The Canada-based group, created in 1972, requested a creditors' agreement at the Quebec Superior Court. The same procedure was initiated in the United States and Switzerland might follow
The sportswear brand is working with 3 phases - Survive, Recover, Grow Again - as it deals with the impacts of Covid-19. First quarter sales declined by 1.3%, but in the current quarter revenue is at 50% normal level
The HDS/L and buying groups SABU and ANWR issued a joint declaration recommending postponing the season timings in footwear and leather goods sector to help minimise the impact of Covid-19 closures
As the company prepares to re-open ist stores, as Covid-19 restrictive measures start to be alleviated, Nordstrom has announced it plans to permanently close 16 full-line stores
As many countries start to alleviate the restrictive measures of the last weeks and re-open their economic activities, several concerns fill everyone's thoughts, as we all witness changes in retail, manufacturing, and consumption
With the UK under lockdown given the Covid-19 pandemic, many companies have taken advantage of the state job retention scheme. Burberry has said it won't take any of this cash
The multi-brand, multi-channel, specialty fashion retailer J. Crew became the first major US retailer to file for bankruptcy protection in the middle of the coronavirus outbreak
The World Footwear' experts panel is foreseeing a drop in global footwear consumption of 22.5% in the current year. Read the main conclusions on the impacts of Covid-19 in the footwear industry
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
One of the key players in the leather industry is now asking the Government to set a plan for the sector once the lockdown is exited next week. The Council for Leather Exports is urging for measures
The American department store chain is re-opening 68 stores on Monday in states that reduced coronavirus lockdown restrictions. Macy's plans to re-open more stores in the upcoming weeks
“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