News
Caleres sales up by 3.1%
Despite the decline in consolidated sales in the fourth quarter (-3.0%), Caleres closed the year with a 3.1% increase in consolidated sales
LVMH changes production from perfumes to hand sanitizer
The French-based luxury giant announced its production facilities for the cosmetics branch will start to manufacture large quantities of hydro-alcoholic gel
Portuguese Footwear Industry promotes Immersive Factory Visits
Join the "Sexiest industry in Europe” and get involved with different shoe manufacturing techniques. All delivered during a week spent in one of the must visit cities in Europe: Porto
Shoe Zone announces deferral of dividend payment
The company is planning to cancel its final dividend payment after witnessing a drop in footfall as a result of the Covid-19 pandemic
Nike closes several stores temporarily
The giant sportswear brand decided to close stores in several countries, including in the United States, Canada, Western Europe, Australia and New Zealand to limit the spread of the coronavirus
Under Armour is temporarily closing North American stores
The Baltimore-based company has announced they will close all stores in North America from the 16th of March through the 28th of March 2020
New Balance: closures across office, factory and retail
In a statement issued by the company, Joe Preston, President and Chief Executive Officer, announced a series of measures to ensure the health of associates, customers, and communities
US associations issue joint statement on reports of forced labour
5 trade associations in the US issued a statement on reports of forced labour in the Xinjiang region of China, reinforcing they won't tolerate forced labour in their supply chains
CEO Jide Zeitlin commits to lead Tapestry
The Chairman and Chief Executive Officer of the group has committed to continue leading Tapestry for the next three years as the group defines and implements its multi-year growth agenda
Puma says short-term normalization will not occur
The Germany-based sportswear no longer expects a short-term normalization of the Covid-19 situation despite first encouraging signs coming out of China
Dick's Sporting Goods with increasing sales
The US-based retail chain has announced an increase in sales in the last fiscal year (+3.7%). Dick's remains enthusiastic about the business in 2019 balancing it with a degree of caution over the coronavirus
Lower sales of the German footwear manufacturers
During Gallery Shoes, the Federal Association of the German Footwear and Leather Goods Industry held its Press Conference to give an update about the German footwear industry
FDRA asks for a freeze on shoe duties
Footwear Distributors and Retailers of America (FDRA), the footwear industry’s business and trade association, sent a letter to the White House applauding the proposed payroll tax cut but also encouraging a freeze on footwear duties
Assocalzaturifici: trade fairs in Kiev and Munich indefinitely postponed
Restrictions imposed by the Italian government’s regarding new measures for the limitation of the spread of Covid-19, limiting the mobility of Italian citizens, lead to the postponing of the 2 events
Tapestry with 1% increase in net sales
The company announced second quarter results with a 1% increase in net sales. Net income presented double digit growth rate in the period. Second half guidance includes negative impact of the coronavirus outbreak
Media Partners
Media Partners
-
La Conceria
ARS ARPEL
Shoe Intelligence
UNIT Publishing House