwear, accessories and apparel for women, men and children announced financial results for the second quarter ended on the 30th of June 2021

Crocs reports record revenue

Jul 27, 2021 / United States
The US-based brand of casual footwear reaffirms its momentum with record second quarter revenues of 640.8 million US dollars, despite supply chain disruptions. Revenue growth was strong across all regions

Skechers with record quarter sales

Jul 26, 2021 / United States
The US-based footwear giant has reported second quarter results. Skechers announced sales increasing by 127.3%, as a result of a 147.3% increase in domestic sales and a 113.7% increase in international sales

UK: 17 000 new high street stores could open

Jul 22, 2021 / United Kingdom
New research by Barclays Corporate Banking disclosed that thousands of local high street stores could open across the UK in the next 12 months as consumers adapt to a post-lockdown and are more focused on local shopping

Nordstrom with new Chief Human Resources Officer

Jul 22, 2021 / United States
The fashion retailer announced Farrell Redwine as its new Chief Human Resources Officer. She will join the executive team and report to Nordstrom CEO Erik Nordstrom

North Macedonia: retail continues its recovery

Jul 21, 2021 / North Macedonia
Retail sales in North Macedonia grew by 19.2% year-on-year in May, following a record 23.0% surge in the previous month, according to data released by the State Statistical Office (Makstat)

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

Zouri and O'Neill are teaming up

Jul 19, 2021 / Portugal
The North American brand joins the Portuguese brand to create a line of shoes with 12 unique models, which contain marine waste collected from Portuguese beaches

CCC is backing out of Austria

Jul 15, 2021 / Austria
Polish-based footwear company CCC is withdrawing from the Austrian market and Pepco will take over 29 of CCC Austria’s 46 stores. Decision takes effect by the end of September

UK retail sales jump 13.1%

Jul 14, 2021 / United Kingdom
According to the latest release by the British Retail Consortium, in the five weeks running from the 30th of May to the 3rd of July, sales increased by 13.1%

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

Growth in Romanian retail sales slows down

Jul 13, 2021 / Romania
According to figures from the Bucharest-based National Institute of Statistics (INS) Romania retail sales grew at a softer pace in the month of May

Singapore's retail sales rise 79.7%

Jul 9, 2021 / Singapore
Retail sales in the Asian country rose by 79.7% in May, with the growth due to the low base in the same period last year when physical stores were closed during the initial dissemination of the pandemic COVID-19
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