World Footwear

Consumption

Restarting manufacturing and retail should be on the way in South Africa

Apr 28, 2020 / 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

Footwear: several challenges arising from the Covid-19 crisis

Apr 24, 2020 / Coronavirus - Covid19
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

Belgium: start of the summer sales put back to 1st of August

Apr 17, 2020 / Belgium
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

Italy: entire footwear supply chain in lockdown

Premium ContentApr 15, 2020 / Italy
The spread of Covid-19 has been particularly severe in Italy, where the sanitary crisis is now paired with a lockdown of most productive activities. The footwear industry is no exception

Hermès: one China store with 2.7 million US dollars sales in one day

Apr 15, 2020 / China
WWD is reporting that Hermès China's second-largest Guangzhou flagship has registered 2.7 million US dollars in sales on the reopening day

Caleres expands liquidity position

Apr 15, 2020 / United States
The St. Louis-based company has exercised a portion of the accordion feature on its asset-based revolving credit facility, which increased the available borrowing capacity under the facility to a total of 600 million US dollars

Sports footwear sales down by 75% in the US

Apr 14, 2020 / United States
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

Footwear consumption to decline 22.5% in 2020

Premium ContentApr 13, 2020 / Business Conditions Survey
The World Footwear' experts panel, gathering specialists from all over the world, is foreseeing a drop in global footwear consumption of 22.5% in the current year

Covid-19: latest news from Korea

Premium ContentApr 9, 2020 / South Korea
We continue our trip around the word to give you the latest updates about the impact of Covid-19 in the different markets. Today is Korea's turn

South Africa: massive disruption caused by Covid-19

Premium ContentApr 9, 2020 / South Africa
In the last few weeks, the situation aggravated in South Africa, as a full lockdown has been in place since the 27th of March and disruption has increased significantly

Join the World Footwear Experts Panel today

Apr 8, 2020 / Business Conditions Survey
Follow the attached link and enrol in our Panel of Experts. As soon as a new edition of the World Footwear Business Conditions opens, we will contact you to get your input

Clarks considers permanently closing stores

Apr 8, 2020 / United Kingdom
The UK-based footwear retailer is preparing for the permanent closure of some of its stores and asked bankers to advise on options available for the strategic move

US: consumers shifting e-commerce spending towards apparel and footwear

Apr 7, 2020 / United States
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

Brazil: loss of jobs worries footwear industry

Apr 6, 2020 / Brazil
With a reduction in consumption as brick and mortar stores close in an attempt to contain the spread of Covid-19, job loss in the sector might be the next problem

Covid-19 in Asia: latest update

Premium ContentMar 25, 2020 / Asia
After reporting the situation in Vietnam, Republic of Korea and Malaysia, today we bring you more news from Cambodia and Japan
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