World Footwear

Companies

10 years of Portuguese Soul

Jul 27, 2020 / Portugal
In 2020 Portuguese Soul magazine celebrates one decade of spreading Portuguese creativity. This new edition is especially dedicated to people and brands that value the country abroad

Skechers with recovery on the horizon

Jul 24, 2020 / United States
The US-based footwear giant has announced second quarter results. Sales declined by 42.0% overall. However, Skechers is optimistic with growth in China, improvement in many markets and the jump on ecommerce

Foot Locker implements new organizational structure

Jul 24, 2020 / United States
The footwear giant announced a new organizational structure with several executive changes and senior management promotions implemented. The aim, according to Foot Locker, is to elevate the customer experience

Liberty Shoes expects 35%-45% drop in revenue

Jul 24, 2020 / India
India-based footwear firm is expecting up to 45% decline in its revenue in the current fiscal due to COVID-19. Amid coronavirus pandemic, footfall at stores has dropped significantly as customers are avoiding public places and encouraging social distancing

US: Healthy Workplace Tax Credit to go ahead

Jul 23, 2020 / United States
The National Retail Federation welcomed new legislation that would give businesses a tax credit intended to help defer the cost of employee testing, PPE, cleaning and other steps needed to make workplaces safe during the coronavirus pandemic

US: major retailers requiring customers to wear face masks

Jul 23, 2020 / United States
As numbers of daily new cases continue high in the US, many retailers are following the practice advocated by the Centres for Disease Control and Prevention and demanding customers to wear face masks in their premises

VF Corp to open multi-brand retail store In Milan

Jul 23, 2020 / Italy
The US-based group plans to open its first multi-brand store this fall. The location chosen was Milan (Italy). The store, inside a historic building at 11 Orefici Street, will feature collections from The North Face, Timberland and Napapijri with other VF brands

Is your store or brand ready for customers after COVID-19?

Premium ContentJul 22, 2020 / Coronavirus - Covid19
In the new normality of the post-COVID-19 the retailers' activities to promoting safety, protection and health measures for employees, customers and suppliers becomes key. Brand managers also have to think about several topics not to miss important opportunities for their businesses. Do you want to know more?

Open Your Mind campaign: initiatives in Portugal

Jul 22, 2020 / Portugal
Promoted by the European Commission, through the Executive Agency for Small and Medium-sized Enterprises and DG GROW (Directorate General for Internal Market, Industry, Entrepreneurship and SMEs), the campaign is presenting itself to young people

Tapestry with interim leadership changes

Jul 22, 2020 / United States
The New York-based house of modern luxury accessories and lifestyle brands, announced that effective immediately, Jide Zeitlin, Chairman and Chief Executive Officer, has resigned from the Company and its Board of Directors for personal reasons

361 with decline in sales

Jul 21, 2020 / Hong Kong
The Board of the Hong Kong based footwear company has provided operational updates for its business segments referring to the second quarter of 2020

Iconix Brand Group is exploring sale

Jul 21, 2020 / United States
The Board of the Iconix Brand Group has decided to broaden its exploration of strategic alternatives available to the company to enhance shareholder value, including a potential sale

How to Communicate Sustainability?

Premium ContentJul 20, 2020 / World Footwear Reports
Consumers are increasingly aware of the environmental issues and are become demanding regarding the products they buy. Are companies thinking about sustainability? And are companies communicating what they are doing?

Coronavirus driven lockdowns return to the US

Premium ContentJul 20, 2020 / United States
Some US states such as California and Oregon are bringing back orders to lockdown as new cases of people infected with coronavirus continue to climb. Consumers in badly hit areas might not feel comfortable to visit stores

Mandatory footwear labeling is introduced in Russia

Jul 20, 2020 / Russian Federation
After several delays and despite the continuing complaints by market operators, Russian authorities have introduced a mandatory labelling of footwear on the domestic market. This is effective since the 1st of July and applies to domestic and imported footwear
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