PVH announced the completion of the sale of its Speedo North America business to Pentland Group, parent company of the Speedo brand, for 170 million US dollars in cash
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
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
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
Including the new donation, Nike’s leaders, the Nike Foundation and Nike have committed more than 17 million US dollars to Covid-19 response efforts around the world
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The UK-based footwear retailer is preparing for the permanent closure of some of its stores and asked bankers to advise on options available for the strategic move
During the last edition of Simac Tanning Tech in Milan we spoke with Gabriella Marchioni Bocca, President of Assomac to hear her views about the current state of the industry
Portuguese footwear companies are temporarily replacing the production of footwear with the manufacture of technical equipment. The goal is to donate this technical equipment to healthcare professionals and nursing homes
With a reduction in consumption as brick and mortar stores close in an attempt to contain the spread of Covid-19, job loss in the sector might be the next problem
As Covid-19 continues to spread in the US and in the world, the luxury group has announced more measures to face the situation. Capri aims to maintain the company’s financial flexibility
The US-based footwear retailer has announced it would be extending its store closures until further notice, given the diffusion of the Covid-19 in the country
The organisers of the trade fair believe it is time to reset given the global pandemic impact in all activities around the world and elements of our daily lifes and have announced a new theme