World Footwear

World Footwear Reports

US Retail: slower growth for retail in the coming months

Premium ContentMar 14, 2023 / United States
The available data suggests that footwear sales dipped in the last quarter of 2022. With inflation eating the wage growth and impacting the stability of the labour market, US consumers appear to have deemed footwear purchases as not essential. This situation is somewhat corroborated by the negative performances of several companies in the fashion category, such as Capri, Nordstrom and VF Corp, in the fourth quarter of the year. Their main concern relates to the excess inventory, which led to a highly promotional environment and caused imports to reduce. Accounting for the mixed feelings on the consumers’ side, it is safe to endorse cautious prospects for retail for these first months of 2023

Sustainable, please. But not more expensive!

Premium ContentMar 7, 2023 / Business Conditions Survey
Sustainability is on the agenda of most footwear brands. Given such importance, in the latest edition of the World Footwear Business Conditions Survey we have asked our experts if consumers will be willing to pay more for sustainability

Germany Retail: one swallow doesn’t make a summer

Premium ContentMar 6, 2023 / World Footwear Reports
Despite the upturn in consumer confidence observed in the last quarter of 2022, there is still much concern among retailers. Footwear imports are following an upward trend since October, which could be read as a good sign concerning the health of retail, but German businesses are quite familiar with the sensitivity of their consumers to slight changes in overall economic conditions, and inflation is still expected to impact directly sales. Caution seems definitely to be the watchword at the start of 2023

Spain Retail: retailers and consumers have shown themselves resilient at the end of 2022

Premium ContentFeb 27, 2023 / World Footwear Reports
The Textile, Clothing, and Footwear (TCF) retail sales index has improved in the fourth quarter of last year and several companies in the category appear to be less fearful about 2023, especially after their positive annual results. Moreover, retailers’ and consumers’ confidence indicators are showing that despite some lingering pessimism due to the challenging macroeconomic environment, things won’t get necessarily worse in the short term.

France Retail: inflation will yet impact retail, but there is a light at the end of the tunnel

Premium ContentFeb 20, 2023 / World Footwear Reports
Figures by the Banque de France suggest that retailers may have felt some relief in December 2022, but the weight of inflation in these results must not be overlooked, with turnover growing quite faster than the production itself. Moreover, the impact of inflation on footwear might yet be to be felt. French consumers tend to purchase the category during sales, but retailers may not be able to make the big discounts that would make consumers shop in a context of still significant inflation due to the need of preserving margins. However, there are signs of light at the end of the tunnel, as retailers’ and consumers’ confidence indicators show that there is room, at least, for the ceasing of confidence deterioration in 2023.

Sneaker’s share to continue increasing

Premium ContentFeb 14, 2023 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, we asked our panel of experts how they expected sneakers’ share of international footwear trade to evolve by 2050

UK Retail: bad odds for retail should consumer confidence remain on the floor

Premium ContentFeb 13, 2023 / World Footwear Reports
The Textile, Clothing, and Footwear (TCF) by the ONS stood above the 2019 baseline in the last two months of 2022, no doubt sustained by Christmas sales. But forecasts for the coming months are not so positive. The strain on household budgets due to the cost-of-living crisis will prove to be a challenge for retailers as well because while ongoing inflation will make sales appear to be rising, volumes will decline. Consumer confidence may be key in this equation. Even if it slightly improved in December, it was the first time in the GfK’s consumer confidence survey in the nearly 50-year history that a run of nine successive months of -40 pp or worse occurred. Should this continue, the odds are not good for retail

How can Additive Manufacturing (3D printing) be used by the footwear and leather goods sectors?

Premium ContentFeb 7, 2023 / World Footwear Reports
Just released! World Footwear Innovation Paper focused on new manufacturing tools available to the footwear and leather goods sectors and understand what 3D printing can do for your business

2023 could bring a loss of 56 million pairs in Europe's consumption

Premium ContentJan 30, 2023 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, we have asked our panel of experts about their perspectives regarding footwear consumption, in their domestic market and globally

Cost of merchandise and raw materials is the main concern of the industry

Premium ContentDec 30, 2022 / Business Conditions Survey
In the current edition of World Footwear Business Conditions Survey, problems associated with the cost of merchandise and raw materials account for more than 80% of responses relating to the main difficulties felt by the footwear industry

Employment in the sector not expected to grow in 2023

Premium ContentDec 26, 2022 / Business Conditions Survey
According to the perspectives of the most recent edition of the World Footwear Business Conditions Survey, conducted in November, employment in the footwear industry should stabilize or decrease in the next few months

Footwear prices to increase 11%

Premium ContentDec 19, 2022 / Business Conditions Survey
Our panel of experts expects footwear prices to increase over the course of the next six months. This is one of the main conclusions of the World Footwear Business Conditions Survey conducted in November. Read more about it today

Consumption stagnation, price increases, and drop in employment expected for 2023

Premium ContentDec 9, 2022 / Business Conditions Survey
This is the main outcome of the most recent edition of the World Footwear Business Conditions Survey, conducted in November. Today we bring you a summary of some of the main conclusions

Consumption stagnation, price increases, and drop in employment expected for 2023

Dec 5, 2022 / Business Conditions Survey
This is the main outcome of the most recent edition of the World Footwear Business Conditions Survey, conducted in November. Today we bring you a summary of some of the main conclusions

US Retail: not all news are bad for retail

Premium ContentNov 8, 2022 / United States
The available data suggests that retailers made sure to fill up their stocks this year, most likely causing supply to outstrip demand. But while demand may have slowed down, mainly due to high inflation, spending has not ceased, and retailers are expected to increase their promotions through the end of the year to dispose of marked-down excess inventory. Consumer confidence indicators are somewhat mixed, but it is safe to assume that, at least, it has stopped bleeding. In fact, the contrast with European consumers is clear, showing that US shoppers are less sensitive to the geopolitical risks concerning the ongoing war in Ukraine. Meanwhile, though slowly, footwear prices increases are starting to decelerate
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