World Footwear

Shoes

Nike names Ann Hebert GM for North America

Apr 22, 2020 / United States
Effective from the 1st of June Nike veteran Ann Hebert, Vice President of global sales, will become Vice President, General Manager of North America Geography, succeeding long-time executive Tom Peddie who is retiring

COVID-19 will impact the way the footwear supply chain is organised

Premium ContentApr 21, 2020 / Business Conditions Survey
The World Footwear' experts panel, gathering specialists from all over the world, believes that the Covid-19 crisis will result in a re-thinking of the supply chain and the way it is organized

Trump administration announces 90-day duty payment delay

Apr 21, 2020 / United States
The announcement was well received but the footwear industry associations claim an extension to all goods, as any products facing punitive tariffs imposed by the administration in its trade war with China are excluded

Belgium: start of the summer sales put back to 1st of August

Apr 17, 2020 / Belgium
This year’s summer sales will start a month later than normal in Belgium. The decision to postpone the start of the sales by a month is an attempt to mitigate the economic impact of the coronavirus pandemic on retail

Andrew Tam appointed as CFO of Stella International

Apr 17, 2020 / Hong Kong
Don Lee is retiring as CFO and will become a consultant to the Group. Andrew Tam will take on the position from April 2020 onwards

Brazil: 86% of the Brazilian footwear factories are paralyzed

Premium ContentApr 16, 2020 / Brazil
The South American country has almost 29 thousand reported cases of Covid-19 and more than 1 700 deaths. Most of the footwear factories have stopped operations

The North Face commits 1 million US dollars to Covid-19 efforts

Apr 16, 2020 / United States
The company is joining the fight against Covid-19 pandemic with the donation of 1 million US dollars through its social advocacy platform. North Face is also donating 60 000 gloves

Nike turns Nike Air into PPE

Apr 16, 2020 / United States
The sportswear giant has teamed up with the Oregon Health & Science University (OHSU) to come up with Personal Protective Equipment in the form of full-face shields and powered air-purifying respirator (PAPR) lenses

Italy: entire footwear supply chain in lockdown

Premium ContentApr 15, 2020 / Italy
The spread of Covid-19 has been particularly severe in Italy, where the sanitary crisis is now paired with a lockdown of most productive activities. The footwear industry is no exception

Pou Chen: Vietnam operations suspended for two days

Apr 15, 2020 / Vietnam
The world’s largest manufacturer of athletic shoes, has been ordered to suspend production at its Pouyuen Vietnam business over Covid-19 concerns

Caleres expands liquidity position

Apr 15, 2020 / United States
The St. Louis-based company has exercised a portion of the accordion feature on its asset-based revolving credit facility, which increased the available borrowing capacity under the facility to a total of 600 million US dollars

Sports footwear sales down by 75% in the US

Apr 14, 2020 / United States
According to NPD Group’s weekly retail tracking service in the 5th week of March the drop in sports footwear sales reached 75%, in line with the previous week decline

Footwear consumption to decline 22.5% in 2020

Premium ContentApr 13, 2020 / Business Conditions Survey
The World Footwear' experts panel, gathering specialists from all over the world, is foreseeing a drop in global footwear consumption of 22.5% in the current year

Covid-19: level of disruption rises in Vietnam

Premium ContentApr 13, 2020 / Vietnam
The country has less than 300 reported cases and no deaths resulting from Covid-19 but the impacts in the footwear industry are noticeable, and Intensive Social Distancing is currently in place

Growing concerns in Poland due to Covid-19 impacts

Apr 13, 2020 / Poland
The country has more than 6 600 cases of people infected with Covid-19 and little more than 230 deaths. While no formal lock down of the productive activities is in place the disruption is growing
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