World Footwear

World

Cost of merchandise tops the list of concerns for the footwear industry

Premium ContentJun 27, 2023 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, our panel members identified the most pressing problems impacting the footwear industry. Get free access to the report and read its main conclusions

Positive perspetives for footwear businesses

Premium ContentJun 20, 2023 / Business Conditions Survey
In this edition of the Business Conditions survey, we asked our panel of experts to share their expectations about the health of the future business in the next semester. Read about the conclusions below

Average footwear prices expected to increase

Premium ContentJun 16, 2023 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, our panel members predicted an increase of 7.3% in footwear prices over the next six months. Get free access to the report with the main conclusions

World Leather Day returns to celebrate the benefits of leather

Apr 25, 2023 / World
Due to be held on the 26th of April 2023, the World Leather Day initiative aims once again to promote and encourage a greater understanding of the positive attributes of leather

Leather has a role to play in the fight against deforestation

Mar 9, 2023 / World
The World Wildlife Fund (WWF) has called out for traceability along the leather value chain, while signalizing the key role leather can play in the fight against deforestation

Sustainable, please. But not more expensive!

Premium ContentMar 7, 2023 / Business Conditions Survey
Sustainability is on the agenda of most footwear brands. Given such importance, in the latest edition of the World Footwear Business Conditions Survey we have asked our experts if consumers will be willing to pay more for sustainability

Sneaker’s share to continue increasing

Premium ContentFeb 14, 2023 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, we asked our panel of experts how they expected sneakers’ share of international footwear trade to evolve by 2050

2023 could bring a loss of 56 million pairs in Europe's consumption

Premium ContentJan 30, 2023 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, we have asked our panel of experts about their perspectives regarding footwear consumption, in their domestic market and globally

Caution rises as we step into 2023

Premium ContentJan 5, 2023 / World
Following the slump caused by the COVID-19 pandemic, in 2021, most fashion brands and retailers equalled or even exceeded their pre-pandemic performances. But 2022 will hardly be a forgettable year: the world’s inflation hit levels not seen since the early 80s, leading to a sharp hike in interest rates, Russia’s ceased to be a viable market for Western brands after its invasion of Ukraine on the 24th of February, and China’s economy slowed down due to the country’s zero COVID-19 policy. And yet, despite the worst projections, for the better part of the year, the fashion industry prevailed. Nevertheless, as we enter 2023 with a global recession still on the table, it is worth looking into the year-to-date results of some of the largest companies worldwide to understand the current situation

Cost of merchandise and raw materials is the main concern of the industry

Premium ContentDec 30, 2022 / Business Conditions Survey
In the current edition of World Footwear Business Conditions Survey, problems associated with the cost of merchandise and raw materials account for more than 80% of responses relating to the main difficulties felt by the footwear industry

Employment in the sector not expected to grow in 2023

Premium ContentDec 26, 2022 / Business Conditions Survey
According to the perspectives of the most recent edition of the World Footwear Business Conditions Survey, conducted in November, employment in the footwear industry should stabilize or decrease in the next few months

Global luxury goods industry to reach 1.4 trillion euros in 2022

Dec 26, 2022 / World
The latest edition of the Bain & Company–Altagamma Luxury Study shows that the global luxury goods industry grew by 21% from 2021 and suggests that it will further grow in 2023

Footwear prices to increase 11%

Premium ContentDec 19, 2022 / Business Conditions Survey
Our panel of experts expects footwear prices to increase over the course of the next six months. This is one of the main conclusions of the World Footwear Business Conditions Survey conducted in November. Read more about it today

Viva Magenta is the colour of the year 2023

Dec 13, 2022 / World
Pantone selected Viva Magenta 18-1750 as the colour for 2023, taking inspiration from nature to galvanize "our spirit" and help us "build our inner strength", thus encouraging us to write our narratives

Circularity is an opportunity for luxury

Dec 12, 2022 / World
Along with the continuing digital revolution of the metaverse and Web3, the transition towards a circular economic model is an unparalleled opportunity for luxury goods companies, says Deloitte
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