All Market Statistics articles – Page 6
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News briefs
High energy costs change Germans’ buying habits
The German Retail Association (HDE) reports that the high price increases for energy in Germany have significantly changed the shopping behavior of consumers. For example, the latest HDE “Consumer Monitor Prices” for 2022/23 shows that eight out of ten consumers are affected by rising energy costs, and a third are ...
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News briefs
U.K. faces a year-long recession
The U.K.’s gross domestic product is likely to contract by 0.4 percent in 2023. The country is estimated to have entered into an economic recession in the third quarter of 2022 that will last until the end of next year, according to the Confederation of British Industry (CBI). The CBI ...
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ArticleConsumer sentiment improves in Europe
Consumer sentiment improved slightly in Germany, France and Italy, the three main economies of the European Union, but consumers remain cautious in a difficult economic environment. In December, German consumer sentiment is expected to rise by 1.7 points to -40.2 points from -41.9 points in November, according to the market ...
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News briefs
French footwear sales fall 8.2% in October
Footwear sales in France fell by 8.2 percent month-on-month in October on a seasonally and working-day adjusted basis after rising by 3.3 percent in September, according to the latest survey on retail trade released by the Bank of France. In the three months to October, shoe sales dropped by 5.2 ...
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News briefs
Indian footwear exports up by 37% in H1
From April to September 2022, which corresponds to the first half of India’s fiscal year, the local leather industry reported export revenues of more than $2.8 billion, up by 25 percent year-on-year. Footwear led the sector’s exports higher, rising by 37 percent to nearly $1.3 billion. Exports of finished leather ...
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News briefs
Revenues of major fashion groups up 18%
Global revenues for the major players in the fashion sector rose by 18 percent in the first nine months of 2022, with a 15 percent rise at constant currency rates, according to a report from the research arm of the Italian investment bank Mediobanca. The report analyzed the results of ...
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News briefs
Swiss consumer sentiment at record low
Consumer sentiment in Switzerland has continued to decline, falling to -46.6 points in October from -41.7 in July, and reaching its lowest level since the consumer survey began in 1972, according to the State Secretariat for Economic Affairs. The decline comes amid high inflation and cloudy economic prospects, although perceptions ...
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News briefs
Russian e-commerce up by 39%
In the first eight months of 2022, Russia’s e-commerce industry experienced a 39 percent year-over-year rise in sales to 3.08 trillion rubles (€51.6 bn), the Association of Internet Trade Companies (AKIT) reported. In 2022, Russia’s e-commerce revenues are expected to exceed 5 trillion rubles (€83.7 bn), Artem Sokolov, the ...
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News briefs
Global kids’ footwear market to grow 8% a year
In a report called “Global Children Shoes Market 2022-2026” the market research firm Reportlinker.com estimates that the market will grow $5.32 billion over the period, representing a compound annual growth rate (CAGR) of 8 percent. The study identifies the introduction of smart shoes as one of the prime reasons driving ...
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News briefs
Rugged outdoor footwear market rebounds in 2021
After a disappointing 2020, impacted adversely by the global pandemic, the global branded outdoor shoe market returned to growth last year. Worldwide rugged outdoor footwear sales climbed 28 percent higher to $6,756 million in 2021, based on research conducted by the Outdoor Industry Compass in partnership with Sporting Goods Intelligence. ...
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News briefs
Consumer confidence sinks in Italy but stabilizes in France and Germany
The latest surveys indicate that consumer confidence has dropped in Italy but is stabilizing in France and Germany. In the eurozone, consumer confidence has been affected by the war in Ukraine, higher inflation and an economic slowdown. In October, consumer confidence in Italy has decreased to 90.1 from 94.8 in ...
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ArticleGlobal footwear market to enjoy sustained growth in the coming years
The global footwear market is expected to grow at a sustained pace over the coming years, according to various surveys that were released in the past weeks. However, the estimates regarding the actual size of the market and the forecasts of its growth rate vary significantly from one market research ...
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News briefs
French shoe sales up 3.5% in September
Sales of shoes in France rose by 3.5 percent month-over-month in September, overperforming the overall market, according to the latest survey on retail trade released by the Bank of France. In September, overall retail sales in France grew by 2.2 percent compared with August on a seasonal and working day ...
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ArticleBrazilian exports already exceed the whole of 2021
In the first nine months of 2022, Brazilian footwear exports totaled 107.9 million pairs, up by 25 percent year-on-year. In value, exports generated $990.35 million, up by 60 percent and more than the $900 million achieved for the whole of 2021, according to data released by the Brazilian footwear association, ...
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ArticleThe global secondhand market has tripled since 2020
The value of the apparel, footwear, and accessories resale market is estimated at between $100 and $120 billion worldwide, nearly three times the size it was in 2020, according to a new study by Boston Consulting Group (BCG) and global resale platform Vestiaire Collective. The report, titled “What an Accelerating ...
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ArticleStocks of Brazilian footwear manufacturers outperform in Q3
In the third quarter of 2022, the stock prices of footwear companies and associated sectors monitored by Shoe Intelligence were on average virtually unchanged, falling by less than 3 percent when compared with the previous three months. But, the figure conceals noticeable disparities between the panel’s subsegments. The cohort of ...
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ArticleConsumer and business sentiment sinks in Europe
Consumer confidence continues to decline significantly in Europe due to rising inflation, an erosion in purchasing power and concern about the future due to a worsening of the macroeconomic environment and rising geopolitical tension following Russia’s invasion of Ukraine on Feb. 24. In October, German consumer sentiment is expected to ...
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ArticleGerman shoemakers concerned about the future despite H1 rebound
Despite a strong rebound in domestic and foreign sales in the first half of 2022, German shoemakers are concerned about the business environment due to growing inflation and the erosion of the purchasing power of consumers. Among German footwear manufacturers with more than 50 employees, sales rose by 11.6 percent ...
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News briefs
U.K. consumer confidence at record low - GfK
In September, consumer confidence in the U.K. fell to -49, the worst overall index score since records began in 1974, and down from -44 in August and -13 a year ago, according to the latest survey released by market research firm GfK. The component on personal finances in the coming ...
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ArticleItaly faces a huge population decline
Italy is facing a huge decline in population as well as significant demographic changes that are likely to prompt further labor shortage and modify consumption patterns. Italy’s population is expected to drop from an estimated 59.2 million on Jan. 1, 2021, to 57.9 million in 2030, 54.2 million in 2050 ...
