27 July 2021
  
Highlights
 
World
Japan Retail: No Olympic medal for retail sales
Jul 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   
 
Companies
Ferragamo's revenue up by 44.1%
Jul 22, 2021 / Italy
The increase in revenue has been achieved despite the permanence, in some countries, of lockdowns and bans driven by COVID-19. On the 30th of June 2021, Ferragamo was operating with 53% of retail stores at full capacity   
 
Companies
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   
 
Companies
Lusocal focus on sustainability
Jul 26, 2021 / Portugal
Recycled materials, biodegradable products and renewable energy. The Portuguese-based components company is embracing global sustainability and cross-sectoral policies in its productive process   
 
Events
Latest edition of Expo Riva Schuh comes to a positive close
Jul 21, 2021 / Italy
2 700 visitors from 79 different countries and 406 exhibiting companies marked the 3 days of the Riva del Garda trade fair, in its return to an onsite event   

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