Retail
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
Sports footwear sales down by 75% in the US
According to NPD Group’s weekly retail tracking service in the 5th week of March the drop in sports footwear sales reached 75%, in line with the previous week decline
Footwear consumption to decline 22.5% in 2020
The World Footwear' experts panel, gathering specialists from all over the world, is foreseeing a drop in global footwear consumption of 22.5% in the current year
Covid-19: level of disruption rises in Vietnam
The country has less than 300 reported cases and no deaths resulting from Covid-19 but the impacts in the footwear industry are noticeable, and Intensive Social Distancing is currently in place
Growing concerns in Poland due to Covid-19 impacts
The country has more than 6 600 cases of people infected with Covid-19 and little more than 230 deaths. While no formal lock down of the productive activities is in place the disruption is growing
Malaysia: all operations ceased except essential services
As Covid-19 continues to spread, the country already has more than 4 200 infected and the economy is stopped, apart from 10 key essential services
Covid-19: latest news from Korea
We continue our trip around the word to give you the latest updates about the impact of Covid-19 in the different markets. Today is Korea's turn
South Africa: massive disruption caused by Covid-19
In the last few weeks, the situation aggravated in South Africa, as a full lockdown has been in place since the 27th of March and disruption has increased significantly
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
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
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
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-
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