All Market Statistics articles – Page 9
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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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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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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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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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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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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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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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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 ...
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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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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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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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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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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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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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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 ...
