Footwear stocks treaded water in a quarter marked by shareholder activism
Shoe Intelligence
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1d ago
The prices of stocks monitored by Shoe Intelligence grew by 1.3 percent on average in the first quarter of 2024, compared with the previous three months, in very volatile trade. The quarter was marked by shareholder activism ..read more
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How Fibbl aims to reduce returns, increase conversion rates with 3D models, AR technology
Shoe Intelligence
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1d ago
The Stockholm-based startup Fibbl states that its photorealistic 3D models and augmented reality technology for e-commerce can help footwear brands using its services tackle problems with high returns while also increasing conversion rates ..read more
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C-Suite interview: Palmroth plans to double its sales in three years
Shoe Intelligence
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1d ago
Palmroth is a family-owned footwear company based in Tampere, Finland, whose history dates back to 1928. Largely centered on winter shoes, the brand aims to double its sales volumes within the next three years ..read more
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How returns can be an opportunity to boost sales
Shoe Intelligence
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1w ago
Returns represent a significant cost for online retailers and a scourge for the environment. In the US alone, e-commerce customers returned 17 percent of goods for a total value of $816 billion (€754bn) in 2022, according to the National Retail Federation. The figure is even higher in the EU, where ..read more
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Heydude is the hottest casual footwear brand in the US - Brand Heat Index
Shoe Intelligence
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3w ago
Heydude is the hottest casual footwear brand, both among men and women in the US, while Allbirds fell out of the top 10 both for men and women, according to the 2024 U.S. Footwear and Apparel Brand Heat Index released by L.E.K. Consulting ..read more
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Footwear sales rose by 4% in 2023 in Germany while 15% of stores closed
Shoe Intelligence
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1M ago
Footwear retail sales in Germany increased in 2023 by approximately 4 percent, or €480 million, to €11.6 billion (including VAT), despite a few spectacular bankruptcies, estimates from the country’s textile, shoes and leather goods trade association, BTE, showed ..read more
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German economic sentiment improves
Shoe Intelligence
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1M ago
In February, the index for economic sentiment in Germany rose to 19.9 from 15.2 in January, lifted by expectations that the European Central Bank (ECB) and the US Federal Reserve would start cutting interest rates to stimulate the economy, according to the latest survey released by think tank ZEW. Economists ..read more
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Italian shoemakers concerned about the first half of 2024
Shoe Intelligence
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1M ago
After having experienced a decline in revenues in the second part of 2023, Italian footwear manufacturers expect the negative trend to continue during the first half of 2024 ..read more
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How Starlet continues to develop its fashion line as it grapples with adverse forex
Shoe Intelligence
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1M ago
The Starlet group, a Pakistani shoemaker based in Lahore, has continued to develop its line of fashion shoes, with a foray into women’s footwear, while having to deal with the consequences of a sharp devaluation of the local currency. Between early 2022 and September 2023, the Pakistani rupee declined by ..read more
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How Cortina wants to disrupt the sneaker market with its new SJ brand
Shoe Intelligence
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1M ago
Simultaneously in Europe and in Asia, Cortina launched the SJ brand, which it expects will disrupt the sneaker market and help it make the transition from a private label business to a brand-centric entity. The new label was showcased at Expo Riva Schuh & Gardabags, an international trade show specializing ..read more
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