Shoes

H&M falls to loss

Apr 6, 2021 / Sweden

The Swedish-based fashion retailer Hennes & Mauritz (H&M) reported a 21% drop in sales and now fell to a loss in the three months to the end of February. The latest restrictions to contain the spread of COVID-19 led to more than a third of H&M stores closed worldwide

Companies Coronavirus - Covid19 Fashion Footwear Online Retail Sales Shoes Sweden

Footwear consumption to increase this year, but pre-pandemic levels should not be reached before 2023

Premium ContentApr 5, 2021 / Business Conditions Survey

The World Footwear' experts panel, gathering specialists from all over the world, is foreseeing a slight recover in footwear consumption during 2021 (+2.8%). Pre-pandemic levels shouldn't be reached before 2023

Business Conditions Survey Companies Consumption Coronavirus - Covid19 Digital ecommerce Footwear Prices Retail Sales Shoes

New Generation: meet António Silva

Apr 2, 2021 / Portugal

António Silva has trained to be a doctor, but management has always been a passion, which is why he attended an executive course in this area. He is the founder of the footwear brand Cantaloupe

Companies Footwear Interview Management New Generation People Portugal Shoes

Professional training in the fashion industry under discussion in Europe

Apr 2, 2021 / CEC

The European Footwear Confederation (CEC) participated in a High-level Roundtable with European Commissioners Nicolas Schmit and Thierry Breton. Other Textile, Clothing and Leather stakeholders joined to discuss the industries’ perspective and best skills strategy to recover from the COVID-19 crisis and increase growth

CEC Companies Fashion Footwear Shoes Training

Nike to stop selling to six wholesale players

Apr 2, 2021 / United States

In a note, Williams Trading’s Analyst, Sam Poser, stated that proprietary checks confirm that Nike will close six wholesale accounts: DSW, Urban Outfitters, Shoe Show, Dunham’s Sports, Olympia Sports, and Big Five

Brands Companies DSW Footwear Nike Shoes United States

US: stimulus checks fuel spending in athletic footwear and apparel

Apr 1, 2021 / United States

Data from the Bank of America Global Research reveals that Americans are buying more sneakers and apparel, as the stimulus checks reach the bank accounts of many Americans

Companies Consumption Coronavirus - Covid19 ecommerce Footwear Retail Shoes Sneakers United States

Virus-proof soles

Apr 1, 2021 / Portugal

A group of Portuguese researchers are working on a project involving the Universities of Aveiro, Porto and Minho. The goal is to create a virus-proof shoe sole, which helps fighting the coronavirus, among others virus

Companies Coronavirus - Covid19 Footwear Footwear Components Innovation Portugal Shoes

Italy's fashion industry asks authorities for clear decisions

Apr 1, 2021 / Italy

A statement was issued by some of the most important fashion entities of the country. They argue that trade fairs are an essential asset for SME’s and industry in Italy, and starting them up again would be an important trigger for recovery of the national economy

Companies Coronavirus - Covid19 Events Exhibition Fashion Footwear Italy Lineapelle Micam Shoes Trade fairs

South Africa: impact of COVID-19 on the footwear industry

Mar 31, 2021 / South Africa

Jirka Vymetal, the Executive Director of SAFLIA - Southern African Footwear and Leather Industries Association, spoke with local magazine S&V about the state of the footwear industry in the country

Companies Coronavirus - Covid19 Exports Footwear International Trade Manufacturing Production Sales Shoes South Africa

Weyco: net sales down by 35.7% in 2020

Mar 31, 2021 / United States

The Milwaukee-based footwear group has announced financial results for the quarter and year ended on the 31st of December 2020. Net sales were down by 28.7% in the last quarter of the year. Accumulated loss for the year reached 35.7%

Companies Coronavirus - Covid19 Footwear Online Quarter Results Results Retail Sales Shoes United States

Pakistan footwear exports: increase in volume, decline in value

Mar 30, 2021 / Pakistan

During the first eight months of the current fiscal year, Pakistan exported 11.56 million pairs of footwear, resulting in exports revenue of 88.01 million US dollars. This translates in an increase of 11.67% in volume and a decline of 6.18% in value

Companies Exports Footwear International Trade Leather Leather goods Pakistan Shoes

Joint campaign launched by Puma and Deichman

Mar 30, 2021 / Germany

Germany-based footwear giant Puma and the retailer Deichmann have launched the #WhateverSuitsYou campaign, featuring the American singer Bebe Rexha

Companies Deichmann Footwear Germany Marketing Partnerships Puma Shoes

adidas aims to have 9 out of 10 sustainable products by 2025

Mar 29, 2021 / Germany

The Germany-based sports brand has said that its under their new strategy, Own the Game, a target was set to have nine out of 10 products “sustainable” by 2025. This aim goes up from the current six out of 10

adidas Companies Footwear Germany Shoes Strategy

Nike announces 2025 targets

Mar 29, 2021 / United States

Sportswear brand Nike has announced third quarter revenues of 10.4 billion US dollars, up by 3% compared with the previous year. Over the next five years, Nike aims to bring to life 29 targets focused on people, planet and play

Companies Footwear Quarter Results Results Shoes Strategy Sustainability United States

Yue Yuen’s sales down by 16% in 2020

Mar 28, 2021 / Hong Kong

During the year under review, the group recorded revenue of 8.44 billion US dollars, representing a decrease of 16.4% compared with the previous year. The fall in revenue was mostly attributed to the impact of the COVID-19 pandemic

Companies Footwear Hong Kong Quarter Results Results Sales Shoes Yue Yuen

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