United States
Keen donates 10 million US dollars in shoes for coronavirus relief
The Portland-based company will give away 100 000 pairs of shoes, with a retail value of 10 million US dollars, to those affected by coronavirus, including health care workers and people who have lost jobs
Flat net sales at Genesco
In the last three months of the year, Genesco announced net sales of 678 million US dollars. The total for the complete year reached 2.2 billion US dollars
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
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
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
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
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
Coronavirus to impact US mall traffic
A survey conducted by Coresight Research revealed that nearly three-quarters of US consumers would avoid malls or shopping centres if the coronavirus outbreak worsens in the country
Vans promotes David Tichiaz to GM in North America
VF Corporation, the brand’s parent company, has confirmed the promotion of David Tichiaz to General Manager of Vans Americas
VF closes inaugural 500 million US dollars Green Bond
One of the world’s largest apparel, footwear and accessories companies, announced the closing of its 500 million euros green bond offering, representing the first green bond issued in the apparel and footwear industry
Apparel and footwear industry claims more work on counterfeit
Steve Lamar, President and CEO of the American Apparel & Footwear Association (AAFA), expressed encouragement following the introduction of the SHOP SAFE Act of 2020 in the House of Representatives-
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