All Market Statistics articles – Page 5
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News briefs
Higher costs and bureaucracy weigh on German fashion retailers
Burdened by soaring costs and entangled in red tape, fashion retailers are “currently struggling with considerable problems” despite sales returning to pre-pandemic levels, a survey from Germany’s textile, shoes and leather goods trade association, BTE, showed. Retailers participating in the survey rated the surge in costs with an average ...
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ArticleItalian shoemakers’ 2022 revenue growth revised upwards to 14.0%
Italian footwear manufacturers estimated that in 2022 aggregate revenues rose by 14.0 percent year-over-year to €14.5 billion and were 1.2 percent above pre-Covid levels. A previous survey released in January estimated that 2022 revenues had risen by 13.2 percent compared with 2021. According to a survey carried out by Confindustria ...
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News briefs
Italian large fashion firms combined sales rise 20% in 2022
The combined turnover of large Italian fashion firms rose by 20 percent in 2022 compared to the year earlier to reach €82 billion, according to a report from the research arm of the Italian bank Mediobanca. The report covered fashion companies headquartered in Italy and with revenues above €100 million. ...
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News briefs
Consumer confidence improves in Germany, U.K.
Consumer confidence improved in Germany and the U.K. but slipped slightly in France. Confidence levels remain low in all three countries. Consumer confidence in Germany is expected to rise to -30.5 points in March, up 3.3 points from a revised -33.8 points in February, according a preliminary reading by the ...
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News briefsIndian footwear exports surge
In the nine months running from April to December 2022, Indian exports of leather products and footwear rose by 16.55 percent year-over-year to $4.092 billion. In rupee, the increase reached 24.99 percent, according to the Council For Leather Exports (CLE). During the period, exports of leather footwear grew by 26.56 ...
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News briefs
Turkish inflation slows down in January
Turkey’s annual inflation slowed down in January to 57.7 percent from 64.3 percent in December, according to the statistics office Tuik. It is the third month in a row that annual inflation declines. In January, clothing and footwear was the segment with the lowest annual increase, rising by 24.24 percent. ...
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ArticleMicam attracts 64 Brazilian brands
Sixty-four Brazilian footwear brands will be present at Micam, the trade show held from Feb.19 to 22 at the Fieramilano Rho exhibition center at the outskirts of Milan. The brands’ presence is supported by Brazilian Footwear, a program to promote footwear exports established by the Brazilian footwear association, Abicalçados, in ...
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News briefs
Prada was the hottest brand in Q4
For the first time, Prada was the hottest brand in the world the fourth quarter of 2022, overtaking Gucci that slipped into second position, according to The Lyst Index. Moncler surged to third position from 17th in the fourth quarter and Miu Miu, which is part of the Prada Group, ...
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News briefs
Pakistan's inflation at 48-year high
Pakistan’s consumer prices grew by 27.6 percent on a year-on-year basis in January compared to an increase of 24.5 percent in the previous month and a 13.0 percent rise in January 2022, according to the Pakistan Bureau of Statistics. It was the highest annual inflation rate since May 1975. Month-on-month, ...
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News briefs
German consumer confidence continues to improve
In February, German consumer confidence is expected to rise by 3.7 points from January to -33.9 points, according to a preliminary estimate by the research institute GfK. “With the fourth increase in a row, the positive trend in consumer sentiment is consolidating. Even though the level is still very low, ...
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News briefs
Cambodia’s footwear exports up nearly 25% in 2022
Cambodia’s footwear exports rose by 24.8 percent in 2022 to $1.74 billion, according to the General Department of Customs and Excise. The country’s overall exports of garment, footwear and travel goods products totalled $12.63 billion in 2022, up by 14.9 percent year-over-year. Exports for garments grew by 12.7 percent to ...
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News briefs
French footwear sales up 7.3% in December
In December, French footwear retail sales increased by a seasonally and working day adjusted 7.3 percent month on month, according to the Bank of France. In November, sales of footwear grew by 3.3 percent. Overall, retail sale volumes in France inched up a seasonally and working day adjusted 0.5 percent ...
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News briefs
U.K. retail sales unexpectedly fell in December
In December, retail sales in the U.K. fell by 1.0 percent month-on-month in volume after dropping by 0.5 percent in November, revised from an earlier reading of a 0.4 percent decline, according to data released by the Office for National Statistics that noted that sales volumes were 1.7 percent lower ...
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News briefs
German clothing retailers plan to increase prices
German clothing retailers plan to increase prices in the near term, bucking the general trend for German companies, according to the think tank Ifo. The general Ifo price expectations index fell to 40.3 points in December from 46.2 points in November, indicating that fewer German companies are planning to raise ...
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ArticleItalian shoemakers’ 2022 revenues rose by 13.2%
Italian footwear manufacturers estimated that in 2022 aggregate revenues rose by 13.2 percent compared with 2021 and were slightly above pre-Covid levels, up by 0.4 percent from 2019, when the industry’s sales totaled €14.3 billion. However, growth remains uneven, with 43 percent of companies expected to finish the year with ...
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ArticleStocks of U.S. footwear companies rebound in Q4
Trading remained very volatile in the fourth quarter of 2022 with the various clusters of our universe of stocks often fluctuating significantly compared with the previous three months. Overall, Shoe Intelligence’s selection of stocks continues to trend water, rising by just over 2 percent on average. Shares of Brazilian footwear ...
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News briefs
Turkish inflation slows down
Turkish consumer prices rose by 64.27 percent year-on-year in December, slowing down from an 84.39 percent increase in November, according to the statistics office Tuik. Prices for clothing and footwear were up by 25.87 percent. It was the category that registered the lowest annual increase in December. Month-on-month, overall inflation ...
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News briefs
U.S. retail sales up 7.6% during holiday period
In the period running from Nov. 1 to Dec. 24, U.S. retail sales rose by 7.6 percent year-on-year, according to the Mastercard SpendingPulse survey that measures in-store and online retail sales across all form of payment, not adjusted for inflation. Spending on apparel grew by 4.4 percent. “This holiday retail ...
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News briefs
German consumer confidence improves
In January 2023, consumer confidence in Germany is expected to rise to -37.8 from -40.1 in December 2022 and -41.9 in November 2022, as measures taken by the federal government to mitigate skyrocketing energy costs are apparently having an effect, according to data released by market research group GfK. ...
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News briefs
German businesses enter holiday season with a ‘sense of hope’
The business climate index in Germany rose to 88.6 in December from 86.4 the previous month, according to data released by the think tank Ifo. The data was better than economists’ expectations for a reading of 87.4. The index on current conditions rose to 94.4 in December from 93.2 ...
