Imports
France: footwear exports on the rise
International trade data released by the French National Leather Council (Conseil National du Cuir or CNC) shows that footwear exports continued to grow at a faster rate than imports in 2021
India and Australia sign bilateral Free Trade Agreement
The Free Trade Agreement, which commits significantly to tariff reductions, will enable India to double merchandise trade to 50 billion US dollars in five years from about 27 US dollars currently
Footwear in South Korea – a country snapshot
Today, we bring you our new country snapshot, this time focusing on South Korea, the 19th largest footwear consumer in the world, and a very attractive market due to its remarkable growth and consumer loyalty
Footwear in South Africa – a country snapshot
Today, we bring you our new country snapshot, this time focusing on South Africa, which ranks third among the top 3 footwear exports on the African continent, just behind Tunisia and Morocco. Nevertheless, it remains a net importer of footwear, being the 27th largest importer of footwear in the world in value
Japan Retail: retail prospects are again at stake
Hope for a return to normality in March, following the lift of the quasi-emergency restrictions imposed to control the Omicron-variant outbreak at the end of 2021, appears to be off the picture. The impact of Russia’s invasion of Ukraine on households and companies, which is prompting a hike in commodities and food prices, can no longer be discarded. Most likely, the footwear retail growth momentum of the final months of last year will not be accompanied by an increase in prices to avoid scaring away consumers, whose confidence suffered yet another blow in front of the international conjuncture
Germany retail: COVID-19 still looms on retail performance
As of December 2021, the German TCF retail index is far from providing a crystal-clear reading. A sudden improvement in the last month of the year contrasts with mixed feelings on confidence and insights from various sources. The decline in footwear prices during that month, despite the unexpected inflation surge by 5.3%, adds up as another contradictory sign. While the picture is not quite transparent yet, it is safe to presume that the online shopping category is leaning towards pandemic-neutral growth
Spain Retail: leaving COVID-19 fears behind
Despite the spread of the Omicron variant in the last quarter of 2021, the TCF retail sales index shows overall a slow, but positive trend, and retailers’ confidence has not returned below pre-pandemic levels. Consumers are less optimistic, but the results are not substantially worse than two years ago. At the same time, they have embraced e-commerce, which seems to have demarcated itself from the course of the pandemic
Footwear business not expected to be carbon neutral by 2050
Sustainability is becoming more of a real concern for businesses and inhabitants of this world. However, some claim this is just a fashion trend or a marketing tool. With that in mind we have asked our panel if the footwear industry will be able to be carbon neutral by 2050. Half of the respondents don’t believe that will happen
Matt Priest: the US footwear industry is resilient and agile
We have spoken to Matt Priest, who is the President & CEO of the Footwear Distributor & Retailers of America, to discuss in detail the achievement of the 100.7 billion US dollars record on consumer demand for shoes in 2021. We have also ventured into the future, going over the main concerns for the US footwear industry, such as rising inflation (7.5% in January), additional duties on Chinese consumers goods, but also the opportunities on the horizon
Polish footwear industry fears the impact of the war
The impact of the war between Russia and Ukraine on the industry might be substantial. Both countries represent important markets for Polish shoes
Rouble tumbles following Russia’s invasion of Ukraine
On Tuesday, the rouble pared some of the previous day’s heavy losses, as it plunged around 29% against the dollar on Monday morning, an all-time low, under pressure on foreign markets from Western sanctions
Italian footwear industry concerned over conflict in Ukraine
The Italian Footwear Manufacturers' Association has shown concern over the impact of the conflict on the footwear trade. Russia and Ukraine are important markets for the Italian footwear
France Retail: retailers more confident than consumers amid an uncertain environment
Although footwear retail sales in France have returned to pre-pandemic levels, the beginning of 2022 is being characterized by some uncertainty. Consumers’ mood has become more volatile towards the end of 2021, reaching minus 8 points in January, and rising inflation has not spared the sector. Nonetheless, retailers are proving to be more confident than consumers, displaying some insensitivity towards risks
Footwear in Poland: a country snapshot
Today, we bring to you our new country snapshot, this time focusing on Poland, which constitutes a major hub for footwear trade in Central Europe. In 2020, despite the constraints imposed by the COVID-19 pandemic, both imports and exports increased, making the country the 10th biggest exporter importer of footwear worldwide
Cost of merchandise and raw materials is the main concern of the footwear business
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-
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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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World Footwear Public Calendar
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