Shoes
US Retail: consumer confidence collapses while footwear retail slowly loses its drive
Despite the declining trend of the monthly shoe store retail sales and persistent macroeconomic headwinds such as supply chain disruptions and the continuous rise of inflation, US companies are displaying some optimism towards the remaining year. That is not the same as saying there is no caution or concerns on the horizon. The pace of the increase in footwear prices is in fact slowing, suggesting that the pressure of demand might be no more at work in the US. The critical point is that consumer confidence collapsed due to inflation and the war in Ukraine, which might restrain consumer spending this year
Spain: price is the main factor consumers look at when doing a purchase
According to the Association for Media Research (AIMC), price was the main factor considered by Spanish when buying clothing and accessories last year, followed by quality and comfort
Complexity of a shoe must be considered for a successful green transition
The European social partners of the textiles, clothing, leather, and footwear (TCLF) sectors adopted a joint statement calling for action to ensure a successful green and digital transition
War on Ukraine to negatively impact footwear
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the expectations of our panel of international footwear experts
Global personal luxury goods market to reach 360 to 380 billion euros by 2025
Despite the challenges and disruptions that happened at the start of 2022, the global luxury market will reach 360 to 380 billion euros by 2025, following the rebound experienced in 2021
Brazil: footwear exports on the rise
In the first five months of the year, Brazilian footwear exports increased in both volume and value. The footwear industry is benefiting from US demand for suppliers outside Asia
Quantity of footwear sold expected to increase
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the expectations of our panel of international footwear experts
Founder of Rockport & Samuel Hubbard Shoe dies
Bruce R. Katz, the founder of both the Rockport Shoe and Samuel Hubbard companies, passed away on the 26th of June, at 75, after suffering injuries from a fall at his home in California
ASSOMAC and UITIC join to organise 2023 Congress
The partnership between the National Association of Italian Manufacturers of Footwear, Leathergoods and Tanning Technologies (ASSOMAC) and the International Union of Shoe Industry Technicians (UITIC) has been announced during a press conference in Milan
Bangladeshi leather exports surpass strategic target set for the year
From July 2021 to May 2022, overall leather exports totalled 1.11 billion US dollars, topping the strategic target set of 1.03 billion US dollars for the full financial year
Angela Ogbechie is Deckers new Chief Supply Chain Officer
The California-based brand footwear, apparel and accessories has promoted Angela Ogbechie to the newly created role of Chief Supply Chain Officer. David Lafitte will step down as Chief Operating Officer
Employment level to increase in the footwear industry
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the expectations of our panel of international footwear experts
Zalando acquires majority stake in Highsnobiety
With the transaction, multi-media global brand Highsnobiety will retain its editorial independence, with creative agency work remaining fully autonomous and management structure unchanged. Founder and CEO, David Fischer retains a minority stake in the business
Strong expectations for the health of footwear businesses
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the expectations of our panel of international footwear experts
More than 8 000 visitors at the latest edition of Expo Riva
Under the umbrella of innovation and sustainability, the 97th edition of Expo Riva Schuh & Gardabags attracted more than 8 000 visitors from 103 countries and exhibitors from over 41 countries-
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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