World Footwear

ecommerce

LVMH extends partnership with Alibaba

May 28, 2024 / France
The French-based luxury group has extended its partnership with the Alibaba Group for the next five years to enhance its omnichannel strategies and digital presence in China

Footwear survey reveals optimistic outlook

Premium ContentMay 21, 2024 / Business Conditions Survey
The results of the 10th edition of the World Footwear Business Conditions Survey are now available. Despite the macroeconomic scenario, the overall outlook remains optimistic

Zalando Co-founder David Schneider steps down from his role as co-CEO

May 16, 2024 / Germany
The German-based online retailer has announced that David Schneider will step down from his role as co-CEO to focus exclusively on managing strategic partnerships and brand relationships

Zalando reports improved financial results

May 10, 2024 / Germany
The German-based online fashion retailer has reported a 1.3% increase year-over-year in gross merchandise volume in the first quarter of the year and a 29.6-million-euro reduction in losses

Amazon announces first quarter results

May 7, 2024 / United States
A solid start to 2024 for the Seattle-based online giant. Amazon reported a 13% year-over-year increase in net sales in the first quarter, with all segments contributing to the result

Asos announces stock reduction ahead of target

Apr 24, 2024 / United Kingdom
The online retailer widened its losses in the first half of its fiscal year, but said its turnaround plan was progressing well, highlighting that it had reduced its stock levels ahead of target

LAST CALL! Join the 10th edition of the World Footwear Business Conditions Survey

Apr 16, 2024 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!

SECOND CALL! Join the 10th edition of the World Footwear Business Conditions Survey

Apr 8, 2024 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!

Japan Retail: trade did not improve at the end of 2023, but a recovery is not out of the picture

Premium ContentApr 1, 2024 / Japan
As anticipated in the previous edition of the WF Retail Japan, trade (physical and online) did not improve at the end of 2023. What’s more, the country unexpectedly slipped into recession amid sluggish consumption and pressure on retail costs due to the weak yen. However, it’s expected that the easing of consumer inflation and the recovery of wages due to labour shortages could occur in the first half of 2024 and both consumer and retailer sentiment is on an upward trend. So perhaps a modest recovery could take place soon

Remarkable performance by Temu owner PDD

Mar 25, 2024 / China
The Chinese e-commerce group PDD Holdings reported a “pivotal” year in the company's history, with revenue up by 123% year-on-year and profits up by 146% in the fourth quarter, driven by growing demand

Join the 10th edition of the World Footwear Business Conditions Survey

Mar 22, 2024 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!

Amazon closes 2023 with strong fourth quarter

Mar 19, 2024 / United States
The Seattle-based online giant ended 2023 on a high note, with a strong fourth quarter that saw significant increases year-on-year in net sales, operating income and net income

World Footwear Voices: interview with Kubilay Genckan from Alibaba.com

Premium ContentMar 6, 2024 / World Footwear Voices
Today we bring you a conversation with Kubilay Genckan from Alibaba.com. Watch the new episode of the World Footwear Voices dedicated to discussing some of the pressing issues around the business of B2B platforms

Impact of COVID-19 in the supply chain

Premium ContentMar 5, 2024 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, we asked our experts about their opinion on the impact that the COVID-19 pandemic had on the location of footwear production for major international brands

US Retail: it’s all about the prices

Premium ContentFeb 28, 2024 / United States
There are signs that footwear retail sales could rise moderately in the near term, but this will all depend on future price behaviour. On the one hand, the CPI suggests that the risk of renewed price rises is well contained, but on the other hand, retailers continue to manage excess inventories, so their pricing power may not be more evident until 2024. Perhaps better news comes from consumers’ inflation expectations for the next 12 months, as they seem to believe that they will get a break from inflation, which usually leads to more discretionary demand
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