Expensive shoes sell best in times of crisis
01.10.2015 5370

Expensive shoes sell best in times of crisis

The luxury goods market, as the most stable segment of the fashion market, grew by 3 percent last year and amounted to 224 billion euros, in the coming years it is forecasted to grow by another 4-6 percent. According to experts, expensive shoes and luxury handbags are best sold during the crisis; the retailer makes a small margin to reduce customer churn and keep the total number of purchases. By 2019, the apparel market is expected to grow within 60%, while the footwear and leather accessories market is expected to be around 150, which proves the profitability of this business.

The luxury goods market, as the most stable segment of the fashion market, grew by 3 percent last year and amounted to 224 billion euros, in the coming years it is projected to grow by another 4-6 ...
5
1
Rating

Latest News

Lamoda cancels the fee for goods acceptance and increases the shelf life

Online retailer Lamoda, specializing in the sale of Fashion category goods, announces changes in work with partners who work with the marketplace using the FBO (Fulfilment by operator) model, that is, with those who store…
13.06.2024 107

Hey Dude x Lee collaboration released

Crocs Inc-owned moccasin brand Hey Dude has released a collaboration with denim brand Lee. A small capsule collection dedicated to summer and beach holidays, consisting of seven items, including men's, women's and unisex clothing, accessories and…
11.06.2024 250

The collaboration between Ecco and Natasha Ramsay-Levi was presented by Julia and Anna Peresild

Danish footwear brand Ecco continues its collaboration with designer Natasha Ramsay-Levi, former creative director of Chloé. A new limited collection of shoes from a sensational collaboration in Russia was presented by Yulia Peresild and her daughter...
11.06.2024 302

Swiss sportswear and footwear brand ON has chosen Zendaya as its ambassador

27-year-old American actress and singer Zendaya became the ambassador of the sportswear and footwear brand On, founded in Zurich in 2010 by Olivier Bernhard, David Alleman and Caspar Coppetti. Such a partnership is an application of a young...
10.06.2024 361

MICAM switches to a three-day format

Italy's leading international exhibition of footwear and accessories MICAM returns to a three-day format, the next event will be held from September 15 to 17, and not to September 18 as previously announced. The venue is the same - Milan...
10.06.2024 364
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning