Footwear
US consumption declines by 16%
US-based NPD is monitoring the consumption in the country and has concluded the decline in the week terminating on the 21st of March reached two digits rates
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Puma stores reopen in Wuhan
The giant sporstwear brand has re-opened its store in Wuhan, China, the city where the coronavirus was first reported. The company plans to re-open its five other stores in the greater Wuhan region by mid-April
Clarks considers permanently closing stores
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
Gabriella Marchioni Bocca from Assomac: entrepreneurs have to be sustainable
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 Shoes: All Together
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
US: consumers shifting e-commerce spending towards apparel and footwear
A global payments and shopping provider Klarna has analysed all the transactions made through its retail partners as well as through their app in the last few weeks
Brazil: loss of jobs worries footwear industry
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
Capri implements more measures to deal with Covid-19 impact
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
Shoe Carnival extends store closures
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
Sergio Rossi dies at 84
Unanimously named a footwear legend Italian Sergio Rossi has built a successful luxury footwear brand and has inspired generations of designers
Copenhagen Fashion Summit reveals new theme for 2020
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
Chile: Covid-19 is aggravating the situation caused by social instability
The country is still feeling the early stages of Covid-19 diffusion with little more than 3 000 confirmed cases. We spoke with FEDECCAL to understand the impact in the footwear industry
Foschini to stop rental payments during South Africa’s lockdown
The South African retailer said it’s stopping rental payments as it takes the hit of the coronavirus outbreak
Columbia Sportswear: CEO cuts own salary and employees get regular pay
Tim Boyle, President and CEO of Columbia Sportswear, will be reducing his annual salary to 10 000 US dollars. The company plans to continue to offer regular pay its employees-
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