World Footwear

World Footwear Retail Flash Reports

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

US Retail: COVID-19 is no longer a concern for footwear retail

Premium ContentMar 25, 2022 / World Footwear Reports
The monthly shoe stores retail trajectory shows that footwear retail has begun to disregard any COVID-19 related concerns since the second quarter of 2021. However, there are other worries on the horizon. Consumers’ mood has been trailing a downwards trend, hitting the lowest value in January. At the same time, prices have been quickly increasing since September, and the global impact of Russia’s invasion of Ukraine might contribute to undermining future retail prospects

Germany retail: COVID-19 still looms on retail performance

Premium ContentMar 18, 2022 / World Footwear Reports
As of December 2021, the German TCF retail index is far from providing a crystal-clear reading. A sudden improvement in the last month of the year contrasts with mixed feelings on confidence and insights from various sources. The decline in footwear prices during that month, despite the unexpected inflation surge by 5.3%, adds up as another contradictory sign. While the picture is not quite transparent yet, it is safe to presume that the online shopping category is leaning towards pandemic-neutral growth

Spain Retail: leaving COVID-19 fears behind

Premium ContentMar 11, 2022 / Spain
Despite the spread of the Omicron variant in the last quarter of 2021, the TCF retail sales index shows overall a slow, but positive trend, and retailers’ confidence has not returned below pre-pandemic levels. Consumers are less optimistic, but the results are not substantially worse than two years ago. At the same time, they have embraced e-commerce, which seems to have demarcated itself from the course of the pandemic

France Retail: retailers more confident than consumers amid an uncertain environment

Premium ContentFeb 28, 2022 / World Footwear Reports
Although footwear retail sales in France have returned to pre-pandemic levels, the beginning of 2022 is being characterized by some uncertainty. Consumers’ mood has become more volatile towards the end of 2021, reaching minus 8 points in January, and rising inflation has not spared the sector. Nonetheless, retailers are proving to be more confident than consumers, displaying some insensitivity towards risks

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

Japan Retail: retail recovery didn't take place and confidence might be endangered if prices go up

Premium ContentDec 9, 2021 / World Footwear Reports
The expected retail boost from the Olympic games never took place in Japan, and the retail index is still below the normal pace registered before the pandemic. With the lifting of the State of Emergency things are expected to improve. If retailers are still lacking confidence, consumers seem to have improved their mood. However, with a rising expecting about the growth of prices, this could negatively impact the good mood of consumers and further deteriorate the confidence of retailers

US Retail: the holiday season might not be enough to withdraw the retailer's worries

Premium ContentNov 29, 2021 / World Footwear Reports
The Retail Sales Index in the US Shoe Stores has registered a favourable pace between March and August, which could give good perspectives for the near future. However, footwear retail gains are dwindling, closing at only 4 percentage points upside in August, after 11pp above the line in March. On top of that the consumers’ mood is plunging again and with inflation entering a danger zone in the US, retailers have reasons to be worried, especially if footwear prices stay in the upper range for a longer time

Germany Retail: too early to claim victory on the retail performance

Premium ContentNov 11, 2021 / World Footwear Reports
In recent months, the Textile Retail Index (including Clothing & Footwear) in Germany compares well to the pre-pandemic 2019 data. However, one must remember that 2019 was a terrible year for the German economy. As we write this Retail Flash, the consumer price index for footwear is following the upwards movement of prices in general and retailers are now looking on how to offset higher costs of raw materials and logistics in footwear imported from overseas. That said, it seems too early to claim victory on the retail performance in Germany

Retail take-off in Spain is not clear, despite improvement in confidence

Premium ContentNov 4, 2021 / World Footwear Reports
Retail Sales Index in specialized stores in Spain are still some 20 percentage points below the pre-pandemic levels, registered in 2019. Confidence seems to be improving for consumers and retailers, but importers are more cautious. Online continues with a good performance, however, the online share is not enough to push retail up. Developments in the coming months will reveal the way for retail in Spain

France Retail: consumers confidence and footwear retail back to pre-pandemic levels

Premium ContentOct 28, 2021 / World Footwear Reports
The increase in French footwear imports from May onwards reflects the reaction of importers following the COVID-19 wave earlier in the year. In the third quarter of the current year, consumers’ confidence and footwear retail figures have shown a return to the pre-pandemic levels. In this scenario, the expectation is that footwear sales could accelerate soon, even before the year ends

UK Retail: COVID-19 might be alleviating but there is still no sunrise for Retail

Premium ContentOct 19, 2021 / United Kingdom
As vaccination levels increase and the restrictive measures are lifted the UK retail industry could be on the expectation that solid improvement would be on the way. However, Consumer Confidence has been fading away since July, and Textile, Clothing & Footwear store sales have been on a slide in the last few months. With the supply chain issues impacting the footwear industry and the lorries shortage, this could be a perfect storm for more bad news

Japan Retail: No Olympic medal for retail sales

Premium ContentJul 27, 2021 / Japan
June started with some good perspectives as consumer morale in the Japanese market was the strongest in 16 months. However, the retailer’s sentiment is not accompanying, and a new State of Emergency in Tokyo is not promising good news. The Apparel & Accessories (including footwear) Retail Sales Index also suffered from less consumer confidence after March. And with no international visitors going to Japan to attend the Olympics, recovery chances of the retail industry will definitely be impacted

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

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
Page 1 of 3