All Market Statistics articles – Page 9
-
ArticleBrazilian shoe production seen falling up to 29% in volume this year
Brazil’s footwear production could fall by between 21.0 and 29.2 percent this year to 643.4-717.5 million pairs due to the impact of the Covid-19 pandemic, according to a survey released by Abicalçados, the country’s association of footwear manufacturers. In value, the decline could be shallower, reaching 18.2 to 27.4 percent, ...
-
News briefs
Global children’s footwear market seen up annual 4% to 2024
The global market for children’s footwear is expected to grow by $8.65 billion between 2020 and 2024, representing an average annual increase of almost 4 percent, with the launch of exclusive designer footwear being instrumental in driving the market higher, according to the research and advisory firm Technavio. In a ...
-
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 ...
-
News briefs
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 ...
-
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 ...
-
News briefs
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, ...
-
News briefs
South Africa shoe imports fall by 5.8% in 2019
South Africa imported 199 million pairs of shoes in 2019, down by 5.8 percent from 2018, while exports dropped by 9.5 percent to 3.5 million pairs. Domestic production totaled 56.9 million pairs in 2019, in line with the previous year, according to the Southern African Footwear and Leather Industries Association. ...
-
Article
U.S. footwear retailers reopen amid consumer wariness
American footwear retailers are gradually reopening with the staggered lifting of the lockdown in the U.S., but local consumers have expressed unease about shopping as the country continues to be affected by the Covid-19 pandemic.
-
Article
Altagamma predicts 20 percent drop in global luxury goods sales this year
Global sales of luxury goods are forecast to fall by 20 percent this year, with Europe most affected. It could take until 2023 to return to 2019 levels, according to forecasts by Altagamma and the consultancy Bain & Company.
-
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.
-
ArticleCovid-19 takes a heavy toll on the luxury sector
The personal luxury goods sector is set to pay a heavy price in 2020 because of the coronavirus pandemic. According to the findings of a survey by Boston Consulting Group (BCG) and Bernstein, Covid-19 could wipe out almost a third of the sector’s market value, estimated to have grown to ...
-
Article
Covid-19 will shake the Russian footwear market
The Russian footwear market is expected to suffer a double whammy consisting of higher prices, due to the depreciation of the ruble, and lower demand, stemming from the lockdown to combat the Covid-19 pandemic and economic hardship. The price of shoes is predicted to jump by 20 to 35 percent ...
-
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, ...
-
News briefs
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 ...
-
News briefs
Lyst publishes list of popular brands
Lyst, the London-based search engine for fashion items, publishes a ranking of the most popular brands and products every quarter. For the first time, Dr. Martens and Canada Goose made it into the top 20 in the fourth quarter of 2019. The ranking is based on the online search queries ...
-
Article
Italy’s 2019 shoe production fell by 3.1% in volume
Italian footwear production fell by 3.1 percent to 178.6 million pairs in 2019 as the industry continued to suffer from a weak domestic market and a decline in export volumes, according to an estimate released by the Italian shoe industry association Assocalzaturifici. The value of the production rose by 1.3 ...
-
Article
Lower foreign and domestic sales by German shoe companies
The growth of the German footwear industry weakened in 2019, weighed down once again by lower sales abroad, according to an annual report by the Federal Association of the German Footwear and Leathergoods Industry (HDS/L) and presented at the Gallery Shoes fair in Düsseldorf earlier this month. In 2019, ...
-
Article
German shoe retailers post record growth in a difficult market
According to the German Federal Association of Shoe Retailers (BDSE), German shoe retailers recorded an increase of year-on-year 3 percent in their sales in 2019, expanding the total market to around €11.8 billion. The situation for German shoe retailers was positive last year except for a difficult winter, once ...
-
Article
Weak sales of winter footwear in Russia and Ukraine
Footwear retailers in Russia and Ukraine experienced a slump in sales because of abnormally warm weather this season. Sales in all categories of winter products plummeted by between 6 and 25 percent in Ukraine as compared to the previous winter, according to Igor Zabulonsky, general director of KarKat Fashion. ...
-
News briefs
The growth of the footwear market is expected to drop...
The growth of the footwear market is expected to drop to 5 percent this year from 8 percent in 2017, according to Mintel. Peaking at 12.1 percent in 2014, the market’s growth has been mainly fueled by sneakers, according to the market research company, which sees it rising further to ...
