All Market Statistics articles – Page 7
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News briefs
More than half of German clothing retailers hit by supply issues
Overall German retailers are “very concerned” about the replenishing of their inventories and the situation could continue into the Christmas season, according to a survey carried out by the ifo Institute. In August, on average 77.5 percent of retailers complained about supply problems, up from 77.3 percent in July. Retailers ...
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News briefs
German producer prices at record highs
In August, German producer prices for the domestic market rose by 7.9 percent month-on-month and grew by 45.8 percent year-on-year, according to the statistics office Destatis. The monthly and annual readings are the highest on record. Annual producer price growth reached 37.2 percent in July and 32.7 percent in June. ...
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ArticleA report confirms the shift out of China into Vietnam
A report available on ResearchAndMarkets.com indicates that Nike and Adidas are leading a move out of China into Vietnam for the manufacturing of shoes, confirming a trend that has been observed in data and analyses that Shoe Intelligence has collected over the past years. The document called “Research Report on ...
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ArticleHalf of Italian footwear companies' revenues still below pre-Covid levels
After a year-on-year increase of slightly more than 16 percent in the second quarter of 2022, revenues of Italian footwear manufacturers grew by 14.5 percent in the first half of the year, beating expectations. However, growth remains uneven, benefitting mainly to established brands while small producers, which are the backbone ...
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News briefs
Global footwear market seen reaching $543.9bn by 2030
The global footwear market is expected to reach a size of $543.9 billion by 2030, thanks to a compound annual growth rate (CAGR) of 4.3 percent between 2022 and 2030, according to a report by Grand View Research, Inc. The research called “Footwear Market Size, Share & Trends Analysis Report ...
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News briefs
Economic sentiment worsens in Germany
In September, the economic sentiment index in Germany fell by 6.6 points to -61.9, as the economic outlook worsened significantly, according to the latest survey released by think tank ZEW. The assessment of the economic situation in Germany decreased sharply and currently stands at -60.5 points, 12.9 points lower than ...
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News briefs
Spanish exports up 19.2% in first five months of 2022
In the first five months of 2022, Spanish exports rose by 19.2 percent year-over-year to €1,225.3 million. The data is also 3.3 percent above the first five months of 2019, before the outbreak of the Covid-19 pandemic, according to the Spanish footwear association Fice. Year-over-year, exports rose in all main ...
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News briefsBrazilian footwear component exports up 20%
Brazilian exports of footwear components totaled $253 million in the first seven months of 2022, up by 20 percent year-over-year, according to Assintecal, the local association of leather, footwear and component companies. Exports were also up by 37 percent compared with the first seven months of 2019, indicating that the ...
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ArticleVietnam exports up 13% in first 7 months
In the first seven months of 2022, Vietnamese exports of leather, footwear and leather goods totaled more than $14 billion, up by 13 percent year-over-year, in line with the forecast made at the start of the year by the Vietnamese leather, footwear and handbag association, Lefaso. Lefaso had predicted that ...
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News briefsGlobal luxury footwear market seen at nearly $26bn this year
The global luxury footwear market is expected to grow by 5.8 percent from $24.37 billion in 2021 to $25.78 billion in 2022, according to the Luxury Footwear Global Market Report 2022 available on ResearchAndMarkets.com. North America was the largest market for luxury footwear in 2021 followed by Western Europe. The ...
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News briefsMexico footwear industry faces slow recovery
Mexico’s footwear industry may not return to pre-Covid-19 production levels before 2024, according to Ignacio Irurita, vice president of the local trade association Canaical. The country produced 190.5 million pairs of shoes in 2021, up about 20 percent from 2020 but about 60 million pairs less than in 2019. Irurita ...
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ArticleBrazilian footwear exports continue to be strong
In July, Brazilian footwear exports rose by 35.3 percent in volume to 12 million pairs and by 50.8 percent in value to $111.8 million, according to data released by the Brazilian footwear association, Abicalçados. In the first seven months of 2022, footwear exports rose by 31.8 percent in volume to ...
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News briefs
U.S. footwear imports rise sharply in H1
Trade data released by the U.S. Census Bureau and the U.S. Bureau of Economic Analysis showed that in first half of 2022, seasonally-adjusted U.S. footwear imports rose to $13,576 million from $9,451 million a year earlier. In the sole month of June, imports reached $2,449 million against $2,580 million in ...
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News briefs
Global apparel and footwear sales to grow 2.6% a year
The size of the global apparel and footwear market is estimated at $1,395,930 million in 2021 and is forecast reach $1,496,720 million by 2028 with a compound annual growth rate of 2.6 percent between 2022 and 2028, according to a survey released by Absolute Reports.
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ArticleGlobal footwear production up 8.6% in 2021
In 2021, global footwear production increased by 8.6 percent, exceeding 22 billion pairs. Nonetheless, production is still 2 billion pairs below pre-pandemic level, according to the World Footwear 2022 Yearbook released by the Portuguese footwear association Apiccaps. The footwear industry continues to be strongly concentrated in Asia where almost ...
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News briefs
Most Americans to spend more on shoes during back-to-school season
A survey carried out by the Footwear Distributors and Retailers of America (FDRA) and First Insight showed that 78 percent of American families plan to spend more or the same as last year on children’s shoes during the back-to-shool season. According to a survey of 691 households with children attending ...
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News briefs
French footwear sales plunge in June after a strong May
Footwear sales dropped by 9.0 percent month on month in June, on a seasonally and working-day adjusted basis, the sharpest decline among the categories monitored by the Bank of France to gauge retail trade. In May, footwear had been the best performing category with a 7.5 percent rise. Overall retail ...
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ArticleItalian footwear sales slow down due to war in Ukraine
Revenues of Italian footwear manufacturers are estimated to have risen by 8.1 percent in the first half of 2022 following a sharp slowdown in sales during the second quarter due to Russia’s invasion of Ukraine on Feb. 24. According to a survey carried out by Confindustria Moda’s research center among ...
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ArticleFootwear stocks track global markets lower in Q2
In the second quarter of 2022, footwear stocks declined significantly in line with global markets, which suffered their strongest pullback in decades. In the U.S., the S&P 500 index posted its worst performance in the first half of the year since 1970. Global markets were hit by raising inflation, a ...
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ArticleSinking euro signals EU’s slowing economic growth
For the first time in nearly two decades, the euro and U.S. dollar yesterday nearly reached 1-for-1 parity. That suggests a recession is on the horizon for the European Union, contends some economists. Experts contend there are several reasons the euro against the dollar has depreciated 12 percent since the ...
