Coronavirus - Covid19
Europe in the midst of Covid-19: consequences for footwear
Reports come from several countries regarding retail closures. Manufacturing continues to be on, although some issues with access to raw materials are being felt by some businesses
Owner of Melissa stops manufacturing activities
Brazil-based Grendene Group, owner of Melissa and Ipanema brands, has decided to implement mandatory collective vacation for all employees in their units in the country
Chanel closes production sites
The France-based luxury house announced it has decided to close its core production sites in three European countries: France, Italy and Switzerland, either completely or partially
Genesco closes stores temporarily
Another group closes doors in the US following the rapid diffusion of the Covid-19 on the country. Genesco recently announced its business guidance for 2020, but is now withdrawing it
Keen donates 10 million US dollars in shoes for coronavirus relief
The Portland-based company will give away 100 000 pairs of shoes, with a retail value of 10 million US dollars, to those affected by coronavirus, including health care workers and people who have lost jobs
How Covid-19 is being felt in Africa and Latin America
While countries in Europe seem to be in the midst of the pandemic, Africa and Latin America are facing the early stages of the Covid-19 diffusion in their territories
Kering donates 2 million euros to hospitals
The French-based group, owner of brands such as Gucci, Yves Saint Laurent or Balenciaga has announced their contribution to the fight of the coronavirus outbreak
How Covid-19 is impacting the Asian countries
Over the last few days, we have all received reports of retail closures and limitations on the manufacturing activity from all over the world. Today we bring you updates from the situation in the Asian countries
Capri issues statement regarding Covid-19
Given the global diffusion of the Covid-19 Capri, the owner of Jimmy Choo, Versace and Michael Kors, made an announcement to the markets. The company will provide updates later regarding the impact of the pandemic
LVMH changes production from perfumes to hand sanitizer
The French-based luxury giant announced its production facilities for the cosmetics branch will start to manufacture large quantities of hydro-alcoholic gel
Nike closes several stores temporarily
The giant sportswear brand decided to close stores in several countries, including in the United States, Canada, Western Europe, Australia and New Zealand to limit the spread of the coronavirus
New Balance: closures across office, factory and retail
In a statement issued by the company, Joe Preston, President and Chief Executive Officer, announced a series of measures to ensure the health of associates, customers, and communities
Puma says short-term normalization will not occur
The Germany-based sportswear no longer expects a short-term normalization of the Covid-19 situation despite first encouraging signs coming out of China
FDRA asks for a freeze on shoe duties
Footwear Distributors and Retailers of America (FDRA), the footwear industry’s business and trade association, sent a letter to the White House applauding the proposed payroll tax cut but also encouraging a freeze on footwear duties
Assocalzaturifici: trade fairs in Kiev and Munich indefinitely postponed
Restrictions imposed by the Italian government’s regarding new measures for the limitation of the spread of Covid-19, limiting the mobility of Italian citizens, lead to the postponing of the 2 events-
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