All Market Statistics articles – Page 10
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ArticleGMS affiliates suffer sales decline but outperform other German retailers
In this year’s pandemic-riddled market, affiliates of the Cologne-based shoe retailing association GMS managed to limit losses, achieving significantly better results than the national average. A survey on sales between January and September showed an average drop of 6.4 percent for GMS’s affiliates, compared with a decline of around ...
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News briefsBritons started Christmas shopping in October
Britons started their Christmas shopping early this year, according to data released by the Office for National Statistics (ONS). In October, retail sales volumes increased by 1.2 percent in the U.K. when compared with September, marking the sixth consecutive month of growth. The increased reached 6.4 percent for non-store retailing, ...
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ArticleGlobal footwear demand seen down by 22.2% in 2020
Global demand for footwear is expected to fall by 22.2 percent this year, due to the impact of the Covid-19 pandemic, according to an updated forecast made by a panel of experts for the latest Business Condition Survey of World Footwear. In its April edition, panelists had estimated the decline ...
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News briefs
The second-hand market is growing in Russia
The Covid-19 pandemic has spurred the demand for second-hand shoes and clothes in Russia, a research conducted by the Russian consulting agency Fashion Research Group showed. As of today, this segment accounts for 6 percent of sales of the Russian fashion market. The continuing deterioration in purchasing power is likely ...
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ArticleU.S. footwear market showing signs of stabilization
The U.S. footwear industry suffered sharp sales declines in 2020 due to lifestyle changes and shifts in consumer behavior due to the Covid-19 pandemic, but trends are expected to stabilize and recover through 2021, according to NPD’s Future of Footwear report. The fashion category, which has been hit the hardest ...
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News briefs
French footwear output down 31.0% in January-August
Because of the impact of the Covid-19 pandemic, French footwear production fell by 31.0 percent year-on-year in the first eight months of 2020, with revenues of shoe manufacturers down by 23.5 percent, according to the French National Leather Council (Conseil National du Cuir). Shoe exports, excluding slippers, fell by 17.0 ...
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ArticleMost Italian shoe makers expects sales to fall by more than 20% this year
More than two-thirds of Italian shoe makers expect their revenues to fall by over 20 percent this year, assuming no worsening of the Covid-19 situation this autumn. In a survey carried out in July by Confindustria Moda’s research center, and released by the footwear association Assocalzaturifici, showed that 52 percent ...
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News briefs
Russian shoe market nearly 3 times larger than previously estimated
The recent introduction of mandatory tagging of footwear in Russia has shown that up to 1.3 billion pairs of shoes are sold in the country on average per year. This is nearly three times more than previous official estimates, said Denis Manturov, the Russian industry and trade minister The tagging ...
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ArticleNew records in footwear production and exports before Covid-19
Global production of footwear reached a record of 24.3 billion pairs in 2019, according to the latest edition of the World Footwear Yearbook, published annually by Apiccaps, the Portuguese industry association of footwear, leathergoods and related components. This new record marks a 21.2 percent increase from the production figure registered ...
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News briefs
Vietnam footwear exports down by 6.7 percent in H1
Vietnam’s footwear exports fell by 6.7 percent to $8.1 billion in the first half of 2020, according to the ministry of industry and trade. The decline was due to a fall in exports in May and June in the wake of disruption caused by the Covid-19 pandemic. In the first ...
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ArticleEuropean footwear and apparel manufacturers call for re-shoring, tariff review
The European Footwear Confederation (CEC) is calling along with three other employers and labor representatives of the textile, clothing and leather industries, for a re-shoring of production and a review of preferential trade tariffs under the European Union’s Generalised Scheme of Preferences (GSP). The Covid-19 crisis has shown that transferring ...
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ArticleBrazilian shoe production seen falling up to 29% in volume this year
Brazil’s footwear production could fall by between 21.0 and 29.2 percent this year to 643.4-717.5 million pairs due to the impact of the Covid-19 pandemic, according to a survey released by Abicalçados, the country’s association of footwear manufacturers. In value, the decline could be shallower, reaching 18.2 to 27.4 percent, ...
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News briefs
Global children’s footwear market seen up annual 4% to 2024
The global market for children’s footwear is expected to grow by $8.65 billion between 2020 and 2024, representing an average annual increase of almost 4 percent, with the launch of exclusive designer footwear being instrumental in driving the market higher, according to the research and advisory firm Technavio. In a ...
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News briefs
Online represented one-third of retail sales in the UK in May
In May, the proportion of overall retail sales in the U.K. bought online soared to the highest level on record at 33.4%, which compares with the 30.8% reported in April, according to the Office for National Statistics (ONS). In a survey carried out between May 18-31, the ONS says that ...
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News briefs
Euro area wage decline limited at 7% during lockdown
The decline in labour income was limited at 7 percent in the euro area during coronavirus-related lockdowns thanks to short-time work and temporary lay-off schemes introduced in various member states of the monetary union, according to a survey released by the European Central Bank (ECB). The ECB notes that the ...
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News briefs
New internet rankings for children’s shoes in Germany
The coronavirus crisis has shaken the German market for children’s shoes: Skechers has become for the first time one of the top three suppliers for the spring/summer 2020 season in the rankings of the Schuhe24 internet platform. It moved into third place from the sixth place the year before. The ...
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News briefs
German retailers ask for help after a drop of 71% in April
The Federal Statistics Office of Germany has reported a year-on-year decline of 70.7 percent for April in total sales of apparel, shoes and leathergoods, due to the retail lockdowns demanded by the government help stem the Covid-19 pandemic. Overall retail sales in Germany declined by 6.5 percent for the month, ...
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News briefs
South Africa shoe imports fall by 5.8% in 2019
South Africa imported 199 million pairs of shoes in 2019, down by 5.8 percent from 2018, while exports dropped by 9.5 percent to 3.5 million pairs. Domestic production totaled 56.9 million pairs in 2019, in line with the previous year, according to the Southern African Footwear and Leather Industries Association. ...
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Article
U.S. footwear retailers reopen amid consumer wariness
American footwear retailers are gradually reopening with the staggered lifting of the lockdown in the U.S., but local consumers have expressed unease about shopping as the country continues to be affected by the Covid-19 pandemic.
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Article
Altagamma predicts 20 percent drop in global luxury goods sales this year
Global sales of luxury goods are forecast to fall by 20 percent this year, with Europe most affected. It could take until 2023 to return to 2019 levels, according to forecasts by Altagamma and the consultancy Bain & Company.
