All Market Statistics articles – Page 2
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ArticleVietnam’s leather, footwear, handbag exports seen reaching $26-27bn in 2024
Export revenues for the Vietnamese leather, footwear and handbag industry are expected to reach $26 billion to $27 billion in 2024, according to Lefaso, the Vietnam leather, footwear and handbag association. In 2023, Vietnam generated $24 billion in revenues from leather and footwear exports, down by 15 percent year-on-year. ...
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ArticleArgentina focuses on high-end products for the European market
With its 130 million pairs of shoes produced annually, Argentina ranks third among producing countries in the Americas after Brazil, with 849 million pairs, and Mexico, 205 million pairs, according to data released by the Argentine footwear association Cámara de la Industria del Calzado (CIC), as well as its Portuguese ...
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Turkish inflation may have peaked
In June, Turkish inflation slowed down to 71.60 percent year-on-year after reaching 75.45 percent in May, according to the statistics office Tuik. Month-on-month, consumer prices rose by 1.64 percent in June. “The disinflation process has started,” wrote the economy minister, Mehmet Simsek, on X. However, independent economists at the Inflation ...
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ArticleItalian footwear production slumps in the first quarter
In the first quarter of 2024, revenues of Italian footwear manufacturers fell by 10.1 percent year-on-year, while production declined by 20.5 percent. In the whole of 2023, sales of Italian shoemakers grew by 0.6 percent to €14.58 billion, according to the latest data released, but the increase was underpinned by ...
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ArticleIntersport, Decathlon are the main resellers of clothing in France
Over the past 24 years, the sporting goods chains Intersport and Decathlon have become the main retailers of fashion clothing in France, overtaking hypermarkets, which used to control a combined 20 percent of the clothing market in 2000, according to the study Référenseigne Fashion carried out by Kantar. In 2000, ...
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French footwear sales slip in May
In May, French footwear retail sales fell by a seasonally and working-day adjusted 0.8 percent month-on-month, according to the Bank of France. Overall French retail sales dropped by 0.4 percent month-on-month in May, after falling 0.5 percent in April, and sales of manufactured goods also fell by 0.4 percent, after ...
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ArticlePortugal’s footwear industry plans to invest €600m by 2030 as it rivals with Italy
The Portuguese footwear industry plans to invest €600 million by 2030 to reinforce its positioning in the luxury segment, according to Luís Onofre, who was re-elected in January president of Apiccaps, the Portuguese association of footwear, components and leather goods manufacturers. Citing data from the European Union’s statistics office Eurostat, ...
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ArticleSales of cheap fashion items reach record levels in Russia
The low-price segment of the Russian fashion goods market accounted for a record 74 percent of total sales in 2023, against 72 percent in the previous year, according to a study by Fashion Consulting Group, a Moscow-based think tank. It indicated that the budget segment is eating into the middle-price ...
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South American footwear sales set to grow nearly 3% annually
In 2024, footwear sales in South America are expected to rise by a compound annual growth rate of 2.77 percent from 2024 to 2028, according to data from the German statistics portal Statista released by the Italian trade show Expo Riva Schuh & Gardabags. In 2024, footwear revenues in South ...
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French footwear sales slump in April
In April, French footwear retail sales fell by a seasonally and working-day adjusted 5.9 percent month-on-month, according to the Bank of France. In March, sales of footwear increased by 2.8 percent. The March reading was revised up from a preliminary estimate of a 2.5 percent rise. Overall French retail sales ...
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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. Data ...
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ArticleUS 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. “The footwear market turned a corner in Q1,” said Beth Goldstein, footwear and accessories analyst at Circana. “After four consecutive quarters of ...
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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. Overall French retail sales rose by 0.5 percent month-on-month ...
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ArticleGerman fashion manufacturing back to pre-pandemic levels, but outlook remains cautious
German clothing manufacturers swung back to pre-Covid-19 levels as they posted a double-digit sales increase in 2023, up by 10.8 percent to €6.8 billion, according to official figures from the country’s statistics office Destatis. When considering companies with more than 50 employees, the number of workers in the industry ...
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Vietnam’s February footwear exports down 40.3% vs January
Vietnam’s footwear exports totaled $1.17 billion in February, down by 40.3 percent compared with January. In the first two months of the year, the country’s footwear exports reached $3.1 billion, according to the General Statistics Office. In the two-month period, exports to the US rose by 25 percent year-over-year to ...
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French footwear sales rise in February
In February, French footwear retail sales rose by a seasonally and working-day adjusted 0.9 percent month-on-month, according to the Bank of France. In January, sales of footwear increased by 1.4 percent. Overall French retail sales rose by 0.2 percent month-on-month in February and sales of manufactured goods grew by 0.5 ...
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ArticleKazakhstan sees a rise in footwear imports as local production remains low
Kazakh footwear manufacturers only covered a tiny part of domestic demand, and their market share is shrinking, a recent research showed. In 2023, Kazakh footwear companies manufactured 1.8 million pairs of shoes, up by 3.6 percent compared with the previous year, according to the Bureau of National Statistics. But last ...
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Continued uncertainty in German consumer sentiment despite an improvement in March
Consumer sentiment in Germany showed a significant improvement in March from the previous month, according to the German trade association HDE. The industry group however warned that, given the persistent uncertainty, there is currently no sign of a solid upward trend. The monthly HDE consumption barometer is calculated ...
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ArticleSpanish footwear exports rose in value but slipped in volumes in 2023
Spanish footwear exports totaled €3,260 million in 2023, up by 6.6 percent compared to the previous year when exports breached the €3 billion threshold for the first time. In 2022, exports rose by 22 percent to €3,056 million, according to data released by Fice, the Spanish footwear association. However, in ...
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ArticleGerman shoemakers expect a challenging 2024
The German footwear and leather goods industry is facing “a challenging 2024” but a turnaround is possible towards the end of the year, according to Manfred Junkert, the general manager of the German footwear and leather goods trade association, HDS/L. “In spite of manufacturers having considerable resilience and creativity, a ...
