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Tag: footwear

Apparel, restaurants, footwear among retail to take a hit by COVID

COVID-19 will have an impact across the board on discretionary categories in the retail sector as limited social interactions and increased WFH trends may hit apparel, quick service restaurants (QSR) and footwear players. Slow demand recovery will aggravate cost pain for companies. Strong growth case built on both store expansion and will pause. Over a …

Apparel, restaurants, footwear among retail to take a hit by COVIDRead More

Athleisure set to increase its share in clothing and footwear to 18.5 pc by 2023 in APAC

The athleisure market in the Asia-Pacific (APAC) region is no longer just a western world phenomenon. It symbolizes the millennial cultural shift as more casual workplaces have diminished the strict formal dress codes at work and beyond. The athleisure market including all clothing and footwear expenditure in the APAC region is forecast to rise to …

Athleisure set to increase its share in clothing and footwear to 18.5 pc by 2023 in APACRead More

What is in store for footwear industry post COVID-19

The outbreak of COVID-19 has already changed the way businesses across sectors function. Companies are re-strategizing and re-structuring their internal models and business plans so that they are able to efficiently get back on track when the pandemic is behind us and the economy has revived. With people observing social distancing in India and staying …

What is in store for footwear industry post COVID-19Read More

W expands offering, introduces footwear

Expanding its offering, W, one of the leading women’s apparel brand, has forayed into the footwear market, with an exclusive range of fashionable Footapparel. A fine amalgamation of classic western designs, with a hint of Indian-ness, the collection is set to complete the wardrobe solution offered by W. Keeping the fashion quotient high, the range …

W expands offering, introduces footwearRead More

UK retail sales rebound as shoppers snap up clothing and footwear | Business

Retail sales rebounded last month as consumers flocked to buy discounted clothing and footwear, giving the high street a welcome boost after a dire 2019. The Office for National Statistics said sales increased on average across the high street and online by 0.9%, reversing a 0.6% decline during December. Drawing a line under the worst …

UK retail sales rebound as shoppers snap up clothing and footwear | BusinessRead More

Budget 2020: Global furniture, footwear brands hit by custom duty hike

In bad news for global furniture and footwear brands like Swedish home furnishing multinational IKEA that aim to expand in India, the government on Saturday announced a raise in customs duty on imported footwear to 35 percent from 25 percent and on furniture goods to 25 percent from 20 percent. The news comes at a …

Budget 2020: Global furniture, footwear brands hit by custom duty hikeRead More

Direct-to-consumer footwear brand Taft opens its first store

Get great content like this right in your inbox. Subscribe Another digitally native retailer has made the jump to brick-and-mortar. Men’s footwear brand Taft has opened its first-ever store, in Manhattan’s SoHo neighborhood. Founded in 2014, the brand has amassed a following among athletes, celebrities and other influencers. Taft shoes are produced in Spain and …

Direct-to-consumer footwear brand Taft opens its first storeRead More

Goods news for footwear retailers

Athleisure is having a big impact on footwear.  Footwear sales in the U.S. are forecasted to increase through 2021 due to strong growth in the sport leisure category, according to The Future of Footwear, a new report from The NPD Group. The report also found that sport leisure—which is dominated by athletic-inspired casual sneakers, and …

Goods news for footwear retailersRead More