The two-century-old company filed for bankruptcy after taking the hit of the COVID-19 pandemic’s impact on clothing sales. Pandemic kept customers at home reducing the demand for suits and formal attire
According to Xinhua, citing the Ministry of Industry and Trade, in the period run from January 2020 to June 2020 Vietnam registered 8.1 billion US dollars of footwear exports revenue, resulting in a decline of 6.7% year-on-year
According to the latest Australian Bureau of Statistics (ABS) Retail Trade figures, Australian retail turnover rose 16.9 %in May 2020, seasonally adjusted
JB Martin, born 99 years ago in Fougères and a historic player in the French footwear industry disappears as the brand was liquidated by the Paris Commercial Court at the beginning of June
The Pakistan Leather Garments Manufacturers & Exporters Association (PLGMEA) has urged the government to exempt export-oriented units in Punjab from lockdown restrictions on Saturdays besides allowing them to work in double shifts
According to the Department of Statistics in Singapore, the country's retail sales fell by 52.1% in May 2020 from May 2019. This was the lowest recorded decline since 1986 when data started to be compiled
Britain-based menswear brand T.M. Lewin will close all its stores permanently. The brand will remain on the online sphere, its restructurer said on Tuesday
Compared to May 2019, total retail trade turnover reduced by 0.6 % in May 2020. Turnover of retail trade in food products grew by 1.6 %. Retail sale of clothing, footwear and leather goods with one of the most significant turnover drops
The importance of enhancing a homebound lifestyle remains, but consumers are increasingly showing their interest in products with a more personal focus. The conclusion is from the NPD Group
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
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
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
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