Latest Data & Analysis – Page 5
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News briefs
Online represented one-third of retail sales in the UK in May
In May, the proportion of overall retail sales in the U.K. bought online soared to the highest level on record at 33.4%, which compares with the 30.8% reported in April, according to the Office for National Statistics (ONS). In a survey carried out between May 18-31, the ONS says that ...
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Euro area wage decline limited at 7% during lockdown
The decline in labour income was limited at 7 percent in the euro area during coronavirus-related lockdowns thanks to short-time work and temporary lay-off schemes introduced in various member states of the monetary union, according to a survey released by the European Central Bank (ECB). The ECB notes that the ...
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News briefs
New internet rankings for children’s shoes in Germany
The coronavirus crisis has shaken the German market for children’s shoes: Skechers has become for the first time one of the top three suppliers for the spring/summer 2020 season in the rankings of the Schuhe24 internet platform. It moved into third place from the sixth place the year before. The ...
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Indonesia footwear industry loses 400,000 jobs due to Covid-19
Nearly 400,000 workers in Indonesia’s footwear and leather industry have been forced to stop working so far due to the Covid-19 pandemic, according to preliminary data from Indonesia footwear producers’ association, Aprisindo. Many factories have temporarily closed, while capacity at others has been reduced to about 40 percent to complete ...
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German retailers ask for help after a drop of 71% in April
The Federal Statistics Office of Germany has reported a year-on-year decline of 70.7 percent for April in total sales of apparel, shoes and leathergoods, due to the retail lockdowns demanded by the government help stem the Covid-19 pandemic. Overall retail sales in Germany declined by 6.5 percent for the month, ...
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Brazil's shoe production may fall by 30% in 2020
The Brazilian footwear trade association, Abicalçados, forecast that production in the sector should fall by 21 percent to 30 percent in 2020, adding up to 191 million to 265 million fewer pairs of shoes compared to last year and dropping to the level last seen 16 years ago. In a ...
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Pakistan footwear exports rose by 15.86% in July-March
In the first nine months of its fiscal year that runs to the end of June, Pakistan’s footwear exports grew by 15.86 percent to $104.351 million. Leather footwear exports represented 84.55 percent of the total and increased by 11.26 percent, according to the Pakistan Bureau of Statistics (PBS). During the ...
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Article
Italian footwear sales drop by 38.4% in Q1
In the first quarter, the Italian footwear industry suffered a 38.4 percent year-on-year drop in sales, representing a €1.7 billion loss in revenues, and a 46.2 percent decline in orders due to the impact of the Covid-19 pandemic. Among the means seen necessary to relaunch the industry is the organization ...
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News briefs
March shoe and clothing retail sales down 38.9% in Eurozone
Retail sales of clothing and footwear fell by 38.9 percent year-on-year in March across the Eurozone, according to the statistics office Eurostat, due to the widespread retail lockdowns across the region. The drop in total eurozone retail sales amounted to 11.2 percent, including a decline of 23.1 percent in the ...
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Article
Consumers are buying less footwear, while re-evaluating the internet
Consumers are reducing spending on non-essential goods such as apparel and footwear because of Covid-19, but they are making more use of the internet for their purchase during the lockdown, developing new habits and creating new opportunities for the brands, based on research conducted by McKinsey & Company.
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News briefs
France faces a significant rise in bankruptcies
A French legal information provider Infolegale, said that France faces the risk of experiencing a first “significant” wave of corporate bankruptcies from the end of April as the most fragile companies succumb to the economic impact of the Covid-19 pandemic. Based on bankruptcy rulings issued between April 1 and 3, ...
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Global bankruptcies expected to rise by 25% this year
Global bankruptcies are expected to rise by 25 percent this year because of an economic recession triggered by the Covid-19 pandemic, according to a new forecast released by Coface. The French credit insurer’s forecast assumes a gradual economic recovery starting in the third quarter and rules out a second wave ...
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ArticleThe casual shoe market grows by 4.7%
This exclusive chart shows the sales development of the largest casual shoe companies (2019 to 2018). This is exclusive data and analysis for Professional Members.
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Article
The casual footwear market speeds up
Like the athletic brands, the more casual footwear brands enjoyed stronger growth in 2017 than they had done in the previous year, boosted by increased demand for comfort and good looks. According to our annual study of the segment, the casual branded shoe market enjoyed a sales increase of 7.2 ...
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