Today, we bring you a new country snapshot, this time focusing on Russia. With a geographical area of 17 million km2, Russia is the largest country in the world and hosts 144.3 million people (2020). It is the fifth-largest economy in Europe, being one of the world’s leading producers of oil and natural gas, and a top exporter of metals such as steel and aluminum
Amid a volatile market environment, the online retailer informed that revenue declined by 1.5% in the first quarter of 2022, as compared to the same period last year, totalling 2.2 billion euros
This is the main outcome of the most recent edition of the World Footwear Business Conditions Survey, conducted during the month of April. Today we bring you a summary of some of the main conclusions
Foot Locker is expecting its amount of Nike products to decline thanks to its accelerated strategic shift to DTC, but also due to the retailer’s own diversification efforts
The COVID-19 pandemic created pressure on the global supply chains, which has resulted in shortages of materials and increased transport prices. The cost of merchandise and raw materials is now the main concern of the footwear industry
A combination of factors will determine the consumer’s decision to choose a pair of shoes. With a view to find out what are the most relevant drivers in that process, we have asked our experts to choose the most relevant factors. Price is at the top of the list
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 overall increase in prices, associated with the disruptions in the supply chain we have come to know since the beginning of the COVID-19 pandemic, has been on the agenda for quite some time now. This trend affects necessarily the footwear industry across the entire supply chain, from suppliers of raw materials to final consumers. We have identified the key pointers that allow us to have a better understanding of this worldwide increase.
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
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
Although COVID-19 is still one of the topics of the moment, most of the experts of the World Footwear Business Conditions Survey believe the coming months will be positive with favourable expectations about the levels of employment in the business
Although COVID-19 is still dominating most of our conversations and making headlines in the news, most of our panel experts believe that businesses will have a positive evolution. Read about this in our most recent bulletin of World Footwear Business Conditions Survey
This is the main outcome of the most recent edition of the World Footwear Business Conditions Survey, conducted during the month of October. Today we bring you a summary of some of the main conclusions