World Footwear

Companies

The new normal in Malaysia

Premium ContentMay 13, 2020 / Malaysia
The country is currently under Phase 5 of its MCO (Movement Control Order) until the 9th of June. Manufacturing and retail are operational with restrictions

Covid-19: situation worsens in Chile

May 13, 2020 / Chile
The country seems to be entering in a critical stage of the diffusion of the disease. With many restrictions applied to the economy, footwear is being hit hard

Brazil: footwear industry with 28.4 thousand jobs lost

May 13, 2020 / Brazil
According to a study by Abicalçados, the Brazilian Footwear Industries Association, the diffusion of Covid-19 has heavily impacted the Brazilian footwear sector, which has already lost 28 400 jobs

Italian footwear industry with 38% drop in sales

May 13, 2020 / Italy
In the first quarter of 2020 Italian footwear companies had an average drop in sales of -38.4%. In the same period orders declined by 46.2%, according to Assocalzaturifici

Footwear back in business in Europe

Premium ContentMay 12, 2020 / Coronavirus - Covid19
As European countries face the different stages of the sanitary crisis, they are also working on the re-opening of the economies. Today we bring you updates from Italy, Spain, Germany, Belgium, France and Poland

Pakistan: footwear exports increase by 15.86%

May 12, 2020 / Pakistan
In the first nine months of the current financial year, footwear exports of Pakistan grew by 15.86%, with leather footwear being the main category and growing by 11.26% in value

Could Covid-19 be a turning point in geopolitics?

May 12, 2020 / Coronavirus - Covid19
A recent report by The Economist Intelligence Unit reflects on how the Covid-19 pandemic can influence the balance of power and change geopolitics

Genesco: phased store reopening in place

May 11, 2020 / United States
The Nashville-based company provided details on its store reopening plans in response to the Covid-19 pandemic driven closures

Stella's revenue down by 16% in quarter one

May 11, 2020 / Hong Kong
One of the largest footwear manufacturers reported first quarter revenue down by 16%. Stella was also impacted by the outbreak of the Covid-19 in China and diffusion across the world

Aldo asks for creditors' protection

May 11, 2020 / Canada
The Canada-based group, created in 1972, requested a creditors' agreement at the Quebec Superior Court. The same procedure was initiated in the United States and Switzerland might follow

US: athletic footwear hit hard by Covid-19

May 8, 2020 / United States
In its analysis of the first quarter of the year NPD confirm the expectations: Covid-19 has had significant impact across US athletic footwear and activewear businesses

Covid-19 puts US unemployment rate over 14%

May 8, 2020 / United States
According to the US Department of Labour 20 million Americans lost their jobs in April in what is the worst month since the Great Depression

Wock's solidarity initiative

May 8, 2020 / Portugal
Under the motto We are for you (Somos por ti in Portuguese), professional footwear company Wock has joined the efforts to fight the Covid-19 impacts and will donate 3000 pairs of shoes to healthcare professionals

Puma focuses on survival and recovery

May 8, 2020 / Germany
The sportswear brand is working with 3 phases - Survive, Recover, Grow Again - as it deals with the impacts of Covid-19. First quarter sales declined by 1.3%, but in the current quarter revenue is at 50% normal level

Germany: postponing season timings for footwear and leather goods

May 7, 2020 / Germany
The HDS/L and buying groups SABU and ANWR issued a joint declaration recommending postponing the season timings in footwear and leather goods sector to help minimise the impact of Covid-19 closures
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