Consumption
US: athletic footwear hit hard by Covid-19
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
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
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
Footwear consumption to decline 22.5% in 2020 as supply chain gets re-organised
The World Footwear' experts panel is foreseeing a drop in global footwear consumption of 22.5% in the current year. Read the main conclusions on the impacts of Covid-19 in the footwear industry
Survey reveals that US consumers feel least safe in shopping malls
A recent study by First Insight unveils consumer sentiment around feelings of safety when visiting several store format and environments
Macy's plans to reopen 68 stores on Monday
The American department store chain is re-opening 68 stores on Monday in states that reduced coronavirus lockdown restrictions. Macy's plans to re-open more stores in the upcoming weeks
Latin America: footwear associations raise their concerns
Argentina, Brazil, Colombia, Chile, Ecuador, Guatemala, Mexico, Paraguay, Uruguay and Venezuela got together and issued a statement with their concerns arising from the impact of Covid-19 on the footwear industry
FDRA talks about unprecedented times in the US
With the US fast approaching the 1 million people infected with the new coronavirus, the country is facing an unprecedent time. We spoke with the FDRA to learn how this is impacting the footwear industry
Restarting manufacturing and retail should be on the way in South Africa
Following the announcement that the manufacture and retail of 'winter clothing' will be allowed from the 1st of May onwards, further details of the alleviation of the lockdown measures should be known this week
Footwear: several challenges arising from the Covid-19 crisis
As they are non-essential goods, clothing, footwear and other fashion items are being particularly hit with the impact of the spread of Covid-19. Retailers and manufacturers are facing several challenges, and will continue to do so
Belgium: start of the summer sales put back to 1st of August
This year’s summer sales will start a month later than normal in Belgium. The decision to postpone the start of the sales by a month is an attempt to mitigate the economic impact of the coronavirus pandemic on retail
Italy: entire footwear supply chain in lockdown
The spread of Covid-19 has been particularly severe in Italy, where the sanitary crisis is now paired with a lockdown of most productive activities. The footwear industry is no exception
Hermès: one China store with 2.7 million US dollars sales in one day
WWD is reporting that Hermès China's second-largest Guangzhou flagship has registered 2.7 million US dollars in sales on the reopening day
Caleres expands liquidity position
The St. Louis-based company has exercised a portion of the accordion feature on its asset-based revolving credit facility, which increased the available borrowing capacity under the facility to a total of 600 million US dollars-
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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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