Last Friday the company re-opened 122 stores in states where the local authorities have alleviated or cancelled previous restrictive orders. Today, Shoe Carnival will add approximately 62 additional stores to the opening list
Argentina, Brazil, Colombia, Chile, Ecuador, Guatemala, Mexico, Paraguay, Uruguay and Venezuela got together and issued a statement with their concerns arising from the impact of Covid-19 on the footwear industry
In the General Meeting held yesterday a special resolution to cancel payment of the final dividend from last financial year was approved. First semester results already reflect a drop in turnover
The China-based footwear manufacturer and retail corporation is predicting a loss for the quarter that can reach 70 million US dollars as a result of the Covid-19 crisis
“Together We Are the Solution” is the name of the initiative that marks the first solidarity project of OvercubeCollectiva, the social responsibility area of digital platform Overcube
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
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
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
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)
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
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
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
The Michigan-based company has announced it will hold its 2020 Annual Meeting of Shareholders in a virtual only format due to public health considerations arising the Covid-19 pandemic