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Need to Know
Footwear sales volumes, prices expected to rise in the coming months
The volume of footwear and the prices of shoes are expected to increase over the next six months, according to a survey of experts published in the latest Business Condition Survey of World Footwear done in collaboration with Shoe Intelligence.
Global vegan footwear market forecast to reach $300bn in 2030
The vegan footwear market is expected to reach $300.19 billion by 2030 from $156.89 billion in 2020, representing a compound annual growth rate (CAGR) of 6.8 percent, according to a report published by Allied Market Research.
Companies must be sincere in promoting sustainability or risk a backlash
With consumers demanding more sustainable and equitable products and being increasingly aware of corporate greenwashing, footwear brands must be authentic in marketing sustainable goods. Otherwise their communication strategy may backfire, trend forecasting company WGSN warned during a couple of webinars organized by the Italian trade fair Expo Riva Schuh.
Belarus may face a shoe shortage
Nike, Lamoda, Sportmaster and Detsky Mir have notified the Belarusian government about a possible suspension of shoe exports to the country due to problems with a local labelling system that was introduced on Nov. 1.
C-Suite interview: U-Power bides its times for an IPO as it continues to grow
In July 2021, U-Power pulled the plug on an initial public offering (IPO) because the Italian group, which specializes in safety footwear and workwear, was unsatisfied with market evaluations. The company is waiting for better market conditions to go public while it continues to expand in Europe.
C-Suite interview: UFG plans to continue expanding its brand portfolio
The Dutch company Unlimited Footwear Group (UFG) is in talks regarding the possible acquisition of two brands and of a license agreement. Any deal is expected to be struck by the end of the year, Bart van Helvoirt, co-founder and CEO of UFG, explains in an interview with Shoe Intelligence.
C-Suite interview: Rohde launches its B2C business in Germany
On Sept. 17, Rohde launched its business-to-consumer (B2C) online platform for the German market. In November 2020, the German footwear company’s business-to-business (B2B) e-commerce service had already come on stream and it currently manages 30 percent of re-orders, or about 8 percent of overall sales.
Latest Case Studies
How Ralph Lauren transformed into a data-driven organization reviving brand relevance and driving sales
The historic American apparel brand’s sales revenue has been in decline. But by using data to understand customers better, it has carved out a brighter future.
Ssense: How relentless focus on target market lead to strong sales growth
The Canadian online fashion retailer adopted an alternative approach to its competitors, staying true to its traditional consumer base rather than diluting its offering.
How About You has become Europe’s fastest-growing online fashion platform
The company is using technology – and good timing – to stand out in a crowded market of online retailers.
Allbirds' Q3 sales rise 33% but loss nearly doubles
C-Suite interview: U-Power bides its times for an IPO as it continues to grow
Clarks 2-month strike over UK workers reach deal with footwear firm
Companies must be sincere in promoting sustainability or risk a backlash
CCC Group plans to triple sales by 2025
Footwear sales volumes, prices expected to rise in the coming months
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Ecco picks Stratasys 3D printers for molds, shoe lasts
L.K. Bennett joins forces with Mode for new payment system
Khadim India sees business returning to pre-Covid levels
Global vegan footwear market forecast to reach $300bn in 2030
India hikes consumer tax on shoes
Inditex reshuffles its top management
Skechers renews eyewear license with Marcolin
s.Oliver opens a flagship store in Moscow
Belarus may face a shoe shortage
Caprice to source shoes from Sri Lanka
Allbirds' Q3 sales rise 33% but loss nearly doubles
Reporting its first quarterly results as a public company, Allbirds said its revenues grew by 33 percent to $62.7 million in the three months ended Sept. 30, as compared to the same period a year ago, driven by a 42 percent increase in the U.S. to $47.7 million. Sales in ...
C-Suite interview: U-Power bides its times for an IPO as it continues to grow
In July 2021, U-Power pulled the plug on an initial public offering (IPO) because the Italian group, which specializes in safety footwear and workwear, was unsatisfied with market evaluations. The company is waiting for better market conditions to go public while it continues to expand in Europe.
Clarks 2-month strike over UK workers reach deal with footwear firm
The troubled British footwear company Clarks has reached an agreement with about 100 workers to end a two-month strike at its distribution centre in Somerset.
Companies must be sincere in promoting sustainability or risk a backlash
With consumers demanding more sustainable and equitable products and being increasingly aware of corporate greenwashing, footwear brands must be authentic in marketing sustainable goods. Otherwise their communication strategy may backfire, trend forecasting company WGSN warned during a couple of webinars organized by the Italian trade fair Expo Riva Schuh.
CCC Group plans to triple sales by 2025
The Polish footwear and apparel retailer CCC Group plans to triple revenues to over 20 billion zloty (€4.2bn-$4.8bn) in 2025 largely thanks to the development of its online business and of its newly launched off-price banner HalfPrice, as well as an increased presence in apparel and accessories. The share of ...
Footwear sales volumes, prices expected to rise in the coming months
The volume of footwear and the prices of shoes are expected to increase over the next six months, according to a survey of experts published in the latest Business Condition Survey of World Footwear done in collaboration with Shoe Intelligence.
