Coronavirus - Covid19
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
Italy locks down north of the country
The Italian Prime Minister Giuseppe Conte announced the measures over the weekend in an attempt to contain the spreading of the disease
Coronavirus to impact US mall traffic
A survey conducted by Coresight Research revealed that nearly three-quarters of US consumers would avoid malls or shopping centres if the coronavirus outbreak worsens in the country
Copenhagen Fashion Summit postponed due to Coronavirus
Given the growing public health concerns around the Coronavirus outbreak, organisers of the Copenhagen Fashion Summit, the annual sustainability event, decided to move this year's edition to October
Obuv: spring edition rescheduled to May
EXPOCENTRE AO and BolognaFiere S.p.A. (Italy) have informed the markets that Obuv. Mir Kozhi 2020. Spring has been rescheduled to the 12th to the 15th of May
Lineapelle 98 with a 2% increase in visitors
The organisers announced a successful edition beyond all expectations despite the fears of a drop in attendance due to the Coronavirus. The outbreak of the epidemic took place in Italy after the fair ended, but started in China by the end of 2019
Gallery Shoes to go ahead as planned
Following intensive consultation and with the backing of the Federal Association of German Shoe Retailers (BDSE) and The Federal Association of the German Footwear and Leather Goods Industry (HDS/L), Gallery Shoes will go ahead-
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