Digital channels are increasingly important and during the onset of the COVID-19 pandemic, many retail businesses had to quickly adjust from in-store to digital sales. More then ever, the focus seems to be on the digital
The line between e-commerce and in-store retail continues to shrink in the mind of consumers, which gives a boost to the increase of the use of technology in-store
Since the first edition of the World Footwear Business Conditions Survey conducted in the second semester of 2019, this is the most positive result obtained: traders and manufacturers are extremely optimistic about footwear sales
The average export price of footwear has increased by more than 30% in the last decade. As new pressure points are felt in the footwear market, our experts believe that by 2025 the average footwear export price could be above 12 US dollars
The US-based brand of causal footwear has announced that it will acquire the casual footwear brand Heydude for 2.5 billion US dollars. The transaction should close in the first quarter of 2022
We asked our panel about their expectations regarding the evolution of footwear consumption in 2022, both in their home countries and globally. Expectations are cautious, despite the growth forecast, as a moderate rise is anticipated
The footwear retailer has partnered up with the technology company DoorDash to provide a same-day delivery service for US customers residing within 12-miles of the nearest store location
David Schröder, up until now Chief Financial Officer, will assume the newly created role of Chief Operating Officer (COO) to focus on scaling the German e-commerce platform’s growth
The luxury e-commerce platform has announced the acquisition of the resale platform Luxclusif. The deal includes Luxclusif’s technology and its team, which will join Farfetch's group
The Polish-based footwear group has unveiled its 'GO.25 Everything fashion. Omnichannel platform' strategy, with which it expects to triple annual revenue by 2025
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
There is a rising expectation about the evolution of footwear prices in the coming months. Our experts anticipate prices to continue to rise, as a result of several pressure points impacting the business. Get access to the latest Business Conditions report and find out more today
The Polish-based footwear group reported record revenue of 452.6 million euros (2.1 billion Poland Zloty) in the third quarter of 2021. Online sales accounted for 45% of total sales