United States
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
Tapestry stores continue closed in many locations but China re-opened
Tapestry has extended store closures in North America and Europe for an additional two weeks (through the 24th of April). Stores in China have re-opened
PVH completes sale of Speedo North America
PVH announced the completion of the sale of its Speedo North America business to Pentland Group, parent company of the Speedo brand, for 170 million US dollars in cash
Nike announces new round of Covid-19 donations
Including the new donation, Nike’s leaders, the Nike Foundation and Nike have committed more than 17 million US dollars to Covid-19 response efforts around the world
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
US: consumers shifting e-commerce spending towards apparel and footwear
A global payments and shopping provider Klarna has analysed all the transactions made through its retail partners as well as through their app in the last few weeks
Capri implements more measures to deal with Covid-19 impact
As Covid-19 continues to spread in the US and in the world, the luxury group has announced more measures to face the situation. Capri aims to maintain the company’s financial flexibility
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
Columbia Sportswear: CEO cuts own salary and employees get regular pay
Tim Boyle, President and CEO of Columbia Sportswear, will be reducing his annual salary to 10 000 US dollars. The company plans to continue to offer regular pay its employees
Macy’s updates the market in regard to Covid-19
All of the company' stores have been closed since the 18th of March and will remain closed until it is safe to reopen. Company announces that majority of workers will go on furlough beginning this week
Crocs launches Free Pair for Healthcare Program
The US-based footwear manufacturer is offering US healthcare workers fighting Covid-19 a free pair of Crocs and free shipping
New Generation: meet Catarina Neves
With a background in architecture, Catarina has always designed pieces for herself. When requests from friends and family started to increase, she decided to create Pallas
Shoe Carnival with record net sales
The Indiana-based company announced results for fiscal 2019. The year was marked by a record 1.037 billion US dollars in net sales
Under Armour contribution to fight Covid-19: 2 million US dollars donated
The Baltimore-based footwear brand will donate 2 million US dollars aimed to provide community support for those impacted by recent pandemic
Genesco closes stores temporarily
Another group closes doors in the US following the rapid diffusion of the Covid-19 on the country. Genesco recently announced its business guidance for 2020, but is now withdrawing it-
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