Brazilian footwear exports seen down 6-9% in 2024
In 2024, Brazilian footwear exports are expected to decline by 6 to 9 percent in volume as an improvement in the second half of the year is expected to offset a sharp decline in the first four months of the year, according to the Brazilian footwear industry association, Abicalçados.
US Q1 footwear sales flat year-on-year
In the first quarter of 2024, sales revenue for the US footwear industry remained unchanged year-over-year at $9.1 billion, while volumes rose by 1 percent, according to Circana.
French footwear sales rise further in March
In March, French footwear retail sales rose by a seasonally and working-day adjusted 2.5 percent month-on-month, according to the Bank of France. In February, sales of footwear increased by 1.6 percent. The reading was revised up from a preliminary 0.9 percent.
Footwear stocks treaded water in a quarter marked by shareholder activism
The prices of stocks monitored by Shoe Intelligence grew by 1.3 percent on average in the first quarter of 2024, compared with the previous three months, in very volatile trade. The quarter was marked by shareholder activism.
Russia shoemakers cut production as the business environment worsens
Several shoe factories have stopped or curtailed operations in Russia over the past few months as the economic environment in the country grows more challenging.
European footwear consumption seen anemic in 2025
Europe is expected to lag all other continents in terms of footwear consumption this year, according to a survey of experts published in the latest Business Condition Survey of World Footwear.
Italian footwear manufacturers revenues seen down by over 9% in 2024
In the third quarter of 2024, revenues of Italian footwear manufacturers fell by an estimated 10.9 percent year-on-year, a slight acceleration compared with the first half of the year, when turnover fell by 9.1 percent. Over the first nine months of 2024, the industry’s revenues are estimated to have fallen ...
Surveys paint a bleak picture of Germany’s holiday season sales
The shopping period leading up to the holiday season has brought more disappointment than cheer for both Germany’s online retailers and brick-and-mortar stores.