World Footwear

Sales

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

Kering reorganizes its logistics process

Apr 12, 2021 / Italy
The group's new global logistics hub is located in Trecate (Novara, Piemonte), Northern Italy. The first part of the building has been operating since March 2020. The rest should be operational by the end of the second quarter 2021

Insufficient demand is the main difficulty faced by the footwear industry

Premium ContentApr 9, 2021 / Business Conditions Survey
We have asked the World Footwear' experts panel, gathering specialists from all over the world, about the main difficulties currently faced by the footwear companies all over the world. Insufficient demand was choosen by half of the respondents

Asia more optimistic about quantity of footwear sold

Premium ContentApr 7, 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 quantities of footwear sold. Find out about their answers today

Future of the footwear industry is uncertain, but the general outlook is positive

Premium ContentApr 6, 2021 / Business Conditions Survey
The World Footwear' experts panel, gathering specialists from all over the world, is foreseeing a slight recover for the footwear industry in 2021. Access the latest report and get free access to some of the main highlights of the last Business Conditions Survey

H&M falls to loss

Apr 6, 2021 / Sweden
The Swedish-based fashion retailer Hennes & Mauritz (H&M) reported a 21% drop in sales and now fell to a loss in the three months to the end of February. The latest restrictions to contain the spread of COVID-19 led to more than a third of H&M stores closed worldwide

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

Ireland with retail sales recovery in February

Mar 31, 2021 / Ireland
Volume of retail sales with positive growth in 10 business groups. The Central Statistics Office confirms the volume of retail sales increased by 13.9% in February

South Africa: impact of COVID-19 on the footwear industry

Mar 31, 2021 / South Africa
Jirka Vymetal, the Executive Director of SAFLIA - Southern African Footwear and Leather Industries Association, spoke with local magazine S&V about the state of the footwear industry in the country

Weyco: net sales down by 35.7% in 2020

Mar 31, 2021 / United States
The Milwaukee-based footwear group has announced financial results for the quarter and year ended on the 31st of December 2020. Net sales were down by 28.7% in the last quarter of the year. Accumulated loss for the year reached 35.7%

Yue Yuen’s sales down by 16% in 2020

Mar 28, 2021 / Hong Kong
During the year under review, the group recorded revenue of 8.44 billion US dollars, representing a decrease of 16.4% compared with the previous year. The fall in revenue was mostly attributed to the impact of the COVID-19 pandemic

Shoe Carnival with record quarterly net sales and net income

Mar 25, 2021 / United States
The Indiana-based retailer of footwear and accessories reported results for the fourth quarter and fiscal year ended on the 30th of January 2021. Shoe Carnival announced record quarterly net sales, net income and diluted net income per share

Ecco: sales drop by 20%

Mar 24, 2021 / Denmark
In 2020, the Denmark-based footwear company recorded net sales of 1.09 billion euros (compares to 1.36 billion euros in 2019) and profit before tax of 45 million euros

Zalando aims for 10% of Europe’s fashion market

Mar 24, 2021 / Germany
After what they called a strong financial year, the ecommerce giant significantly upgraded its growth ambitions and now aims to grow Gross Merchandise Volume (GMV) to more than 30 billion euros by 2025. Zalando are aiming for 10% of the European fashion market in the long-term

Clarks was already in difficulties before COVID-19

Mar 21, 2021 / United Kingdom
The footwear group published its annual report with reference to fiscal year ending on the 1st of February 2020. The results don’t reflect the full impact of the pandemic in the business or the recent change in the ownership
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