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.
Mexico 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.
Global footwear prices are expected to rise significantly due to higher costs
On average, global shoe prices will increase by 8.4 percent over the next six months, with a maximum rise of 9.8 percent forecast for Europe and a minimum surge of 5.7 percent expected in North America, according to a survey of experts published in the latest Business Condition Survey of ...
Brazilian, Indian footwear stocks outperform in a weak environment
In the first quarter of 2022, the share prices of footwear companies fell sharply, tracking global equity markets lower. But, the Indian and Brazilian companies that we monitor for our stock performance survey outperformed their peers over the period.
Italian 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.
Stocks 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.
PayPal and the world of digital payments
PayPal appears to be far and away the West’s top provider of e-wallets, according to the specialized market analysts at eCommerceDB, who have compiled survey results from Statista. But how did this come about, who are the competitors and what is the situation in other parts of the world?
European footwear demand may drop in 2023
In 2023, demand for footwear could drop by 1 percent, or by an estimated 55.6 million pairs, in Europe, according to a survey of experts published in the latest Business Conditions Survey of World Footwear.