Footwear
Covid-19: situation worsens in 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
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
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
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%
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
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
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
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
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
The luxury retailer became the first major US department store group to file for bankruptcy protection during the coronavirus pandemic
Nordstrom to close 16 stores as it restructures the business
As the company prepares to re-open ist stores, as Covid-19 restrictive measures start to be alleviated, Nordstrom has announced it plans to permanently close 16 full-line stores
Re-opening the economies after Covid-19
As many countries start to alleviate the restrictive measures of the last weeks and re-open their economic activities, several concerns fill everyone's thoughts, as we all witness changes in retail, manufacturing, and consumption
Burberry says it will not apply for British state crisis money to pay salaries
With the UK under lockdown given the Covid-19 pandemic, many companies have taken advantage of the state job retention scheme. Burberry has said it won't take any of this cash
J.Crew files for bankruptcy protection
The multi-brand, multi-channel, specialty fashion retailer J. Crew became the first major US retailer to file for bankruptcy protection in the middle of the coronavirus outbreak-
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
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