Shoes
Ecco’s 2019 revenue up by 3.9%
The Denmark-founded brand announced what they have called a successful year with net sales of 1.360 million euros (1.309 million euros last year) and profit before tax of 196 million euros (201 million euros in 2018)
Skechers with 2.7% decline in sales
The US-based brand closed 2019 with strong results, which continued into the beginning of 2020. However, the slowdown in global markets impacted by the Covid-19 pandemic lead to a 2.7% fall in sales in quarter one
FDRA talks about unprecedented times in the US
With the US fast approaching the 1 million people infected with the new coronavirus, the country is facing an unprecedent time. We spoke with the FDRA to learn how this is impacting the footwear industry
Restarting manufacturing and retail should be on the way in South Africa
Following the announcement that the manufacture and retail of 'winter clothing' will be allowed from the 1st of May onwards, further details of the alleviation of the lockdown measures should be known this week
Cambodia: hundreds of factories are suspending operations
The country’s garment and footwear industries are being severely impacted by the Covid-19 pandemic. Local news website Khmer Times is reporting
Ambitious launches clothing collection
Irreverent design, versatile pieces. These are some of the adjectives characterizing Ambitious products. And if before we only talked about footwear, now clothing joins the family
Kering announces quarter heavily impacted by Covid-19
The luxury group has announced consolidated revenue in the first quarter of 2020 of 3 203.2 million euros, down by 15.4%, as reported (-16.4% on a comparable basis)
Footwear: several challenges arising from the Covid-19 crisis
As they are non-essential goods, clothing, footwear and other fashion items are being particularly hit with the impact of the spread of Covid-19. Retailers and manufacturers are facing several challenges, and will continue to do so
LVMH says its first quarter showed good resilience
The French-based luxury group recorded revenue of 10.6 billion euros for the first quarter of 2020, down by 15% compared to the same period in 2019 and down by 17% on an organic basis
Under Armour: Lisa Collier named Chief Product Officer
The Baltimore-based brand has announced Lisa Collier as Chief Product Officer. Lisa has more than 30 years across global brand leadership, product development, supply chain and merchandising
adidas gets approval for syndicated loan involving state-owned bank
The sportswear giant received the approval of the German government for the participation of KfW, Germany’s state-owned development bank, in a syndicated revolving loan facility amounting to 3.0 billion euros
Nike names Ann Hebert GM for North America
Effective from the 1st of June Nike veteran Ann Hebert, Vice President of global sales, will become Vice President, General Manager of North America Geography, succeeding long-time executive Tom Peddie who is retiring
COVID-19 will impact the way the footwear supply chain is organised
The World Footwear' experts panel, gathering specialists from all over the world, believes that the Covid-19 crisis will result in a re-thinking of the supply chain and the way it is organized
Trump administration announces 90-day duty payment delay
The announcement was well received but the footwear industry associations claim an extension to all goods, as any products facing punitive tariffs imposed by the administration in its trade war with China are excluded
Belgium: start of the summer sales put back to 1st of August
This year’s summer sales will start a month later than normal in Belgium. The decision to postpone the start of the sales by a month is an attempt to mitigate the economic impact of the coronavirus pandemic on retail-
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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