WORLD FOOTWEAR:WEEKLY NEWSLETTER

2 July 2024



Highlights


World
UK Retail: are the winds starting to blow in retailers’ favour?
Jul 1, 2024 / United Kingdom

Despite a slight upturn in sales of Textile, Clothing and Footwear in March, a number of factors, including an early Easter, poor weather and the high cost of living, soon led to a visible lack of demand. This will most likely lead to a decline in the number of footwear imports, breaking the growth trend seen in the first quarter of the year. On the bright side, inflation is at its lowest since November 2021 and the economy seems to be picking up, so there is room for some improvement in consumer sentiment. With the UK on the brink of a General Election and a series of sporting events promising to bring people onto the streets, are the winds starting to blow in retailers’ favour?



World
Optimistic expectations for footwear retail prices
Jul 2, 2024 / Business Conditions Survey

76% of the respondents of the last edition of the World Footwear Business Conditions Survey expect footwear retail prices to increase over the next six months. The 10th edition of the World Footwear Business Conditions Survey results are now available


Trade
A negative start to the year 2024 for Italian footwear
Jun 26, 2024 / Italy

In the first quarter of the year, the Italian footwear industry recorded “significant setbacks in all economic indicators”, including exports and turnover. More than 80% of entrepreneurs do not expect an improvement before 2025



Companies
New Generation: Joana Trigueiros from Maray
Jul 2, 2024 / Portugal

With 18 years of experience in finance and marketing, Joana Trigueiros took over the shoe brand in 2019 when she realised its journey was coming to an end. Let’s find out more




Companies
Scotch & Soda Northern Europe will not reopen
Jun 28, 2024 / Netherlands

Following the declaration of bankruptcy on the 12th of June, the administrators have announced that the northern branch of Scotch & Soda will not be reopening

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