World Footwear

Shoes

Pakistan's footwear exports up by 4.29%

Jun 29, 2020 / Pakistan
Footwear exports of the Asian country increased by 4.29% during the first eleven months of current financial year (2019-20) as compared to the corresponding period of last year

Inditex wants 25% of sales online within 2 years

Jun 29, 2020 / Spain
The Spanish group owning brands Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe, wants online sales to represent over 25% of the total by 2022. This compares with 14% in financial year 2019

Nike's revenue falls by 38% in the last quarter

Jun 29, 2020 / United States
Revenue for Nike decreased by 38% to 6.3 billion US dollars, down by 36% on a currency-neutral basis, primarily due to owned and partner physical store closures across North America, EMEA and APLA due to COVID-19

Merrell names Janice Tennant as Chief Marketing Officer

Jun 26, 2020 / United States
Merrell, a division of Wolverine announced the appointment of Janice Tennant to the position of Chief Marketing Officer, reporting directly to Merrell’s global brand president, Chris Hufnagel, and joining the brand’s Senior Leadership Team

Shoe Carnival: second quarter exceeds expectations

Jun 25, 2020 / United States
The Indiana-based retailer of footwear and accessories provided a business update following the re-opening of its stores amid the global COVID-19 pandemic

Macy’s announces restructuring plan

Jun 25, 2020 / United States
The New York-based retailer announced it will eliminate approximately 3 900 corporate and management roles. With the actions announced Macy's anticipated to create approximately 630 million US dollars per year in savings

Argentina: retail re-opens amid national quarantine extension

Jun 24, 2020 / Argentina
The World Footwear spoke with Camara de la Industria del Calzado, the Footwear Industry Chamber in Argentina to get an update on the COVID-19 impacts in the country

Cooperation is the new trend

Premium ContentJun 23, 2020 / World Footwear Reports
The recovery phase that almost every business is about to face requires a rethinking of their business model, but it also provides an opportunity to make a real change in the way businesses are conducted. Cooperation can be the key in many fields

COVID-19 pandemic fuels solo fitness

Premium ContentJun 23, 2020 / Coronavirus - Covid19
As many people change from classes into solo fitness, we could be witnessing a rise in demand for products for outdoor activities, individual sports or running

New Generation: meet Beatriz Vasconcelos from Névoa

Jun 22, 2020 / Portugal
In December 2018, Beatriz won the competition at ModaPortugal, in the footwear category. Névoa is the new brand of this young designer, which made her debut in the last edition of Micam in February

Brazilian footwear exports decreased by 66% in May

Jun 22, 2020 / Brazil
Data prepared by the Brazilian Footwear Industries Association (Abicalçados) indicates that 2.7 million pairs were shipped in May, generating 23.9 million US dollars of revenue. This resulted in decreases both in volume (-64.7%) and in value (-66%)

Buy Less, Buy Better

Premium ContentJun 19, 2020 / World Footwear Reports
While we have been encouraged to stop overconsumption for many years now, this pandemic may have created the perfect opportunity for this shift in consumer behaviour to happen. What business tips arise from here?

Genesco: sales down by 44%

Jun 19, 2020 / United States
The US-based group has announced first quarter results marked by a decline of 44% in net sales. The sales decrease was driven by the closure of stores for the back half of the first quarter

Kurt Geiger to donate first month of store profits to the NHS

Jun 19, 2020 / Coronavirus - Covid19
The British-based retailer is set to give all store profits from the first month of trading after the lockdown to the National Health Service (NHS)

Retail Re-opening: Impacts on the Global Supply Chain

Premium ContentJun 18, 2020 / World Footwear Reports
As the world became global the advantages of access to resources, reducing costs, increasing efficiency and universal reach are undeniable. Nevertheless, in a globalized economy not only gains but also risks spread rapidly
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