15 October 2024
Highlights
World
Germany Retail: dark clouds are hanging again over the footwear sector
Oct 15, 2024 / Germany
The positive signs on the horizon for the footwear retail sector reported in the previous Flash were short-lived. Sales in the first half of the year were not what retailers had hoped for, and the continued stabilisation of shoe prices shows no signs of turning the situation around. Against a negative macroeconomic backdrop, consumer confidence has been downward, and retailers face many challenges, including business closures and labour market instability. Footwear imports have started to fall, pointing to a possible crisis in the sector
World
US holiday retail sales expected to rise up to 3.3% in 2024
Oct 10, 2024 / United States
Consulting firm Deloitte forecasts that holiday retail sales will increase between 2.3% and 3.3% in 2024, driven by a projected 7% to 9% growth in e-commerce as consumers continue to shift to online
Companies
Kurt Geiger set for potential sale
Oct 14, 2024 / United Kingdom
With a potential 400 million British pounds price tag, the luxury footwear brand Kurt Geiger is in early talks with Alteri Investors and other bidders after posting record profits despite a challenging luxury market
Companies
Kayak Storm and its focus on sustainability
Oct 14, 2024 / Portugal
Portuguese footwear manufacturer Kayak Storm has achieved GRS (Global Recycled Standard) certification for some of its products. Let’s find out more about a company that has made sustainability a cornerstone of its business
Companies
Uniqlo parent company reports strong full year
Oct 11, 2024 / Japan
The Japan-based fashion retailer Fast Retailing has reported “considerable full-year revenue and profit gains” for fiscal 2024, driven by Uniqlo’s performance both at home and abroad
World Footwear Events
Next Events
Oct
15
Oct 15-Oct 17, 2024 | Tokyo- Japan
Fashion World Tokyo
Oct
15
Oct 15-Oct 17, 2024 | Tashkent- Uzbekistan
Uzcharm Expo
Oct
16
Oct 16-Oct 17, 2024 | Alicante - Spain
Futurmoda
Oct
16
Oct 16-Oct 17, 2024 | Kobe - Nagata- Japan
Japan Grand Shoes Collection
Oct
22
Oct 22-Oct 25, 2024 | Moscow- Russian Federation
Obuv Mir Kozhi
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More News
Companies
International sales soar at SportsShoes.com
Oct 10, 2024
Companies
Mytheresa acquires Yoox Net-a-Porter from Richemont
Oct 9, 2024
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