World Footwear

Sales

Crocs raises full year outlook

May 6, 2022 / United States
The US-based company reported revenue growth of 44% in the first quarter of 2022 over the same period of 2021. Fuelled by "strong consumer demand", Crocs raised its guidance

Skechers announces sales increase

Apr 27, 2022 / United States
The US-based footwear giant has reported record first quarter sales of 1.82 billion US dollars, which reflects an increase of 26.8%, as compared to the same period of last year

Join the 6th edition of the World Footwear Business Conditions Survey

Apr 6, 2022 / 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!

Japan Retail: retail prospects are again at stake

Premium ContentApr 4, 2022 / World Footwear Reports
Hope for a return to normality in March, following the lift of the quasi-emergency restrictions imposed to control the Omicron-variant outbreak at the end of 2021, appears to be off the picture. The impact of Russia’s invasion of Ukraine on households and companies, which is prompting a hike in commodities and food prices, can no longer be discarded. Most likely, the footwear retail growth momentum of the final months of last year will not be accompanied by an increase in prices to avoid scaring away consumers, whose confidence suffered yet another blow in front of the international conjuncture

H&M posts profit

Apr 1, 2022 / Sweden
The Sweden-based fashion group reported net sales growth in the first quarter of the current fiscal year, amidst concern over the impact of the Russia-Ukraine war

Caleres announces revenue and earnings growth

Mar 16, 2022 / United States
The footwear group reported consolidated net sales of 2.78 billion US dollars in year 2021. “Record-setting” fourth quarter results have provided momentum for the beginning of fiscal 2022

Dick’s Sporting Goods posts growth in 2021

Mar 10, 2022 / United States
The sporting goods retailer has reported net sales of 12.29 billion US dollars in the full year 2021, reflecting growth of 28.3% and 40.5%, on a comparable basis with fiscal 2020 and 2019

Footwear business not expected to be carbon neutral by 2050

Premium ContentMar 9, 2022 / Business Conditions Survey
Sustainability is becoming more of a real concern for businesses and inhabitants of this world. However, some claim this is just a fashion trend or a marketing tool. With that in mind we have asked our panel if the footwear industry will be able to be carbon neutral by 2050. Half of the respondents don’t believe that will happen

Rouble tumbles following Russia’s invasion of Ukraine

Mar 2, 2022 / Russian Federation
On Tuesday, the rouble pared some of the previous day’s heavy losses, as it plunged around 29% against the dollar on Monday morning, an all-time low, under pressure on foreign markets from Western sanctions

BCC emphasizes difficulties associated with the EU Trade deal

Feb 25, 2022 / United Kingdom
A report from the British Chambers of Commerce shows that 71% of UK exporters think that the EU trade deal is not enabling them to grow or raise sales; it has increased costs, paperwork and delays

Crocs announces record revenue

Feb 17, 2022 / United States
The US-based company of casual footwear has reported revenue increase of 66.9% in 2021, reaching 2.3 billion US dollars. For 2022, Crocs is expecting to exceed revenue growth by 20%

UK Retail: the first months of 2022 might be a cold shower for the expectations of retailers

Premium ContentFeb 14, 2022 / United Kingdom
Although the TCF sales index surpassed the 2018 baseline in November, the downwards trend of pessimism experienced among consumers since July last year is raising concerns. In fact, last month, the consumer confidence index dropped to its lowest level in 11 months. Retailers should be wary of consumers fears over surging inflation, rising fuel bills and the prospect of interest rises, while managing supply difficulties brought by the ongoing unwind of the Brexit process

China’s personal luxury market grew by 36% in 2021

Feb 4, 2022 / China
Chinese consumers spent around 471 billion yuan (74.3 billion US dollars) on personal luxury goods last year, despite challenges posed by the COVID-19 pandemic

Skechers closes 2021 with record sales

Feb 4, 2022 / United States
The US-based footwear giant reported record sales of 6.29 billion US dollars in 2021. The company remains confident about reaching 10 billion US dollars revenue by 2026

Cost of merchandise and raw materials is the main concern of the footwear business

Premium ContentFeb 3, 2022 / Business Conditions Survey
The COVID-19 pandemic created pressure on the global supply chains, which has resulted in shortages of materials and increased transport prices. The cost of merchandise and raw materials is now the main concern of the footwear industry
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