World Footwear

Footwear

Wolverine: revenue declines by 16.1%

May 15, 2020 / United States
The Michigan-based group has reported financial results for the first quarter ended on the 28th of March and updated its actions related to the Covid-19 pandemic

South Korea: retail open as usual

May 14, 2020 / South Korea
The Asian country has a total number of reported cases is slightly below 11 000, with the death toll just near the 260 threshold

Micam prepares September edition

May 14, 2020 / Italy
The Milano-held trade fair announced the coming edition to be held at the Rho trade-fair centre from the 20th to the 23rd September as an opportunity for the industry to get restarted after Covid-19

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

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

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

Neiman Marcus files for bankruptcy

May 7, 2020 / United States
The luxury retailer became the first major US department store group to file for bankruptcy protection during the coronavirus pandemic
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